SEOUL, Aug. 14 (Korea Bizwire) — SK Broadband will begin its service of up-scaling full HD video contents into ultra HD images with its proprietary solution offering UHD experience with existing full HD videos for the first time in the industry. Korea’s second-largest broadband Internet service provider in terms of the number of subscribers plans to offer Hollywood [...]
SEOUL, Aug. 14 (Korea Bizwire) — Thanks to Psy‘s “Gangnam Style” and its sprawling trendy places, Gangnam is establishing itself as one of the most popular destinations in Seoul among international tourists. According to Cosmojin, a travel agency catering to foreign tourists, the number of international ‘deep pockets’ or VIP tourists who visited the trendy places [...]
SEOUL, Aug. 14 (Korea Bizwire) — Local governments of Korea are enthusiastically advising their citizens to use a government-developed privacy information protection application amid new provisions beginning to be enforced in an effort to prevent increasing cases of personal information breaches. On August 7, the “Personal Information Protection Act” started to take effect in earnest after a [...]
SEOUL, Aug. 14 (Korea Bizwire) — LG Electronics‘ flagship smartphone model “LG G3” has successfully deployed Qualcomm‘s “IZat,” a location-based indoor positioning technology, for the first time in the world. IZat is a location-based technology that utilizes diverse connection technologies such as differential GPS, Wi-Fi, cloud server and smartphone sensors to locate and position the user outdoors [...]
SEOUL, Aug. 13 (Korea Bizwire) — Amid the sluggish petrochemical market due to low global economic growth and low demand from China, LG Chem plans to overcome the situation with a two-track strategy of reinforcing technology-based business and developing new materials. LG Chem, a leading electric vehicle battery maker, made the two-track business plan to [...]
SEOUL, Aug. 13 (Korea Bizwire) — Hyundai Motor decided to make voluntary compensation amid the controversy for its mileage exaggeration on its Santa Fe mid-size crossover model. On August 12, Hyundai released a statement saying that it will alter the standard mileage of the Santa Fe 2.0-liter Diesel 2WD AT model from 14.4 kilometers per liter to [...]
SEOUL, Aug. 13 (Korea Bizwire) — With Chusok, Korea’s largest holiday, just around the corner, Hansalim, Korea’s biggest consumers’ cooperative association which produces environmentally friendly organic food products, has collaborated with Iconix Entertainment, Korea’s animation planning and marketing specialized company famous for its highly-popular animation project, “Pororo the Little Penguin,” and will launch Chusok Gift packs. [...]
SEOUL, Aug. 13 (Korea Bizwire) — A recent study shows that the retired “baby boomers” are rapidly turning into “pet boomers.” According to a study conducted by Auction, Korea’s online auction and e-commerce company, on the sales of pet products on its website, the sales from buyers who are in the age group of 50s and [...]
SEOUL, Aug. 12 (Korea Bizwire) – A Korea-American singer Ailee became the talk of town with her outstanding singing ability. In a reality program of SBS’s “Law of the City” in which members of the program are striving to survive in the city of New York, Alilee decided to sing in a New York bar with [...]
SEOUL, Aug. 12 (Korea Bizwire) — In order to support technology start-ups and entrepreneurs who plan to build start-ups related to the spatial information industry, the South Korea government plans to tie them with angel investors. The Ministry of Land, Infrastructure and Transport will hold the first “Spatial Information Angel Investment Inducement, Education & Mentoring” event [...]