It has been more than a month since AliExpress received a voluntary agreement proposal from the Korea Consumer Agency (KCA) to block hazardous and harmful products but the agreement has not yet been signed yet. Recently, AliExpress has been caught selling deleterious products one after another and i
As Chinese shopping platforms such as AliExpress, Temu, and Shein continue to expand their presence within the domestic market, it has been revealed that seized counterfeit Chinese imports amount to a staggering 1.8 trillion won over the past five years.According to the Korea Customs Service on Marc
Controversy over AliExpress’ and Temu’s harmful content for teenagers has not subsided.Despite constant criticism from Korean consumer organizations, the two Chinese e-commerce giants’ measures have been insufficient, and responses came late from the Korean government.According to a recent report, a
Chinese online shopping platforms AliExpress, Temu, Shine and other overseas business operators over a certain size will be required to have representatives in Korea. This new policy is aimed at making them responsible for consumer protection.Unlike AliExpress, which currently has a legal entity in
Chinese e-commerce giant Alibaba’s AliExpress has come under fire once again, this time embroiled in controversy surrounding sexually explicit content following on issues regarding counterfeit products. Concerns have been raised over the platform’s uncontrolled search terms, advertisements, and imag
On Feb. 6, TikTok, the global short-form platform, revealed its content moderation methods aimed at creating a “safe platform environment.” The company disclosed that its content guidelines are enforced through a combination of artificial intelligence (AI) technology and human content moderation tea
Samsung Electronics and LG Electronics are pumping up their efforts to promote their gaming monitors among gamers of the e-sports League of Legends (LoL) scene.LoL is the world’s most popular game with nearly 200 million monthly active users. There are continental leagues such as League of Legends C
Authorities of the Korean Intellectual Property Office (KIPO) will crack down on fake Blackpink merchandise for fans present at the local Blackpink concert.KIPO said it will crack down on counterfeit merchandise related to the girl group at the “Blackpink World Tour Finale Concert,” which will be he
The Korean government has begun to improve its system to allow more skilled foreign workers to work longer at workplaces in Korea.On Aug. 24, the Ministry of Justice announced a plan to revolutionize work visa regulations in order to drive Korea’s economic growth at the 4th Regulation Innovation Str
Much attention is being paid to if Samsung Electronics, which recently stopped ordering from China’s No. 1 display maker BOE, will expand the amount of liquid crystal displays (LCDs) that it buys from LG Display in the future. Samsung has been buying LCD TV panels from LG Display since 2017.Accordin
Samsung Display has filed a patent infringement lawsuit in the U.S. against Chinese display manufacturer BOE. As technology infringement from China intensifies, spreading to appliances, smartphones, and now displays, Samsung Display has decided to take a firm stand.According to the industry on July
Growing public anxiety over the recent release of contaminated water from Fukushima Nuclear Power Plant in Japan has prompted the Korean government to hold daily briefings on the issue to actively deal with fake news and fear mongering.The Korean government will crack down on those who make and dist
A methanol poisoning accident at a second-tier partner of a Samsung Electronics plant in Vietnam killed one person and injured about 30 others.While Vietnamese authorities are investigating whether a local supplier delivered fake ethanol mixed with a large amount of methanol to the partner, Samsung
KPOP 4 Planet, a K-pop fan club in Indonesia, is accusing Hyundai of greenwashing, a form of advertising or marketing spin in which green PR and green marketing are deceptively used to persuade the public that an organization's products, aims and policies are environmentally friendly. They have
Fake news and information are following one after another regarding President Yoon Suk-yeol’s recent visits to the United Kingdom, the United States and Canada. The spread of such news and information has been led by left-wingers’ terrestrial broadcasting programs.It is MBC that spread the most seri
Kakao has decided to take a step back in its conflict with Google over forced in-app payment by giving up its outlink payment method. As a result, a prolonged suspension of Kakao Talk updates or the deletion of Kakao Talk application in the app market is unlikely to take place.Kakao officials met wi
The National Tax Service (NTS) of Korea has reportedly launched a large-scale tax investigation into Intel Korea. The NTS announced on Feb. 22 that it has launched an intensive tax investigation into a multinational corporation after detecting tax evasion allegations. The announced coincided with th
AnTuTu said in its report on March 21 that the Samsung Galaxy was the most frequently copied smartphone brand in China from March last year to February this year.“We checked a total of 12,147,275 smartphones and detected 482,361 fakes in that period,” it said, adding, “Those include approximately 11
The Fair Trade Commission (FTC) announced on Jan. 12 that it will warn Hyundai Motor Co. and Kia Corp. for misleading consumers with false and exaggerated advertisements for their authorized parts.According to the FTC’s findings, the two carmakers' user manuals for their cars produced and sold b
The author is an analyst of NH Investment & Securities. He can be reached at jaemin.ahn@nhqv.com. -- Ed. Despite some platform industry regulatory concerns, we expect Kakao to enjoy brisk earnings growth in 2022, noting that earnings at its major businesses are continuing to grow rapidly. We positiv