(Photo=MotionElements) Samsung Electronics, South Korea’s largest technology company and one of the world’s biggest semiconductor manufacturers, is investigating more than 100 employees at its Pyeongtaek chip complex over allegations that some improperly collected a company housing benefit worth up to $520 a month. The money was supposed to make life easier for employees dealing with long commutes and rotating shifts.

(Photo=netflx) Netflix is celebrating 10 years in South Korea with a two day festival in Seoul, marking a decade in which the country evolved from another overseas market for the U.S. streaming company into a reliable source of shows and films watched around the world. The scale of that change helps explain why Netflix is treating the anniversary as more

(Photo=MotionElments) Americans who found Seoul unusually cheap earlier this year may notice a difference on their next trip. The dollar no longer stretches as far in South Korea as it did when the won was substantially weaker, reducing the currency discount that helped turn the country into an increasingly attractive place to shop. That change is about more than the

(Photo=MotionElements) South Korea is trying to turn some of its vast pool of household savings into long term financing for semiconductors, artificial intelligence, batteries, defense and robotics as the global race to fund advanced industries demands ever larger amounts of capital. The effort is part of a broader 150 trillion won National Growth Fund initiative designed to channel government backed

(Photo=National Health Insurance Service) South Korea will freeze its national health insurance contribution rate at 7.19% in 2027, relying partly on stronger income generated by its semiconductor boom to absorb rising medical costs without asking workers and employers to pay more. The decision shows how far the global AI and semiconductor boom is spreading through the Korean economy. Higher wages