WASHINGTON, May 18 (Korea Bizwire) — A U.S. court ruled Monday that Apple cannot collect damages from Samsung Electronics for its claims that the South Korean electronics giant copied the overall look and feel of iPhone, a decision expected to lower the US$930 million damages awarded to Apple. The U.S. Court of Appeals for the Federal [...]
SEJONG, May 18 (Korea Bizwire) – Chinese e-commerce giant Alibaba Group on Monday opened a shopping platform in South Korea that promises local companies a chance to make headway in the world’s second-largest economy, the government said. The launch of the business-to-consumer Tmall shopping platform is aimed at selling South Koreans agricultural and manufactured goods as well [...]
SEOUL, May 18 (Korea Bizwire) – Major electronics brands Apple and Samsung saw their shares in the global tablet PC market plunge in the first quarter of 2015, data showed Monday, dented by the rise of Chinese companies tapping deeper into the “white box” segment. U.S. tech giant Apple accounted for 24.3 percent of the global [...]
SEOUL, May 18 (Korea Bizwire) — South Korean cosmetic products are expanding their presence in China on the back of the Korean Wave and competitive beauty products, becoming the second most sold in Asia’s second-ranked but fast-growing beauty market, data showed Monday. Out of $686.2 million worth of cosmetics China imported in the January-March period, [...]
SEOUL, May 17 (Korea Bizwire) — Like choosing cosmetics after using a sample, a new trend is emerging of “liquor samplers” in Korea’s liquor industry. According to the industry, Baesangmyun Brewery, a traditional Korean rice wine maker, offers four kinds of “Slow City Brewery Makgeolli” in the sampler course at its “Slow City Brewery & [...]
“Kim Jong-un, the Chairman of North Korea’s National Defense Commission, appears to have a complex due to his young age as the leader of North Korea. His father Kim Jong-il began ruling North Korea in his early 30s, while Kim began at the age of 29. He is young for a leader, and appears ill [...]
SEOUL, May 17 (Korea Bizwire) — When Samjung The Park, the only zoo in Busan, began opening at night from May, animal protection groups criticized the change as abuse that puts severe stress on the animals. The zoo extended its operation hours from 10am-5pm to 10am-9pm from May 1, as the park receives the largest [...]
SEOUL, May 17 (Korea Bizwire) — As traffic accidents among elderly people increase, a local police agency plans to dispatch officers to senior citizen centers to prevent such accidents. The Gyeongnam Provincial Police Agency announced on May 13 that it will offer traffic safety education to 6,153 silver halls in the province by dispatching police [...]
SEOUL, May 15 (Korea Bizwire) – Samsung Electronics, South Korea’s top smartphone maker, managed to stay on the top 10 list of global tech players this month in terms of market capitalization but suffered a one notch decline from end-2014 apparently due to a plunge in earnings. Samsung ranked No. 10 among other major tech [...]
SEOUL, May 14 (Korea Bizwire) — Hotel The Plaza in Seoul will present a gala dinner by Massimo Bottura, chef patron of three-Michelin-starred restaurant Osteria Francescana in Italy. One will have to reserve by phone (02-310-7780) and pay 500,000 won to enjoy a dinner composed of 7 courses at the gala, which starts at 7 [...]