SEOUL, May 8 (Korea Bizwire) – OCON Inc., the animation studio that created the computer-animated TV series “Pororo the Little Penguin,” plans to launch an initial public offering (IPO) next year, company officials said Monday. First aired in 2005, Pororo is one of the most popular cartoon characters for children in South Korea. OCON holds [...]
SEOUL, May 8 (Korea Bizwire) – South Korea successfully launched its fourth telecommunications satellite Friday that will provide enhanced broadcasting and communications services, the ICT ministry said. The commercial satellite, named the Mugunghwa-7, lifted off from the Guiana Space Center at Kourou in French Guiana, aboard a rocket made by France-based Arianespace at 7:27 p.m. (local time), said the Ministry of [...]
SEOUL, May 8 (Korea Bizwire) – Grocery shopping via online and mobile channels in South Korea rose sharply in the first quarter from a year earlier, backed by robust demand for delivery services of fresh food amid a rise in the number of one-person households, data showed Friday. The amount of transactions made for fresh produce through online shopping malls reached 2.18 trillion won (US$1.92 billion), up 35.6 percent from the first three months of [...]
SEOUL, May 5 (Korea Bizwire) – Complimentary cover-up stickers that hide graphic warning labels on cigarette packets are being widely distributed in South Korean convenience stores in an effort to encourage tobacco sales. Known as “manner labels” in Korean, which roughly translates into English as modesty labels, the stickers, which are made by private companies [...]
SEOUL, May 4 (Korea Bizwire) – As a grey haze of fine dust continues to blanket South Korea, the epidemic is sweeping through kitchens and school playgrounds across the nation, with some schools reportedly cancelling sports days while experts warn homemakers against opening the windows for too long when cooking, in fear of letting in [...]
GEOJE, SOUTH KOREA, May 4 (Korea Bizwire) – Many of the victims who were injured or killed during the crane accident which occurred at the Geoje Shipyard last Monday were subcontractors, according to Samsung Heavy Industries. Speaking to Yonhap News Agency earlier this week, the company revealed that most of the casualties were subcontractors, including [...]
SEOUL, May 4 (Korea Bizwire) – An increasing number of South Korean retirees are participating in social contribution activities, an experience many find rewarding, through which individuals can share their talents with others and be paid for their contributions. Kim, who is in her 70s, has found new meaning in life after joining a social [...]
SEOUL, May 4 (Korea Bizwire) – South Korean civic group Writers is teaming up with KT Linkus, an affiliate of telecom provider KT, in giving a new role to old telephone booths near Gyeongbokgung station in Seoul’s Jongno District, by transforming them into mini studios in which audiobooks will be recorded for visually impaired people, [...]
SEOUL, May 4 (Korea Bizwire) – South Korean communications giant SK Telecom reported yesterday that it has sold more than 100,000 units of its Nugu smart voice-enabled wireless speaker since its release seven months ago, with the number of conversations between Nugu users and the AI assistant amounting to over one hundred million. Since it [...]
GEOJE, South Korea, May 4 (Korea Bizwire) – Police on Thursday raided several offices of Samsung Heavy Industries over a deadly crane accident that occurred at one of its shipyards this week. On Monday, two cranes collided at the shipyard in the southeastern port city of Geoje, causing a structure to fall from one of [...]