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South Korean Consumers Prioritize Value in Shopping Amid High Inflation

South Korean Consumers Prioritize Value in Shopping Amid High Inflation

SEOUL, Apr. 24 (Korea Bizwire) –As high inflation persists, a majority of South Korean consumers are scouring various channels for information and prioritizing value-for-money products before making purchases, according to a survey conducted by the Korea Consumer Agency. The agency announced on April 24 the findings from an online survey conducted last month examining consumer [...]

LG Electronics Teams Up with National Rehabilitation Center to Improve Appliance Accessibility

LG Electronics Teams Up with National Rehabilitation Center to Improve Appliance Accessibility

SEOUL, April 24 (Korea Bizwire) – LG Electronics announced on April 24 that it has forged a partnership with the National Rehabilitation Center to improve the accessibility of its home appliances, ensuring that people of all ages and abilities can use the products with ease. Through a memorandum of understanding signed on the same day, LG [...]

Survey Finds Overwhelming Support for Asset Sharing Among Married Couples in South Korea

Survey Finds Overwhelming Support for Asset Sharing Among Married Couples in South Korea

SEOUL, Apr. 24 (Korea Bizwire) – More than 9 out of 10 users of KakaoPay, a popular mobile payment service in South Korea, believe that married couples should share at least a portion of their assets, according to a recent poll conducted by the company. KakaoPay revealed on April 23 the results of a survey conducted [...]

Hyundai Unveils ‘N Performance Garage’ for Tuning Enthusiasts

Hyundai Unveils ‘N Performance Garage’ for Tuning Enthusiasts

SEOUL, Apr. 24 (Korea Bizwire) – Hyundai Motor Company has announced that it is opening an offline tuning platform called the ‘N Performance Garage’ in Cheonan-gu, Yongin, Gyeonggi Province, to provide a new tuning culture experience.  The N Performance Garage is an official tuning specialty shop for Hyundai’s high-performance ‘N’ brand, featuring a display of the [...]

Hyundai Brings Cooling Film Technology to Drivers in Pakistan

Hyundai Brings Cooling Film Technology to Drivers in Pakistan

SEOUL, Apr. 22 (Korea Bizwire) –Hyundai Motor Company is offering Pakistani drivers some relief from the region’s scorching summer temperatures through an innovative nanotechnology that drastically reduces interior vehicle heat without tinted windows. The South Korean automaker launched a campaign called “Made Cooler by Hyundai” this month to install its proprietary “nano cooling film” on [...]

Nexon’s Dungeon & Fighter Mobile Set to Launch in Chinese Market in May

Nexon’s Dungeon & Fighter Mobile Set to Launch in Chinese Market in May

SEOUL, Apr. 22 (Korea Bizwire) – South Korea’s online gaming giant Nexon Co. said Monday it will release a mobile version of its smash-hit title, Dungeon & Fighter, in China next month. Dungeon & Fighter Mobile will hit the Chinese market on May 21 and be operated by local game publisher Tencent Games, according to [...]

Study Estimates Internet Providers Offer 506 Billion Won in Benefits to Netflix Users

Study Estimates Internet Providers Offer 506 Billion Won in Benefits to Netflix Users

SEOUL, Apr. 22 (Korea Bizwire) – A new study suggests that network operators, including telecommunications companies, provide benefits worth an estimated 506 billion won annually to Netflix users in South Korea. The research paper titled “An Empirical Study on the Benefits Provided by Internet Service Providers (ISPs) to Over-the-Top (OTT) Service Users,” authored by Professor Byun [...]

Kia Introduces Personalized Themes for In-Vehicle Displays in North America

Kia Introduces Personalized Themes for In-Vehicle Displays in North America

SEOUL, Apr. 22 (Korea Bizwire) – Kia Motors has launched a new service in the North American market that allows customers to customize the design of their vehicle’s cluster and infotainment displays according to their preferences. Ahead of the start of the NBA playoffs, Kia has introduced “Display Themes” that change the visual appearance of the [...]

Hundreds of Civilians Seek Treatment at Military Hospitals Amid Doctors’ Walkout

Hundreds of Civilians Seek Treatment at Military Hospitals Amid Doctors’ Walkout

SEOUL, April 21 (Korea Bizwire) – Military hospitals nationwide have treated more than 700 civilians since opening their doors to the public at a full scale in mid-February, the defense ministry said Sunday, amid the protracted walkout by trainee doctors. Military hospital emergency rooms became fully accessible to civilians to help address concerns of health [...]

BOK Chief Suggests Potential Stabilization of Won-Dollar Exchange Rate Pending Middle East Conflict De-escalation

BOK Chief Suggests Potential Stabilization of Won-Dollar Exchange Rate Pending Middle East Conflict De-escalation

WASHINGTON, April 19 (Korea Bizwire) – The won-dollar exchange rate may move toward stabilization if tensions in the Middle East do not escalate further, the chief of South Korea’s central bank forecast Friday, noting “many uncertainties” stemming from developments in the region. Bank of Korea (BOK) Gov. Rhee Chang-yong made the prediction as concerns over [...]