SEOUL, Aug. 13 (Korea Bizwire) — Samsung Group is likely to meet its 180 trillion-won (US$152 billion) investment pledge, industry observers said Thursday, as South Korea’s top conglomerate’s spending for future growth businesses is going well and as planned. In August 2018, Samsung announced that it will invest 180 trillion won over the next three [...]
SEOUL, Aug. 13 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co. on Thursday delivered Samsung Electronics Co.’s new Galaxy Note 20 phones via a drive-through station, taking a cue from the country’s drive-through coronavirus test centers, to reduce risks of infections. Around 20 customers who pre-ordered the device arrived in taxis for [...]
SEOUL, Aug. 13 (Korea Bizwire) — K-pop band SuperM will present the live performance debut of its upcoming song “100″ on U.S. television network ABC, the group’s agency said Thursday. The seven-piece boy band’s live performance of “100″ will be aired on ABC’s “Good Morning America” on Aug. 20 (local time), according to SM Entertainment. [...]
SEOUL, Aug. 13 (Korea Bizwire) — More than a year after Japan imposed export restrictions against South Korea, igniting a boycott movement against Japanese goods, 3 out of 4 Korean consumers said they are still participating in the boycott movement. According to a survey conducted by the Korea Broadcast Advertising Corp. of 1,000 Koreans from [...]
SEOUL, Aug. 12 (Korea Bizwire) — South Korea and Japan are in talks over ways to ease coronavirus entry restrictions for business travelers, a diplomatic source said Wednesday. Last month, Seoul and Tokyo kicked off diplomatic talks on the relaxation of the restrictions based on the shared view that the countries should allow the entry [...]
SEOUL, Aug. 12 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Wednesday it has given the name Motional to its US$4 billion joint venture with Ireland-based self-driving technology startup Aptiv. In March, Hyundai set up the 50:50 joint company with Aptiv, to be headquartered in Boston, in order to test [...]
SEOUL, Aug. 12 (Korea Bizwire) — After being hit hard by the outbreak of the coronavirus, South Korea’s fashion and beauty companies are finding their feet again on the back of face masks and hand sanitizers. Home-grown innerwear maker SBW Inc. is placing bigger emphasis on the production of face masks rather than its main [...]
SEOUL, Aug. 11 (Korea Bizwire) — Chinese phones are dominating the world market for smartphones after Chinese manufacturer Huawei Technologies Co. topped global charts for the second quarter this year. Nevertheless, Chinese smartphone makers are still being dwarfed in the South Korean market. Not even Huawei, or Xiaomi Corp., the world’s fourth largest smartphone manufacturer, [...]
SEOUL, Aug. 11 (Korea Bizwire) — There are voices in South Korea arguing that the use of the term ‘illegal aliens’ is no longer appropriate. The proponents of this idea claim that it’s not desirable to stigmatize certain immigrants by using this type of term. Public health authorities revealed in late April that the number [...]
SEOUL, Aug. 11 (Korea Bizwire) — Amid ongoing controversy over the mandatory installation of surveillance cameras in hospital operating rooms to prevent medical malpractice, a local plastic surgery hospital is drawing attention as it has taken measures to enable real-time monitoring of surgical operations. BK Plastic Surgery Hospital in Seoul announced on Monday that it [...]