JEJU, South Korea, April 12 (Korea Bizwire) – Recent data has revealed that over half of the domestic passenger vessels operating on routes to Jeju Island are facing retirement next year. According to officials from the island, ten vessels operating on six routes – between Jeju and Busan, Mokpo, Yeosu, Wando, Nokdong and Usuyeong – [...]
SEOUL, April 12 (Korea Bizwire) – KT Corp. said Wednesday it has applied a new technology on its long-term evolution (LTE) networks that allows smartphone users to save battery life. South Korea’s No. 2 mobile carrier said its research showed the upgrade extended the battery life of Samsung Electronics Co.’s Galaxy S8 smartphone by three [...]
JEJU, South Korea, April 12 (Korea Bizwire) – The southern resort island of Jeju will host South Korea’s first PGA Tour event this fall, officials said Wednesday. The Jeju provincial government said it will sign an agreement with the PGA Tour and CJ Group, the title sponsor of the tournament named the CJ Cup@Nine Bridges, [...]
SEOUL, April 12 (Korea Bizwire) – Graduates of prominent universities still dominate the C-suites at South Korea’s leading conglomerates, although the latest analysis shows a slight drop in their proportion, a corporate tracker said Wednesday. CEO Score surveyed the alma maters of 480 CEOs at 347 companies that rank in the country’s top 500. Results [...]
SEOUL, April 12 (Korea Bizwire) – The government earned 62.5 trillion won (US$54.56 billion) from the gambling industry over the past 15 years, about half of it through taxes, data showed Wednesday. The Korea Taxpayers Association analyzed records from the National Gambling Control Commission and found that the government collected approximately 31.55 trillion won in [...]
SEOUL, April 12 (Korea Bizwire) – Samsung Electronics Co. regained the top status in the global smartphone market in the first quarter of the year, even before the release of its latest Galaxy S8, largely thanks to an increase in shipments of mid- and low-end devices, data showed Wednesday. According to the data compiled by [...]
SEOUL, April 11 (Korea Bizwire) – The global popularity of hallyu (the Korean Wave) content is gradually waning. Based on an online survey of 7,200 consumers from 15 countries in six continents (from October to December 2016), Monday’s report by the Korean Foundation for International Cultural Exchange showed that only 31 percent of the respondents had [...]
SEOUL, April 11 (Korea Bizwire) – With millions of ‘how to’ videos readily available, the world’s biggest video streaming platform is often the first go-to destination from simple know-hows like ‘how to use chopsticks’ to more professional skills like computer programming. Although the most popular YouTube channels in South Korea are still videogame related or [...]
SEOUL, April 11 (Korea Bizwire) – The number of Pokémon GO players in South Korea has plummeted to a third of the initial count, data by WiseApp showed Monday, fewer than three months after the AR game’s launch on January 24. The mobile analytics company, based on a sample study of local Android users, estimated [...]
SEOUL, April 11 (Korea Bizwire) – This is what spring skies are supposed to look like. With fine dust concentration levels at either ‘good’ (0 to 30 micrograms/cubic meter) or ‘average’ (31 to 80㎍/㎥) across South Korea, the skies were finally blue on Monday after being shrouded in a gray haze for weeks. The Seoul [...]