Archive by category Business

LG’s VR camera accredited by Google’s Street View
LG’s VR camera accredited by Google’s Street View

LG Electronics, a latecomer to the virtual-reality (VR) segment, said Thursday its new smartphone camera that rotates 360-degrees officially connects to …

Volvo debuts all-new luxury XC90 SUV
Volvo debuts all-new luxury XC90 SUV

Volvo Car Korea CEO Lee Yun-mo poses next to the all-new XC90 SUV at a launch in Seoul, Wednesday.  Swedish luxury carmaker Volvo Car launched the all-new …

Hyundai to boost invesment in future mobility projects
Hyundai to boost invesment in future mobility projects

   Hyundai Motor Group vice chairman Chung Eui-sun hinted Wednesday that the carmaker will proactively invest more in future car projects, adding that the …

Focus shifts to boosting SME exports
Focus shifts to boosting SME exports

Over the coming year, the Bank of Korea will make available a total of 9 trillion won ($7.28 billion) in low-interest loans for small and medium-sized …

Concerns grows over economic slowdown
Concerns grows over economic slowdown

Industrial output fell and current account surplus narrowed in January Concerns about Korea’s economic recession are growing as the nation’s industrial …

LG Uplus combines IoT with security service
LG Uplus combines IoT with security service

Mobile carrier LG Uplus on Wednesday rolled out a home security service, called IoT Caps, which incorporates Internet of Things technology. The mobile carrier …

OLED race heats up with increasing investment
OLED race heats up with increasing investment

Despite a number of advantages to organic light-emitting diode displays, the market for the light and flexible display has yet to bloom. Most major display and …

Qurient garners spotlight from biotech investors
Qurient garners spotlight from biotech investors

Qurient, a biotech venture firm engaged in developing new biologic treatments, is attracting interest from investors since debuting on Korea’s tech-driven …

Controversy escalating over excise tax deduction on imported cars
Controversy escalating over excise tax deduction on imported cars

Controversy is mounting over local importers of Mercedes-Benz, BMW, Volkswagen and other car brands for allegedly giving out price cuts when there were de …

Doosan chief offers to quit, taps nephew as successor
Doosan chief offers to quit, taps nephew as successor

Doosan Group plans to elect Park Jeong-won, head of Doosan Corp., as the industrial conglomerate’s new chairman when it holds a shareholders’ meeting on …

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