Jung Cheong-rae, a candidate for the leadership of the Democratic Party, announced on August 11 that he has received reports alleging that Jeon Jin-sook's local committee in the North District of Gwangju, Jeollanam-do, operated an illegal phone room for campaign activities and promised monetary rewards to campaign workers.Jung's camp released a recording during a press announcement, which reportedly features a voice from Jeon's office. In the recording, a party member says, "Make sure to receive

Shift Up reported a 58.8% decrease in operating profit for the second quarter of this year, attributed to a gap in new game releases.The company announced on August 11 that it recorded revenues of 55.7 billion won and an operating profit of 27.6 billion won for Q2 2026, marking declines of 50.4% and 58.8%, respectively, compared to the same period last year. Net profit fell by 18.7% to 41.7 billion won.Shift Up explained that the acquisition of Japanese game developer Unbound, which was integrat

The second comprehensive special investigation team, led by Special Prosecutor Kwon Chang-young, is facing challenges as it approaches the end of its investigation period with unresolved key cases. Although the team has indicted around 50 individuals, there is a growing possibility that some unresolved allegations will be transferred to other investigative agencies.According to legal sources on August 11, the special investigation team is set to conclude its 180-day investigation on August 23 an

A researcher with 12 years of experience in the advanced process development department of a domestic semiconductor company reported working nearly 50 hours of unpaid overtime in June. With the deadline for next-generation memory supply to clients just weeks away, the researcher, referred to as A, had already exhausted the 150-hour limit for overtime allowed over three months in just two months.A's department, focused on yield improvement and process technology, is at the forefront of semiconduc

The Semiconductor Special Law's enforcement decree took effect on August 11, expanding support for domestic semiconductor materials, parts, and equipment (known as 소부장) from research and development (R&D) to mass production verification. Following the government's announcement of a 10-year, 1 trillion won "Together Growth Project" the previous day, Samsung Electronics and SK Hynix are establishing infrastructure to test products developed by their partners in environments close to actual prod

Premium gaming monitors priced over 2 million won are selling out rapidly, reflecting a vibrant market driven by increasing demand for performance over price, particularly in refresh rates, response times, and image quality that can determine game outcomes.In this competitive landscape, Samsung and LG are vying for market leadership by emphasizing high-performance features such as 6K ultra-high resolution and OLED technology.According to the electronics industry on August 11, LG Electronics' 39-

As the construction market continues to slow and uncertainty looms over the housing sales sector, South Korea's leading home furnishing companies, Hanssem and Hyundai Livart, reported similar trends in their second-quarter results. The stagnation in revenue appears to have been offset by cost reductions and restructuring efforts.According to the furniture industry on August 11, both companies experienced a decline in sales but a significant increase in operating profit. Hanssem reported consolid

Daewoong Pharmaceutical is targeting the post-health checkup management market by supplying a ring-type ambulatory blood pressure monitor (ABPM) to the Korea Health Management Association.On August 11, Daewoong Pharmaceutical announced that it has begun supplying the 'CART BP Pro' to 17 branches of the Korea Health Management Association nationwide.This introduction allows the Korea Health Management Association to conduct 24-hour ambulatory blood pressure measurements for individuals who show a

Conflicts over the leadership of Jang Dong-hyuk, head of the People Power Party, have escalated from the National Assembly to the party's grassroots. Responsible party members demanding Jang's resignation argue that a party-wide vote is necessary for re-endorsement, while the Responsible Party Members Council warns against using the names of responsible members as political weapons.Park In-kyu, who is leading the signature campaign for Jang's resignation, held a press conference in front of the