SEOUL, March 7 (Korea Bizwire) – Samsung Electronics Co. continued to sit on the throne of the world’s NAND flash market in the fourth quarter of 2015, data showed Sunday, expanding the gap with other smaller rivals around the globe. The South Korean tech giant accounted for 33.6 percent of the market in the October-December period, [...]
SEOUL, March 7 (Korea Bizwire) – The number of users subscribing to Internet-of-Things (IoT) services grew at a faster pace than those subscribing to smartphones in South Korea on-month in January, data showed Sunday, on the back of the rising sales of wearable smart devices. According to data compiled by the Ministry of Science, ICT and [...]
DAEGU, March 6 (Korea Bizwire) – Recent data suggests that violent crimes related to gambling are on the rise. Gambling addiction is become an increasingly important social issue, as casinos and sports or internet gambling are becoming popular regardless of age. Experts point out that while gambling addiction itself should be treated, measures must also [...]
SEJONG, March 3 (Korea Bizwire) – Data shows that one out of two artists in Korea has another job, because it is difficult to earn a living only through their craft, while 20 percent receive financial support from the government or other public organizations. According to a survey conducted with the participation of 5,800 artists [...]
SEOUL, March 3 (Korea Bizwire) – Law enforcement agencies are being criticized for focusing more on publicity and performance records rather than investigating and fighting crime. Even the police themselves acknowledge that taking pictures to upload on their SNS accounts during urgent missions has become an issue, and sometimes the contents are exaggerated in the [...]
SEOUL, March 3 (Korea Bizwire) – While the retail sector in general is going through tough times amid the economic slowdown, convenience stores and online shopping websites — especially those dedicated to mobile users — are weathering the storm, with consistent double digit growth rates. Not surprisingly, there is a secret to their ability to outperform [...]
SEOUL, March 3 (Korea Bizwire) – Science has finally explained why people overeat when they are sleep deprived. The online Washington Post and Medical Express reported that professor Erin Hanron at the medical college of the University of Chicago figured out that a lack of sleep increases 2-arachidonoyl glycerol (2-AG), which is a chemical substance [...]
SEOUL, March 3 (Korea Bizwire) – Data shows that the top 100 Korean companies in terms of market capitalization have undergone a rapid change in business sectors over the past 10 years. The rankings reflect a shift from industrial businesses such as construction and shipbuilding to ‘non-smokestack’ industries such as service and distribution. On the [...]
SEOUL, March 3 (Korea Bizwire) – New life is being breathed into hanok, traditional Korean houses. As the Seoul Metropolitan Government finally allowed Shilla Hotel to build a ‘Traditional Korean Hanok Hotel’, a large-scale hanok hotel will be built in the city for the first time. Hanok hotels are currently operational in other cities such [...]
ULSAN, March 3 (Korea Bizwire) – A bottlenose dolphin that was rescued from Bangeojin harbor fully recovered and was returned to sea after 26 days. A very sweet and special goodbye took place at the site. Returning a wild dolphin back to sea required delicate preparation and much effort was put into the task, almost [...]