SEOUL, Sept. 18 (Korea Bizwire) — South Korea’s commerce ministry said Friday it has launched a consortium to develop key technologies of next-generation display technologies. The Ministry of Trade, Industry and Energy said the Korea Display Research Consortium (KDRC), established under cooperation with private firms and institutions, will play a key role in adding vitality [...]
SEOUL, Sept. 17 (Korea Bizwire) – As budget smartphones with metal enclosures like SK Telecom’s LUNA and Samsung Electronics’ Galaxy A series gain popularity, LG Electronics is expected to join the market of low-cost smartphones with a metal body. The company posted a photo on its Facebook page hinting that it would introduce a new [...]
SEOUL, Sept. 17 (Korea Bizwire) – It has been revealed that among the 12 cabin crew members who were on board the Asiana Airlines flight that crash-landed at the San Francisco Airport, eight have filed lawsuits for compensation against the airline and the plane’s manufacturer, Boeing. In July 2013, a Boeing 777 jet operated by the South [...]
JEJU, Sept. 17 (Korea Bizwire) – Jeju has set a concrete roadmap to be world’s first electric vehicle (EV)-only island by 2030 with the announcement of a long-term comprehensive plan. The island off the southern tip of the Korean peninsula is seeking to become carbon-free by 2030, and to achieve this vision, it will replace all of [...]
“Talisman is our new model developed by the Renault Samsung Technical Center as a follow-up to the SM5, to meet the requirements of Korean drivers. We hope that the Talisman, which will be marketed in Korea soon, will be a big hit there.” “I think the technical center in Giheung is excellent in terms of [...]
SEOUL, Sept. 17 (Korea Bizwire) – The Korea Ronald McDonald House (CEO Jeffery Jones) has announced that it will host the first ‘Ronald Dog Fashion Show, Walking with us’ at the Dongdaemun Design Plaza on October 2. The recruitment of participants has already started. Various dog-related organizations will be donating their time and services for [...]
SEJONG, Sept.17 (Korea Bizwire) – Research suggests that the younger the children are, the more environmental pollutants such as heavy metals are concentrated in their bodies. A study was conducted by the National Institute of Environmental Research over the past three years (from 2012 to 2014), on 2,397 children and youth aged between three and 18. [...]
“I do believe there exists the lowest limit for the nominal interest rate, but we cannot say the current rate has reached such a limit. Kore may need to further reduce the key rate depending on how the global economic condition develops in the future.” “I only said the key rate has not reached the [...]
GOYANG, Sept. 17 (Korea Bizwire) – A variety of events have been held to celebrate the eve of the ‘DMZ International Documentary Festival’ (DMZ Docs) at Ilsan’s Lake Park. More than 2,000 people, including Goyang citizens, Goyang mayor Choi Sung, and director of the event Jo Jae-hyun attended an event called the ‘DMZdocs Peace Rock [...]
SEOUL, Sept. 17 (Korea Bizwire) – The story of two youngsters in China who attempted to sell their kidneys in order to buy the new iPhone is the hottest thing on Chinese social media these days. The absurd story started when Apple started to accept pre-orders for the new iPhone 6s. Wu, a teenager who [...]