Korea Bizwire, Author at Be Korea-savvy
Drug Trafficking via International Shipping Surges in S. Korea amid Pandemic

Drug Trafficking via International Shipping Surges in S. Korea amid Pandemic

SEOUL, April 13 (Korea Bizwire) – Drug trafficking using international shipping has sharply increased as overseas travel became nearly impossible and online purchases went up amid the coronavirus pandemic, a local customs office said Tuesday. The Incheon Main Customs said it busted 189 cases of drug smuggling into South Korea in the first quarter of [...]

Samsung, LG Among Top 5 Players in Europe’s Smart Home Market in Q4

Samsung, LG Among Top 5 Players in Europe’s Smart Home Market in Q4

SEOUL, April 13 (Korea Bizwire) — South Korea’s two major electronics firms — Samsung Electronics Co. and LG Electronics Inc. — were among the top five players in the European smart home market in the fourth quarter of last year, a report showed Tuesday, as they push to increase connected devices amid the pandemic-induced stay-at-home [...]

Q1 Auto Exports Up 17 pct on Increased Demand for SUVs, Eco-friendly Cars

Q1 Auto Exports Up 17 pct on Increased Demand for SUVs, Eco-friendly Cars

SEOUL, April 13 (Korea Bizwire) — South Korea’s exports of automobiles shot up nearly 17 percent in the January-March period from a year earlier, data showed Tuesday, on the back of rising demand for premium automobiles, including SUVs and eco-friendly cars. Outbound shipments of automobiles reached 555,430 units in the first quarter, compared with 475,165 [...]

‘Parasite’ Director Bong Joon-ho to Present at Upcoming Oscars

‘Parasite’ Director Bong Joon-ho to Present at Upcoming Oscars

SEOUL, April 13 (Korea Bizwire) — Bong Joon-ho, the Oscar-winning director of South Korean black comedy “Parasite,” will be part of a 15-member “ensemble cast” that will present at the Academy Awards later this month. Bong, who directed the 2019 film that fetched four Oscars, including best picture and best director, will join former winners [...]

Samsung Tipped to Ramp Up U.S. Investment as Biden Vows More Spending: Analysts

Samsung Tipped to Ramp Up U.S. Investment as Biden Vows More Spending: Analysts

SEOUL, April 13 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip producer, is likely to accelerate its investment in the United States as U.S. President Joe Biden urged more spending in the chipmaking sector to resolve the chip shortage and build up a stable supply chain, analysts here said Tuesday. Samsung was [...]

Hyundai Unveils All-new Minivan Staria

Hyundai Unveils All-new Minivan Staria

SEOUL, April 13 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker, on Tuesday unveiled the all-new minivan Staria, two days ahead of its domestic sale. The Staria multipurpose vehicle comes with a 2.2-liter diesel engine or a 3.5-liter liquefied petroleum gas engine, Hyundai said in a statement. The Staria is available either as [...]