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Qualcomm Files Complaints Against Anti-Trust Fine in S. Korea

Qualcomm Files Complaints Against Anti-Trust Fine in S. Korea

SEOUL, Feb. 22 (Korea Bizwire) – Qualcomm Inc. has filed complaints against South Korean anti-trust regulator’s decision to penalize the U.S. wireless technology giant with a fine of 1.03 trillion won (US$903 million) for violating the nation’s competition laws.  The complaints were filed with the Seoul High Court on Tuesday, a day before the deadline [...]

Court Rules in Favor of Korean Fashion Company in Hermès Copyright Dispute

Court Rules in Favor of Korean Fashion Company in Hermès Copyright Dispute

SEOUL, Feb. 21 (Korea Bizwire) – A Seoul appeals court on Tuesday ruled in favor of South Korean fashion brand PLAYNOMORE in a copyright lawsuit filed by Hermès, upsetting a previous ruling in favor of the French luxury brand.  The dispute goes back to November 2015 when Hermès filed a lawsuit against the Korean company, [...]

Hermes Bags Are Talk of Town amid Nation-Rocking Scandal

Hermes Bags Are Talk of Town amid Nation-Rocking Scandal

SEOUL, Feb. 21 (Korea Bizwire) – Hermes handbags, despite their international reputation as an elegant luxury brand, are adding bitterness to their cachet in South Korea as they have been used as a “popular” item for bribes in high-profile political scandals.  Industry sources have widely suspected that either a Birkin bag or Kelly bag, two [...]

Samsung Heir Arrested on Bribery Charges in Corruption Probe

Samsung Heir Arrested on Bribery Charges in Corruption Probe

SEOUL, Feb. 17 (Korea Bizwire) – Lee Jae-yong, Samsung Group’s de facto leader, was formally arrested Friday on charges of bribery in connection with a high-profile corruption scandal surrounding President Park Geun-hye and her friend.  With the Seoul Central District Court issuing the arrest warrant, Lee, vice chairman of Samsung Electronics Co., became the first [...]

Samsung Heir Questioned Again over Bribery Allegations amid Scandal

Samsung Heir Questioned Again over Bribery Allegations amid Scandal

SEOUL, Feb. 13 (Korea Bizwire) – The de facto leader of Samsung, South Korea’s largest business group, was quizzed for a second time Monday on charges of bribery, as special prosecutors here accelerated their probe into an influence-peddling scandal centered on President Park Geun-hye.  Lee Jae-yong, vice chairman of Samsung Electronics Co., appeared before the [...]

Hundreds of S. Korean Artists File Suit Against Park, Aides over Blacklist

Hundreds of S. Korean Artists File Suit Against Park, Aides over Blacklist

SEOUL, Feb. 9 (Korea Bizwire) – Hundreds of South Korean artists on Thursday filed a compensation suit against President Park Geun-hye and her former aides over allegations her administration blacklisted cultural figures deemed critical of the government, a lawyers association said.  A total of 461 plaintiffs filed the case with the Seoul Central District Court, [...]