Samsung Electronics Co. plans to start sales of a silver-colored Galaxy Note 9 as early as this week, industry sources said Tuesday, apparently to promote the device amid the launch of new iPhones and other rival products.    The new color adds to the existing portfolio of blue, black, purple and copper. The silver edition will also be released in the US. Galaxy Note 9 (Yonhap)    While Samsung has not yet announced the exact date for South Korea, it said the new edition will be released its hom

Kia unveils ProCeed, e-Niro; Hyundai reveals high performance version of i30 at star-studded Paris Motor Show

With legal restrictions now in place limiting work hours to 52 hours per week, the leisure industry is seeing increased sales as employees spend more time on recreational activities during weekdays after work, an analysis conducted by KT’s Big Data Business Unit showed Tuesday. The mobile carrier, together with BC Card, analyzed signal information exchanged between floating populations’ mobile phones and the operator’s stations in the Gwanghwamun area in central Seoul from Aug. 1 through Sept. 1

Lexus Korea has released its best-selling seventh-generation premium hybrid sedan ES 300h six years after the previous model, stepping up its hybrid portfolio, the company said Tuesday.“South Korea was the second most sold market worldwide for the ES 300h after China last year. It is also the first country in Asia for the new-generation ES 300h to begin sales,” said Nobuyuki Takemura, president and CEO of Lexus Korea, at a launch event in eastern Seoul.He added that customers will be satisfied w

South Korea’s media regulator said it would impose penalties on Facebook if it finds that Korean users were among those whose personal data were compromised in the latest massive security breach affecting 50 million users worldwide.The Korea Communications Commission said Monday that it had requested Facebook to provide comprehensive information on the latest hacking attack’s motives and its potential impact on Korean users.“If found to have compromised the personal data of Korean users, Faceboo

Hyosung Chairman and CEO Cho Hyun-joon attended a textile exhibition in Shanghai and met with clients in a bid to cement the company’s position as the world’s leading textile company, the company said Monday.Cho’s attendance of the exhibition comes amid the company’s aggressive efforts to dominate the global textile market, following visits to Vietnam and India earlier this year. Hyosung Chairman and CEO Cho Hyun-joon (center) visits a client’s booth to examine latest trends during Intertextile

LG Electronics will start developing autonomous driving modules for robots with its partner Robotis, expanding applications of robotic technologies and self-driving solutions, the company said Monday. The two firms signed a contract Friday to co-develop autonomous driving modules that will be mainly used for moving robots. LG’s Advanced Robotics Lab under the CTO division plans to develop software using its intelligence navigation technologies, while Robotis will be responsible for building hard

South Korea’s leading cigarette maker KT&G said Monday it will open Lil Minimalium on Wednesday, a flagship store dedicated to its heat-not-burn cigarette Lil. Located near subway Line No. 9 Sinnonhyeon Station in the bustling Gangnam district, the store will operate as a place for customers to not only experience and purchase the device, but also to try different accessories for Lil such as cases and pouches, KT&G said.  KT&G’s Lil Minimalium flagship store is dedicated to its heat-not-burn e-c

Dongwon F&B, Dongwon Group’s food division, said Monday that it has launched pet food for dogs, in a first for the company. According to the company, Nutriplan pet food for dogs comes in two varieties: one features tuna and ginseng powder and the other contains tuna and krill shrimp.  (Dongwon F&B)Both products contain tuna, the main product of Dongwon F&B, which is a good source of protein and omega-3 for dogs, the company said. All the ingredients, including ginseng powder and krill, were made

Olive Young, CJ Group’s health and beauty drugstore brand, said Monday that its flagship store in Gangnam has attracted 5 million visitors since it opened last year.Its Gangnam store opened in September 2017 at a four-story building located near subway Line No. 2 Gangnam Station. Its third-quarter sales this year increased by 39 percent on-year, the company said, posting the second greatest sales among its stores.  Olive Young Gangnam store (Olive Young)While the Olive Young Myeong-dong store re

Experts say local tax laws affecting global companies should be more precise and more strictly enforced

LS Cable & System said on Monday that it had signed a contract with the Denmark-based power company Orsted to supply high-voltage cables for the world’s largest offshore wind farm, Hornsea Project Two.Under the contract, LS Cable will supply 350 kilometers of onshore high-voltage cables, including 400-kilovolt cables, by 2021.Hornsea Project Two will be located 89 kilometers off the Yorkshire coast in the UK. When operational in 2022, it will be capable of supplying electricity to well over 1.3

Philip Morris Korea Inc. said it filed a suit against the Seoul government on Monday, demanding the disclosure of detailed information on its recent announcement over research on harmful substances found in alternative tobacco products. In June, the Ministry of Food and Drug Safety said five cancer-causing substances were found in heat-not-burn tobacco products sold in the local market, with the level of tar detected in some of them exceeding that of conventional cigarettes. The ministry made th

Korean coffee shop chain Ediya Coffee hosted the eighth Ediya Music Festa this year, an annual music event held since 2011 in appreciation of its customers and franchise operators, officials said Sunday.Over 12,000 people attended the event in Busan on Saturday, which featured performances by popular musicians including Hong Jin-young, Lee Eun-mi, Haha & Skull, Dok2 & The Quiett, Ailee and Kim Yeon-woo. Participants attend the eighth Ediya Music Festa in Busan on Saturday. (Ediya Coffee)On the s

Global luxury hotel chains operating in South Korea are moving actively to phase out plastic straws, replacing them with those made of paper, industry sources said Sunday.The move comes as hotels with operations all around the world are taking the lead to reduce plastic waste, which is generating considerable attention in the country and around the globe. (Grand Ambassador Seoul)Grand Ambassador Seoul said it has replaced plastic straws with paper ones despite the change being more costly for it