SEOUL, May 2 (Korea Bizwire) — Renault Korea Motors is running a ‘Create Your SM6′ campaign until May 26, using AI technology to create personalized SM6 images and turning them into NFTs. The campaign is centered on the INSPIRE trim of the all-new SM6 TCe 300, which elevates the design and performance of the SM6 [...]
SEOUL, May 2 (Korea Bizwire) — Instead of sluggish demand for products like TVs and semiconductors, South Korea’s major tech companies are finding a new cash cow in the automotive business. Harman International, an automotive electronics subsidiary of Samsung Electronics Co., recorded sales of 3.17 trillion won ($2.36 billion) and an operating profit of 130 [...]
SEOUL, May 2 (Korea Bizwire) — South Korean artificial intelligence (AI) startup Upstage said Monday it has added a new function to its chatbot AskUp, which analyzes and records nutritional information when users upload food photos. This was made possible through a contract signed between Upstage and the local healthcare startup Doing Lab to implement [...]
SEOUL, May 1 (Korea Bizwire) — As software-driven vehicles (SDVs) begin to shape the mainstream automobile landscape, more and more vehicles will be personalized to buyers’ preferences without the hassle of visiting an auto repair shop. Take the EV9, for example. Kia Corp. is set to launch its second dedicated electric vehicle, the EV9, in [...]
SEOUL, May 1 (Korea Bizwire) — South Korea’s discount store chains are going all-out to attract customers through region-specific store strategies. Lotte Mart remodeled 22 of its 111 stores nationwide in this format and opened them on a gradual basis during the 2021-2022 period. For instance, many couples with young children reside around Cheongna International [...]
SEOUL, May 1 (Korea Bizwire) — South Korea’s top automaker Hyundai Motor Group could become the world’s No. 1 carmaker in terms of sales volume within a few years, a local brokerage house said Sunday. Samsung Securities Co. predicted in its latest report that the group would rise from third place last year to first [...]
SEOUL, May 1 (Korea Bizwire) — South Korean startups are carrying out intensive restructuring amid lingering concerns over the state of financial markets ignited by the collapse of the United States-based Silicon Valley Bank (SVB). Zigbang, the country’s top home-matching platform, began conducting individual interviews regarding annual evaluation results starting this month and pushed many [...]
SEOUL, April 30 (Korea Bizwire) — Louis Vuitton held its first-ever Pre-fall fashion show on Seoul’s Jamsu Bridge on Saturday, which was transformed into a runway. The event was livestreamed globally and projected on large LED screens around Seoul. The show was a cultural event for overseas tourists and Seoulites to enjoy together in [...]
SEOUL, April 30 (Korea Bizwire) — Hyundai Motor Group Executive Chair Euisun Chung will hold a lunch meeting with young applicants in a project modeled after “Warren Buffett lunch” to connect better with younger generations, a South Korean business lobby said Sunday. The Federation of Korean Industries (FKI) planned the “God-saeng One meal” project as [...]
SEOUL, April 29 (Korea Bizwire) —Major tourist attractions in South Korea are increasingly becoming a battleground for global luxury brands, with Moët Hennessy-Louis Vuitton (LVMH) and Kering Group, the world’s leading luxury goods companies, staging a battle of pride with their flagship brands Louis Vuitton and Gucci. The competition is fierce, as Louis Vuitton rented [...]