South Korea

Apple Now Allows Third-Party Payment Providers in South Korea

As of today, Apple will let developers use third-party payment providers for their apps on the South Korean App Store — reports 9to5Mac. Back in August of last year, South Korea passed a bill prohibiting app store operators like Apple and Google from forcing developers to use their own payment systems to process purchases. Apple announced...

Google to Open Play Store to Third-Party Payment Systems in South Korea

Earlier today, Google announced it will let apps direct users to alternative payment systems in South Korea, in compliance with a recently passed law — reports Bloomberg. In late August, the South Korean parliament passed an amendment to the country's Telecommunications Business Act — known colloquially as the "anti-Google law" — that prevents big app...

Apple Faces ‘Likely’ Ban of iPhone X, iPad Pro in South Korea

A number of Apple devices, including the iPhone X, iPhone 8 and iPad Pro, are "likely" to be banned in South Korea. According to a new report from BusinessKorea, the Korean Ministry of Trade, Industry & Energy is investigating the allegations that Apple infringed on the Korea Advanced Institute of Science and Technology's (KAIST) FinFET-related patent. "We...

Samsung Heir Lee Jae-Yong Arrested in Seoul on Bribery Charges

On Friday morning, Samsung Group’s chief Lee Jae-Yong was arrested on allegations of bribery, embezzlement, and perjury. He has been arrested in connection with South Korea’s ongoing corruption scandal, according to a new report from Bloomberg. [caption id="attachment_199283" align="aligncenter" width="808"] Source: AFP PHOTO / YONHAP / Getty Images[/caption] Lee was taken into custody after the Seoul...

Samsung Boss Faces Arrest in Alleged $48M Bribery Scandal

South Korea’s independent counsel is seeking an arrest warrant for Jay Y. Lee, Samsung’s Vice Chairman and heir apparent, for handing over around 43 billion won (almost $48 million CAD) to President Park Geun-Hye’s confidant Choi Soon-Sil in exchange for business favors and perjury for having denied the allegation during parliamentary testimony held in December […]