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Korean Scientists Develop New Solar Cell Platform with Higher Energy Efficiency

Korean Scientists Develop New Solar Cell Platform with Higher Energy Efficiency

SEOUL, Nov. 25 (Korea Bizwire) – The energy efficiency of solar cells is expected to rise thanks to a newly established tandem solar cell platform developed by Korean scientists, which overcomes the limitations of its theoretical maximum efficiency. The Korea Institute of Science and Technology (KIST) announced on November 24 that its Photo-electronic Hybrids Research Center, led [...]

SBS Drama “Pinocchio” Sells Distribution Rights to Youku Tudou for Record Amount

SBS Drama “Pinocchio” Sells Distribution Rights to Youku Tudou for Record Amount

SEOUL, Nov. 25 (Korea Bizwire) – The SBS drama “Pinocchio” received a green light for  overseas distribution by selling its distribution rights to China for a record amount. A spokesperson announced on November 24 that the drama sold its distribution rights to China’s largest video portal site, Youku Tudou, for US$280,000 per episode. SEE ALSO: [...]

Patent Applications Surge for Emotion Sensing Mobile Devices

Patent Applications Surge for Emotion Sensing Mobile Devices

SEOUL, Nov. 25 (Korea Bizwire) – When you’re depressed, your smartphone detects your feelings and emotions, and plays rhythmic music to help change your mood. This might sound a little bit strange or futuristic, but research in emotion sensing technology is increasing rapidly. According to the Korean Intellectual Property Office (KIPO), the number of patent [...]

Seoul’s Myeongdong is 8th Most Expensive Shopping District in the World

Seoul’s Myeongdong is 8th Most Expensive Shopping District in the World

SEOUL, Nov. 24 (Korea Bizwire) – Rents for retail locations in Myeongdong, a trendy shopping area in Seoul, are the eighth most expensive in the world, according to a recent survey. As more Chinese tourists visit the shopping district, real estate costs have risen sharply. According to the “Main Streets across the World” survey released [...]

Infiniti Rolls Out “New QX80” in Korea

Infiniti Rolls Out “New QX80” in Korea

SEOUL, Nov. 24 (Korea Bizwire) – Infiniti started selling its flagship SUV model “New QX80″ in Korea from November 21. The Infiniti QX80 is the luxury large-size SUV model embedded with state-of-the-art convenience and safety specs. It boasts the length of 530.5 centimeters and width of 203.0 centimeters. The new model comes with a 5.6-liter V8 [...]

Small Angel Investors to Get 100% Tax Deduction under a New Law

Small Angel Investors to Get 100% Tax Deduction under a New Law

SEOUL, Nov. 24 (Korea Bizwire) — The government will increase the tax exemption privileges to angel investment, the investment made by groups of individual investors to start-up firms. The subcommittee on taxation under the strategy & finance committee, National Assembly, was reported on November 21 to have approved the tax privilege restriction law that includes [...]

Hanhwa B&B Certified as First “Job-creating” Social Enterprise among Korean Conglomerates

Hanhwa B&B Certified as First “Job-creating” Social Enterprise among Korean Conglomerates

SEOUL, Nov. 21 (Korea Bizwire) – Hanhwa B&B, the food and beverage arm of Hanhwa Group, received a social enterprise certification from the Ministry of Labor thanks to its  efforts to create jobs for the economically disadvantaged. On November 20, the business group announced that its delicacy affiliate was the first Korean conglomerate to earn [...]