SEOUL, Aug. 14 (Korea Bizwire) — South Korean tennis player Chung Hyeon has cracked the top 50 in the men’s world rankings for the first time. Chung jumped seven spots to reach a career-high No. 49 in the Association of Tennis Professionals (ATP) world rankings released on Monday. Chung’s previous high had been No. 51 [...]
SEOUL, Aug. 14 (Korea Bizwire) — EXO’s “The War” has sold more than 1 million copies in less than one month, becoming the boy band’s fourth “million seller” record, its agency said Monday. The Korean and Chinese versions of EXO’s fourth full-length album have sold a combined 1.01 million copies to date, according to S.M. [...]
SEOUL, Aug. 13 (Korea Bizwire) — A Korean film about a pro-democracy uprising in the country has surpassed 6.5 million in attendance as of the 11th day of its run, the film’s distributor said Saturday. “A Taxi Driver” hit the threshold Friday, becoming the fastest film to reach the milestone this year, according to Showbox. [...]
SEOUL, Aug. 11 (Korea Bizwire) — The King Sejong Institute, a state-run Korean language education center, said Friday the number of subscribers on its online-learning website has surpassed 100,000. The subscriber volume for Nuri-Sejonghakdang (www.sejonghakdang.org), which stood at 60,000 in 2015, reached the milestone in just about 1 1/2 years, according to the institute. Launched [...]
SEOUL, Aug. 7 (Korea Bizwire) — Daewoo Engineering & Construction Co., a major South Korean builder, said Monday that it has clinched a US$963 million deal to build process units of refinery facilities in Oman. Under the deal with Duqm Refinery Petrochemical Industries Co., a joint venture between Daewoo Engineering and Tecnicas Reunidas of Spain [...]
SEOUL, Aug. 6 (Yonhap) — SK Engineering & Construction Co., a South Korean builder, said Sunday that it has signed a US$1.6 billion deal with an Iranian company to carry out an oil refinery modernization project. Under the agreement with Tabriz Oil Refining Co., an affiliate of Parsian Oil and Gas Development Group Co., the [...]
SEOUL, Aug. 2 (Korea Bizwire) — Daewoo Shipbiulding & Marine Engineering Co., a major shipyard here, handed over a 1,400-ton diesel-electric submarine to the Indonesian Navy on Wednesday, becoming the first South Korean company to export a submarine. The company said it held a ceremony at its Okpo shipyard on Geoje Island off the southern [...]
SEOUL, Aug. 1 (Korea Bizwire) — Samsung Electronics Co. said Tuesday its Galaxy S8 and Galaxy S8 Plus smartphones won a top-level certificate from an environmental evaluation conducted in the United States. The South Korean tech giant said the smartphones won the Gold rating from the Electronic Product Environmental Assessment Tool (EPEAT), approved by the [...]
SEOUL, Jul. 28 (Korea Bizwire) — Samsung Electronics Co. emerged as the world’s No. 1 chipmaker in terms of sales and operating profits in the second quarter, beating behemoth Intel Corp. market data showed Friday. The rise of Samsung is significant as Intel has been standing as the leading computer chip producer for some 24 [...]
SEOUL, Jul. 26 (Korea Bizwire) — LG Electronics Inc. said Wednesday it received a safety certificate from a U.S. evaluator for the high-end LG Signature home appliances. The South Korean tech giant said the approval was granted by U.S.-based safety certification firm Underwriter Laboratories on four premium Signature products — organic light-emitting diode (OLED) TV, [...]