SEOUL, May 16 (Korea Bizwire) – Facebook is allegedly in a dispute with SK Broadband over its share of data traffic costs, after the South Korean internet provider rebuffed the social networking giant’s request to provide the free use of a cache server, which helps to speed up access to data. After sitting together at the [...]
SEOUL, May 16 (Korea Bizwire) – Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Tuesday it will unveil a new bus fully powered by electricity this month with the aim of getting it on the streets in 2018. As the government plans to sharply increase the number of charging stations across the country [...]
SEOUL, May 16 (Korea Bizwire) – South Korea will come up with recall and examination standards for autonomous vehicles by 2020 so as to allow everyday operations of driverless cars, a government official said Tuesday. At a global conference on autonomous vehicles held in Seoul, Kim Chae-gyu, director general of the Bureau of Motor Vehicles [...]
BUSAN, May 16 (Korea Bizwire) – The Busan Port Authority has announced plans to build an integrated data center in preparation for the fourth industrial revolution, a facility that will make the port of Busan more competitive with the help of logistics data analysis. According to the new proposal revealed yesterday, the new data center [...]
SEOUL, May 16 (Korea Bizwire) – A significantly greater number of people in Seoul now believe it’s up to parents themselves to plan for old age and illness compared to ten years ago, figures published by the Seoul Institute yesterday revealed. According to an infographic highlighting the opinions of Seoul residents on who should be responsible [...]
SEOUL, May 16 (Korea Bizwire) — SK Group has appointed Jerry Wu, a former financial expert in investment banking, as the new CEO of SK China as part of a major shake-up to revamp its business strategy amid Chinese economic sanctions and anti-South Korean sentiment over the deployment of a THAAD missile defense system, the [...]
SEOUL, May 16 (Korea Bizwire) – South Korean convenience store giant CU is continuing its efforts to ramp up employee safety with a newly introduced counter safety barrier that will help protect employees in case of an emergency, including violent crimes. The newly opened Yeoksam-dong branch in Gangnam District is the very first CU store [...]
SEOUL, May 16 (Korea Bizwire) – NCsoft Corp., a South Korean online gamemaker, unveiled the mobile version of its mega-hit “Lineage,” “Lineage M,” on Tuesday, with the official launch date set for next month. “Lineage M” will be officially available on both Android and iOS on June 21, bringing the original “Lineage” title to the [...]
SEOUL, May 15 (Korea Bizwire) – Newly elected president Moon Jae-in has issued an executive order to shut down a number of aged coal-fired power plants in South Korea in a move to curb the fine dust problems that are plaguing the country, only days after he was sworn into office. Moon revealed today his plan [...]
SEOUL, May 15 (Korea Bizwire) – Amid growing pet ownership in South Korea, Shinsegae’s Starfield Hanam is drawing attention over its all-out animal-friendly policy that allows shoppers to enjoy the mall in the company of their pets, making itself the first shopping complex in the country where pets can walk around so long as they are [...]