SEOUL, Oct. 5 (Korea Bizwire) — South Korean carmakers’ market share in the United States rose above pre-coronavirus levels in the March-August period, helped by new models, an industry association said Monday. Local carmakers accounted for 8.9 percent of the U.S. passenger car market during the cited period, up from the 7.7 percent during the [...]
SEOUL, Oct. 23 (Korea Bizwire) — Sensational K-pop girl group BLACKPINK has signed a contract with Interscope Records, a major music label under Universal Music Group, to tap into the U.S. pop market, the band’s Korean management agency said Tuesday. Interscope has published music of such high-profile American artists as Eminem, Kendrick Lamar, Maroon 5 [...]
SEOUL, May 4 (Korea Bizwire) — Samsung Electronics Co. saw its market share in the North American smartphone market increase in the first quarter compared to the year before, data showed Friday, while its smaller South Korean rival LG Electronics Inc. lost ground. According to the report by industry tracker Strategy Analytics, Samsung took 28.6 [...]
SEOUL, Apr. 30 (Korea Bizwire) — Korean cosmetics producers are heading into the global market after success in China and Southeast Asia. Both manufacturers and distributors alike of Korean cosmetics are expanding their production facilities to more advanced markets such as the U.S. and Japan, while taking an aggressive stance via mergers or takeover of [...]
SEOUL, Mar. 28 (Korea Bizwire) — LG Electronics Inc. said Wednesday it aims to tap deeper into the U.S. market for signage solutions in line with steps to diversify its business portfolio. The South Korean tech giant said it took part in the Digital Signage Expo 2018 held in Las Vegas to showcase its latest [...]
SEOUL, Aug. 16 (Korea Bizwire) – On August 15, with reports from Hyundai and Kia indicating that 141,681 eco-friendly cars had been sold thus far this year as of the end of last month, it is believed that the automotive giants may have found a possible lifeline out of their troubles. To put into perspective [...]