[Economy 365]
Samsung Electronics apologized for the phenomenon that some models of Galaxy Watch 4 did not turn on after software update.
Samsung Electronics posted an apology on the Samsung Members notice yesterday (6th), stating that it has stopped updating the software in error and will release the improved software soon.
Samsung Electronics explained that it will perform free repairs at the service center for customers with problems, and will contact customers who have already received paid repairs to take measures such as returning the repair costs.
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The Fair Trade Commission announced that POSCO Chemical has decided to impose a correction order and a fine of KRW 580 million for violations of the Subcontracting Act and Fair Trade Act by interfering in important management issues with 19 suppliers.
According to the Fair Trade Commission, since 2010, POSCO Chemical has created and operated 'management management standards' that interfere with internal affairs of business partners, such as personnel, capital, equity, etc. .
POSCO Chemical has outsourced some of the work it used to be done by outsourcing it to a company established by its employees after retirement, and all current and former executives of the partner companies were former employees of POSCO Chemical.
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The Financial Supervisory Service announced that in an investigation into four life insurers, they found and sanctioned cases where they violated the obligation to comply with basic documents or paid low interest when paying insurance money.
Hanwha Life was fined 480 million won, KB Life was fined 440 million won, DB Life was fined 330 million won, and Mirae Asset Life Insurance was fined 190 million won.
In the case of Hanwha Life, it was discovered that some insurance contracts paid less than the interest set in the insurance policy, and one executive and one employee were disciplined for violating the duty to report suspicious transactions.