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South Korean Economy Buckles Up for More Chinese Retaliation Over Additional THAAD Deployment

South Korean Economy Buckles Up for More Chinese Retaliation Over Additional THAAD Deployment

SEOUL, Sept. 7 (Korea Bizwire) — With the government keeping a wary eye on China’s next move amid the deployment of an additional THAAD missile defense battery, South Korean companies are bracing for further retaliation from the Chinese government. Earlier Thursday, the South Korean defense ministry announced the deployment of an additional four launchers for [...]

International Mystery Shoppers to Inspect Restaurants Ahead of 2018 Winter Olympics

International Mystery Shoppers to Inspect Restaurants Ahead of 2018 Winter Olympics

SEOUL, Sept. 7 (Korea Bizwire) — South Korean tourism authorities have launched a special team of mystery shoppers consisting of both South Koreans and foreign nationals in a bid to improve food and service quality ahead of the PyeongChang 2018 Olympic Winter Games. The Korea Tourism Organization announced its decision to deploy mystery shoppers to [...]

McDonald’s Korea CEO Apologizes 2 Months After Burger Scandal

McDonald’s Korea CEO Apologizes 2 Months After Burger Scandal

SEOUL, Sept. 7 (Korea Bizwire) — The CEO of the South Korean unit of McDonald’s has finally apologized after growing criticism over the company’s undercooked patty controversy that reportedly left a number of children seriously ill. As the negative impact of s0 called ‘Hamburger Illness’, a term widely used in South Korea to refer to [...]

Samsung Retains No. 1 Smartphone Maker Title as Huawei’s Makes Headway

Samsung Retains No. 1 Smartphone Maker Title as Huawei’s Makes Headway

SEOUL, Sept. 7 (Korea Bizwire) – Samsung Electronics Co. maintained its top global smartphone maker title in June and July, data showed Thursday, with China-based Huawei Technologies Inc. rising to No. 2 for the first time ever on a monthly basis. According to the data compiled by Counterpoint Research, Samsung Electronics accounted for more than [...]

Government to Double Numbers of ‘Street Counselors’ for Juvenile Offenders

Government to Double Numbers of ‘Street Counselors’ for Juvenile Offenders

SEOUL, Sept. 7 (Korea Bizwire) – The government plans to increase the number of counselors for juvenile delinquents, a Cabinet minister said Thursday, amid a series of high-profile student bullying cases having gripped the country as of late. “There are talks on the need to strengthen punishments, but the focus of the gender equality and [...]

SK to Launch IBM Watson-Based Service Development Platform ‘Aibril’

SK to Launch IBM Watson-Based Service Development Platform ‘Aibril’

SEOUL, Sept. 7 (Korea Bizwire) —SK C&C has announced plans for an official release of ‘Aibril’, an artificial intelligence assistant service development platform based on IBM’s Watson. During a press conference held on Wednesday in Seoul, the South Korean IT company revealed plans to officially launch the software development system alongside a number of application [...]

Cosmetics Consumers Prefer to Buy New Items Offline, and Bestsellers Online

Cosmetics Consumers Prefer to Buy New Items Offline, and Bestsellers Online

SEOUL, Sept. 7 (Korea Bizwire) — South Korean consumers prefer to buy new cosmetics products at offline stores, while bestselling products are most often sold online, a new market report has revealed. According to a Wednesday statement by CJ OliveNetworks, which runs the country’s major cosmetics store chain Olive Young, new products within three months [...]