SEOUL, March 3 (Korea Bizwire) — Samsung Electronics has kept its top position in India’s refrigerator market while boasting an impressive double-digit annual growth rate for two consecutive years. As of last month, the South Korean electronics giant’s market share accounted for 30.7 per cent of all refrigerator sales in India., according to the Korea [...]
SEOUL, Dec. 26 (Korea Bizwire) – Doosan Heavy Industries & Construction Co., South Korea’s top power equipment maker, said Monday that it has won an order, potentially worth over 2.7 trillion won (US$2.25 billion), to build two thermal power plants in India. The company has yet to officially sign the deal but said it has [...]
SEOUL, Nov. 9 (Korea Bizwire) – South Korea and India on Wednesday launched a joint investment platform to deepen economic ties and corporate investments between the two nation. The investment facilitation team, called “Korea Plus,” was established after President Park Geun-hye and Indian Prime Minister Narendra Modi agreed to expand bilateral economic relations in their [...]
MUMBAI, INDIA, Oct. 26 (Korea Bizwire) – Brocade (NASDAQ: BRCD) today announced that BookMyShow, India’s largest online entertainment ticketing brand, has successfully completed its migration to a New IP network optimized for application performance. The Brocade® solution deployment has further enhanced the booking experience offered by BookMyShow by enabling it to better handle increasing peak [...]
NEW DELHI, June 27 (Korea Bizwire) – A month-long ‘K-Pop Contest’ that is being held in eight cities across India has finally taken off. The event was organized by the Korean Cultural Centre India (KCCI) for the fifth time since 2012. A total of 200 teams, with 434 contestants, will compete this year in two [...]
BUSAN, June 23 (Korea Bizwire) – On Jun 21, three naval vessels from the Indian Navy made port at the dock of the Naval Operational Command in Busan after participating in a combined military exercise with the United States. And today, June 23, three other naval ships, this time from the Chinese Navy, also arrived [...]
SEOUL, June 17 (Korea Bizwire) – LG Electronics unveiled Thursday a new television called the Mosquito Away TV, targeting 1.2 billion Indian consumers. The Mosquito Away TV repels mosquitos by emitting ultrasonic waves that mosquitos are known to find intolerable. LG took into account India’s concerns over mosquito-related diseases such as malaria, dengue fever, and [...]
SEOUL, May 19 (Korea Bizwire) – Following Nissan, Suzuki is also facing allegations regarding emissions manipulation. Suzuki is the market leader in India, followed by Hyundai, and experts say the controversy could provide Hyundai with momentum to catch up to its competitor on Indian soil. According to the experts, India is one of the new [...]
SEOUL, May 12 (Korea Bizwire) – South Korea’s top tech firm Samsung Electronics Co. maintained its status as the No. 1 player in the Indian smartphone market in the first quarter of the year, data showed Thursday, boasting strong sales from the mid-end segment to long-term evolution (LTE) models. The South Korean firm took up 25.1 [...]
NEW DELHI, May 11 (Korea Bizwire) – The Korean Embassy and the Korean Culture Center in India have been holding a quiz competition for locals on subjects related to Korea, its history, and culture. The competition, in which 12,000 contestants participated, has been ongoing for the past month. The Korean Culture Center collaborated with 50 [...]