Technology, Media, Telecoms (TMT)
Asia-Pacific Guide 2024 : South Korea
Band 3
Email address
[email protected]Contact number
+82 2 528 5200About
Provided by Yulchon LLC
Yulchon’s TMT Practice Group is equipped with unparalleled expertise in the telecommunications, media, and technology (TMT) sector. Our team consists of competent attorneys well-versed in TMT regulations, IT and security experts, as well as policy and administrative specialists who have held important positions within governmental bodies such as the Ministry of Science and ICT (MSIT), Korea Communications Commission (KCC), Personal Information Protection Commission (PIPC), Financial Services Commission (FSC), and Financial Supervisory Services (FSS). Our team has built a reputation as a trusted advisor for both domestic and international clients, who are major players within the TMT sector.
Expanding beyond the conventional boundaries of the TMT sector, our expertise extends into the new technologies catalyzed by the Fourth Industrial Revolution. From artificial intelligence (AI) and Big Data to cloud computing, fintech, blockchain, e-commerce, mobility solutions, and gaming, we deliver comprehensive and distinguished legal advisory services to address multifaceted challenges faced by our clients, including corporate transactions, regulatory compliance, antitrust measures, IP, corporate tax disputes, and labor issues.
Chambers Review
Yulchon has a well-reputed advisory practice in South Korea which is well equipped to handle a broad spectrum of TMT legal work. The team embraces complex regulatory matters, M&A transactions, data privacy issues and licence applications. The practice is also increasingly active in matters related to emerging technologies including artificial intelligence. It advises major national telecommunications companies, new entrants to the market and household-name multinational IT companies, such as KT, Naver and LG HelloVision.
Work Highlights
- Yulchon assisted Naver with its acquisition of US-based fashion e-marketplace Poshmark for USD1.2 billion.
Strengths
Provided by Chambers
"Yulchon's advice is consistently holistic and practical to implement. The team consists of qualified corporate lawyers and ex-regulators, thus giving us better insight into how regulators interpret legislation."
"The team that we worked with at Yulchon were obviously deep subject matter experts and the lawyers were able to marshal a range of arguments and strategies for how to best manage our case which has involved a number of complex and novel issues."
"The team is adequately staffed with sufficient subject matter experts, including partners with a strong understanding of the challenges."
"Yulchon's advice is consistently holistic and practical to implement. The team consists of qualified corporate lawyers and ex-regulators, thus giving us better insight into how regulators interpret legislation."
"The team that we worked with at Yulchon were obviously deep subject matter experts and the lawyers were able to marshal a range of arguments and strategies for how to best manage our case which has involved a number of complex and novel issues."
"The team is adequately staffed with sufficient subject matter experts, including partners with a strong understanding of the challenges."
Notable Practitioners
Son Doil is active on a range of corporate, licensing and regulatory matters in South Korea involving clients in the TMT sector. He is particularly noted for his handling of data privacy issues and acquisition of licences.
"He has a strong sense of business issues and thus is able to focus on the real concerns of corporate clients. His expertise in data and technology has become increasingly valuable."
"Doil is a creative thinker and problem solver. We have found him very easy to work with."
"He consistently contributes and provides insightful commentary."
Han Seung Hyuck is known for his expertise providing advice on competition law matters arising in the TMT sector. He has represented clients before several regulatory agencies, including the Korean Fair Trade Commission, the Korean Communications Commission and the Ministry of Science and ICT.
"He delivers an in-depth legal analysis and understanding of policies based on his experience."
Ranked Lawyers at
Yulchon LLC
South Korea
Members
Provided by Yulchon LLC
Chung Min Lee
Head of Department
Il Hyun Park
Jong Cheol Lee
Kum Ju Son
Mun Hui Kim
Seung Jin Heo
Sun Hee Kim
Yong Min Lee
Clients
Provided by Yulchon LLC
Agoda
CMB
Cisco
Dell
HP
KT
Korea Cable TV Association
Lotte Home Shopping
SK Telecom
Industries
Provided by Yulchon LLC
Aerospace & Defence
Automobiles & Parts
Banks
Charities / Not for Profit
Financial Services
Food & Drink Producers
Government
Health Care
Insurance
Media
Pharmaceuticals & Life Sciences
Software & Computer Services
Sports
Technology, Hardware & Electronics
Telecommunications
Travel & Leisure