SEOUL, Oct. 24 (Korea Bizwire) – Nongshim’s Shin-Ramyun and the mega-hit drama “My Love from the Star” were among the masterpieces of Korea selected by the Chinese. The Korea Marketing Association (KMA) announced on October 23 that the list of 42 Korean masterpiece products “mostly loved by the Chinese.” KMA conducted an online survey with 10,768 [...]
SEOUL, Oct. 24 (Korea Bizwire) – YG Entertainment, one of Korea’s top three talent agencies, is expanding its business portfolio into cosmetics just after a month of its launch of a fashion brand. On October 22, YG Entertainment opened its flagship store of cosmetics brand “Moonshot” in Samcheong-dong in northern Seoul, which is famous for numerous [...]
BOISE, Idaho, Oct. 23 (Korea Bizwire) — Micron Technology, Inc. (Nasdaq:MU) received notice of an unsolicited mini-tender offer by TRC Capital Corporation (“TRC Capital”) to purchase up to 4,000,000 shares of Micron’s common stock, at a price of $27.00 per share. This offering price is approximately 4.59% below the closing price per share of Micron [...]
SEOUL, Oct. 24 (Korea Bizwire) — LG Electronics (LG) announced today that its newest Android wearable, LG G Watch R, will be available for purchase at retail sites throughout Europe including countries such as France, Italy, Spain and the UK in the beginning of November, followed by key markets in North America, Asia and the [...]
SAN DIEGO, Oct. 22 (Korea Bizwire) — It hardly can be a better timing for this invention – a risk of the Ebola epidemic and need for screening people to detect fever demands instant availability of non-contact medical thermometers. Fraden Corporation of San Diego (www.fraden.com) announces that it was granted a second U.S. patent for [...]
SEOUL, Oct. 23 (Korea Bizwire) – As the issue of anti-money laundering (AML) is getting more critical all over the world, the Financial Supervisory Service (FSS) ordered the Korean branches of four international banks that do not have any adequate internal system to closely monitor money laundering activities, with relevant regulations set up and consolidated. Of the [...]
SEOUL, Oct. 23 (Korea Bizwire) – The Korean government has been collaborating closely with the Nicaraguan counterpart in the ICT field such as the national information society development and the installation of optical networks. Korea also seeks to partake in building massive national infrastructures in the Central American country. It is reported that Minister Choi [...]
SEOUL, Oct. 23 (Korea Bizwire) – A smart window technology was jointly developed by Korean and British scientists enabling automatic sunshine control and generating electricity at the same time. The Korea Institute of Science and Technology (KIST) announced on October 22 that its Center for Opto-Electronic Convergence led by lead scientist Ko Doo-hyun succeeded in developing [...]
SEOUL, Oct. 23 (Korea Bizwire) – According to industry statistics, Koreans drank 24.2 billion cups of coffee last year, approximately 484 cups of coffee a year and 1.3 cups per person. As more Koreans enjoy drinking coffee, it is expected to set a record this year in terms of the amount of coffee imports. A [...]
SEOUL, Oct. 22 (Korea Bizwire) – From now on, ordinary people can get private financial “advice” via the Internet like private banking service that people with a large amount of assets use. Common people will get the financial consulting service from the Financial Supervisory Service (FSS) by typing in their basic financial data like monthly income, [...]