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Multi-brand Cosmetic Shops Expand Presence in S. Korea

Multi-brand Cosmetic Shops Expand Presence in S. Korea

SEOUL, Apr. 28 (Korea Bizwire) — Cosmetic shops that sell various brands under one roof have steadily expanded their presence in South Korea, giving sophisticated customers more options, according to industry officials Thursday. AmorePacific Co., South Korea’s No. 1 cosmetic company, operates about 1,350 multi-brand stores, called “Aritaum,” nationwide, which offer a wide selection of [...]

New Budget Version of Samsung Galaxy Series Targets China and India

New Budget Version of Samsung Galaxy Series Targets China and India

SEOUL, April 18 (Korea Bizwire) – South Korea’s smartphone makers are rushing to introduce new budget phones as part of efforts to secure a meaningful share of the world’s most important smartphone markets, with competition becoming increasingly heated. On April 17, industry sources revealed that Samsung will release the Galaxy C, a new variant of [...]

Tesla Motors Completes Registration of Corporate Entity in S. Korea: Sources

Tesla Motors Completes Registration of Corporate Entity in S. Korea: Sources

SEOUL, Dec. 21 (Korea Bizwire) — Tesla Motors Co. seems to be ramping up its move to enter the South Korean market as it has recently completed registration of a corporate entity that will lead the sales of its popular electric vehicles here, industry sources said Friday. According to the sources, Tesla Motors, based in [...]

Samsung’s VR Device Sold Out in One Day

Samsung’s VR Device Sold Out in One Day

SEOUL, Nov. 25 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. said Wednesday its virtual reality (VR) device sold out in one day after the debut on its home turf with its relatively cheap price wooing customers. The initial number of 2,000 Samsung Gear VR devices has been sold out, it said. The [...]

Samsung SDI Sets Up EV Battery Plant in China

Samsung SDI Sets Up EV Battery Plant in China

SEOUL, Oct. 22 (Korea Bizwire) — Samsung SDI Co., the battery-making unit of South Korea’s top conglomerate Samsung Group, said Thursday it has started running its first electric-vehicle (EV) battery production line in China, as it seeks to tap deeper into what could be the world’s biggest EV market. Samsung SDI held a dedication ceremony [...]

New ‘Nanta’ Theater Opens in Seoul’s ‘Hongdae’ Area

New ‘Nanta’ Theater Opens in Seoul’s ‘Hongdae’ Area

SEOUL, Oct. 16 (Korea Bizwire) – A new exclusive theater for the long-running Korean non-verbal play “Nanta” opened in the trendy neighborhood of Hongik University in western Seoul, usually known as “Hongdae” for short, the show’s producer said Friday. The opening brought the number of exclusive theaters for the show to five — three in [...]