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Sales of Eco-friendly SUVs on Rise

Sales of Eco-friendly SUVs on Rise

SEOUL, Jan. 12 (Korea Bizwire) — Sales of eco-friendly SUVs, including ones powered by hydrogen, jumped last year as fuel and environment-conscious customers increasingly opted for such cars, industry data showed Sunday. According to the Korea Automobile Manufacturers’ Association (KAMA), some 48,700 eco-friendly SUVs were sold here last month, accounting for 8.5 percent of the [...]

Sales of Shinsegae Department Store’s Gangnam Branch Surpass 2 tln Won in 2019

Sales of Shinsegae Department Store’s Gangnam Branch Surpass 2 tln Won in 2019

SEOUL, Jan. 7 (Korea Bizwire) — Shinsegae Department Store, one of South Korea’s leading retailers, said Tuesday that its outlet in Gangnam, an affluent area in southern Seoul, reported 2 trillion won (US$1.7 billion) in accumulated sales last year. It marks the first time for a single department store branch to achieve the milestone, the [...]

Samsung Ships Over 6.7 mln Galaxy 5G Smartphones in 2019

Samsung Ships Over 6.7 mln Galaxy 5G Smartphones in 2019

SEOUL, Jan. 3 (Korea Bizwire) — Samsung Electronics Co. said Friday it shipped more than 6.7 million Galaxy 5G smartphones last year, solidifying its top dog status in the global 5G handset market. With solid shipment performance, Samsung said it accounted for 53.9 percent of the global 5G smartphone market as of November 2019, citing [...]