SEOUL, Dec. 1 (Korea Bizwire) – The Korean Marine Corps plans to adopt and supply new Garrison caps to the military, replacing its current octagon caps. Officers at headquarters have been wearing them since January of last year, according to an official in the military. Based on favorable feedback from the early-adopters, the naval force asked [...]
SEOUL, Dec. 1 (Korea Bizwire) – Interstellar, the sci-fi film directed by Christopher Nolan, has attracted 8 million viewers and is projected to exceed the 10 million level in no time. According to the box office figures compiled by the Korean Film Council, its cumulative moviegoer number hit 7,965,644 as of November 29 by admitting [...]
SEOUL, Nov. 29 (Korea Bizwire) – Shinsegae beat its longtime rival Lotte to win a bid for establishing a science complex in Daejeon, South Korea. At the final review, Shinsegae received 1054.7 points out of 1100 and a slim 17.7 point margin of victory over Lotte, who received 1037.0 points. Both bids were strong, and the [...]
SEOUL, Nov. 29 (Korea Bizwire) – Korean scientists have localized Stirling engine technology, generating electricity along with heat from a home boiler. The Korea Institute of Machinery and Materials (KIMM) announced on November 27 that it had developed a Stirling engine generator capable of producing not only hot water, but also up to 1kilowatt of electricity [...]
SEOUL, Nov. 29 (Korea Bizwire) – Over the past few years, movies and TV dramas based on webtoons have been increasing in popularity. Films based on online cartoons from Moss and Secretly Greatly to the most recent Fashion King are the talk of the town in the film industry. Misaeng, meaning an incomplete life, which [...]
SEOUL, Nov. 28 (Korea Bizwire) – Hyosung plans to showcase its new growth engines, from cutting-edge new materials like advanced carbon fiber and polyketone to a future banking solution, at Creative Korea 2014 held in Seoul until November 30. Hyosung and North Jeolla Province have jointly established a Creative Economy Innovation Center, and plan to [...]
SEOUL, Nov. 28 (Korea Bizwire) – Movie lovers can now comfortably pay for films at home with bitcoins, as CJ E&M has introduced a bitcoin payment service on its website Vingo (www.vingo.co.kr). The online portal offers up a huge quantity of video content, viewable on a myriad of gadget types including smartphones, televisions, tablets and [...]
SEOUL, Nov. 28 (Korea Bizwire) – A man in his early 50s was arrested for spreading unfounded rumors about the Sewol ferry sinking tragedy online. He posted more than 600 messages including a writing claiming that the drowning of 300 passengers was part of a conspiracy by the Park government. Some of his postings attracted [...]
SEOUL, Nov. 28 (Korea Bizwire) – A Korean research team has finally developed next-generation optical networking equipment that realizes up to 10 Gigabits per second transfer speeds. As it is 100 times faster than the speed of existing optical fiber cable, a high-definition film can be downloaded in only four seconds. The Electronics and Telecommunications [...]
SEOUL, Nov. 28 (Korea Bizwire) – Households with members in their 60s have been more hesitant to open their wallets this year than during the financial crisis period in South Korea. Their propensity to consume (the ratio of total consumption to total disposable income) in the third quarter this year was equivalent to 66.6 percent, [...]