SEOUL, Jan.19 (Korea Bizwire) – ZMI, an affiliate of the Chinese electronics brand Xiaomi, will officially enter the Korean market through the 11st online shopping site. 11st announced that it signed an agreement with ZMI to cooperate in online sales on January 13, and set foot as the official online retail channel for the brand. [...]
SEOUL, Jan.18 (Korea Bizwire) – A new study indicates that adolescents who are addicted to smartphones have more suicidal thoughts. Research on the relationship between smartphone addiction and depression among adolescents has been conducted in the past, but the new study marks the first time that smartphone addiction has been tied to suicidal thoughts. Professor [...]
SEOUL, Jan.18 (Korea Bizwire) – China’s Haier Group, which just inked a deal to take over General Electric’s appliance business, is entering the Korean market with a bang, offering what it calls a ‘half-price TV’. According to industry reports, Haier Korea launched a 32-inch HD LED model through its MOOKA TV brand, an online exclusive, [...]
SEOUL, Jan. 19 (Korea Bizwire) – South Korea’s tourism industry suffered a severe blow from the Middle East Respiratory Syndrome (MERS) outbreak last year, but Japan enjoyed a huge influx of travelers thanks to the cheap yen and easier visas, data showed Tuesday. The number of foreign travelers to South Korea slipped in 2015 for [...]
SEOUL, Jan. 19 (Korea Bizwire) – The South Korean pop culture industry expects to spread the Korean culture wave of “hallyu” in the Middle East with the recent lifting of sanctions on Iran, industry sources said Tuesday. The U.N. nuclear agency on Saturday certified that Iran has met all of its commitments under last summer’s [...]
SEOUL, Jan. 19 (Korea Bizwire) – Uber Technologies Inc. said Tuesday it released a premium cab-hailing service in South Korea as part of efforts to tap deeper into the local market and catch up with its bigger rival Kakao Corp. The service, dubbed Uber BLACK, allows users to book premium taxis through a smartphone application. [...]
SEOUL, Jan. 19 (Korea Bizwire) – Samsung Electronics Co. said Tuesday it has started the mass production of new dynamic random access memory (DRAM) chips, targeting the high performance computing segment that covers super computers and big-data cloud services. The new product, dubbed the second generation of 4-gigabyte (GB) high bandwidth memory DRAM, or HBM2 [...]
SEOUL, Jan. 19 (Korea Bizwire) – Taiwan’s President-elect Tsai Ing-wen voiced optimism Tuesday about future relations with South Korea, saying the two sides now have one more thing in common: first-ever female leaders. It’s historically meaningful that both countries, which already share democratic values and development experiences, have embraced female presidents, she said. Tsai, an [...]
SEJONG, Jan. 19 (Korea Bizwire) - South Korea will start another round of nationwide discount events later this month in a bid to boost domestic consumption around the Lunar New Year’s holiday, the finance ministry said Tuesday. The so-called Korea Grand Sale will begin on Jan. 25 and run through Feb. 7 across the nation before [...]
SEJONG, Jan.18 (Korea Bizwire) – With oil prices reaching all-time lows, the daily habits of Koreans are changing. The number of people traveling abroad or buying large vehicles such as SUVs is increasing. People are also choosing to drive to work instead of taking public transportation. The number of people enjoying overseas travel is increasing. [...]