SEOUL, Feb.17 (Korea Bizwire) – Even as the economy is suffering, Koreans seem to be ready to open their wallets for their children. Due to the ‘eight-pocket’ phenomenon, which refers to eight people – parents (2), grandparents (4), uncle and aunt – spending money on one child, products and services related to children are showing [...]
SEOUL, Feb.17 (Korea Bizwire) – Even though we are living in a ‘mobile first’ era, when most of the tasks we used to do on a PC are now easily completed on mobile phones, it turns out that PC usage still outpaces mobile usage in certain areas. Although mobile use is increasing, this doesn’t mean [...]
SEOUL, Feb. 17 (Yonhap) – South Korea’s top portal operator Naver Corp. said Wednesday it released a new photo application through the LINE messenger platform, aiming at meeting users’ growing need to post food photos on their social network accounts. The Foodie app provides 24 filters for food-related photos taken by users. Naver said it [...]
SEOUL, Feb. 17 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it plans to use its prowess in smartphones and close partnerships to build up an ecosystem in the virtual reality (VR) sector. The move comes as Samsung Group’s top executives tested Gear VR devices during their weekly meeting in Seoul, reflecting the conglomerate’s efforts [...]
SEOUL, Feb. 17 (Korea Bizwire) – SK Innovation Co., South Korea’s top refiner, said Wednesday that it has finalized a deal to supply its electric vehicle (EV) battery to Benz’s EV cars starting from 2017, the latest in a series of its EV battery supply deals. SK Innovation, a latecomer to the EV battery business, [...]
SEJONG, Feb. 17 (Korea Bizwire) – South Korea’s jobless rate rose sharply in January from a month earlier due to seasonal factors, a government report showed Wednesday. The jobless rate stood at 3.7 percent last month, up from 3.2 percent in December, but 0.1 percentage point lower than the year before, according to the report [...]
SEOUL, Feb. 17 (Korea Bizwire) – North Korean Foreign Minister Ri Su-yong will attend a U.N. human rights meeting to open in Geneva later this month, an official of the organization said Wednesday. Ri plans to deliver a speech at the 31st session of the U.N. Human Rights Council on March 1, according to the [...]
SEOUL, Feb. 17 (Korea Bizwire) – South Korean girl group Girl’s Day has volunteered at a school in Cambodia to empower impoverished children, its agency said Wednesday. The four-member act recently visited a school in Siem Reap of northwestern Cambodia as an honorary ambassador of Plan Korea, the South Korean branch of the international children’s [...]
SEOUL, Feb. 17 (Korea Bizwire) – Actor Park Hae-jin will meet more than 4,000 of his fans to celebrate his 10th debut anniversary in April, his publicist said Wednesday. Park wants to express thanks to his fans and staff on this occasion, Ytree Company said, adding the event on April 23 will allow both Park [...]
SEOUL, Feb. 17 (Korea Bizwire) – Samsung Electronics Co. on Wednesday introduced a new system chip that utilizes the ground-breaking 14-nanometer technology for better efficiency and could be used in a wider scope of electronic devices including budget smartphones. Samsung Electronics said it plans to begin the mass production of the Exynos 7 Octa 7870, [...]