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Korea's ambitious webtoon industry and the tech giants behind it are bringing a huge store of cash and IP to international markets.

Naver Webtoon has unveiled a list of six webtoons and web-based novels, which will be adapted for silver or small screens by the end of this year, as part of the internet giant's latest effort to expand the exploitable scope of its intellectual property (IP).The first in line is “The Law Cafe,” a popular web novel that has accumulated over 25 million downloads in Korea alone. Starring Lee Seung-gi and Lee Se-young, KBS' legal romance series of the same name premiered on Sept. 5, with its latest episode garnering a 5.5-percent viewership, according to Nielsen Korea.

In Ridley Scott's The Martian (2015), Matt Damon played an astronaut who got left behind on Mars after a mission went awry. We saw the solo spaceman struggle to stay alive, growing potatoes from his own poop. In Duncan Jones' directorial debut Moon (2009), Sam Rockwell portrayed a man who took on a solitary stint to mine helium-3 on the...

Film adapted from Korean webtoon becomes hit in China

South Korea's 2016 decision to deploy a U.S. Terminal High Altitude Area Defense (THAAD) battery triggered an immediate backlash from neighboring China, which claimed that the anti-missile system's radar could undermine its security interests. The country responded with economic retaliation against Korea, notably curbing imports of K-pop and Korean movies, dramas and games.