SEOUL, April 21 (Korea Bizwire) – Weddings don’t come cheap in Korea. A study conducted in February by wedding consulting firm DuoWed showed that an average couple spends roughly 263.3 million won ($231,388) to tie the knot. Even deducting the cost of housing for newlyweds, which was 186.4 million won (70.8 percent of the total), [...]
SEOUL, April 21 (Korea Bizwire) – Smart door locks, incorporating artificial intelligence or Internet of Things technologies, are gradually emerging as the next big trend for security systems in South Korea. According to the Korea Intellectual Property Office, the number of IoT door lock patent applications surged to 27 in 2014 and 48 in 2015. [...]
SEOUL, April 21 (Korea Bizwire) – SK Group Chairman Chey Tae-won again expressed his commitment to acquire Toshiba’s NAND flash memory unit, a bid that will further bolster the global presence of SK’s memory affiliate, SK Hynix. “There are a number of ways that we can cooperate with Toshiba, through actions that will benefit SK [...]
SEOUL, April 21 (Korea Bizwire) – South Korean low-cost carriers Air Busan and T’way Air will set up new routes to Japanese cities as part of efforts to offset declines in demand from China, the companies said Friday. The number of Chinese travelers has sharply declined following the ban on all travel packages to South [...]
SEOUL, April 21 (Korea Bizwire) – Samsung Electronics Co. said Friday it will implement software updates for its Galaxy S8 smartphones next week amid complaints that some screens on the flagship device have an unnatural reddish tint. “We plan to upgrade the color optimization feature next week through software updates,” an official at the tech [...]
SEOUL, April 21 (Korea Bizwire) – Average South Korean office worker reads 2.3 books and spends 29,000 won (US$25) on books every month, a survey showed Friday. The survey of 935 people conducted by education service institute Hunet, on the occasion of UNESCO’s World Book Day that falls on April 23, said 45 percent of [...]
SEOUL, April 21 (Korea Bizwire) – South Korea’s defense ministry said Friday it has signed an agreement with Ethiopia to construct a community center in Addis Ababa for its nationals who fought in the 1950-53 Korean War. It’s one of Seoul’s friendship projects for the people of Ethiopia, the only African country that dispatched ground [...]
SEOUL, April 21 (Korea Bizwire) – South Korea’s credit card companies are seeking to apply the iris scanner adopted by Samsung Electronics Co.’s Galaxy S8 smartphones on mobile transactions, industry sources said Friday, lauding the feature’s security compared with fingerprints and passwords. According to the sources, Samsung Card Co. is seeking to apply the iris [...]
SEOUL, April 20 (Korea Bizwire) – Hyundai Motor Co., South Korea’s top carmaker, on Thursday kicked off its latest global brand awareness campaign which contains an Antarctic crossing by its Santa Fe sport utility vehicle (SUV). In the ‘Shackleton’s Return’ brand campaign, Patrick Bergel, the great grandson of Irish-born British explorer Sir Ernest Shackleton, made [...]
SEOUL, April 20 (Korea Bizwire) – A recent study by the mental health experts at the Catholic University of Korea Seoul St. Mary’s Hospital revealed that high cholesterol levels can lead to higher risks of suicide and depression, particularly among middle-aged men and women between 45 and 64 years of age. Based on the 2014 [...]