SEOUL, April 17 (Korea Bizwire) — U.S. tech giant Apple Inc. said Friday that it will reopen its sole outlet in South Korea this weekend, as the country’s coronavirus infections have slowed. The retail store, located in Seoul’s affluent southern district of Gangnam, will resume business Saturday, the company said on its website. It marks [...]
SEOUL, April 17 (Korea Bizwire) — In recent months, the air purifier industry has struggled as sales have plummeted as unprecedented clear weather continues. Fine dust, which was an uninvited guest in spring, has become an afterthought as factories around the world – and most importantly, those in China – have stopped operating. In the [...]
SEOUL, April 17 (Korea Bizwire) — With the coronavirus pandemic continuing to spread relentlessly around the globe, “untact,” or non-contact services are emerging as a new trend, and demand for robots to replace humans is also growing. The state-run Korea Trade-Investment Promotion Agency (KOTRA) said Thursday that service robots have been employed in public sanitation [...]
SEOUL, April 17 (Korea Bizwire) — An international theme park is being planned for Hwaseong, Gyeonggi Province. The Ministry of Land, Infrastructure and Transport, Korea Water Resources Corp. and Shinsegae Property Consortium — Shinsegae Property and Shinsegae Engineering & Construction — announced Thursday the signing of a contract to start the construction of an international [...]
SEOUL, April 16 (Korea Bizwire) — Seoul’s major landmarks will emit blue light until the middle of May to express gratitude to South Korean medical workers dedicated to preventing the spread of the new coronavirus outbreak, the municipal government said Thursday. Under the so-called Blue Light Campaign, the capital’s key landmarks, such as Seoul City [...]
SEOUL, April 15 (Korea Bizwire) — The South Korean government has published a second guidebook about its internationally acclaimed response to the coronavirus pandemic. The Ministry of Economy and Finance said Wednesday that the 90-page English-language document, titled “Flattening the curve on COVID-19,” aims to share with the world the nation’s social distancing guidelines, technology-powered [...]
SEOUL, April 14 (Korea Bizwire) — A shipment of South Korean-made coronavirus test kits will depart for the United States early Wednesday, officials said, under arrangements made after U.S. President Donald Trump asked for medical supplies during a phone call with President Moon Jae-in last month, Two South Korean test kit makers have signed contracts [...]
SEOUL, April 14 (Korea Bizwire) — The Army is pushing to set up a research institute for next-generation technologies, such as artificial intelligence and drones to expedite the development of “next-generation game changers,” officers said Tuesday. The military recently launched a preliminary feasibility test on the establishment of its own research center and has been [...]
SEOUL, April 13 (Korea Bizwire) — Foreigners began raking in Samsung Electronics shares, driven by the chipmaker’s better-than-expected earnings amid the coronavirus scare, data showed Monday. Offshore investors were net buyers of Samsung Electronics for four consecutive sessions from April 7-10, having purchased a net 179 billion won (US$145 million) worth of the company’s stocks [...]
SEOUL, April 13 (Korea Bizwire) – Travelers banned from going overseas due to the coronavirus pandemic are looking at domestic outdoors as an alternative destination. In particular, demand for high-end outdoor vehicles such as trailers, recreational vehicles (RVs), and yachts is increasing steadily. Experts reported that caravan sales have jumped by 30 percent since last [...]