SEOUL, July 7 (Korea Bizwire) — Refrigerated shelves at convenience stores are often set to excessively low temperatures, leading to significant energy waste, a consumer advocacy group said Thursday. The Korea Consumer Agency examined the temperature settings of refrigerated display stands in 60 convenience stores nationwide. Among these, 56 stores had set their temperatures below [...]
GANGNEUNG, July 7 (Korea Bizwire) — Anmok Beach, located off the city of Gangneung in Gangwon Province, is now ready to welcome visitors and their pets as preparations for the grand opening have concluded. The municipality has designated a 100-meter coastal strip on the northern side of the beach, where Gangneung Port and Coffee Street [...]
SEOUL, July 7 (Korea Bizwire) — A new species of spider, which is believed to have lost its eyes over time as a result of adapting to life in a dark cave, has been discovered in South Korea. The National Institute of Biological Resources said Thursday it had found this eyeless spider, known as a [...]
DONGHAE, July 7 (Korea Bizwire) — The east coast city of Donghae in Gangwon Province announced that it will host a trail running competition on Saturday at Mangsang Beach. The 2023 Donghae Skyrace is a part of the Golden Trail National Series, which is organizing a series of three races in South Korea for the [...]
SEOUL, July 7 (Korea Bizwire) — LG Electronics Inc. said Friday its operating profit for the April-June period likely rose nearly 13 percent from a year earlier on strong performance of premium consumer products and electric vehicle (EV) parts business. The South Korean tech company estimated its second-quarter operating profit at 892.7 billion won (US$684.2 [...]
SEOUL, July 7 (Korea Bizwire) — Samsung Electronics Co. on Friday said its second-quarter operating profit likely plunged about 96 percent from a year earlier, as a chip oversupply and slow demand persisted. The world’s largest memory chip and smartphone maker estimated its April-June profit at 600 billion won (US$461.2 million), significantly down from the [...]
SEOUL, July 7 (Korea Bizwire) — KG Mobility, formerly SsangYong Motor Co., said Friday it will transform Edison Motors Co. into an environment-friendly commercial carmaker after it became the final bidder for the debt-laden electric bus maker. KG Mobility plans to expand Edison Motors’ large electric bus-focused lineup to include small and medium-sized buses and [...]
SEOUL, July 7 (Korea Bizwire) — K-pop girl group NewJeans on Friday released “New Jeans,” a song to be included in its forthcoming second EP. The song has a unique composition alternating between UK garage rhythm and Jersey club rhythm with smart lyrics and utilizes the team’s name. “Super Shy,” another prerelease song unveiled together [...]
SEOUL, July 7 (Korea Bizwire) — South Korean shipbuilders stayed far behind their Chinese rivals in new global orders to place second worldwide in June, industry data showed Friday. Local shipyards clinched a combined 380,000 compensated gross tons (CGTs) in new orders last month, accounting for 14 percent of the global total at 2.76 million [...]
SEOUL, July 7 (Korea Bizwire) — The Korea Tourism Organization (KTO) on Friday unveiled 49 travel products comprising K-pop and K-drama-related attractions. The products center on 51 hallyu-themed tourism courses, the KTO said, referring to the Korean wave of pop culture. The products include a five-day program visiting places related to K-pop juggernaut BTS and [...]