SEOUL, Jun. 19 (Korea Bizwire) — A new report says nearly 60 percent of South Koreans discover new music while watching TV. According to a 2016 white paper on the music industry released by the Korea Creative Content Agency, when asked what type of music they enjoyed listening to (multiple responses permitted), 58.5 percent of [...]
SEOUL, June 19 (Korea Bizwire) – Samsung Electronics Co. started official sales of its latest TV model that resembles a piece of artwork hung on a wall in South Korea, showcasing its newest innovation in the company’s home market. “The Frame,” which won an innovation award at the Consumer Electronics Show in Las Vegas earlier [...]
SEOUL, June 19 (Korea Bizwire) – South Korea’s mobile carriers are keeping a watchful eye on possible moves by the government to cut subscription costs for telecom services that will impact their earnings, industry watchers said Sunday. The Ministry of Science, ICT, and Future Planning will hold a session with the State Affairs Planning Advisory [...]
SEOUL, June 19 (Korea Bizwire) – Samsung Electronics Co., the country’s top market cap, is still undervalued and has further room to rise down the road given its strong earnings, analysts said Sunday. But some fund managers remained cautious, projecting its earnings cycle may take a turn for the worse. Samsung, the world’s largest manufacturer [...]
SEOUL, June 17 (Korea Bizwire) – Amid high youth unemployment rates, a rapidly aging population, and low birth rates, what will become of South Korea’s funds for health and pension is rapidly emerging as one of the most pressing social issues facing the country. When a government report came out in March revealing that the [...]
SEOUL, June 16 (Korea Bizwire) – Dieters have turned out to be one of the secrets behind the success of ‘meokbang’, a unique internet culture originating in South Korea where people stream themselves binge eating for viewers. According to a research team at Ewha Womans University, many of those who are on a diet in [...]
SEOUL, June 16 (Korea Bizwire) – South Korean automobile manufacturers Hyundai and Kia have revealed a new automatic control technology which will be used to look over manufacturing processes at their factories around the world in real time. The car makers, which have operated as sister companies since Hyundai purchased 51 percent of Kia’s shares [...]
SEOUL, June 16 (Yonhap) – G-Dragon, member of popular K-pop band BIGBANG, on Friday became mired in controversy over reports that red paint on his new album’s packaging washed off easily. A number of fans who bought the album have complained that the red paint over the USB rubbed off easily, with some fans posting [...]
SEOUL, June 16 (Korea Bizwire) – Amid growing numbers of single households in South Korea, small-sized studio apartments are proving particularly popular, accounting for nearly 60 percent of all studio apartments in Seoul and the surrounding areas sold in the market this year. From January to May of this year, the number of studio apartments [...]
SEOUL, June 16 (Korea Bizwire) – South Korean researchers have developed a high-accuracy rain sensor capable of informing drivers of alternative routes in case of heavy rain, a development that is expected to ease traffic congestion. According to the Korea Meteorological Administration (KMA), the South Korean joint research team of Kangwon National University and light [...]