SEOUL, Dec. 27 (Korea Bizwire) — The runaway hit drama “12.12: The Day” surpassed US$1 million ticket sales in North American theaters, its local distributer Plus M Entertainment said Wednesday. With the feat, it became the highest-grossing South Korean film to open there this year, beating “The Roundup: No Way Out” with $910,000. The 2022 [...]
SEOUL, May 5 (Korea Bizwire) — South Korean cosmetics manufacturers are bolstering their offensive in the North American market as sales in China and Japan have fallen sharply. LG Household & Health Care Ltd.’s North American sales for the first quarter of this year amounted to 136.1 billion won (US$102 million), an increase of 21.1 [...]
SEOUL, June 16 (Korea Bizwire) — As China’s domestic market is facing fierce internal competition, South Korea’s cosmetics industry has found a new breakthrough in the global market, eyeing the North American region to expand its international presence. Top cosmetics maker Amorepacific Corp.’s North America sales in the first quarter of this year jumped by [...]
SEOUL, Nov. 5 (Korea Bizwire) — LG Electronics Inc. said Thursday it will launch a new 5G-running budget smartphone in North America this week as it looks to compete for the growing market for the latest generation network there. The K92 5G — LG’s first budget K Series phone to support the high-speed network — [...]
SEOUL, July 28 (Korea Bizwire) – South Korean game developers are targeting the rapidly growing North American gaming market for new releases. The global market research firm NPD Group reported that there were approximately 244 million gamers in the U.S. as of May, which is about 74 percent of the total U.S. population. More than [...]
LOS ANGELES, Mar. 6 (Korea Bizwire) — “Extreme Job,” the highest-grossing movie of all time in South Korea, has also created a sensation in North American theaters, the film’s local distributor said Wednesday. The Korean cop comedy has posted about US$1.4 million in ticket sales in 15 North American cities, including Los Angeles, New York [...]
SEOUL, Jun. 8 (Korea Bizwire) — CJ Logistics Corp. said Friday it has agreed to buy a U.S. logistics company for 231.4 billion won (US$216 million) in its latest drive to expand its presence in the North American market. The South Korean firm signed the deal to purchase a 90 percent stake in DSC Logistics, [...]
MALTA, Jan. 25 (Korea Bizwire) — Global aviation service VistaJet reports 2016 as its best year ever in North America. The company, which positions itself as an alternative to full or fractional aircraft ownership, now reports the U.S. as its number one growth market, citing a preference for a global flying solution with no asset [...]
SEOUL, June 9 (Korea Bizwire) — Hyundai Motor, South Korea’s top automaker, plans to begin selling the all-new Tucson SUV in the North American market starting in July, a company official said Tuesday. The latest version of the Tucson compact SUV was launched in March here, appealing to customers with improved designs, more space, and better [...]