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Samsung to Deliver Apology on Work-related Diseases Next Week

Samsung to Deliver Apology on Work-related Diseases Next Week

SEOUL, Nov. 14 (Korea Bizwire) — Samsung Electronics Co. plans to deliver an official apology on the long-standing dispute surrounding its former workers suffering from diseases apparently related to the working environments at its factories, the mediation committee said Wednesday. The apology is part of the agreement reached between one of the world’s leading makers [...]

Complaints About Imported Vehicles on the Rise

Complaints About Imported Vehicles on the Rise

SEOUL, Nov. 14 (Korea Bizwire) — More complaints are being registered as an increasing number of South Korean drivers are opting for imported cars. The Korea Consumer Agency (KCA) said on Tuesday that a total of 1,410 complaints involving imported vehicles have been lodged over the past five years. A total of 2,945 complaints regarding [...]

SK Innovation Creates Own Media Outlet to Relay Corporate News

SK Innovation Creates Own Media Outlet to Relay Corporate News

SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s largest petrochemical company has set up its own communication channel in the form of an online media business to relay company information and other industry news. SK Innovation Co. stated yesterday it had created SKinno News in response to a need to directly communicate the latest news [...]

Millions of ‘Idol Sandwiches’ Sold Only Months After Their Debut

Millions of ‘Idol Sandwiches’ Sold Only Months After Their Debut

SEOUL, Nov. 13 (Korea Bizwire) — So-called ‘idol sandwiches,’ known to be favored by certain K-pop stars, are selling like hotcakes at convenience stores. GS25, a major convenience store franchise, said that YouUs Idol’s Favorite Sandwich topped all food sales charts just two and a half months after its release, with more than 5 million [...]

Layoffs in the Cards at Troubled Shipyards

Layoffs in the Cards at Troubled Shipyards

SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s embattled shipbuilding giants may conduct a wave of year-end layoffs in line with self-rescue measures agreed upon with creditors, industry sources said Tuesday. Stung by snowballing losses from tumbling orders and heavy debt, Daewoo Shipbuilding and Marine Engineering Co. (DSME), Samsung Heavy Industries Co. and Hyundai Heavy [...]

Lotte Mart Adopts QR Codes to Increase Synergy

Lotte Mart Adopts QR Codes to Increase Synergy

SEOUL, Nov. 12 (Korea Bizwire) — Lotte Mart announced on Sunday that it will adopt QR codes for all merchandise being sold at the store, which will allow customers to use their smartphones to access detailed information as well as customer reviews about each product. The company will also provide online ordering services to customers [...]

Korean Customs Targets Illegal Resale of Overseas Direct Purchases

Korean Customs Targets Illegal Resale of Overseas Direct Purchases

SEOUL, Nov. 12 (Korea Bizwire) — The Korean Customs Service (KCS) has launched a crackdown on illegal imports and the resale of imported products until November 28 as transactions via foreign direct purchasing are expected to jump due to China’s annual Singles Day. The KCS will be focusing on the act of reselling products acquired [...]