Korea Bizwire, Author at Be Korea-savvy | Page 61 of 118
Competition over Smartwatches Starts to Fire up

Competition over Smartwatches Starts to Fire up

SEOUL, Aug. 29 (Korea Bizwire) – Samsung and LG have unveiled the latest smartwatch models just days before the IFA Berlin 2014 scheduled on September 5, signaling a fierce fight ahead over the newly emerging wearable computer market. In addition to the two Korean electronics giants, other smartwatch makers such as Apple, Sony, and Intel will showcase [...]

Seoul City Gov’t to Provide Free Phone Charging Stations on Cheonggye Stream

Seoul City Gov’t to Provide Free Phone Charging Stations on Cheonggye Stream

SEOUL, Aug. 28 (Korea Bizwire) —  The Seoul metropolitan city government said on August 27 that it would make available smartphone recharging booths near Cheonggyecheon, or Cheonggye Stream in downtown Seoul, with the small amount of electricity generated from the flowing water in the stream. This is the first time for phone charging booths to be [...]

Seoul City to Promote “Cool Roof” Initiative

Seoul City to Promote “Cool Roof” Initiative

SEOUL, Aug. 28 (Korea Bizwire) —  In order to reduce the urban heat island effect and save air-conditioning energy, the Seoul metropolitan city government will commence on a campaign to paint the rooftop in white color. To this end, the city government on August 28 appointed “Rooftop Moonlight,” a female duet, as honorary ambassadors for the cause.  [...]

Dongbu HiTek Develops Touch Screen Chip That Can Run Apps with Screen Turned off

Dongbu HiTek Develops Touch Screen Chip That Can Run Apps with Screen Turned off

SEOUL, Aug. 27 (Korea Bizwire) — Dongbu HiTek, a Dongbu Group company specializing in the analog and mixed-signal foundry business, said on August 26 that it has developed a new touch screen chip that can run applications on a standby mode. The main difference between the existing touch screen chips and the one developed by Dongbu HiTek [...]

Gov’t to Relax Regulations on Foreign Invested Firms to Relieve Their Rental Burdens

Gov’t to Relax Regulations on Foreign Invested Firms to Relieve Their Rental Burdens

SEOUL, Aug. 26 (Korea Bizwire) – The government will relax regulations on foreign companies doing business in Korea as a way to encourage them to invest more in foreign investment zones. The Ministry of Trade, Industry and Energy said on August 24 that it would revise the ordinance on foreign investment zone administration effective on the 25th. The [...]

Envac Creates Whole New Market with Its Automation Garbage Collection System

Envac Creates Whole New Market with Its Automation Garbage Collection System

SEOUL, Aug. 26 (Korea Bizwire) – A mid-sized Korean enterprise with an automation solution to collect and classify garbage has recently succeeded in signing a deal to install a large-scale system in China. Tongzhou District of Beijing is a site where the Chinese government is building a new residential “low-carbon” city. Envac said on August 25 that it [...]

Court Rules against KT in Personal Information Breach Case

Court Rules against KT in Personal Information Breach Case

SEOUL, Aug. 25 (Korea Bizwire) – A court ruled in favor of plaintiffs to a class action suit who sued against KT, Korea’s largest telecom service operator, for damages due to personal information breaches. Accordingly, the 29,000 plaintiffs will be entitled to receiving 100,000 won (US$981) each for compensation. Civil court judges of the Seoul Central District [...]