SEOUL, Oct. 28 (Korea Bizwire) – South Korea’s agricultural authorities said Saturday they have vaccinated nearly 82 percent of cattle subject to emergency inoculation amid growing concerns over the nationwide spread of lumpy skin disease (LSD). As of Saturday morning, health authorities have administered the vaccine to 357,000 out of 438,000 cows subject to emergency [...]
SEOUL, Oct. 27 (Korea Bizwire) – As the COVID-19 pandemic has prolonged the prevalence of non-face-to-face shopping, apparel and cosmetics companies are intensifying their online marketing strategies, specifically targeting Generation MZ (those born between the early 1980s and early 2000s). This younger demographic is increasingly recognizing the advantages of online shopping, which has led to a [...]
SEOUL, Oct. 27 (Korea Bizwire) – POSCO E&C announced on Thursday that it had developed a multi-layer welding automation engineering technology for application in steel bridge construction. This new process, developed in collaboration with POSCO, allows for precise adjustments of electric current, voltage, welding speed, and type, based on the type and thickness of the steel [...]
SEOUL, Oct. 26 (Korea Bizwire) — SK Innovation Co., South Korea’s leading energy company, said Thursday it has signed a tentative agreement with the government of Fiji for a forest restoration project in the South Pacific island nation. SK Innovation forged the memorandum of understanding (MOU) with the government Wednesday in the Fijian capital of [...]
SEOUL, Oct. 26 (Korea Bizwire) — McDonald’s Korea said Thursday it will increase the price of 13 menu items by an average 3.7 percent, including the signature Big Mac, next week due to higher food and shipping costs. Under the plan, the price of a Big Mac will rise 300 won to 5,500 won (US$4.06) [...]
SEOUL, Oct. 26 (Korea Bizwire) — Samsung SDI Co. said Thursday its third-quarter earnings slid 2.5 percent on-year amid decreased demand for energy storage system (ESS) products and pouch battery cells used in smartphones. Consolidated net profit came to 622.4 billion won (US$459.3 million) in the July-September period, compared with 638.2 billion won from a [...]
SEOUL, Oct. 26 (Korea Bizwire) — SK hynix Inc. said Thursday it posted losses for the fourth consecutive quarter in the third quarter of this year but recovering demand for high-performance products helped narrow its operating deficit. The world’s second-largest memory chip maker said in a regulatory filing its operating losses amounted to 1.79 trillion [...]
SEOUL, Oct. 26 (Korea Bizwire) – A recent survey has revealed that LG Electronics leads in the category of home electronics most cherished by Korean consumers. According to CEO Score, a corporate data research institute, LG secured the top position with 586 products out of a total of 3,600 ranked within the top 300 in Naver [...]
SEOUL, Oct. 26 (Korea Bizwire) – A Samsung OLED promotional event held on the sunny shores of Santa Monica, California has garnered a tremendous response from local attendees eager to explore this cutting-edge technology. Organized by Samsung, the event offered consumers a unique opportunity to personally experience the exceptional performance and durability of Samsung’s product line. [...]
SEJONG, Oct. 25 (Korea Bizwire) — South Korea’s agricultural ministry said Wednesday it plans to complete the vaccination of cattle against lumpy skin disease (LSD) by early next month, as it strives to contain the nationwide spread of the disease. The announcement came as confirmed LSD cases in cattle rose to 29 as of Wednesday [...]