Ministry of Science and ICT Reapproves 10 Data Home Shopping Companies

[Asia Economy Reporter Kang Nahum] The Ministry of Science and ICT announced on the 2nd that it has reapproved 10 data home shopping companies.

The data home shopping companies that received reapproval on this day are KT Hitel, TRN, Shinsegae TV Shopping, SK Stoa, W Shopping, GS Home Shopping, CJ ENM, Hyundai Home Shopping, Woori Home Shopping, and NS Shopping. Their reapproval validity period is five years, from the 19th of this month to April 18, 2026.

The Ministry of Science and ICT formed the 'Data Home Shopping Reapproval Review Committee' with external experts in six fields: broadcasting, law, management & economics, technology, accounting, and viewers & consumers, and conducted a closed review from the 29th of last month to the 2nd of this month. Major review items included matters related to the public responsibilities of home shopping such as establishing fair trade practices, supporting sales channels for small and medium-sized enterprises, and protecting the rights and interests of viewers and consumers.

As a result, all 10 data home shopping companies scored over 650 points in the review. Even in the item subject to failure application, 'Excellence in establishing fair trade practices and contributions and plans for revitalizing small and medium-sized enterprises,' they met the reapproval criteria by achieving scores above the standard.

The review committee also presented reapproval conditions to these 10 companies to secure public functions such as contributions to revitalizing support for small and medium-sized enterprises, supporting sales channels for local products, and enhancing accessibility for the disabled.

The Ministry of Science and ICT plans to finalize the reapproval conditions comprehensively considering the policy direction for supporting small and medium-sized enterprises, the establishment purpose of data home shopping, including the proposals made by the review committee.

This content was produced with the assistance of AI translation services.