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Supercar Brands Eye Fast-growing S. Korean Market

Supercar Brands Eye Fast-growing S. Korean Market

SEOUL, Nov. 26 (Korea Bizwire) — Lamborghini and other foreign supercar makers are ramping up efforts to tap the fast-growing South Korean market by unveiling new models, industry sources said Monday. Italian supercar brand Lamborghini recently held a Lamborghini Day event in Seoul to share its brand vision, strategy and plans with journalists and customers. [...]

S. Korean 7-Eleven Starts Unmanned Locker Service

S. Korean 7-Eleven Starts Unmanned Locker Service

SEOUL, Nov. 25 (Korea Bizwire) — South Korea’s 7-Eleven said Sunday that it has started offering unmanned locker space services to users as part of its effort to diversify operations and generate more profits for its convenience stores. The Seven Locker trial operations started at two stores in Seoul’s Hongdae and Jongno districts, with the [...]

Renault Opens Asia-Pacific Test Center in Daegu

Renault Opens Asia-Pacific Test Center in Daegu

SEOUL, Nov. 23 (Korea Bizwire) — Renault S.A.’s first vehicle test center for the Asia-Pacific region has opened in Daegu, South Korea. Renault will hold an opening ceremony for the center on Friday and begin operations. The Renault vehicle test center will be responsible for testing the reliability of new vehicles before they are exported [...]

Hyundai to Supply 30 Hydrogen Buses to Six Cities Next Year

Hyundai to Supply 30 Hydrogen Buses to Six Cities Next Year

SEOUL, Nov. 21 (Korea Bizwire) — Hyundai Motor Co. said Wednesday it will supply 30 hydrogen-powered buses to six major South Korean cities next year in a move to promote the zero-emission vehicles. In the pilot project, the 30 environment-friendly hydrogen electric fuel cell buses will be used for public transportation in Seoul, Ulsan, Gwangju, [...]

Samsung Expected to Adopt ‘Punch Hole’ Display for Galaxy S10

Samsung Expected to Adopt ‘Punch Hole’ Display for Galaxy S10

SEOUL, Nov. 20 (Korea Bizwire) — Samsung Electronics Co. is expected to adopt a full-screen display for the upcoming flagship Galaxy S10 smartphone that will come with a “punch hole” at the top for the camera, industry sources said Tuesday. According to the sources, including popular tech blogger Evan Blass, Samsung’s Galaxy S10 smartphone is [...]

SK Innovation Mulls Building Car Battery Plants in U.S., Europe

SK Innovation Mulls Building Car Battery Plants in U.S., Europe

SEOUL, Nov. 14 (Korea Bizwire) — SK Innovation Co., a South Korean energy-to-construction conglomerate, said Wednesday that it is considering building electric vehicle battery plants in the United States and Europe to meet growing demand for zero-emissions cars. SK Innovation said up to four unidentified areas have been shortlisted for its first plant in the [...]

Lotte Mart Adopts QR Codes to Increase Synergy

Lotte Mart Adopts QR Codes to Increase Synergy

SEOUL, Nov. 12 (Korea Bizwire) — Lotte Mart announced on Sunday that it will adopt QR codes for all merchandise being sold at the store, which will allow customers to use their smartphones to access detailed information as well as customer reviews about each product. The company will also provide online ordering services to customers [...]

Samsung Electronics to Release First Foldable Smartphone in March: Sources

Samsung Electronics to Release First Foldable Smartphone in March: Sources

SEOUL, Nov. 12 (Korea Bizwire) — Samsung Electronics Co. plans to launch its first foldable smartphone in March, along with a fifth-generation (5G) network-powered Galaxy S10, industry sources said Monday. According to the sources, the South Korean tech giant plans to unveil the flagship Galaxy S10 smartphone in February, followed by the presumed foldable Galaxy [...]

Vietnamese PM Calls for SK Group’s Investment in Privatization of State Firms

Vietnamese PM Calls for SK Group’s Investment in Privatization of State Firms

SEOUL, Nov. 9 (Korea Bizwire) — Vietnamese Prime Minister Nguyen Xuan Phuc has asked the chairman of South Korea’s SK Group to participate in the privatization of state-owned companies in one of the world’s fastest growing economies, the conglomerate said Friday. “We will spare no effort in providing comprehensive assistance in cooperation with SK,” Phuc [...]