Japanese apparel maker shuts down shops in downtown Seoul
Uniqlo is closing down stores in Seoul, which leads to speculation that the Japanese clothing retailer reduces its operation in Korea amid Korean consumers’ boycott of made-in-Japan products.
Uniqlo recently said that...
Korea's top companies use K-pop stars as brand ambassadors
Seeking to boost their global businesses, Korea’s top two companies adopt a marketing strategy of taking advantage of K-pop groups as their brand ambassadors.
Korean firms have long depended on K-pop celebrities...
A few days after unveiling its flagship products, Samsung Electronics introduced two budget phones _ the Galaxy A30 and the Galaxy A50 during MWC Barcelona on Feb. 25, 2019.
The Seoul-based company said that the new Galaxy A Series are...
Brisk sales of semiconductors in 2018 helped Samsung Electronics pile up its cash reserves amounting to almost $100 billion.
According to local media on Feb. 18, the company’s cash reserves stood at 104.2 trillion won as of the end of...
Korean automaker presents cutting-edge techs at NY exhibition
Hyundai Motor has showcased its leading-edge technologies and latest innovative models at an exhibition, which explores the relationship between artificial intelligence and the art world.
The Seoul-based company presented NEXO FCEV, Kona EV,...
Kim Sung-joo still works as chief visionary officer
Just a few years ago, Sungjoo Group owner Kim Sung-joo was a regular in the media as chief of the fashion group, which encompasses the MCM brand, and also as head of...
Legendary investor refuses to use iPhone
What is the smartphone of legendary investor Warren Buffett, one of the world’s richest men? There is no correct answer for the question because he does not use any smartphone at all.
In a recent...
People can see iTunes movies on smart TV
In business, there are no permanent friends, no permanent enemies. There are only permanent interests - that would be the case for Samsung, which cooperates with Apple in smart TV. Both are...
Galaxy Buds & AKG Acoustics
When Samsung Electronics spent $8 billion to acquire Harman International Industries in 2017, analysts pointed out the Korean firm tried to secure a next-generation growth engine.
However, the U.S. automotive part supplier has hidden assets, which...
Both US and China press Korean tech giants
Samsung Electronics and SK hynix appear to be facing a troubling time as both the United States and China are pressing the semiconductor manufacturers to take their side in their expanding trade...
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Upbit successfully detects crypto frauds
Korean outfit comes up with advanced anti-fraud system
South Korea’s leading crypto-exchange Upbit announced on Sept. 26 that the outfit had discovered fraudulent exchanges amounting...
