SEOUL, Sept. 13 (Korea Bizwire) – Since reports emerged that Apple hadn’t sent South Korean journalists invitations to the company’s latest Apple Event, which was held today at the new Steve Jobs Theater, speculation has been circulating that the country’s anti-graft law might have scared off the American consumer electronics giant. It has been widely [...]
SEOUL, Sept. 13 (Korea Bizwire) – Prosecutors investigating accounting fraud allegations at South Korea’s sole aircraft manufacturer related to a helicopter project are broadening inquiries into new suspicions that the company may also have cooked the books in connection with a mammoth state project to build fighter jets locally, prosecution officials said Wednesday. The Seoul [...]
INCHEON, Sept. 13 (Korea Bizwire) – Two-time PGA Tour winner Bae Sang-moon said Wednesday he is curious about how he will perform after a two-year hiatus from golf. Bae was discharged last month after completing his 21-month mandatory military service. The 31-year-old will make his return to competitive golf at the Shinhan Donghae Open on [...]
SEOUL, Sept. 13 (Korea Bizwire) – A district court in Suwon has ruled that there was no legal basis for the Yongin Municipal Government to reject the establishment of an animal home in the city, a decision set to pave the way for the future construction of animal facilities in South Korea. The Suwon District [...]
SEOUL, Sept. 13 (Korea Bizwire) – The average salary of workers at conglomerates in South Korea is over three times higher than those working at a small-sized companies, a new study has claimed. Findings from a study on wage gaps between companies conducted by researcher Roh Min-sun at the Korea Small Business Institute show the [...]
SEOUL, Sept. 13 (Korea Bizwire) – South Korea’s dependency on the information and communication technology (ICT) industry for its output is nearly twice the average for major industrialized economies, a report said Wednesday. South Korea’s ICT sector accounts for 10.7 percent of the country’s gross value added, or the value of goods and services produced [...]
SEOUL, Sept. 13 (Korea Bizwire) – The U.S. tech giant Apple Inc.’s highly anticipated iPhone X is likely to be launched in South Korea in December to take on its archrival Samsung Electronics Co.’s smartphones — the Galaxy S8 series and the Galaxy Note 8 — industry sources said Wednesday. On Tuesday (local time), Apple [...]
SEOUL, Sept. 13 (Korea Bizwire) – A new survey has revealed non-Korean nationals who learn taekwondo are more likely to hold a favorable view of Korea than before. Findings from the new survey conducted by World Taekwondo Peace Corps with a sample of 1,750 current trainees say that 11.7 percent more respondents said they like [...]
NEW DELHI, Sept. 13 (Korea Bizwire) – Samsung released the Galaxy Note 8 in India on Tuesday, with the tech giant’s latest flagship model expected to take the country’s premium smartphone market by storm. Speaking to the press at a launch event yesterday, HC Hong, the CEO of Samsung Electronics Southwest Asia, said, “I appreciate [...]
SEOUL, Sept. 13 (Korea Bizwire) – Facing the challenge of a declining birth rate, the lack of support for breastfeeding in South Korea has emerged as a pressing issue, as mothers and health authorities urge the country as a whole to do more to create a nursing-friendly environment. The medical perks of breastfeeding have been [...]