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S. Korean Mobile Carriers to Battle for 5G Lead at MWC

S. Korean Mobile Carriers to Battle for 5G Lead at MWC

SEOUL, Feb. 17 (Korea Bizwire) — The battle for 5G leadership is heating up among South Korean mobile carriers ahead of MWC Barcelona, the world’s largest mobile trade show set to opens its doors later this month. Following the launch of 5G services for enterprises in December, South Korean telecommunications companies have been jacking up [...]

Naver to Support Streaming 4K Video on Mobile Platforms

Naver to Support Streaming 4K Video on Mobile Platforms

SEOUL, Feb. 15 (Korea Bizwire) — Naver Corp., South Korea’s dominant Internet portal and search engine, said Friday that it plans to support streaming of 4K content on mobile platforms following the launch of fifth-generation (5G) mobile network service next month. “We will be able to support high-resolution livestreaming service as the lag time will [...]

E-Mart to Focus on Online Sales, Convenience Stores

E-Mart to Focus on Online Sales, Convenience Stores

SEOUL, Feb. 14 (Korea Bizwire) — E-Mart Inc., South Korea’s largest hypermarket chain, said Thursday that it aims to raise its online sales by 30 percent this year, and open more convenience stores. The retail giant, part of Shinsegae Group, also will further nurture its warehouse store, E-Mart Traders. The company expects its sales for [...]

Second Attempt by Samsung to Develop QD-OLED After 7-year Hiatus

Second Attempt by Samsung to Develop QD-OLED After 7-year Hiatus

SEOUL, Feb. 12 (Korea Bizwire) — With Samsung Electronics Co. investing in QD-OLED technology, which will substitute large TV panels, there is a possibility that the company will reintroduce large OLED panels after a seven-year break. Even though company officials have confirmed that nothing has been decided yet, concern about profitability will eventually lead to [...]

S. Korean Rechargeable Battery Producers Focusing on Different Markets

S. Korean Rechargeable Battery Producers Focusing on Different Markets

SEOUL, Feb. 6 (Korea Bizwire) — South Korea’s top two leading rechargeable battery producers are focusing on different markets as they strive to expand their global presence in this key industry, market watchers said Wednesday. LG Chem Ltd. and Samsung SDI Co. have been moving in different directions as the worldwide market for high-capacity batteries [...]

Hyundai, Kia Moving Global Production Facilities to Emerging Markets

Hyundai, Kia Moving Global Production Facilities to Emerging Markets

SEOUL, Feb. 6 (Korea Bizwire) — South Korea’s two largest carmakers, Hyundai Motor Co. and Kia Motors Corp., are moving their global production facilities to emerging markets in anticipation of future growth potential, industry data showed Wednesday. According to the Korea Automobile Manufacturers Association (KAMA), the two flagship companies of Hyundai Motor Group are paying [...]