SEOUL, Nov. 24 (Korea Bizwire) – An individual, referred to only as A, inserted a 50,000 won bill into a machine at a self-photo studio. Later, he discovered a small notice inside the machine stating that no change would be provided. The amount of change owed to the individual was not insignificant, but there was no [...]
SEOUL, Nov. 15 (Korea Bizwire) — KT Corp., a major telecom company in South Korea, is scheduled to end its domestic telegram service in December, 138 years after its debut in the country, industry sources said Wednesday. KT, South Korea’s top fixed-line operator, posted on its webpage on Nov. 2 a notice that its 115 [...]
SEOUL, Nov. 13 (Korea Bizwire) – In the past three months, the competition for second place within the streaming video service industry has been fervent. There’s a noticeable trend where user preferences are heavily influenced by the original content released at any given time, creating what seems like a content battle. Based on recent Nielsen data, [...]
SEOUL, Nov. 9 (Korea Bizwire) – The National Human Right Commission on Thursday recommended mega coffee chain Starbucks provide sign language services or install kiosks at its drive-through stores to ensure equal access for the hearing-impaired and customers with language challenges. The recommendation was in response to a petition filed by hearing-impaired customers and others [...]
SEJONG, Nov. 9 (Korea Bizwire) — Tripitaka Koreana, the most complete collection of Buddhist scriptures carved on around 80,000 wooden printing blocks made in the 13th century, has been preserved at a depository named Janggyeong Panjeon at Haein Temple in the southeastern county of Hapcheon in South Korea. The storage hall, solely designed and built [...]
SEOUL, Nov. 3 (Korea Bizwire) — Naver Corp., South Korea’s top internet portal operator, said Friday its third-quarter net profit jumped 53.8 percent from a year earlier, powered by robust growth of its commerce, content and cloud businesses. Third-quarter net profit amounted to 356.2 billion won (US$265.2 million) on a consolidated basis in the July-September [...]
SEOUL, Nov. 2 (Korea Bizwire) – The Nintendo Switch is rapidly establishing itself as a prominent platform within the Korean video game industry, positioning itself to significantly impact the global gaming market. One compelling example of this trend is the success of “Dave the Diver,” a marine adventure game developed by Nexon, which made its debut [...]
SEOUL, Oct. 20 (Korea Bizwire) – The Korea Insurance Development Institute (KIDI) announced on Thursday that it will provide a ‘Car History’ information service for used cars being shipped from South Korea to the Middle East. The new service, a result of collaboration with CARSEER, the first car accident history service company in the Middle East, will [...]
SEOUL, Oct. 17 (Korea Bizwire) – The number of deliver workers has fallen this year following a sharp growth in recent years amid the COVID-19 pandemic, while that of cooks rose to an all-time high as people returned to pre-pandemic normalcy, data showed Tuesday. The number of delivery workers fell by 24,000 during the January-June [...]
SEOUL, Oct. 5 (Korea Bizwire) – Many attribute the global success of Netflix’s original series ‘Squid Game’ to the fact that the company faithfully followed its motto of ‘the most local is the most global.’ However, from a global perspective, the data suggests that South Korea was the only country where Netflix’s strategy yielded significant results. [...]