SEOUL, Sept. 8 (Korea Bizwire) — Sate-owned companies in the energy sector are jumping into new businesses to adapt to the era of eco-friendly energy. The Korea National Oil Corporation (KNOC), jointly with the city of Ulsan, aims to renovate the gas field in the East Sea, to be shut down in June 2022, to [...]
SEOUL, Sept. 8 (Korea Bizwire) — Samsung Electronics Co. has reportedly secured an order to manufacture Qualcomm Technologies Inc.’s mobile application processor (AP) for 5G budget smartphones, industry sources said Tuesday, as the South Korean tech giant eyes boosting its presence in the foundry industry. Samsung is likely to be a producer of the 5G [...]
SEOUL, Sept. 8 (Korea Bizwire) — Samsung Electronics Co. on Tuesday unveiled accessories for its latest wireless earbuds in collaboration with global sportswear brand Fila as the South Korean tech firm aims to attract more young consumers. The Galaxy Buds Live Fila Accessory Package will go on sale Wednesday in South Korea with a price [...]
SEOUL, Sept. 8 (Korea Bizwire) — LG Uplus Corp., South Korea’s third-largest mobile carrier, said Tuesday it has developed an advanced cellular module technology with global partners that does not require Subscriber Identification Module (SIM) cards in mobile devices. In collaboration with cellular chipset developer Sony Semiconductor Israel, local communication module maker NTmore, and German [...]
SEOUL, Sept. 7 (Korea Bizwire) — Automakers are gaining attention after appointing popular celebrities as brand ambassadors, despite the lack of in-person interaction with consumers following the coronavirus outbreak. Hyundai Motor Co. has appointed K-pop sensation BTS as brand ambassadors for IONIQ, Hyundai’s EV brand. The company recently unveiled a song and music video titled [...]
SEOUL, Sept. 7 (Korea Bizwire) — SK Innovation Co., a South Korean manufacturer of electric vehicle (EV) batteries, is considering building its third battery plant in Hungary to meet growing demand for EV batteries amid the global race for zero-emissions cars. “We have launched certain processes, such as looking for a candidate site” for the [...]
SEOUL, Sept. 7 (Korea Bizwire) — The police plan to distribute portable speakers to the leaders of riot squads that are highly exposed to contact with people. This move offers a glimpse of the change in the fieldwork of law enforcement agencies since the onset of the coronavirus pandemic. The National Police Agency (NPA) announced [...]
SEOUL, Sept. 6 (Korea Bizwire) — Samsung Electronics Co. on Sunday signed a partnership agreement with South Korea’s leading furniture maker Hanssem Co. to expand business opportunities amid the pandemic-driven stay-at-home trend. Under the deal, Samsung will cooperate with Hanssem in the home interior remodeling business. The tech giant will provide its latest home appliances [...]
SEOUL, Sept. 5 (Korea Bizwire) — The proportion of female lawmakers in South Korea’s parliament, as well as that of female ministers in the Cabinet, has reached an all-time high, data showed Saturday. According to the gender equality ministry and Statistics Korea, 57 women were elected in the April 15 general elections, accounting for 19 [...]
SEOUL, Sept. 4 (Korea Bizwire) — SK Innovation Co., a South Korean manufacturer of electric vehicle (EV) batteries, denied Friday that it destroyed documents related to an EV battery patent case in the latest tit-for-tat ahead of a crucial verdict in the United States. SK Innovation claimed it developed the 994 patent, while LG Chem [...]