SEOUL, Dec. 19 (Korea Bizwire) – The Korea Institute of Science and Technology (KIST) announced on December 18 that its team, led by senior researcher Kwak Sona from the Intelligent Interaction Research Center, received the top award in the Innovative Prototype category at the International Conference on Social Robotics (ICSR). Their winning entry, the oOoBOT, [...]
SEOUL, Dec. 19 (Korea Bizwire) – The Korea Consumer Agency (KCA) announced on December 18 that domestic brands demonstrated superior value for money in a comprehensive quality and safety evaluation of 10 wireless headphone models currently available in the market. The evaluation covered a wide range of models across different price points and countries of origin: [...]
SEOUL, Dec. 18 (Korea Bizwire) — Samsung Electronics Co. will unveil its new home appliances lineup powered by artificial intelligence (AI) technology at the upcoming CES next month, the company said Wednesday. The lineup, comprising the new Bespoke refrigerator, washer and dryer applied with AI home solutions, will be showcased at CES 2025, set to [...]
SEOUL, Dec. 13 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. said Friday it will launch an “extended reality” (XR) headset jointly developed with Alphabet Inc.’s Google and Qualcomm Inc. in global markets next year. The extended reality headset is part of wearable devices to be powered by the new version of Google’s [...]
SEOUL, Dec. 11 (Korea Bizwire) – LG Electronics has introduced six new products in its “LG Comfort Kit” lineup, enhancing accessibility for individuals with disabilities and senior citizens. The Comfort Kit, first launched in March this year, is a pioneering effort in the appliance industry, designed to make home appliances more user-friendly for people of [...]
SEOUL, Dec. 10 (Korea Bizwire) – South Korean electronics manufacturers are closely monitoring potential trade policy shifts as President-elect Donald Trump continues to emphasize the importance of high tariffs on Korean-made washing machines. Industry observers are particularly concerned about Trump’s campaign promise to impose a universal 10-20% tariff on all imports, which could affect the entire range [...]
SEOUL, Dec. 9 (Korea Bizwire) – In a significant pivot toward the world’s most populous nation, South Korean corporate powerhouses are intensifying their focus on India, seeing it as both an antidote to their China-dependent supply chains and a promising frontier for growth. Companies like Samsung Electronics, LG Electronics, and Hyundai Motor are expanding their footprint [...]
SEOUL, Dec. 5 (Korea Bizwire) – CJ OnStyle, a major South Korean online retailer, has identified “newmiliar” as the defining consumer trend of 2024, describing a preference for products that combine familiarity with innovative twists. The term “newmiliar,” a portmanteau of “new” and “familiar,” emerged from the company’s analysis of sales data across its most popular [...]
SEOUL, Nov. 29 (Korea Bizwire) – Major South Korean pay TV operators are implementing voluntary retirement programs amid deteriorating business conditions, drawing criticism for shifting the burden of financial challenges onto workers. Following LG HelloVision, the country’s largest cable TV operator by subscribers, both Skylife and HCN have announced voluntary retirement plans. Skylife revealed its program during [...]
SEOUL, Nov. 28 (Korea Bizwire) — Samsung SDI Co., a battery and electronic materials manufacturing unit under Samsung Group, said Thursday it has appointed Choi Joo-sun, head of Samsung Display Co., as its new CEO as part of the group’s leadership reshuffle. Choi, 61, began his career as an engineer in a memory chip development [...]