SEOUL, March 28 (Korea Bizwire) — Shinsegae Group will build a massive online center for its new affiliate dedicated to the e-commerce business, its vice president said Wednesday, as the retail giant moves to cope with the rapid expansion of the country’s online market. In January, Shinsegae announced that it has signed an initial agreement [...]
SEOUL, Jan. 12 (Korea Bizwire) – With over 1 million smart speakers sold in South Korea, the battle for smart speakers is expected to intensify both at home and abroad this year. According to data from market analysis firm Strategy Analytics, the number of AI speakers released around the world during the third quarter of [...]
SEOUL, Dec. 12 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will start the streaming of videos that utilize the latest High Dynamic Range (HDR) 10 Plus technology via its premium TVs with the U.S.-based Amazon.com. Under the agreement, users of Samsung’s high-end QLED and UHD TVs can enjoy quality content through the Amazon [...]
SEOUL, NOV. 22 (Korea Bizwire) – Samsung SDS is branching out into the Chinese distribution industry after signing a business agreement with the Guangzhou Post Office. The latest move by Samsung’s information technology affiliate will see the company work with Chinese shopping websites to deliver products around the globe. According to industry statistics, China’s e-commerce market [...]
BUSAN, Oct. 16 (Korea Bizwire) – In November of last year, the Amazon-Busan Cloud Innovation and Technology Center opened its doors for the first time. Located at Dongseo University’s Centum Campus, the facility is backing a number of startups specializing in areas ranging from artificial intelligence and online gaming to the center’s main field of [...]
SEOUL, Sept. 29 (Korea Bizwire) – International online shopping giant Amazon has announced plans to help South Korean sellers with international sales. Amazon set out plans during its first press conference in South Korea dubbed the ‘Global Selling Conference’, which was held at COEX on Thursday. The international shopping giant discussed its global selling service, ‘Amazon [...]
SEOUL, April 19 (Korea Bizwire) – The chief of Amazon Web Services (AWS) Korea, the local cloud-computing service affiliate of the U.S. retail giant Amazon Inc., encouraged more businesses Wednesday to successfully make use of the on-demand network to promote their operations. “There is no need to worry whether to use or not to use [...]
SEOUL, March 17 (Korea Bizwire) – The South Korean government announced Thursday it would spend 1 trillion won (US$840 million) by 2020 to boost the artificial intelligence industry. It also plans to support the civilian-led establishment of a high-profile research center tasked with serving as a “pivot” of the nation’s research and development in the field. [...]
SEOUL, Jan.29 (Korea Bizwire) – Two leading tech giants, Apple and Facebook, seem to be in different leagues given their recent performance. With demand for smartphones on the wane, industry watchers even predicted a quarter of negative growth for Apple. On the other hand, Facebook is performing far better than market expectations. On January 27, [...]
NEW YORK CITY, Nov. 4 (Korea Bizwire) — Payoneer Inc., a leading online payments company transforming the way businesses send and receive cross-border payments, has been selected by Amazon to expand cross-border payment options to sellers from 24 countries1 who sell on marketplaces in the U.S., Spain, France, Italy, Germany and the UK. As a [...]