SEOUL, March 3 (Korea Bizwire) — Samsung Electronics Co. further expanded its presence in the Latin American smartphone market last year to cement its leading status amid the novel coronavirus pandemic, a report showed Wednesday. The South Korean tech giant accounted for 40.5 percent of smartphone shipments in Latin America in 2020, up from 38 [...]
SEOUL, Feb. 26 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, said Friday it has opened its first premium shop in Latin America in a move to further boost sales in the region. LG Brand Shop for the South and Central American region is in Panama City, Panama, with [...]
SEOUL, March 23 (Korea Bizwire) — Latin American countries are asking the South Korean government to share the insight it has accumulated in tackling the coronavirus as they are the beginning to face the effects of the worldwide pandemic. South Korean officials met with their Argentinian counterparts on Thursday via video conference to share their [...]
NEW YORK, Dec. 17 (Korea Bizwire) – Aviation Week Network’s MRO Latin America (#MROLA) will be held January 22-23 at the Hilton Cartagena Hotel in Cartagena, Colombia. Focused on commercial aviation maintenance, repair, and overhaul (MRO), the event offers a forum for exchanging information and best practices, and networking among industry leaders representing airlines, regulators, suppliers, and [...]
London, Jul. 20 (Korea Bizwire) – Technologically advanced agricultural and construction machinery require training and skill to be operated to their full potential, and the CNH Industrial (NYSE: CNHI /MI: CNHI) Training and Technology Center (CTT) in Sorocaba, São Paulo state, Brazil was conceived exactly with this in mind. It is from this base that the [...]
SEOUL, March 5 (Korea Bizwire) — “K-beauty” products are gaining a foothold in new markets outside of China and Southeast Asia. While shipments to China comprises around 40 percent of all South Korean cosmetics exports, the geopolitical standoff over U.S. missile defense installations last year has spurred on companies to establish a presence in Africa, [...]
SEOUL, Jan. 4 (Korea Bizwire) – Last year’s floods affecting key soybean producers in Latin America, including those in Argentina, led to a drop in the soybean harvest, which is now crippling the supply of business-to-business cooking oil in Korea – further pressuring food businesses that are already suffering from soaring egg prices from the [...]
TORONTO, ON and ALEXANDRIA, VA, Dec. 8 (Korea Bizwire) - Scotiabank and QED Investors announced today a new and innovative partnership that will inject capital and industry expertise into select Latin American FinTech companies. The joint investment will create a venture capital platform that will identify, invest and promote the growth of innovative start-ups across the [...]
SEOUL, Nov. 1 (Korea Bizwire) — Kia Motors Corp., South Korea’s No. 2 automaker, said Sunday that it is moving to more than double its dealership network in Mexico to increase its market presence. The move to add 27 new dealerships to the existing 21 is likely based on the carmaker’s strong sales in its [...]
SEOUL, Aug. 13 (Korea Bizwire) – Cases of Korean applications becoming popular in Central and South America without any marketing or advertising are increasing. This is a meaningful outcome considering that the Central and South American market is receiving attention as a new mobile application market that holds great potential for growth. According to industry [...]