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Samsung’s High-Tech Fridge Proves Popular Despite High Price

Samsung’s High-Tech Fridge Proves Popular Despite High Price

SEOUL, Jun. 28 (Korea Bizwire) — Despite its high price tag, Samsung’s new high-end IoT refrigerator is receiving a warm reception from the public, with over two million people participating in a trial event of the state-of-the-art kitchen staple. Samsung’s online event dubbed ‘Smart Experience’, which began on June 15 and ran until last Sunday, [...]

South Korean Electric Motorcycle Maker Ventures into Vietnam

South Korean Electric Motorcycle Maker Ventures into Vietnam

SEOUL, June 28 (Korea Bizwire) – An ambitious South Korean SME is making a foray into the Vietnamese electric vehicle market. MBI, a company that specializes in producing automobile transmissions, announced plans on Tuesday to invest 113.5 billion won to build electric vehicle manufacturing plants in partnership with local investor N&G at the Hanoi South [...]

KEPCO to Launch Some 1,500 EV Charging Stations Across the Country

KEPCO to Launch Some 1,500 EV Charging Stations Across the Country

SEOUL, June 27 (Korea Bizwire) — State-run electricity provider Korea Electric Power Corp. said Tuesday that it will run some 1,500 charging stations for electric vehicles (EVs) across the country starting on July 3. The 1,560 charging stations will be available at KEPCO’s operations center, public parking lots and some apartment complexes, it added. The [...]

S. Korea Ranks No. 1 in Online Grocery Shopping

S. Korea Ranks No. 1 in Online Grocery Shopping

SEOUL, Jun. 27 (Korea Bizwire) — South Korea ranked No. 1 in terms of e-commence for grocery shopping, far outpacing other major developed countries, an industry report showed Tuesday. According to the report by industry tracker, Kantar Worldpanel, the percentage of fast-moving consumer goods (FMCG) shopping via online and mobile channels out of all purchases [...]

Pharmaceutical Industry Contributes More to Employment than Other Industries: Data

Pharmaceutical Industry Contributes More to Employment than Other Industries: Data

SEOUL, Jun. 27 (Korea Bizwire) — South Korea’s pharmaceutical industry has posted more than double the annual growth rate in terms of employment compared to the manufacturing sector as a whole, industry data showed Tuesday. The pharmaceutical industry has recorded 3.9 percent in annual employment growth rate between 2005 and 2015, while the comparable figure [...]