SEOUL, Sept. 20 (Korea Bizwire) – Canada’s BlackBerry Ltd. began selling its first Android-based smartphone on Tuesday in South Korea, returning to the competitive smartphone market dominated by local brands. It is BlackBerry’s first smartphone launched in South Korea since it pulled out of the Korean market three years ago. The launch of the PRIV [...]
SEOUL, Sept. 20 (Korea Bizwire) – Shinsegae Duty Free said Tuesday that it will open a K-pop concert hall later this week in Seoul in a bid to attract more foreign customers in the early stages of its operation. South Korean retail giant Shinsegae opened its first duty-free outlet on the top four floors in [...]
SEOUL, Sept. 19 (Korea Bizwire) – Korean medium-sized household appliance manufacturers, whose operations once relied heavily on China, are now making progress in Southeast Asian countries. Coway, best known for its water purifiers, recently announced its “Vision 2017” plan in Malaysia, which includes its ambitious goal to accrue 600,000 customer accounts by 2017. With its [...]
SEOUL, Sept. 19 (Korea Bizwire) – The fast spreading hype over health and fitness among Korean women is bringing changes in sales trends for sports brands, which used to be more or less centered around male customers. According to Hyundai Department Store, the sales percentage of sporting brands such as Adidas and New Balance, which [...]
SEOUL, Sept. 12 (Korea Bizwire) – Samsung Electronics Co. said Monday its vice chairman, Lee Jae-yong, was nominated to be a member of its board of directors, a move that will allow him to take a “more active role” in the decision-making process. The nomination of Lee, the only son of ailing Samsung Electronics Chairman [...]
SEOUL, Sept. 12 (Korea Bizwire) – Three days after Samsung advised its customers to stop using their Galaxy Note 7s and exchange them for temporary Samsung smartphones until the issues with the Note 7 are addressed, not many were found to have followed the guidelines. The Korean tech giant posted an online notice to its [...]
SEOUL, Sept. 12 (Korea Bizwire) – The mass recall of the Galaxy Note 7 smartphones over a battery problem has not largely affected foreign consumer loyalty to Samsung Electronics Co.’s brand, separate online surveys by Internet news websites showed Monday. According to an online survey of 11,621 Internet users by a U.S. technology news website, [...]
SEOUL, Sept. 9 (Korea Bizwire) – The summer’s record-setting heatwave has finally subsided, the air swiftly chilled, and with brisk morning breezes, autumn is finally at hand. In Korea, autumn is referred to as the “Season of Book-Reading”. But amidst an abundance of technological distractions and with difficult economic times discouraging household consumption, the idea [...]
SEJONG, Sept. 9 (Korea Bizwire) – About 30 percent of manufactured goods consumed by South Koreans in their daily lives were imported from abroad in this year’s second quarter on rising demand for foreign electronic devices and pharmaceuticals, latest data showed Friday. Out of the total domestic manufacturing supply, including intermediate and consumer goods, foreign-made [...]
HANAM, South Korea, Sept. 8 (Korea Bizwire) – Shinsegae Group is set to open South Korea’s largest shopping theme park in Hanam, southeast of Seoul, on Friday to offer a wide variety options for shopping, leisure and culinary experiences. “Starfield Hanam” is a three-story building with four underground floors, covering an area spanning 460,000 square [...]