SEOUL, Aug 24 (Korea Bizwire) – When customers purchase premium smartphones, mobile carriers often offer practical items such as wireless chargers or transparent protection cases worth more than 50,000 won as promotional gifts. When Samsung Electronics rolled out its flagship Galaxy Note 5 model in Korea, SK Telecom, the largest mobile carrier in Korea in terms [...]
SEOUL, Aug. 24 (Korea Bizwire) – Among the members of the OECD, the lifespan of Korean men is shorter compared to Korean women, as well as men of other countries. The main factors that contributed to lower life expectancies for Korean men were the high smoking rate and stress levels. It is a well known fact [...]
SEOUL, Aug. 24 (Korea Bizwire) – Tempur Korea has commented that their rapid success in Korea is due to the high number of locals longing for a good night’s sleep. Ju Jong-gyu, the head of Tempur Korea, explained the new interest Koreans have on quality sleep. “Usually, people have a tendency to seek good quality sleep [...]
DAEJEON, Aug. 24 (Korea Bizwire) – Recreational vehicles, known as ‘camping cars’ in Korea, are gaining popularity during the vacation season as they offer the practical combination of a means of transportation, accommodation and cooking/dining space. As a result, patent applications related to camping are increasing rapidly. Most of the applications are related to the [...]
SEOUL, Aug. 24 (Korea Bizwire) - Trade procedures among the 10 countries forming ASEAN will be simplified, and import regulations will be loosened. The 10 ASEAN countries have signed an agreement that will increase the convenience of companies focused on the export market, with new regulations expected to simplify the trading procedures and remove or reduce [...]
SEOUL, Aug. 24 (Korea Bizwire) — Fears of a slowdown in the Chinese economy sent shockwaves across global financial markets on Monday, leaving South Korean exporters jittery over their future performance as they rely heavily on the world’s second-largest economy, experts said. China’s Shanghai Composite Index tumbled 8.49 percent on Monday as investors dumped shares [...]
SEOUL, Aug. 24 (Korea Bizwire) — The newly released phablets by South Korea’s top tech giant Samsung Electronics are expected to revitalize the company’s ailing handset returns, with more than 75,000 units being sold in the first three days of their debut, industry data showed Sunday. The Galaxy Note 5 and the Galaxy S6 Edge+, the larger edition [...]
SEOUL, Aug. 24 (Korea Bizwire) – Couples in which the woman is older than the man are no longer rare. It has become a very common phenomenon. According to a report titled ‘Lives of Women in Seoul Seen through Statistics’ issued by the Seoul Metropolitan Government, among those in their first marriages, the portion of [...]
SEOUL, Aug. 24 (Korea Bizwire) — A stone was placed in a ceremonial plaza in downtown Seoul on Sunday to commemorate Pope Francis‘ visit to South Korea last year. The floor tile was put at the northern tip of Gwanghwamun Plaza, where the pope led a mass to beatify Korean martyrs a year ago. The [...]
SEOUL, Aug. 24 (Korea Bizwire) – Lotte Confectionery, a unit of South Korea’s fifth-largest conglomerate Lotte Group, has been found guilty of copying a Japanese snack maker’s package design, a court ruling said Sunday. The Seoul Central District Court sided with Japan-based Ezaki Glico, which had lodged the suit against the South Korean confectionery firm to [...]