SEOUL, Feb. 10 (Korea Bizwire) – LG Electronics Inc. on Wednesday released another teaser for its upcoming flagship G5 smartphone, providing a glimpse of the design and features for the first time. The 10-second video showed an outline of the G5 smartphone, with the phrase “Always ON.” The company also wrote the phrase “Never go [...]
SEJONG, Feb.10 (Korea Bizwire) – A recent study has revealed that higher income groups spend eight times more money on education per month compared to lower income groups. Considering that education is often seen as a means to improving social status, some are concerned that the wide disparity in education expenditures is leading to a [...]
SEOUL, Feb. 10 (Korea Bizwire) - Over half of South Korean teenagers see marriage as not mandatory, data showed Wednesday, implying the country’s low birthrate could worsen in the near future. Around 52.6 percent of South Korean teens said being single won’t have a major impact on their lives, with more females agreeing to the belief [...]
SEJONG, Feb. 10 (Korea Bizwire) – South Korea’s automobile exports nosedived at the fastest clip in more than six years in January as fast-falling oil prices dragged down demand from emerging markets, the government said Wednesday. Outbound shipments of vehicles came to 201,967 units last month, down 18.8 percent from 248,613 units tallied a year [...]
SEOUL, Feb. 10 (Korea Bizwire) – Samsung Electronics Co. is expected to reduce its facility investment in the chip business on-year in 2016, data showed Wednesday, while its rivals are estimated to expand their expenditures to catch up to the top player. According to the data compiled by industry tracker TrendForce, Samsung Electronics is estimated [...]
SEOUL, Feb. 9 (Korea Bizwire) – The satellite North Korea launched into space earlier this week has achieved orbit, but whether it is operating normally has not been verified, the Defense Ministry said Tuesday. On Sunday, the North launched a rocket carrying the Kwangmyongsong-4 satellite, but the outside world viewed it as a cover for [...]
SEOUL, Feb. 8 (Korea Bizwire) – The parliamentary committee on foreign affairs unanimously adopted a resolution on Monday, condemning North Korea’s defiant launch of a long-range missile a day earlier. On Sunday, North Korea lifted off what it claimed to be a rocket carrying a satellite in defiance of a series of United Nations’ resolutions [...]
SEOUL, Feb. 8 (Korea Bizwire) – The U.N. Security Council strongly condemned North Korea’s long-range rocket launch Sunday, vowing to “expeditiously adopt a new resolution” with significant measures and calling the launch a “dangerous and serious violation.” “The members of the Security Council strongly condemn this launch,” Venezuelan U.N. Ambassador Rafael Dario Ramirez Carreno, the [...]
SEOUL, Feb. 7 (Korea Bizwire) – China’s foreign ministry expressed “deep concern” on Sunday as Seoul and Washington agreed to begin talks on the deployment of an advanced American missile defense system to South Korea following the North’s long-range rocket launch. Hours after North Korea claimed it had successfully put a satellite into orbit, South [...]
SEOUL, Feb. 7 (Korea Bizwire) – North Korea’s long-range rocket should be viewed as a ballistic missile as the satellite it put into orbit is worthless, lawmakers said Sunday, citing South Korea’s spy agency. The satellite is presumed to weigh 200 kilograms, two times heavier than a satellite launched in 2012, the lawmakers said after [...]