[News Space=Reporter seungwon lee] SK Telecom, the number one mobile communications company in Korea, reported the damage to the relevant authorities after being hacked. The leak of data related to the Subscriber Identity Module (USIM) has been detected, but the exact cause and scale have not yet been revealed. According to SK Telecom on the 22nd, their internal system was hacked on the afternoon of the 19th, and it is believed that some subscriber SIM card-related information was leaked through malware that infiltrated the system. SK Telecom immediately deleted the malware and isolated the su
[News Space=Reporter seungwon lee] Rep. Kang Min-guk (People Power Party, Jinju City B) urged the Fair Trade Commission, Financial Supervisory Service, and other relevant authorities to actively investigate the suspicion that Hanwha Aerospace is effectively forcing its employees to buy paid-in capital increase stocks. On March 20, Hanwha Aerospace decided on a large-scale paid-in capital increase worth 3.6 trillion won, but immediately after the announcement of the paid-in capital increase, it faced criticism that it was a fraudulent paid-in capital increase for the succession of the owner's f
[News Space=Reporter seungwon lee] Rinnai Korea (CEO Cho Sang-hoon, Yoshikazu Tanaka) saw a slight increase in sales last year, but its operating profit soared by a whopping 153% and net profit by 84%. However, despite the good performance, the net assets of its affiliate, Rinnai Plus, are in minus (-1.56 billion won), resulting in complete capital impairment. As the possibility of recovering accounts receivable from Rinnai Plus is low, a provision for bad debts has been set up. According to the audit report disclosed in the Financial Supervisory Service's electronic disclosure system on the 7
[News Space=Reporter seungwon lee] WeWork Korea Limited (CEO Claudio Andres Hidalgo Saz) succeeded in turning a profit last year from a net loss the previous year, but the red light on its financial soundness has become even stronger. The audit agency warned of “material uncertainties related to going concern” due to liquidity risk and capital erosion caused by a surge in short-term borrowings. Even the auditors use this as a euphemism for "serious doubts about the company's ability to continue operating normally." In other words, it is a sign that the company is at risk of closing down or goi
[News Space=Reporter seungwon lee] Samsung BioLogics, the world's largest bio contract development and manufacturing organization (CDMO), has celebrated its 14th anniversary. This year, Samsung BioLogics plans to continue its growth as a global top-tier bio company by accelerating its three-axis expansion strategy centered on production capacity, portfolio, and global bases. Samsung BioLogics was established on April 21, 2011 in Songdo, Incheon. It was launched to fully promote the bio business, which Samsung Group selected as one of the 'five new growth businesses'. Despite being a latecomer
[News Space=Reporter seungwon lee] Jaseng Oriental Medicine Hospital is the largest Oriental medicine hospital network in Korea, and is a medical institution that focuses on non-surgical spinal treatment and Oriental medicine treatment. As a public interest non-profit medical corporation, Jaseng Oriental Medicine Hospital focuses on medical treatment activities and delegated various support functions necessary for hospital operation, such as management, public relations, marketing, branding, education, IT, interior, and equipment purchase, to a separate specialized company (JSD One, MSO: Manag
[News Space=Reporter seungwon lee] HK inno.N's new gastroesophageal reflux disease drug K-Cab (ingredient name: tegoprazan) has successfully completed phase 3 clinical trials in the United States. K-Cab met the primary and secondary endpoints in both erosive esophagitis (EE) and non-erosive gastroesophageal reflux disease (NERD) clinical trials. In particular, it demonstrated superiority over PPI in the treatment of erosive esophagitis in the second and eighth weeks. This is the first major achievement in three years since HK inno.N transferred its technology to Sebela Pharmaceuticals in the U
[News Space=Reporter seungwon lee] SK Telecom President Yoo Young-sang bowed his head in response to the leak of SK Telecom subscriber SIM card information. SK Telecom decided to provide free SIM card replacement to subscribers who wish to do so starting on the 28th in order to alleviate concerns about secondary damage to subscribers related to this hacking incident. SK Telecom CEO Yoo Young-sang held an emergency meeting at the SK Telecom building in Euljiro, Seoul on the 25th and said, “I sincerely apologize to customers who have trusted and used SK Telecom and to society for the great incon
RSQUARE Analytics (RA), a commercial real estate data platform developed by Korean proptech company RSQUARE, has secured a client base that includes global institutional investors such as GIC, DWS, and PAG, along with major domestic institutions like the Korea Real Estate Board, Samsung Securities, IGIS Asset Management, and Koramco — all within just three months of its launch. RSQUARE Analytics (RA) provides comprehensive lifecycle data on approximately 6,200 commercial properties—including office buildings and logistics centers—covering leasing, sales, and development information. The platfo
The Seoul office sales market, which has remained stable over the past two years, is expected to shift into an upward trend this year, driven by interest rate cuts and a strong rental market. According to the 2024 Q4 Seoul Office Sales Indicators released on the 4th by RSQUARE Analytics (RA), a commercial real estate data specialist under RSQUARE, the Seoul Office Sales Index (ROSI) recorded 485.5 points. This represents a 0.8% decline from the previous quarter (489.5 points) and a 1.4% decrease compared to Q4 2023 (492.4 points). Despite these slight declines, overall office prices have remai