SEOUL, Korea, April 21, 2014 (Korea Bizwire) – A ripple effect caused by Samsung Electronics’ pricing policy shift on its recently launched Galaxy S5 model and the business suspension on the local wireless carriers have seen unexpected situations in the local market. The domestic telcom industry set to stage a kind of discount campaigns for their smartphones available in the [...]
SEOUL, Korea, April 21, 2014 (Korea Bizwire) – Ever since a top conglomerate in Korea decided to let advertising agencies outside their league of affiliates bid for their projects, it has been pitching and tossing in the ad world. The agencies affiliated with the big fishes have submerged while independent ad firms and foreign agencies [...]
WASHINGTON, April 19, 2014 (Korea Bizwire) – Venture capitalists invested $9.5 billion in 951 deals in the first quarter of 2014, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters. Quarterly venture capital (VC) investment activity rose 12 percent in terms of [...]
MILAN, April 19, 2014 (Korea Bizwire) – Cloudproject Generation S.r.l., an Italian R&D company in embedded and user interaction technology, has signed an international agreement with one of the most famous Italian brands in the world, Elam Kitchen of the Tisettanta Group, as exclusive supplier of technology for the development of smart furnishing complements and customised [...]
SEOUL, Korea, April 19, 2014 (Korea Bizwire) – Office buildings are becoming more and more hollowed out. In the premium-grade skyscrapers in Seoul, it is rather easy to find empty offices these days. The vacancy rate in buildings in the Yoido district – Seoul’s main business and investment banking area dubbed as “Wall Street of Korea” [...]
SEOUL, Korea, April 18, 2014 (Korea Bizwire) – In Korea, a bed is not just furniture. “It is science.” With the ad copy stressing its scientific design for good sleep, Ace Bed, a furniture manufacturer, grabbed the No. 1 bed manufacturer title in one fell swoop. Until now, the bed market in Korea has been [...]
WASHINGTON, April 18, 2014 (Korea Bizwire) – During this year’s “Be Kind to Animals Week®” (May 4-10), American Humane Association, the organization that helped found America’s original “Compassion Movement” in the 1870s is putting out an urgent plea to reach and enlist one million new advocates to help billions of animals facing the daunting challenges of [...]
SEOUL, Korea, April 18, 2014 (Korea Bizwire) – Once touted as a blue ocean in the beverage market, the energy drink industry has been dragged down as apparently unfavorable opinion of those products mounted, with consumers pinpointing their high volume of caffeine, among other things. Just one or two years ago, its sales skyrocketed largely driven by huge popularity among the [...]
SEOUL, Korea, April 18, 2014 (Korea Bizwire) – SK Telecom announced on April 17 that they have developed a smartphone-based digital image management service which will allow videos to be transmitted digitally to counselors, who will help the visually-impaired by telecommunications with the live video footages. The image management service will be comprised of wearable [...]
CINCINNATI, April 18, 2014 (Korea Bizwire) – Cincinnati’s first responders soon will have access to the most advanced technology to bring lifesaving telemetry to victims of accidents and mass-casualty events across the city thanks to a gift from Western & Southern Financial Group. With a grant to the Cincinnati Fire Foundation, Western & Southern is bringing [...]