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Incheon Signs Consulting Deal with Next Asiad Host

Incheon Signs Consulting Deal with Next Asiad Host

SEOUL, March 2 (Korea Bizwire) — Incheon, the South Korean host of the 2014 Asian Games, has reached a consulting agreement with the event’s next host, hoping to share its experience and knowledge of staging the continent’s largest multisport competition, officials said Monday. The organizing committee for the 2014 Incheon Asian Games said its secretary-general,

Viber Appeals S. Korean Court Ruling on Patent Feud with SK Telecom

Viber Appeals S. Korean Court Ruling on Patent Feud with SK Telecom

SEOUL, March 2 (Korea Bizwire) — Global mobile messenger provider Viber said Monday it will appeal a South Korean court ruling that may ban its local operation, signaling a protracted battle with South Korea’s No. 1 mobile carrier, SK Telecom. “Because Viber believes the court’s decision was made in error, it is appealing the court’s

Painful Fashion: Korean Men with Hallux Valgus Increasing Due to Dress Shoes

Painful Fashion: Korean Men with Hallux Valgus Increasing Due to Dress Shoes

SEOUL, Mar. 2 (Korea Bizwire) — Hallux valgus, a chronic condition often associated with wearing tight footwear such as high heels, has been occurring more frequently in Korean males. According to a report from the National Health Insurance Service (NHIS) published on March 1, 84.7 percent of individuals diagnosed with Hallux valgus from 2009 to

Ulsan to Develop Korea’s First Pet Cultural Center

Ulsan to Develop Korea’s First Pet Cultural Center

ULSAN, Korea, Mar. 2 (Korea Bizwire) — Ulsan Metropolitan City is set to establish a cultural center for companion animals for the first time in Korea, said the city government on February 27. The center will have two buildings that will be used for a welfare and cultural center for pets and pet-owners, comprised of offices

New Galaxies Make Comeback with Battery, Samsung Pay

New Galaxies Make Comeback with Battery, Samsung Pay

SEOUL, Mar. 2 (Korea Bizwire) — South Korea’s Samsung Electronics Co. on Sunday (Spain time) showed off its new Galaxy smartphones that have the industry’s first wireless-charging batteries and a mobile payment system with wider access, key new features that the tech firm hopes will set the handsets apart from its neck-and-neck rivals when they

Foreign Investors Turn Net Buyers of Korean Shares in Feb.

Foreign Investors Turn Net Buyers of Korean Shares in Feb.

SEOUL, Mar. 2 (Korea Bizwire) — Foreign investors turned net buyers of Korean stocks in February, snapping a two-month selling streak on the back of easing uncertainties in Greece and the U.S. central bank’s flexible stance on an interest rate hike, the Seoul bourse operator said Monday. Offshore traders bought a net 1.32 trillion won

Samsung to Develop 400 Smart Factories in Korea by 2017

Samsung to Develop 400 Smart Factories in Korea by 2017

Seoul, Mar. 2 (Korea Bizwire) — Samsung Group will develop about 400 ‘smart factories’ in Gyeongsangbuk-do in collaboration with the Gyeongbuk Creative Economy Center, by 2017. The partners will jointly develop fully automated assembly factories based on MES (Manufacturing Execution System) and IoT (Internet Of Things) technologies. These factories will be also equipped with tailored

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