Doing business in South Korea: overview by Chi-Hyoung Cho, Chan Sik Ahn and Sang Jun Kim, HMP Law A Q&A guide to doing business in South Korea. This Q&A gives an overview of key recent developments affecting doing business in South Korea as well as an introduction to the legal system; foreign investment, including… Continue reading [PRACTICAL LAW] Doing business in South Korea: overview
[카테고리:] ENG
[The Korea Herald] M&As to keep Korean industries going in 2020
South Korea was brimming with billiondollar mergers and acquisitions in 2019, mainly propelled by large business groups in search of new growth opportunities, along with the divestment of their noncore business units. Throughout 2019, Korean entities announced a record-high volume of M&A transactions worth a combined 37.7 trillion won ($32.6 billion), according to Maeil Business… Continue reading [The Korea Herald] M&As to keep Korean industries going in 2020
[In-House Community_안찬식·최선민 변호사] Impact of permit and reporting system on location information business in South Korea
One thing that may surprise many global operators of location-based businesses, for example any phone app that uses a person’s GPS data, when doing business in South Korea is that there is an obligatory permit and reporting system. In Korea, strict control on the dissemination of and access to personal information is already a well-known… Continue reading [In-House Community_안찬식·최선민 변호사] Impact of permit and reporting system on location information business in South Korea
[In-House Community_안찬식·신채은 변호사] Responding quickly to personal information breaches in South Korea
By Chan Sik Ahn and Chae Eun Shin of HMP Law You will remember that Facebook was recently fined USD5 billion for privacy breaches that affected 50 million users. The U.S. Federal Trade Commission recently announced the settlement it had reached with the company because of its loss of control over personal data belonging to its users.… Continue reading [In-House Community_안찬식·신채은 변호사] Responding quickly to personal information breaches in South Korea
[The Korea Times_양성호 변호사] Is it copyright Infringement if you introduce a movie on YouTube?
By Yang Sung-ho 'Boramtube', which has 17 million subscribers on YouTube, is a hot topic these days. The six-year-old creator's advertising revenue is comparable to MBC, one of the top three Korean broadcast networks. The development of broadband internet and cheap video camera enabled anyone to produce their own show for broadcast, and the emergence… Continue reading [The Korea Times_양성호 변호사] Is it copyright Infringement if you introduce a movie on YouTube?
[THE KOREA TIMES_이동진 변호사] ‘Crunch mode’ for overtime in games industry
By Lee Dong-jin Since Moon Jae-in was elected President in 2017, the ruling Democratic Party of Korea and the Ministry of Employment and Labor have enacted and amended many labor laws. Accordingly, a lot of labor issues have arisen in various industries, and their biggest impact was felt by the computer game industry. "Crunch mode"… Continue reading [THE KOREA TIMES_이동진 변호사] ‘Crunch mode’ for overtime in games industry
[The Korea Times_최선민 변호사] There is such a thing as Bitcoin
By Choi Sun-min Once there was a boy who learned that there was a dragon living in his house. He told his mother, "Mom, there's a dragon in the house!" But his mother told him "Son, there's no such thing as dragons." Little by little the dragon got bigger and bigger until it took… Continue reading [The Korea Times_최선민 변호사] There is such a thing as Bitcoin
[IFLR_안찬식, 이동진, 최선민 변호사] Unpacking the sandbox
[THE KOREA TIMES_이동진 변호사] Steps for better bicycle-sharing services
By Lee Dong-jin As in other countries, bicycle-sharing services in Korea have also become big business. Seoul Metropolitan Government officially began its own service named "Ddareungi (따릉이)" or "Seoul's bike" in 2015, and several companies now also provide similar services. Because bicycle-sharing is a desirable solution for air pollution, traffic jams, and lack of exercise,… Continue reading [THE KOREA TIMES_이동진 변호사] Steps for better bicycle-sharing services
[THE KOREA TIMES_최선민 변호사] Flexible devices and the problem of battery safety
By Choi Sun-min The CES (International Consumer Electronics Show) is an annual technology gift for tech lovers all around the world. One of the most notable devices at the 2019 CES was LG's rollable OLED TV. Literally, the OLED TV was rolled up in a white box, and it was a breathtaking moment when the… Continue reading [THE KOREA TIMES_최선민 변호사] Flexible devices and the problem of battery safety