SEOUL, Jan. 7 (Korea Bizwire) – Against the backdrop of the hiked cigarette prices, and as the consumption of electronic cigarettes increases, the South Korean government has unsheathed its sword against the battery-powered vaporizers. The Ministry of Health and Welfare held an explanation session on the harmfulness of the e-cigarettes on Jan. 6, and announced that [...]
“The Internet of Things will be a game changer. It is the most important topic for our industry right now and it is something that will revolutionize our lives and unlock infinite possibilities. Samsung is prepared to play a leading role here.” “We need an open ecosystem so that IoT devices work together, and we [...]
SEOUL, Jan. 7 (Korea Bizwire) — South Korea’s two top tech giants Samsung Electronics and LG Electronics said Wednesday they will join an international alliance to foster the Ultra HD (UHD) industry. The companies announced at the Consumer Electronics Show (CES) under way in Las Vegas that they will participate in the UHD Alliance that will have [...]
SEOUL, Jan. 6 (Korea Bizwire) – Shinhan Card expanded its sign language counselling service through PCs and smartphones beginning on January 5. In the past, the service for the hearing-impaired was available at only six branches nationwide, and through exclusive visual communications devices. Hearing-impaired Shinhan Card holders will now be able to receive financial counselling services [...]
“What if medical doctors talk about the yin and yang and five elements, feel the pulses of patients and do acupuncture? How will the patients feel these practices? They will certainly feel that doctors are decorating themselves with Korean medicine. Licensing Korean herb medicine doctors to use medical equipment is like giving a license to [...]
SEOUL, Jan. 5 (Korea Bizwire) — LG Electronics will display seven OLED TV models at CES 2015, a global consumer electronics & technology tradeshow in Las Vegas that starts on January 6. LG will unveil a new 55-inch Ultra OLED TV alongside two models that were launched in August 2014. With the new 55-inch model, [...]
SEOUL, Jan. 5 (Korea Bizwire) — Ssangyong Motor is launching its 2015 SUV lineup of upgraded and improved versions of existing models on January 5. The new lineup features the Rexton W, the Korando Turismo, the Korando Sports and others. The company will also offer an upgraded version of its most popular model, the Korando C. [...]
“I think he has been punished enough. In the situation that SK Group is now fiercely competing with world leaders in cutting-edge industries, if he (SK Group Chairman Chey Tae-won) were released, the group would be transformed drastically. We should give it a chance to transform.” “SK is desperately competing to go ahead over other [...]
SEOUL, Jan. 5 (Korea Bizwire) — Hyundai Motor will launch its 2015 Equus full-size upscale sedan this week in the local market, according to a recent announcement. The automaker said the new model would focus on adding more of the premium features buyers are increasingly interested in, including the implementation of various driver-focused technologies. To realize [...]
SEOUL, Jan. 5 (Korea Bizwire) – The ubiquitous use of ‘plastic’ among consumers will set a milestone in credit card payment volumes this year. According to KB Financial Group, Korean credit card spending is on pace to exceed 700 trillion won (US$634 billion) in 2015, for the first time ever since 1967 when the first [...]