SEOUL, Aug. 22 (Korea Bizwire) – SK Innovation, a leading South Korean energy and chemical company, conducted a groundbreaking oil spill response drill on August 20 at its SK pier near the Ulsan Complex, the company announced on August 21. This marks the first time a private company in South Korea has employed robotics in such [...]
SEOUL, Aug. 22 (Korea Bizwire) –Kia Motors, the South Korean automaker, announced on August 21 a comprehensive plan to address safety concerns and boost customer confidence in its electric vehicles (EVs). The initiative, dubbed the Electric Vehicle Customer Care Plan, includes several key measures aimed at enhancing safety and transparency for Kia’s EV customers. Effective [...]
SEOUL, Aug. 22 (Korea Bizwire) – CJ CGV, South Korea’s largest multiplex cinema chain, announced on August 21 that its subsidiary, CJ 4DPLEX, achieved record-breaking sales last month as more moviegoers are opting for premium theater experiences like ScreenX and 4DX. CJ 4DPLEX, which operates special format theaters in 75 countries worldwide, reported global box office [...]
SEOUL, Aug. 21 (Korea Bizwire) – Samsung Electronics has made a bold statement at Gamescom 2024, the world’s largest gaming exhibition, by unveiling a range of cutting-edge gaming monitors. The event, running from August 21 to 25 in Cologne, Germany, has attracted about 1,400 hardware, software, and game content producers. In its largest exhibition space to [...]
SEOUL, Aug. 21 (Korea Bizwire) – In a bold fusion of tradition and technology, a new ‘K-convenience store’ has opened its doors in Seoul’s historic Insadong district, offering visitors a unique blend of Korean culture and cutting-edge retail experiences. GS Retail, the operator of the GS25 convenience store chain, unveiled its latest venture, Ground Blue 49, [...]
SEOUL, Aug. 21 (Korea Bizwire) – While South Korea’s beer and whisky markets have recently experienced a downturn, Japanese products are bucking the trend with growing popularity, according to recent customs data. From January to July ofthis year, imports of Japanese beer surged to $37.77 million, a 66% increase compared to the same period last year, [...]
SEOUL, Aug. 21 (Korea Bizwire) – Kim, a Seoul resident who has long avoided dental check-ups, recently began exploring dental insurance options after experiencing swollen gums and sensitive teeth. With individual inlays and crowns costing hundreds of thousands of won, the potential treatment expenses are daunting. However, Kim faces an ethical dilemma after hearing advice from [...]
SEOUL, Aug. 21 (Korea Bizwire) – Hyundai Rotem, a leading South Korean railway equipment manufacturer, has reported a record-breaking order backlog in its rail division, securing approximately eight years of work ahead. The company is now setting its sights on additional high-speed rail contracts while reinforcing its production facilities to ensure timely deliveries. As of the [...]
SEOUL, Aug. 21 (Korea Bizwire) – In the wake of electric vehicle (EV) fire controversies, lithium iron phosphate (LFP) batteries are gaining attention in the global market. Known for their stability and cost-effectiveness, LFP batteries are seeing steady demand compared to their premium counterparts, nickel-cobalt-manganese (NCM) batteries. However, South Korean battery manufacturers find themselves in a [...]
SEOUL, Aug. 21 (Korea Bizwire) — The combined market share of electric vehicles produced by South Korea’s Hyundai Motor Co. and Kia Corp. in the United States ranked second in the January-July period, outperforming local manufacturers Ford Motor Co. and General Motors Co., an industry report showed Wednesday. In the report from Automotive News, citing [...]