Korea Joongang Daily
Korea JoongAng Daily

Disney invests $1 billion in OpenAI in deal to bring characters like Mickey Mouse to Sora AI video tool

Disney is investing $1 billion in OpenAI and will bring characters such as Mickey Mouse, Cinderella and Luke Skywalker to the AI company's Sora video generation tool, in a licensing deal that the two companies announced on Thursday.

2025-12-12

U.S. jury says Apple must pay Masimo $634M in smartwatch patent case

A federal jury in California said on Friday that Apple owes medical-monitoring technology company Masimo $634 million for infringing a patent covering blood-oxygen reading technology.

2025-11-16

Samsung to appeal $191 million jury verdict in U.S. OLED patent dispute

Samsung Electronics said on Tuesday it would appeal a U.S. federal jury verdict ordering the company to pay $191.4 million in damages for allegedly infringing organic light-emitting diode (OLED) display patents held by an Irish display firm.

2025-11-04

Webtoon Entertainment to release Marvel, Star Wars comics in the United States

Webtoon Entertainment, the New York-listed parent company of Naver Webtoon, said Wednesday it will adapt some of Disney’s most popular franchises into vertical-scroll webtoons for the U.S. market via a partnership with the Walt Disney Company.

2025-08-13

China's IP authority invalidates LG Chem cathode technology patent

China's intellectual property authority has invalidated a key LG Chem patent related to cathode technology, intensifying the patent war between Korean and Chinese battery makers as competition heats up globally.

2025-04-15

Sulbing case highlights worsening trademark squatting involving Korean companies

Trademark squatting cases involving Korean companies have surged in recent years. The number of suspicious overseas trademark filings monitored last year reached a record-high 9,249 cases, up 84 percent from the previous year.

2025-04-14

Kakao forms IP subcommittee for webtoon, entertainment units

Kakao formed a new content-related intellectual property (IP) subcommittee for its affiliates in the webtoon and entertainment businesses to bolster its presence in the global market.

2024-04-02

Korean producers shouldn't lose hope in Netflix battle, S&P researcher says

The unprecedented success of Netflix original series “Squid Game” (2021) was cause for great celebration in Korea, but it was quickly followed by concern for the domestic market: Was Netflix hogging the fruits of the show's success?

2023-11-01

Companies look to tap growing market for virtual content

Webtoons and songs featuring virtual singers are gaining thousands of views across various platforms. Companies are accordingly looking to enter the market by releasing their own virtual characters. Two weeks ago, a strange name begin to appear on...

2023-07-01

An embattled SM Entertainment delivers 'SM 3.0'

SM Entertainment says that removing founder Lee Soo-man from the production process will increase revenue by 134 percent by 2025.

2023-02-21