“This incident has only strengthened our belief in the unbreakable bond that exists between the United States and the Republic of Korea.” “One of my first public events (since resuming work) dealt with one of my favorite topics — Korean food. Since I love it so much, it was with enthusiasm that I attended the [...]
SEOUL, April 1 (Korea Bizwire) – A position once occupied by down jackets from The North Face and Canada Goose has now been taken over by Randoseru backpacks from Japan, the latest “must-have” for Korean elementary school children, and a financial backbreaker for their parents. According to Consumer Research, which conducted a study on major brands [...]
SEOUL, April 1 (Korea Bizwire) – Sexual minority groups in Korea denounced a communication watchdog’s crackdown on a drama depicting an intimate scene between two high school girls. Rainbow Action, an umbrella group of Korean lesbian, gay, bisexual and transgender (LGBT) movements, held a rally in front of the Korea Communications Standard Commission (KCSC) and [...]
SEOUL, April 1 (Korea Bizwire) – Scenes from the 1987 Hollywood movie “Innerspace,” which depicted a human controlled micro-capsule stuck inside a human body, will soon become reality in Korea as the title holder of similar technology is transferring its patents to a medical company. On March 31, the Robot Institute of Chonnam National University announced [...]
SEOUL, April 1 (Korea Bizwire) — Samsung employees and the head of an LG Display subcontractor denied allegations that they illegally traded LG’s OLED technology behind its back. Four executives and employers of Samsung Display and the head of the subcontractor were indicted last month on charges of exchanging information related to LG’s secret technology through emails. [...]
SEOUL, April 1 (Korea Bizwire) — The National Museum of Korea has opened a new page on their website, where individuals can find information about Korean cultural assets currently owned by overseas museums, said museum officials on March 31. Anyone can gain access to the web pages of 24 foreign museums from 7 countries, dedicated to [...]
SEOUL, April 1 (Korea Bizwire) — Samsung C&T Corporation and Samsung SDI have changed their conditions for selling their shares in Samsung General Chemicals to Hanhwa Chemical in a bid to reduce any related risks. The three companies have confirmed the changes through a corrective disclosure on March 31. Initially, Samsung C&T Corporation and Samsung SDI were [...]
SEOUL, April 1 (Korea Bizwire) — As Korea is being hit by a multitude of emergency particle pollution warnings, and following earlier outbreaks of foot and mouth disease around the country, antibacterial products such as hand sanitizers and toy sterilizers are selling well among Korean customers. According to an announcement from GMarket on March 31, sales [...]
SEOUL, April 1 (Korea Bizwire) — Paris Baguette, the country’s biggest confectionery chain, said Wednesday it has opened its fifth branch in Manhattan, New York, as part of its attempts to target high-end customers and expand abroad. The 353.1-square-meter branch that functions as a cafe and bakery, located in the posh Upper West Side, is [...]
SEOUL, April 1 (Korea Bizwire) — Berkshire Hathaway, led by U.S. billionaire investor Warren Buffet, has sold its entire stake in POSCO, local media reported Wednesday, raising speculation that the sell-off might have been prompted by concerns over the South Korean steelmaker’s cloudy business outlook. Maeil Business Newspaper and other local media reports showed that [...]