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Electric Vehicles’ Share Increases in S. Korean Car Market

Electric Vehicles’ Share Increases in S. Korean Car Market

SEOUL, Jun. 6 (Korea Bizwire) – The share of electric vehicles (EV) in the sales of eco-friendly vehicles in South Korea has surpassed 20 percent for the first time this year on the back of a wide range of lineups and improved charging infrastructure, industry data showed Wednesday. A total of 5,542 EVs were sold [...]

Big Bonuses for “Battlegrounds” Developers

Big Bonuses for “Battlegrounds” Developers

SEOUL, May 1 (Korea Bizwire) — Bluehole Studio Inc. revealed its plans on Monday to distribute bonuses to the developers of the hugely popular online game “PlayerUnknown’s Battlegrounds” (PUBG for short), developed by its subsidiary PUBG Corporation. According to Bluehole, the company will pay out up to 5 billion won per employee in incentives. Bluehole [...]

‘Alas, Those Were the Days!’ S. Korea’s Fast Food Outlets Reminisce on Old Times

‘Alas, Those Were the Days!’ S. Korea’s Fast Food Outlets Reminisce on Old Times

SEOUL, Apr. 30 (Korea Bizwire) — The McDonald’s outlet at exit No. 3 of Seoul’s Shinchon Station: for many, it was more than a run-of-the-mill burger place to grab a bite to eat. “Looking for a job after graduation, I spent many hours there for group studies and mock interviews with other applicants,” said Song [...]

S. Korea’s Domestic Ramyun Sales Down in 2017: Data

S. Korea’s Domestic Ramyun Sales Down in 2017: Data

SEOUL, Apr. 23 (Korea Bizwire) — Sales of ramyun instant noodles decreased for the first time in three years in 2017 with the overall market size falling after posting steady gains, market data showed Sunday. Industry sources, citing figures released by Nielsen Korea, said total sales of the country’s leading ramyun manufacturers — Nongshim Co., [...]

Demand for Larger TVs Growing in S. Korea

Demand for Larger TVs Growing in S. Korea

SEOUL, Apr. 19 (Korea Bizwire) — The demand for larger television sets has been growing over the past few years in South Korea, industry data showed Thursday, alongside lower average prices. Industry data showed the average size of Samsung Electronics Co.’s TVs sold in the country came to 54 inches last year, up sharply from [...]