SEOUL, Aug. 26 (Korea Bizwire) – Samsung Electronics Co. and LG Electronics Inc. will showcase their latest developments, gadgets and smart home appliances at next month’s consumer electronics fair in Berlin, according to company officials on Friday. The annual IFA fair, to be held in Berlin from Sept. 2-7, will bring together about 240,000 participants [...]
DAEJEON, Aug. 25 (Korea Bizwire) – The future of the automotive industry may rely heavily on electric vehicles, but regardless of propulsion type, one thing that all cars have in common is their tires. According to the Korean Industrial Property Office (KIPO) Thursday, the number of patent applications for high-performance tires offering improved safety has [...]
SEOUL, Aug. 25 (Korea Bizwire) – South Korea’s exports to Vietnam have spiked over 10 percent so far this year, making it the world’s third-largest importer of South Korean goods, data showed Thursday. In the January-July period, shipments to Vietnam jumped 10.1 percent on-year to US$18.02 billion, according to the data from the Korea International [...]
SEOUL, Aug. 24 (Korea Bizwire) – In the face of Korea’s fast growing kidult (kid + adult) market, KOTRA (Korea Trade-Investment Promotion Agency) is hosting a special exhibition from August 24 to September 14 entitled ‘Call! Bravo Life Exhibit’ at its headquarters in Seocho. The exhibition features the works of 20 small and medium-sized enterprises [...]
SEOUL, Aug. 24 (Korea Bizwire) – Samsung Display Co. said Wednesday that it has formed an alliance with its sister company Samsung Electronics, and Chinese TV and panel manufacturers to further cooperate on expanding the curved panel industry. The agreement was made at a forum held by Samsung Display and the Congressional-Executive Commission on China [...]
SEOUL, Aug. 23 (Korea Bizwire) – Carbon Fiber Reinforced Polymer, or CFRP, is an extremely durable light plastic, and its use has spread across various manufacturing industries, from aviation and automotive, to sports and audio equipment. But despite its impressive properties, CFRP is infamous for its complex disposal and recycling. While high-temperature processing to reclaim [...]
GOYANG, South Korea, Aug. 18 (Korea Bizwire) – The Korea Federation of Furniture Industry Cooperatives is hosting a special fair for a wide variety of interior furniture at Goyang’s KINTEX (Korea International Exhibition & Convention Center). With some 350 companies showcasing their wares, the exhibition presents modern and antique furniture for all age groups and [...]
SEOUL, Aug. 18 (Korea Bizwire) – Hyundai Rotem Co., the train-making unit of Hyundai Motor Group, said Thursday that it has signed a deal to supply trains to Australia, worth up to 1.1 trillion won (US$995 million). Under the agreement signed with the Ministry of Transport and Infrastructure of New South Wales, the South Korean [...]
SEOUL, Aug. 18 (Korea Bizwire) – Three vehicle models produced by South Korea’s top automaker Hyundai Motor Co. and its affiliate Kia Motors Corp. took the top three spots in terms of best-selling cars in Israel in the first half of the year, also making their manufacturers the two most preferred brands in the Middle [...]
YONGIN, Aug. 16 (Korea Bizwire) – The world’s leading drone manufacturer, DJI, is opening the world’s first indoor drone arena in Yongin, about 50km south of the South Korean capital. “We’re opening the indoor arena in South Korea after judging that the market has huge potential for growth,” said a DJI official. The venue is [...]