PYEONGCHANG, South Korea, Dec. 15 (Korea Bizwire) – With the winter season in full swing, ski resorts in Gangwon Province drew over 10,000 skiers and snowboarders on December 15, as visitors took to the slopes to enjoy the holiday weekend. Notable resorts such as Phoenix Pyeongchang and Mona Yongpyong, which opened on November 29, [...]
SEOUL, Dec. 13 (Korea Bizwire) – Amid growing geopolitical and economic uncertainties, including escalating U.S.-China tensions and the anticipated inauguration of Donald Trump’s second term, South Korea’s major corporations are conducting high-level strategy meetings to fine-tune their business plans for 2024. Samsung Electronics to Focus on Core Competitiveness Samsung Electronics will host its biannual Global [...]
SEOUL, Dec. 13 (Korea Bizwire) – A new analysis has revealed that Japan stands as South Korea’s strongest competitor in global exports, with the two countries sharing nine out of their top 10 export items. According to a report titled “Analysis of Global Competition Trends in Top 10 Export Items” released by the Korea Trade-Investment Promotion [...]
SEOUL, Dec. 13 (Korea Bizwire) – Amid disruptions to mobile networks during large-scale protests calling for the impeachment of the president, older smartphones equipped with terrestrial DMB (Digital Multimedia Broadcasting) technology have become unexpectedly essential. The technology, which allows users to watch live broadcasts without relying on mobile networks, is gaining renewed attention for its [...]
SEOUL, Dec. 13 (Korea Bizwire) – With South Korea’s bottled water industry facing growing competition, Coca-Cola Beverage is making its bid for the premium segment with a new product launch, adding another player to an increasingly crowded market where longtime leader Jeju Samdasoo has seen its market share slip below 40%. Coca-Cola announced on December 12 [...]
SEOUL, Dec. 13 (Korea Bizwire) — South Korean tech giant Samsung Electronics Co. said Friday it will launch an “extended reality” (XR) headset jointly developed with Alphabet Inc.’s Google and Qualcomm Inc. in global markets next year. The extended reality headset is part of wearable devices to be powered by the new version of Google’s [...]
SEOUL, Dec. 13 (Korea Bizwire) — President Yoon Suk Yeol’s approval rating fell to a record low of 11 percent, a survey showed Friday, amid growing public backlash over his martial law declaration last week. According to the survey conducted by Gallup Korea on 1,002 adults aged over 18 from Tuesday to Thursday, positive assessment [...]
SEOUL, Dec. 13 (Korea Bizwire) – Coupang announced on December 12 the launch of a “Safety Mark” system to help customers identify official communications from the company and prevent phishing scams. The Safety Mark will appear on text messages sent from Coupang’s official customer service number (1577-7011) and includes the company’s logo, a shield symbol [...]
SEOUL, Dec. 13 (Korea Bizwire) – South Korean investors are increasingly turning to gold as a safe-haven asset, driven by a combination of domestic political turbulence and international geopolitical tensions. The trend comes as gold prices show signs of rebounding after a brief November dip, bolstered by news of renewed Chinese gold purchases following October’s record [...]
LOS ANGELES, Dec. 13 (Korea Bizwire) – As the gaming industry prepares for The Game Awards (TGA), often called the Oscars of gaming, South Korea’s hopes rest on a single nominee, while Asian developer are making unprecedented gains in the prestigious competition. According to the TGA jury, Stellar Blade, developed by South Korean studio Shift Up [...]