SEOUL, July 25 (Korea Bizwire) – In what some might see as a late response to the recent controversy over IKEA’s Malm dresser, which has been cited for the death of at least three children in North America, the Korean government has decided to investigate the safety of all dressers currently being distributed domestically. According [...]
SEOUL, July 22 (Korea Bizwire) – The latest version of Samsung Electronics Co.’s Galaxy Note smartphone appears to focus on saving costs, rather than delivering cutting-edge functions, industry sources said Friday. The Galaxy Note 7 smartphone, which is expected to be released on Aug. 2 in New York, is likely to show similar features with [...]
SEOUL, July 22 (Korea Bizwire) – Samsung Electronics Co., the world’s largest maker of smartphones, said Friday it has filed a lawsuit against Huawei Technologies Co. in China, accusing the Chinese firm of infringing on Samsung’s six patents related to mobile phones and digital images. The move is seen as a countermeasure against Huawei after [...]
SEOUL, July 21 (Korea Bizwire) – Sales of Samsung’s latest special edition smartphone, the Galaxy S7 Edge Olympic Games Limited Edition, have failed to meet the success of previous limited edition Galaxy models. In fact, the phone was met with mixed reviews from consumers, who fervently sought out Samsung’s previous limited models like the Batman-themed [...]
SEOUL, July 21 (Korea Bizwire) – Iris recognition is the new “in” feature for smartphones that has yet to take off with consumers, and Samsung Electronics’ new flagship set to be unveiled next month may set the standard for the technology, industry watchers said Thursday. Samsung has disclosed in its invitations to the uncloaking of [...]
SEOUL, July 20 (Korea Bizwire) — Hyundai Mobis Co., the auto parts unit of Hyundai Motor Group, said Wednesday that it has set up a new distribution center in Belgium in the latest efforts to reduce lead time for its customers. The 56,000 square-meter facility will also serve as a logistics hub for Britain, Germany, [...]
SEOUL, July 19 (Korea Bizwire) — IKEA, the Swedish furniture giant, has stopped selling Malm dressers that have caused several child deaths in North America, but will continue selling them to customers in Korea. Given the company’s position, the Korean Agency for Technology and Standards (KATS) on July 19 demanded that IKEA Korea change its [...]
SEOUL, Jul. 19 (Korea Bizwire) — Unionized workers at Hyundai Motor Co., South Korea’s top automaker, are set to walk off the job for four hours on Tuesday demanding a pay raise and better working conditions. Last week, a majority of the automaker’s some 48,000 unionized workers voted for a strike as their talks with [...]
CHANGWON, July 18 (Korea Bizwire) – As the shipbuilding industry in Korea suffers through a catastrophic slump, some universities in South Gyeongsang Province that offer majors related to shipbuilding are having difficulty maintaining their programs. Due to the recent economic downturn, the employment outlook in the shipbuilding industry, which was bright just a few short years [...]
SEOUL, Jul. 18 (Korea Bizwire) — Workers at the country’s major shipbuilders will stage a joint strike this week, demanding that tough restructuring moves currently underway be scrapped. According to the sources, unionized workers at the country’s Big Three shipyards — Hyundai Heavy Industries Co., Daewoo Shipbuilding & Marine Engineering Co. and Samsung Heavy Industries [...]