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Samsung Unhappy Despite Robust Foldable Smartphone Sales

Samsung Unhappy Despite Robust Foldable Smartphone Sales

SEOUL, Oct. 11 (Korea Bizwire) — Samsung Electronics Co. doesn’t look that happy despite higher than expected sales of its new foldable smartphones primarily because the company is having difficulty satisfying robust demand due to a global chip shortage. The combined domestic sales of the Galaxy Z Fold3 and the Galaxy Z Flip3 surpassed the [...]

Demand for Logistics Warehouses Up, Large-scale Stores Down in COVID-19 Era

Demand for Logistics Warehouses Up, Large-scale Stores Down in COVID-19 Era

SEOUL, March 10 (Korea Bizwire) — In the midst of the rapid growth of the e-commerce market resulting from the COVID-19 pandemic, the demand for logistics warehouses that are needed for storing, loading, unloading and sorting cargo is growing at a healthy pace. The online real estate information provider Real Estate 114 analyzed the cases [...]

Demand for Processed Rice Products Up 11 pct in 2019

Demand for Processed Rice Products Up 11 pct in 2019

SEOUL, Jan. 21 (Korea Bizwire) — Local retail sales of processed rice products shot up nearly 11 percent in 2019 from a year earlier due to the growing demand from single-member households while more people opt for convenient meals, data showed Thursday. Retail sales of processed rice products, including ready-to-eat steamed rice, porridge, and noodles, [...]

Demand for Electric Cars on Jeju Island Outstrips Supply

Demand for Electric Cars on Jeju Island Outstrips Supply

SEOUL, Jul. 18 (Korea Bizwire) — Electric car manufacturers have been unable to supply promised cars to the public on time. According to the provincial government of Jeju, 1,015 new electric cars were registered on the island during a period of six months between February and July, which is just 25.3 percent of the initial [...]