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Biz & Tech

Thu, September 21, 2017 | 05:14

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[INTERVIEW] Garmin, Fitbit seeking breakthrough in fitness, sports

Despite doubts over the usability, wearable devices are expanding their ground in the global market. In particular, smartbands and smartwatches continue to replace conventional watches. According to market tracker Strategy Analytics, the scale of global market for smartwatches and fitness bands is $10 billion won a year and is expected to double in the next four years.

IT | 2017-09-20 19:25

Top Hyundai-Kia models in Europe _ Tucson

Europe is no exception to the booming popularity of small-size sport utility vehicles (SUVs). During the Frankfurt International Motor Show, which will be held until Sept. 24, global carmakers have been showcasing their latest SUV lineups to expand their presence in the European market.

Automotive | 2017-09-20 18:39

The Rio: the best-selling Hyundai-Kia car in Europe

Hyundai, Kia bolster CSR in Asia

Hyundai Motor and its sister company Kia Motors have been implementing a range of corporate social responsibility (CSR) programs in Asia to become a responsible and trusted corporate citizen there. In the Philippines, the carmaker has completed the construction of water storage tanks and other facilities that turn rain into drinking water at an elementary school, in cooperati...

Automotive | 2017-09-20 13:57

The Rio: the best-selling Hyundai-Kia car in Europe

Hyundai Motor diversifies marketing in Europe

Hyundai Motor and its sister company Kia Motors have been implementing a range of tailored marketing activities in Europe to improve their brand value among consumers there. The two carmakers have sponsored sporting events and provided financial and other assistance to museums and art galleries across the continent. They have also been actively involved in a series of high-pr...

Automotive | 2017-09-20 11:42

The Rio: the best-selling Hyundai-Kia car in Europe

Korean firms leave China in droves

Korean retailers operating in China have begun to leave the world’s second-largest economy as its economic retaliation against Seoul’s deployment of an advanced U.S. missile defense system shows no signs of abating. Lotte Group decided to sell its discount store chain in China after falling victim to Beijing’s “unreasonable” retaliatory measures. The nation's fifth-largest conglomerate recently named Goldman Sachs as the lead manger to sell its Lotte Mart stores there.

Light industries | 2017-09-20 18:37

Toshiba to sell chip unit to hynix consortium

Toshiba seems to have decided to sell its memory unit to a consortium led by Bain Capital and SK hynix, according to the Japanese media Wednesday. Its board of directors selected the Korea-U.S.-Japan consortium as the bidder for the memory chip business of the debt-ridden Toshiba, Japanese news outlets reported.

IT | 2017-09-20 16:33

CJ to host PGA tour on Jeju

CJ Group will use Korea’s first PGA tour event on Jeju Island next month as an opportunity to bolster its campaign to promote the country’s traditional cuisine and pop culture abroad. More than a billion golf fans worldwide are expected to watch the CJ Cup@Nine Bridges from Oct. 19 to 22. It is also expected to provide a much-needed boost to the nation’s southern resort islan...

Light industries | 2017-09-20 17:09

Hyundai Motor to supply 500 Xcient trucks in Indonesia

Hyundai Motor has clinched a contract to supply 500 large Xcient trucks to Indonesia, the firm’s largest truck supply deal. Hyundai Motor Senior Vice President Lee In-cheol and Hyundai Oto Komersial Indonesia President Iki Wibowo signed off on the deal at the automaker’s head office in Seoul Wednesday. Hyundai Oto Komersial Indonesia is Hyundai’s commercial vehicle sales unit...

Automotive | 2017-09-20 18:17

Sharing ahead of Chuseok

S-Oil CEO Othman al-Ghamdi delivers half-moon rice cakes, called songpyeon, and other gifts to a senior citizen living alone in Seoul, Wednesday, ahead of Chuseok, which falls on Oct. 4. The CEO and company employees delivered gift packages to more than 800 poor households. / Courtesy of S-Oil

Photo News | 2017-09-20 17:02

Airlines reducing routes to China

Korean Air is joining Asiana Airlines in reducing the number of flights to China and operating smaller planes bound for the country in line with the declining number of Chinese visitors. Korea’s six low-cost carriers have also taken similar steps amid China’s escalating economic retaliation against Seoul’s deployment of a U.S. missile defense system, which has invited a strong backlash from the world’s second-largest economy. Since March when Korea decided to deploy the U.S. anti-missile Terminal High Altitude Area Defense (THAAD) battery, Chinese authorities have instructed travel agencies ...

Light industries | 2017-09-19 10:28

LG building mobile identity with V30

With the arrival of the flagship V30 smartphone, LG Electronics looks to shape its own mobile identity with the focus on user-friendliness. The first impression on the device was the company tried its best to build its overall handset brand image encompassing both the flagship G and V series. This is because the V30 reminds users of the G6, unveiled this February, in design a...

IT | 2017-09-19 17:02

Celebrating 40th anniversary

3M Korea CEO Amit Laroya speaks during a press conference at the Plaza Hotel in Seoul, Tuesday. Celebrating its 40th anniversary, Laroya said the company will continue to offer safe and affordable industrial products for Korean consumers, as well as expand investments and hire more workers in Asia’s fourth-largest economy. Founded in 1977, 3M Korea earned 1.65 trillion won in...

Photo News | 2017-09-19 17:10

Gimje Horizon Festival