SEOUL, Aug. 12 (Korea Bizwire) – Iris scanning is no longer something from the future, or a mundane cliché technology from a sci-fi movie. With Samsung Electronics introducing a form of the technology in its latest flagship phablet, the Galaxy Note 7, it’s clear that a new era of personal identification is here. Boasting its [...]
GOYANG, Aug. 12 (Korea Bizwire) – The 2016 MiBe Baby Expo kicked off at Goyang’s KINTEX (Korea International Exhibition Center) on Friday. With over 250 companies in related industries participating, parents or soon-to-be parents will have a chance to become familiar with new baby products, and also be provided with information on pregnancy, childbirth, infant [...]
SEOUL, Aug. 12 (Korea Bizwire) – One of Korea’s biggest convenience store franchises, GS25, has joined hands with Disney for the limited sale of gold medals (24K) printed with characters from Marvel Comics. Dubbed ‘Marvel Avengers Gold Special Edition’, the 1,000-unit limited boxed set comes with four medals, each three centimeters in diameter and featuring [...]
SEOUL, Aug. 11 (Korea Bizwire) – South Korea’s tech giant Samsung Electronics Co. on Thursday said it has signed a contract to acquire a U.S. premium kitchen appliance maker, Dacor, in a move to bolster Samsung’s presence in the American luxury home-appliance market. The financial terms of the contract were not revealed, but Yoon Boo-keun, [...]
SEOUL, Aug. 9 (Korea Bizwire) – Oxy Reckitt Benckiser (RB) may have finalized its toxic humidifier sterilizer compensation plan, but victims and their families are still not convinced. Instead, they’re criticizing the company for applying a double standard to the compensatory measures. “Oxy RB is the biggest aggressor in the toxic sterilizer tragedy. It concealed [...]
SEOUL, Aug. 9 (Korea Bizwire) – A prolonged heat wave in South Korea is boosting sales of local retailers, cafes, hotels and theaters as people flock to those air-conditioned places to get relief, industry sources said Tuesday. The entire country has been hit by the scorching weather for the past two weeks, with daytime highs [...]
SEOUL, Aug. 8 (Korea Bizwire) – Ticket Monster, South Korea’s major e-commerce site, said Monday it started sales of British luxury car brand Jaguar, marking the first time for new cars to be sold on a local online shopping mall. Ticket Monster put on sales of 20 Jaguar XE Portfolios and R-Sports on Monday morning, [...]
SEOUL, Aug. 8 (Korea Bizwire) – The number of males purchasing indoor toys in 2016 rose more than 40 percent from a year ago, industry data showed Monday, suggesting that more fathers are choosing to play with their children at home. According to the country’s largest open market website Gmarket, male customers buying indoor toys, [...]
SEOUL, Aug. 8 (Korea Bizwire) – South Korea’s controversial anti-graft law governing free meals and gifts is expected to have a negative impact on department stores, while coming as a boon to discounters, convenience stores and food makers, sources said Monday. Slated to go into effect on Sept. 28, the Kim Young-ran anti-graft law named [...]
SEOUL, Aug. 5 (Korea Bizwire) – Frozen food was once seen as mere ‘survival food’ for hungry students, who would simply throw a prepared meal into the microwave and run it for a few minutes. But the popularity of these quick and convenient meals has soared thanks to improved quality, diversity, and most importantly, a [...]