Business Archives | Page 2 of 676 | Be Korea-savvy

Archive by category Business

Whirlpool Demands 50 pct Tariff on Samsung, LG Washers

Whirlpool Demands 50 pct Tariff on Samsung, LG Washers

SEOUL, Oct. 18 (Korea Bizwire) — U.S. tech manufacturer Whirlpool Corp. has demanded a punitive tariff of 50 percent on South Korean firms’ washers, government sources said Wednesday. According to South Korea’s trade ministry, Whirlpool submitted the demand to the U.S. International Trade Commission (ITC), which earlier determined that Samsung Electronics Co. and LG Electronics [...]

Naver Showcases Robotics and Self-Driving Ambitions at Developers’ Conference

Naver Showcases Robotics and Self-Driving Ambitions at Developers’ Conference

SEOUL, Oct. 17 (Korea Bizwire) – Following in the footsteps of Google, Amazon and Microsoft — software IT firms that have been making serious forays into the hardware aspect of technology — Naver unveiled similar ambitions at its developers’ conference Deview 2017, held at Coex on October 16. Naver entered the robotics business in earnest [...]

Naver Unleashes Line Friends AI Speakers Promotion in Bid to Win Nascent AI Speaker Market

Naver Unleashes Line Friends AI Speakers Promotion in Bid to Win Nascent AI Speaker Market

SEOUL, Oct. 17 (Korea Bizwire) – South Korean search engine leader Naver announced today that its AI speakers will become available for purchase on its music service website starting October 26. The special promotional deal will offer the capsule-shaped, Brown and Sally-inspired (popular emoji characters from Naver’s messaging service Line) AI speaker with a one-year [...]

Light Drinking Can Raise Cancer Risks for Koreans: Report

Light Drinking Can Raise Cancer Risks for Koreans: Report

SEOUL, Oct. 17 (Korea Bizwire) — Light drinking can raise the risk of cancers for Koreans who have less ability to perform enzymatic alcoholysis compared with Westerners, a local report said Tuesday. The report by Seoul National University Hospital (SNUH) in Bundang, Gyeonggi Province, contradicts the established theory that light drinking can lower cardiovascular disease [...]