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Galaxy S6 Smartphones Suffer Weaker than Expected Sales in S. Korea

Galaxy S6 Smartphones Suffer Weaker than Expected Sales in S. Korea

SEOUL, Apr. 22 (Korea Bizwire) – Samsung Electronics Co.’s newest high-end smartphones – the Galaxy S6 and the Galaxy S6 Edge — are seen drawing less than expected attention from consumers, industry data showed Wednesday, casting clouds over the market’s upbeat sales estimate of over 50 million units for 2015. South Korea’s No. 1 tech [...]

Acupuncture to Reduce Facial Wrinkles Proven Effective by Clinical Trial

Acupuncture to Reduce Facial Wrinkles Proven Effective by Clinical Trial

SEOUL, Apr. 22 (Korea Bizwire) — An acupuncture technique to reduce facial wrinkles has proven to be effective following a clinical trial on 107 individuals. Doctor Joe Jin-Hyoung at Kwangdong Hospital of Traditional Korean Medicine said on April 21 that the hospital’s medical team conducted acupuncture treatments to reduce wrinkles around the eyes and mouth [...]

Busan’s Tax Revenues Jump Due to Cigarette Buying Spree and Reviving Property Market

Busan’s Tax Revenues Jump Due to Cigarette Buying Spree and Reviving Property Market

BUSAN, Apr. 21 (Korea Bizwire) — The city of Busan is expecting an additional 218.35 billion won (US$ 201.47 million) for its estimated 2014 tax revenues, due to an increase in cigarette tax revenues caused by citizens’ buying spree before the New Year’s cigarette price hike, even though Busan’s population of non-smokers has since increased. According [...]

Gov’t Vows to Fight Teen Smartphone Addiction

Gov’t Vows to Fight Teen Smartphone Addiction

SEOUL, April 13 (Korea Bizwire) — The government said Monday it will take a set of measures to tackle the problem of smartphone addiction among adolescents that has been worsening in recent years. According to a survey commissioned by the Ministry of Science, ICT, and Future Planning, 29.2 percent of the adolescents were heavily dependent [...]

Discount Phone Service Subscribers to Reach 5 Million in Korea

Discount Phone Service Subscribers to Reach 5 Million in Korea

SEOUL, Apr. 13 (Korea Bizwire) — The total number of subscribers to MVNO discount phone services in Korea is expected to surpass 5 million in this month. According to industry representatives on April 12, the number of subscribers reached 4.85 million in February, giving MVNO services an 8 percent share among the total mobile service subscribers. [...]