SEOUL, Jan. 21 (Korea Bizwire) – South Korea officially kicked off its multi billion-dollar project Thursday to produce homemade fighter jets over the next decade. Under the Korean Fighter Experimental (KF-X) project by the Defense Acquisition Program Administration, contractor airplane maker Korea Aerospace Industries Ltd. (KAI) will come up with six units of a homegrown [...]
SEOUL, Jan. 21 (Korea Bizwire) – The South Korean cable drama “Cheese in the Trap” has topped a Chinese chart, the show’s PR agency said Thursday. Ytree Company said the tvN drama reached No. 1 on the Weibo Drama Popularity Chart on Monday, when its fifth episode aired. The show also reached No. 3 on [...]
SEOUL, Jan. 21 (Korea Bizwire) – With the start of his mandatory military service around the corner, actor-singer Lee Seung-gi has released a song about the very subject. His agency, Hook Entertainment, said Lee will enter the Army on Feb. 1, and put out the single “I Am Joining the Military” at noon Thursday. Through [...]
SEOUL, Jan. 21 (Korea Bizwire) – The Seoul city government has rejected Hotel Shilla’s plan to build a traditional accommodation in central Seoul for the third time, officials said Thursday. The Seoul Metropolitan Government decided Wednesday to put on hold the plan to erect a hotel built in the style of a traditional Korean house [...]
SEOUL, Jan.21 (Korea Bizwire) – User-created content uploaded to Facebook, YouTube and blogs will be increasingly featured on Naver’s search engine. Naver announced that it will apply a web collection method to gather information and provide the data in search results. Prior to the new service, users had to apply themselves to add their content [...]
SEOUL, Jan.21 (Korea Bizwire) – To celebrate the year of tourism in Korea, visa fees for Chinese tour groups will be waived for a one year period. In addition, starting from the latter half of this year, tourism will be linked to Hallyu content, and a ‘Hallyu Visa’ for Chinese tourists on short trips will [...]
SEOUL, Jan.21 (Korea Bizwire) – Personal transportation means such as Segways, drones, and smart devices were increasingly launched in the domestic market last year. An analysis of the suitability status evaluation of broadcasting communication equipment was conducted by the Ministry of Science, ICT and Future Planning. Suitability status evaluation is a policy to test and [...]
DAEGU, Jan.21 (Korea Bizwire) – New technology that will allow for pregnancy tests to be completed on smartphones is expected to be commercialized during the latter part of the year. The Daeju Gyeongbuk Medical Innovation Foundation (DGMIF) signed an agreement with Jongno Medical Appliances to transfer the technology as a means to commercialize mobile health [...]
SEOUL, Jan. 21 (Korea Bizwire) – CJ O Shopping Co., a home shopping unit of CJ Group, said Thursday it will launch a new channel in Malaysia in a joint venture with Media Prima TV Networks, a major Malaysian media group. CJ O Shopping plans to start airing the new shopping channel in the first [...]
SEOUL, Jan. 21 (Korea Bizwire) – The global market for Ultra HD (UHD) TVs is set to lead the global TV industry throughout 2016, data showed Thursday, beating its full HD rivals in market share for the first time. According to the data compiled by industry tracker IHS, UHD TVs are expected to take up [...]