SEOUL, Dec. 12 (Korea Bizwire) – In a strategic move to bolster its efforts to uncover groundbreaking technology and business opportunities, Samsung Electronics recently announced a significant organizational restructure, including the establishment of a new Business Development Group within its Digital Experience (DX) division. The newly formed Business Development Group will serve as a central hub [...]
SEOUL, Dec. 12 (Korea Bizwire) — Canadian coffee brand Tim Hortons said Tuesday it will open 150 outlets in South Korea within five years as it plans to open its first store in southern Seoul on Thursday. Tim Hortons has decided to enter the Korean market, which has a vibrant coffee market where coffee consumptions [...]
SEOUL, Dec. 11 (Korea Bizwire) – In a trend reflective of the times, e-commerce platforms in South Korea are increasingly becoming the main stage for cost-effective consumption, witnessing a rise in so-called ‘frugal spending.’ With soaring prices increasing consumer sensitivity to costs, there’s a notable surge in demand for products priced below 10,000 won. One example [...]
SEOUL, Dec. 11 (Korea Bizwire) – Fierce talent competition has prompted Samsung Electronics and SK Hynix to ease hiring criteria in the semiconductor industry. In response to a critical shortage of skilled labor in the semiconductor industry, both Samsung Electronics and SK Hynix have adopted a strategic approach to attract talent. Notably, SK Hynix has recently [...]
SEOUL, Dec. 9 (Korea Bizwire) – In its 2023 National Injury Surveillance Report, released on Friday, the Korea Disease Control and Prevention Agency revealed that nearly half of the fatalities from injuries last year were attributed to self-harm and suicide. Approximately 75 percent of individuals with substance addiction had intentions related to self-harm or suicide. Injuries [...]
SEOUL, Dec. 9 (Korea Bizwire) – On Thursday, Hyundai Motor Group proudly announced its achievement of securing four top accolades in the 2024 Best Buy Awards by Kelley Blue Book, a prominent U.S. automotive publication. The Hyundai Ioniq 5 was acknowledged as the premier electric vehicle (EV), the Hyundai Kona claimed the title of best [...]
SEOUL, Dec. 9 (Korea Bizwire) – Kia’s expansive electric Sport Utility Vehicle (SUV), the EV9, has recently been recognized as the safest car in Europe. The announcement came on Thursday, with Kia revealing that the EV9, introduced in March of this year, has secured a five-star rating from the European New Car Assessment Program (Euro [...]
SEOUL, Dec. 8 (Korea Bizwire) – In a milestone celebration this month, Blind, the community application allowing professionals to engage anonymously, is commemorating a decade of service since its launch in South Korea. According to data released by Blind on December 7, the app boasts a user base of 6 million in the country, with a [...]
SEOUL, Dec. 8 (Korea Bizwire) – In a highly anticipated move, Samsung is gearing up to launch its latest semi-premium smartphone, the Galaxy S23 FE, in the domestic market, heightening consumer expectations a day before its official release. According to industry reports, Samsung is set to release the Galaxy S23 FE in South Korea on December [...]
SEOUL, Dec. 8 (Korea Bizwire) – Mercedes-Benz Korea announced on Thursday the successful conclusion of this year’s Startup Autobahn Korea with an “Expo Day” held at a multicultural space in Seongdong-gu, Seoul. The event showcased the final development results of nine companies that participated in the fourth edition of the program. Established by Mercedes-Benz Group AG [...]