SEOUL, Sept. 12 (Korea Bizwire) – The mass recall of the Galaxy Note 7 smartphones over a battery problem has not largely affected foreign consumer loyalty to Samsung Electronics Co.’s brand, separate online surveys by Internet news websites showed Monday. According to an online survey of 11,621 Internet users by a U.S. technology news website, [...]
SEOUL, Sept. 12 (Korea Bizwire) – Local industry leader Hyundai Motor Co. and two other carmakers will recall over 30,000 cars sold here for problems with various vehicle parts, the transportation ministry said Monday. According to the Ministry of Land, Infrastructure and Transport, Hyundai Motor will recall 10,912 units of the Grandeur passenger cars for [...]
SEJONG, Sept. 9 (Korea Bizwire) – About 30 percent of manufactured goods consumed by South Koreans in their daily lives were imported from abroad in this year’s second quarter on rising demand for foreign electronic devices and pharmaceuticals, latest data showed Friday. Out of the total domestic manufacturing supply, including intermediate and consumer goods, foreign-made [...]
SEOUL, Sept. 9 (Korea Bizwire) – Swedish furniture group IKEA on Friday said it will recall 15 dressers sold in South Korea over concerns they could pose a safety risk to children, months after similar products caused deaths in North America. IKEA recalled 36 million dressers in the U.S. and Canada in June after six [...]
GOYANG, South Korea, Sept. 8 (Korea Bizwire) – South Korea is hosting its largest defense expo for ground forces at Goyang’s KINTEX (Korea International Exhibition & Convention Center). Dubbed Defense Expo Korea 2016, this is the second exhibit of its kind after the inaugural event in 2014, and will be attended by some 400 defense [...]
SEOUL, Sept. 7 (Korea Bizwire) – Samsung has impressed consumers with iris-scanning technology and dust and water-proof enclosures in its premium phones, and LG, with its dual camera and improved audio capabilities (in the new V20). But how long will these latest technologies remain as signature features exclusive to individual models of premium smartphones? Thinking [...]
SEOUL, Sept. 7 (Korea Bizwire) – Samsung Electronics Co. plans to release a deep black Galaxy Note 7 smartphone next month as scheduled, despite the current global recall over a battery problem, a company official said Wednesday. The Note 7 is available in four colors — Black Onyx, Silver Titanium, Gold Platinum and Blue Coral. [...]
SEOUL, Sept. 6 (Korea Bizwire) – Company officials and union leaders at Renault Samsung Motors Co. have reached a tentative agreement on the wage increase for workers at the French automaker, the company said Tuesday. The agreement came after five official rounds of negotiations and nine working group meetings since July 11, and marks the [...]
SEOUL, Sept. 6 (Korea Bizwire) – Samsung Electronics may be praised for its swift decision to recall faulty Galaxy Note 7 phablets, but its affiliate Samsung SDI (SSDI), which was responsible for the production of some of the defective batteries, is facing a crisis. According to industry watchers, SSDI has tentatively halted its supply of [...]
SEOUL, Sept. 5 (Korea Bizwire) – Last week, Samsung Electronics announced a historic recall of its Galaxy Note 7 after confirming that some of the phones had faulty batteries. Ironically, on the same day, the electronics giant launched sales of refurbished smartphones in the United States. Experts now anticipate that Samsung’s phablet of concern may [...]