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South Korea’s ‘Premium’ Grape Faces Market Saturation and Quality Concerns

South Korea’s ‘Premium’ Grape Faces Market Saturation and Quality Concerns

SEOUL, Oct. 21 (Korea Bizwire) – The Shine Muscat grape, once hailed as a premium fruit in South Korea, has seen a significant price drop in recent weeks. This decline is attributed to a surge in farm production and an influx of lower-quality produce flooding the market, according to industry experts. Data from the Korea Agro-Fisheries [...]

Hyundai’s N Brand Launches Global E-Sports Tournament, Expanding into Virtual Racing

Hyundai’s N Brand Launches Global E-Sports Tournament, Expanding into Virtual Racing

SEOUL, Oct. 21 (Korea Bizwire) – Hyundai Motor Company’s high-performance division, Hyundai N, is making a bold move into the world of e-sports with the announcement of its global virtual racing competition, the Hyundai N Virtual Cup. The announcement came on October 20 at the ADAC Sim Racing Expo in Dortmund, Germany, marking a significant step [...]

Netflix Cooking Show Sparks Surge in Kitchen Equipment Sales in South Korea

Netflix Cooking Show Sparks Surge in Kitchen Equipment Sales in South Korea

SEOUL, Oct. 21 (Korea Bizwire) – The popularity of Netflix’s cooking competition show “Culinary Class Wars” has ignited a boom in home cooking equipment sales in South Korea, according to recent data from a major e-commerce platform.  Gmarket, an online marketplace owned by Shinsegae Group, reported on October 20 that sales of kitchen-related items have skyrocketed [...]

Samsung Reports Surge in Ultra-Large TV Sales, Reflecting Changing Consumer Preferences

Samsung Reports Surge in Ultra-Large TV Sales, Reflecting Changing Consumer Preferences

SEOUL, Oct. 21 (Korea Bizwire) – Samsung Electronics has reported a significant increase in sales of its ultra-large televisions, indicating a shift in consumer preferences towards bigger screens regardless of living space constraints.  According to data released by Samsung on October 20, sales of TVs 80 inches and larger have grown by approximately 15% in the [...]

Apple Closes Gap on Samsung in Global Smartphone Market, Prompting Swift Response

Apple Closes Gap on Samsung in Global Smartphone Market, Prompting Swift Response

SEOUL. 19 (Korea Bizwire) –The battle for supremacy in the global smartphone market has intensified, with Apple’s recent release of the iPhone 16 series bringing it within striking distance of long-time leader Samsung. Industry analysts suggest that the new camera button on the iPhone 16 has resonated with users, potentially driving a significant increase in [...]

Ferrari Unveils New Supercar, Its First in a Decade

Ferrari Unveils New Supercar, Its First in a Decade

SEOUL, Oct. 18 (Korea Bizwire) –Ferrari, the Italian luxury sports car manufacturer, has unveiled its first new supercar in 11 years, marking a significant moment in the company’s illustrious history. On October 17, at its headquarters in Maranello, Ferrari presented the F80, a limited-edition supercar that the company says will set new standards in its [...]

Kakao Mobility Launches AI-Powered ‘Trending Now’ Feature in Navigation App

Kakao Mobility Launches AI-Powered ‘Trending Now’ Feature in Navigation App

SEOUL, Oct. 18 (Korea Bizwire) –Kakao Mobility, a leading South Korean tech company, announced on October 16 the launch of a new feature called Trending Now for its navigation app, Kakao Navi. This innovative service utilizes big data from user driving patterns to recommend real-time hotspots based on user preferences. Unlike traditional restaurant and nearby [...]

Rice Takes Center Stage at Icheon’s Annual Cultural Festival

Rice Takes Center Stage at Icheon’s Annual Cultural Festival

ICHEON, Oct. 18 (Korea Bizwire) – The 23rd Icheon Rice Cultural Festival kicked off on October 16, transforming the Icheon Agricultural Theme Park into a celebration of the region’s most famous crop. Running until October 20, the festival promises a cornucopia of sights, tastes, and experiences under the slogan “Everything Made from Rice, Made in [...]

Medical Disputes in South Korea Drag On with Low Success Rates

Medical Disputes in South Korea Drag On with Low Success Rates

SEOUL, Oct. 18 (Korea Bizwire) – Civil lawsuits arising from medical disputes in South Korea take an average of over two years to reach a first-instance verdict, causing significant psychological and economic burdens for both patients and medical professionals, according to a recent report.  Data compiled by Representative Han Ji-ah of the People Power Party, obtained [...]