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German Legal Expenses Insurance Company Shuts Down After 12 Years

SEOUL, Nov. 11 (Korea Bizwire) — A German legal expenses insurance company that chose South Korea as its first Asian market has closed down after 12 years in business. The Financial Services Commission said Wednesday that DAS Legal Expenses Insurance Co. decided to shut down and disband all businesses at a recent shareholder’s meeting, and [...]

Competition for Sensors Greater than for Smart Cars Themselves

SEOUL, Jan.10 (Korea Bizwire) – Kia Motors presented its Soul EV autonomous vehicle at CES 2016 (Consumer Electronics Show), the largest electronics exhibition in the world, which is currently being held in Las Vegas. Mercedes-Benz, Audi, Volkswagen, Ford and Toyota also presented partially autonomous vehicles or smart concept cars. However, the real competition is said [...]