Tesla Hit With KRW 2.85 Billion Fine Over Alleged False Advertising
South Korea's antitrust regulator said it would impose a KRW 2.85 billion (roughly Rs. 18 crore) fine on Tesla for failing to tell its customers about the shorter…
Browsing Tag
KRW
South Korea Metaverse Project Bags KRW 223.7 Billion in Funding
South Korea is planning a fully functional metaverse ecosystem aimed at supporting digital worlds of corporate and content in the country. The Ministry of Science, ICT and Future Planning of…
Google Fined KRW 207 Billion for Abusing Market Dominance
Google was fined KRW 207 billion (roughly Rs. 1,300 crores) by South Korea's antitrust regulator, saying the US technology giant abused its dominant market position to restrict competition…
Google Says It Offers Over KRW 12 Trillion in User Benefits in South Korea
Alphabet's Google said on Wednesday its presence in South Korea equates to nearly KRW 12 trillion (roughly Rs. 75,580 crores) in economic benefits for its users, as the US tech giant faces…
Samsung to Invest KRW 240 Trillion Over Next Three Years
Samsung Group will invest KRW 240 trillion (roughly Rs. 15,26,645 crores) in the next three years to expand footprint in biopharmaceutical, artificial intelligence, semiconductor, and…