Archive by category Business

Korean tech giants Samsung Electronics and LG Electronics have been recognized for their excellence in design at this year’s iF Design Award, an annual …

South Korea’s bio industry slightly grew in 2014 from the previous year as robust medicine exports offset sluggish domestic demand, a report showed …

The sudden shutdown of a joint inter-Korean factory complex north of the Demilitarized Zone has cost South Korean companies 815 billion won ($660 million) in …

A nuclear reactor in South Korea‘s southwestern nuclear complex temporarily stopped operation Saturday due to a technical glitch, an official said, but it …

SAN FRANCISCO (AFP) – A U.S. appeals court on Friday handed Samsung a win over Apple in a long-running patent fight, overriding a jury verdict ordering …

SK Holdings, the parent company of South Korea’s third-largest conglomerate SK Group, said Friday it has acquired a 100 percent stake in SK Biotek, a …

The word “frugality” has long had a poor reputation as its association with a similar word “stingy” has often bestowed a negative connotation on its …

People have transitioned from being consumers to prosumers more than ever today. Infact, the term prosumers — coined by Alvin Toffler — is now …

For Kim Min-sun, being a stylish person does not mean owning luxury designer bags. The 35-year-old office worker in Seoul does not feel a need to purchase …

For a long time, the needs of consumers have been overshadowed by technological improvements, conspicuous marketing strategies and other factors. Finally, they …