In the key baby boomer segment, ages 55 to 64, retail registrations of the Ford Escape are up 81 percent since 2009 – higher than overall industry growth Small utility vehicles are most popular with buyers in this age group; more than 46 percent of premium Ford Escape Titanium buyers are 56 or older, indicating [...]
RIDGEFIELD PARK, N.J., Mar 19, 2014 (Korea Bizwire) – Samsung Electronics America, Inc. announced today the launch of the NX mini, the world’s slimmest and lightest interchangeable-lens camera. The portable and stylish design of the SMART Camera NX mini, along with its stunning image quality makes it the “go-to” device for great photography, allowing users [...]
MILAN & SEOUL, March 18, 2014 (Korea Bizwire) – LG Electronics (LG) will exhibit a full range of heating, ventilation, air conditioning (HVAC) and energy solutions at Mostra Convegno Expocomfort (MCE) 2014. Taking place at the Fiera Milano SpA in Milan, Italy from March 18-21, the exhibition will give visitors the opportunity to see the very [...]
SEOUL, Korea, Mar 16, 2014 (Korea Bizwire) – A new pension scheme called a “donation pension plan” will be introduced from next year at the earliest. The scheme, also known as the Kim Jang-hoon plan named after a Korean rock-ballad singer who is famous for giving in excess of 10 billion won for the past [...]
SEOUL, Korea, Mar 16, 2014 (Korea Bizwire) – A documentary film “The Empire of Shame,” featuring the travail of Samsung Electronics chip plant workers suffering from occupational hazards, has been released on the seventh anniversary of Hwang Yu-mi’s death on March 6, 2007. This is an embarrassing run of events for the world’s biggest chip [...]
TOKYO, March 14, 2014 (Korea Bizwire) – Toshiba Corporation (http://goo.gl/p8j1Ek) (TOKYO:6502) today announced that it has brought a civil suit against Korea’s SK Hynix Inc. at the Tokyo District Court, under Japan’s Unfair Competition Prevention Act. The suit seeks damages for the wrongful acquisition and use of Toshiba’s proprietary technical information related to NAND flash [...]
SEOUL, Korea, March 14, 2014 (Korea Bizwire) – Samsung Electronics Co., Ltd, convened its 45th Annual General Meeting of Shareholders on March 14 at its headquarter in Seocho-dong, Seoul. The meeting was attended by shareholders and institutional investors. Agenda items included approval for the Consolidated Statements of Financial Position, Income, and Cash Flow. Dividends for [...]
SEOUL, Korea, Mar 13, 2014 (Korea Bizwire) – In a depressed economy, the art world can’t be free from slow business. Most artists complain it’s getting hard to make a living on proceeds from paintings alone. But there is one segment that’s prospering despite all that. That’s the so-called entertainer-artists who hold exhibits in top-class [...]
SEOUL, Korea, Mar 13, 2014 (Korea Bizwire) – A quiet-but-fundamental change is under way in the credit card industry. The check card, also known as the debit card, is fast replacing the credit card as the main means of payment after 14 years since LG Card began issuing the card in 2000 for the first [...]
SEOUL, Korea, Mar 9, 2014 (Korea Bizwire) – The government-appointed National Commission for Corporate Partnership designated in November 2011 a total of 82 business areas for small business protection, meaning that entrance of large corporations into these sectors would be subject to regulation. When the commission decided on these matters, it included tofu making as [...]