SEOUL, Sept. 15 (Korea Bizwire) — Kia Motors, South Korea’s second-largest carmaker, said Tuesday that it is targeting to sell more than 60,000 units of its revamped Sportage SUV in the country next year. The latest edition of the Sportage equipped with a revamped design and an array of safety features is the fourth generation of [...]
SEJONG, Sept. 15 (Korea Bizwire) — South Koreans rank first among the citizens of the Organization for Economic Cooperation and Development (OECD) member countries in terms of visits to hospitals per year, data showed Tuesday. According to the Health Data 2015 provided by the Ministry of Health and Welfare and the OECD, South Koreans visited the [...]
SEOUL, Sept. 15 (Korea Bizwire) — More than half of the smartphones to be sold around the globe will boast near field communication (NFC), a key technology in mobile payment, in 2016, a report showed Tuesday, casting a cloud over Samsung Electronics Co.’s latest mobile payment tool, Samsung Pay. The portion of NFC-equipped smartphones will reach [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korea’s No. 2 handset maker LG Electronics said Tuesday it will unveil a new smartphone with improved video and camera features next month amid weak sales of its flagship smartphone G lineup. Market rumor had it that LG might roll out a new Nexus smartphone made together with Google, [...]
SEOUL, Sept. 15 (Korea Bizwire) — South Korea’s exports to Vietnam have jumped this year despite a slump in other overseas markets, industry data showed Tuesday, prompting local firms to rush to strengthen business ties with their Southeast Asian counterparts. In the first seven months of the year, exports to Vietnam surged 29.9 percent on-year, emerging [...]
SEOUL, Sept. 14 (Korea Bizwire) – The number of direct overseas purchases has been increasing every year, and for the first time last year, reached 1 trillion won. The trend continues as the number of people directly buying their holiday gifts for Chuseok (Korean Thanksgiving) from overseas websites is increasing. According to Gmarket, an online shopping [...]
SEOUL, Sept. 14 (Korea Bizwire) – Hanwha Group has started a campaign that reserves donations for those in need whenever a Hanwha employee walks one step. The ‘Hanwha Walking for Earth’ event, in which 300 employees and their families walked the Namsan Dulegil, took place on September 12. Employees from 12 Hanwha affiliates and their [...]
CHUNCHEON, Sept. 14 (Korea Bizwire) – Gangwon Province held a Lego exhibit to promote the ‘Smart Toy Business’. The ‘Let’s Play, Lego’ exhibit was held at the Gangwon Creative Economy Innovation Center from September 14 to 16. Many creations made out of Lego, including a statue of King Sejong made by a team from Dankook [...]
SEOUL, Sept. 14 (Korea Bizwire) – The Headquarters of the Marine Corps announced that they will hold a ceremony to celebrate the 65th anniversary of the recapturing of Seoul. The ceremony will be dedicated to honoring those who fought in the war. At the event, which will be hosted together with the Seoul Metropolitan Government, [...]
SEOUL, Sept. 14 (Korea Bizwire) – As more chiefs of financial firms are jumping on the wage cut bandwagon, high-ranking officials in financial circles are contemplating joining the trend. According to industry watchers, executives from three major financial holding companies including KB, Shinhan and Hana decided to cut their own wages. However, other financial firms are waiting [...]