Seoul, Korea, Jan. 28 (Korea Bizwire) – SK Telecom (NYSE:SKM) today announced that it joined the Open Compute Project (OCP), a community-led initiative for open source hardware and data center design. SK Telecom is committed to play a pivotal role in the newly created OCP Telco Project by making collaborative efforts with other global leading [...]
SEOUL, Jan. 13 (Korea Bizwire) ― LG Electronics (LG) today announced plans to significantly expand its solar energy solution business with a multimillion dollar investment to expand its solar panel manufacturing capabilities in South Korea. LG entered into a memorandum of understanding with the Korean city of Gumi to invest USD 435 million (KRW 527.2 [...]
Daejeon, KOREA, Dec. 22 (Korea Bizwire) – A 5G future is no longer a distant one, but an upcoming reality. High quality videos of more than 10Mbps can be served simultaneously to 100 users even in a train running at up to 500km/h. People can experience data rates that are 100 times faster than currently [...]
SEOUL, Dec. 17 (Korea Bizwire) – LG Electronics (LG) announced today that the company’s first-ever Super Bowl commercial will be produced by Ridley Scott’s production company, RSA Films. Jake Scott will direct the spot that showcases LG’s widely acclaimed OLED TV technology. As part of the company’s aggressive marketing effort, LG’s Super Bowl 50 commercial [...]
SEOUL, Dec.14 (Korea Bizwire) – The majority of those who were promoted from rank and file workers to executive positions at the Samsung Group selected the new K7 from Kia Motors as their first company car. According to Samsung Group, 197 employees were promoted to executive positions on December 4. Company cars are provided to [...]
SEOUL, Dec.9 (Korea Bizwire) – A parody video of North Korea’s founding father Kim Il-sung, the late leader Kim Jong-il and current leader Kim Jong-un dancing is gaining popularity on YouTube. The 25 second long video clip named ‘I got it from my ABAY (meaning ‘father’ in North Korean)’ had reached 171,013 views as of [...]
FOUNTAIN VALLEY, Calif., Dec. 9 (Korea Bizwire) – Hyundai is continuing its love of football and celebration of fan passion by building on its NFL sponsorship, signing deals with two NFL teams – the Minnesota Vikings and Pittsburgh Steelers. “Hyundai is not only connecting with football fans at a national level, but in the community [...]
SEOUL, Nov. 25 (Korea Bizwire) — Asia’s largest cultural center that is expected to provide a window into pan-Asian culture will open in the southwestern city of Gwangju later this week, the organization running the center announced on Tuesday. The Asia Culture Center (ACC) was partially opened to the public in September, but its entirety [...]
“Some people have argued there was no big issue, but this is because most of the critical bilateral matters such as the transfer of wartime operational control of South Korean troops and cost sharing for U.S. forces on the Korean Peninsula have all been resolved in advance.” – a Cheong Wa Dae insider who spoke [...]
SEOUL, Oct. 13 (Korea Bizwire) – A new piece of art created through a sponsorship from Hyundai Motors is being exhibited at Tate Modern in England. Hyundai Motor opened the ‘Hyundai Commission 2015′ at Tate Modern, an international museum of modern art located in London, England. The exhibit continues until April 3, 2016, and introduces [...]