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First Look: Four Seasons Hotel Seoul Prepares to Welcome the World This Fall

First Look: Four Seasons Hotel Seoul Prepares to Welcome the World This Fall

SEOUL, South Korea, Aug. 4 (Korea Bizwire) – The countdown is on for the year’s most highly anticipated opening as Four Seasons puts the final touches of perfection on its first location in Korea: the future of luxury hospitality as embodied in the all-new Four Seasons Hotel Seoul. With the promise of exceptional accommodations, an incredible [...]

Netmarble Games to Invest $130 Million in SGN, the Fastest Growing Major U.S. Mobile Games Studio

Netmarble Games to Invest $130 Million in SGN, the Fastest Growing Major U.S. Mobile Games Studio

LOS ANGELES, Jul. 23 (Korea Bizwire) — SGN, the fastest growing major U.S. mobile games studio, announced today an investment of $130 million from Netmarble Games, the number one mobile games publisher in South Korea. With this investment, Netmarble will become the largest shareholder in SGN. In this strategic partnership, SGN looks to grow their [...]

LG Bello II Brings 5MP Selfie Camera and Large 5-inch Display to 3G Markets

LG Bello II Brings 5MP Selfie Camera and Large 5-inch Display to 3G Markets

SEOUL, Jul. 20 (Korea Bizwire) ― LG Electronics (LG) will roll out its newest mid-range 3G smartphone, a competitively-priced alternative for today’s discerning smartphone buyers in 3G markets. The LG Bello II is the successor to last year’s popular L Bello and features a large display, a more powerful selfie camera and key camera features [...]

SK Telecom’s Indoor LBS Platform Wizturn Applied to Kyobo Book Center

SK Telecom’s Indoor LBS Platform Wizturn Applied to Kyobo Book Center

Seoul, Korea, Jul. 7 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that its advanced indoor location-based service (LBS) platform ‘Wizturn’ is bringing innovative changes to the O2O market by enabling the development and launch of ‘WingK,’ a new type of indoor-based service  for Korea’s largest bookstore chain Kyobo Book Center. Wizturn (www.wizturnhub.com) is SK [...]

POSCO Attracts KRW1.24tn of Foreign Investment Through Sale of POSCO E&C Stake

POSCO Attracts KRW1.24tn of Foreign Investment Through Sale of POSCO E&C Stake

SEOUL, Jul. 2 (Korea Bizwire) — POSCO signed a Share Purchase Agreement (“SPA”) with the Public Investment Fund (“PIF”) of Saudi Arabia for sale of POSCO E&C shares. The transaction brings in KRW1.24 trillion of foreign investment into Korea. On June 15, 2015, POSCO Chairman Kwon Oh-joon and PIF Secretary General Abdulrahman M. Al Mofadhi [...]

LG Encourages Consumers to “Consume with Care” on World Environment Day

LG Encourages Consumers to “Consume with Care” on World Environment Day

SEOUL, Jun. 5 (Korea Bizwire) ― To commemorate its sixth year of collaboration with the United Nations Environment Programme (UNEP), LG Electronics (LG) will mark the occasion with a global employee volunteer program to start on World Environment Day (WED), June 5. World Environment Day (www.unep.org/wed) was established by the United Nations General Assembly in [...]