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Samsung’s High-end Smartphones Underperform in Japan

Samsung’s High-end Smartphones Underperform in Japan

SEOUL, Jan. 5 (Korea Bizwire) — Samsung Electronics Co.’s foldable smartphones are struggling in the Japanese market, partly driven by Japan’s aversion to Korean products. Apple Inc.’s iPhone SE became the most sold phone in Japan last year, followed by the iPhone 12, Sharp Corp.’s Aquos Sense 5G and other iPhones and Japanese brand smartphones, [...]

Seoul to Pay 200,000-won Subsidy to First Graders

Seoul to Pay 200,000-won Subsidy to First Graders

SEOUL, Jan. 5 (Korea Bizwire) — Each new elementary school student in Seoul will be given a one-off allowance of 200,000 won (US$167) beginning this year, its education chief said Wednesday. The allowance, formally named “school admission preparation subsidy,” will be first paid to about 69,800 first graders in the capital this year, Cho Hee-yeon, [...]

Samsung Vice Chairman Stresses Personalized, Seamless, Sustainable Tech in CES Speech

Samsung Vice Chairman Stresses Personalized, Seamless, Sustainable Tech in CES Speech

LAS VEGAS, Jan. 4 (Korea Bizwire) — A high-ranking executive of Samsung Electronics Co. underlined the importance of customized devices and personalized spaces, as well as sustainable technology, in his keynote speech at the Consumer Electronics Show (CES) in Las Vegas on Tuesday. Han Jong-hee, the tech company’s vice chairman and the head of the Device [...]

Presidential Candidate’s Latest Pledge Raises Hopes Among Koreans Suffering from Hair Loss

Presidential Candidate’s Latest Pledge Raises Hopes Among Koreans Suffering from Hair Loss

SEOUL, Jan. 5 (Korea Bizwire) — Online communities related to hair loss were full of excitement amid news that Democratic Party presidential candidate Lee Jae-myung is reviewing the idea of extending coverage under the national health insurance plan to hair loss medication as one of his presidential pledges. An official from the party’s campaign committee [...]

Coupang Moves to Cut Losses by Raising Service Charges

Coupang Moves to Cut Losses by Raising Service Charges

SEOUL, Jan. 4 (Korea Bizwire) — South Korean e-commerce giant Coupang Inc. has been focusing on an offensive strategy to bulk up while tolerating losses, but recently began raising service charges as part of efforts to make a strategic shift. The company raised monthly subscription fees for Wow membership from 2,900 won (US$2.43) to 4,990 [...]

Revised Veterinarian Act to Prevent Overcharging

Revised Veterinarian Act to Prevent Overcharging

SEOUL, Jan. 4 (Korea Bizwire) — The Ministry of Agriculture, Food and Rural Affairs has announced that a revised Veterinarian Act was promulgated with a focus on obligating veterinarians to inform customers about expected expenses for medical treatment and surgical procedures. Thus far, veterinarians were allowed to charge medical expenses arbitrarily, and it was difficult [...]

Samsung to Show New TVs with Better Picture Quality, Smarter Features at CES 2022

Samsung to Show New TVs with Better Picture Quality, Smarter Features at CES 2022

SEOUL, Jan. 3 (Korea Bizwire) — Samsung Electronics Co. said Monday it will unveil its 2022 TV lineup at the Consumer Electronics Show (CES) in Las Vegas this week, including Micro LED and Neo QLED TVs in various sizes and with advanced features aimed at improving life at home amid the raging pandemic. The introduction [...]