Seoul, Korea, Jul. 21 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that the company, together with Ericsson, the world-renowned telecommunications technology and service provider, successfully demonstrated the Elastic Cell technology on July 21. The technology, demonstrated for the first time in the world, is expected to become a key enabler for 5G. Elastic [...]
IRVINE, Calif., Jul. 17 (Korea Bizwire) – Kia Motors has built a reputation for world-class design over the last several years, and recently, the Industrial Designers Society of America (IDSA) has added to the Korean brand’s renown with a pair of prestigious design awards. Kia received International Design Excellence Awards (IDEA) in the transportation category [...]
FOUNTAIN VALLEY, July 17 (Korea Bizwire) – The all-new 2015 Sonata is rated as one of the safest cars on the road today. The 2015 Sonata was named a 2014 TOP SAFETY PICK+, when equipped with optional forward collision warning, by the Insurance Institute of Highway Safety (IIHS). Available with a host of active safety [...]
Seoul, Jul. 17 (Korea Bizwire) — Samsung Printers and Multi-function Printers (MFPs) have won seven awards for Outstanding Achievement at the Buyers Laboratory (BLI) 2014 Summer Pick Awards. Samsung Electronics announced that its printers and Multi-function Printers (MFPs) have won seven awards for Outstanding Achievement at the Buyers Laboratory (BLI) 2014 Summer Pick Awards. The [...]
SEOUL, July 11 (Korea Bizwire) – A study said as many as 47 percent of Korea’s 167,000 millionaires with net financial assets in excess of 1 billion won (about US$987,000) reside in Seoul (as of end of 2013). According to a report “Korea’s Rich People” published recently by KB Financial Group Management Institute, most of the [...]
SEOUL, July 9 (Korea Bizwire) — “1theK” (pronounced as “wonder kay”), the YouTube K-pop channel, said on July 8 that it broke the 1-billion viewer number and unveiled a video “Thank You for 1 Billion Views” celebrating the milestone. 1theK aims to create a wider fan base for K-pop songs and other entertainment contents among global audiences. [...]
SEOUL, July 9 (Korea Bizwire) — LS Cable & System succeeded in winning an order to supply electric cables to Italy, the first among non-European suppliers. The company said on July 8 that it would supply cables worth 6 million euros (US$8.17 million) to Terna S.p.A., an Italian electricity transmission system operator. The aerial cables that LG [...]
SEOUL, July 5 (Korea Bizwire) – A gigantic cinema screen at Lotte Cinema’s Super Plex G attempts to beat the Guinness World Records as the world’s largest screen. The screen of the multiplex cinema which will open at the Lotte Cinema World Tower, boasts its unparalleled size in the industry: With 622 seats — the [...]
SEOUL, July 4 (Korea Bizwire) – The Ministry of Culture, Sports and Tourism and the Korea Creative Content Agency said on July 3 that they lent support to Korean fashion brands participating in the 86th Pitti Uomo, one of the world’s most important platforms for men’s clothing and accessory collections, in Italy’s Florence for four days between June [...]
SEOUL, July 3 (Korea Bizwire) – LG Chem will build an electric vehicle battery plant in China’s Nanjing, the third plant after Cheongju (Korea) and Holland (Michigan, U.S.). The company held a signing ceremony at its LG Twin Tower in Yoido, Seoul, on July 2 with high-ranking officials from the Nanjing city government. The ceremony was attended [...]