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Sales Prospects of Foldable Phones to Stay Dim in 2019: Report

Sales Prospects of Foldable Phones to Stay Dim in 2019: Report

SEOUL, Mar. 11 (Korea Bizwire) — The long-rumored foldable phones will be available in the coming months, but they are expected to take only a tiny share of the global smartphone market this year, an industry report said Monday. South Korea’s Samsung Electronics Co. and China’s Huawei Technologies Co., the world’s two largest device makers, [...]

Experts Forecast Real Estate Market Slump in 2019

Experts Forecast Real Estate Market Slump in 2019

SEOUL, Dec. 26 (Korea Bizwire) — Real estate experts forecast a market downturn throughout the country next year, although some see a chance of an increase in prices in the capital area, a survey showed Wednesday. According to a report from KB Financial Group’s research institute, 70.5 percent of 112 people specialized in the property [...]

S. Korean Car Sharing Industry Speeds Up with Gov’t Backup

S. Korean Car Sharing Industry Speeds Up with Gov’t Backup

SEOUL, March 4 (Korea Bizwire) – The South Korean car sharing industry is picking up speed to expand beyond the niche market to go mainstream as the government is set to ease regulations on the industry’s operation as a way to curb congestion and pollution. Short-term, automated car rentals entered the local business scene in [...]