Volkswagen Korea unveiled the new seventh-generation Jetta at a press show on Thursday as it posted sales of over 10,000 units during the first three quarters of 2020. The new model comes at a price of around 27 million won ($23,600), while its prestige model is priced at just over 29 million won. The Jetta, since its birth in 1979, has sold 17.5 million units around the world. Of them, 17,000 have been sold in South Korea. As for its Korea operation overall, Volkswagen Korea said its sales w

South Korean coffeehouse chain Ediya Coffee said Thursday that revenue from its coffee delivery service increased around 660 percent over the last year, compared with a year before. According to data from the company, the number of delivery orders made between last October and September this year stood at 1.1 million, up 612 percent. from the same time last year. Ediya Coffee saw a sharper increase in order volume between April and June this year, during which the company saw a near 1,000 perc

Amazon Global Selling Korea said on Thursday it is ramping up support to help sellers and businesses branch out into the international market. Speaking at a livestreamed press event, Lee Sung-han, head of the South Korean unit of the e-commerce giant’s export program, praised South Korea’s handling of the pandemic as he unveiled plans to assist businesses in the country. “Despite the pandemic this year, we thank many sellers in South Korea who worked with Amazon to provide hi

Starting his first day as Hyundai Motor Group’s chairman on Thursday, Chung Euisun attended the government’s hydrogen economy committee meeting, riding there in his company’s first hydrogen fuel cell vehicle, the Nexo. Prior to the meeting, Chung had agreed to establish a joint entity with the government to expand the number of hydrogen charging stations across the country, clearly showing his commitment to creating a hydrogen ecosystem. During the meeting, Hyundai Motor s

Facelifted pickup truck has more power than rivals, advanced off-road technologies

S-Oil, one of the four major oil refineries in South Korea, donated 50 million won ($43,600) to the Mapo Scholarship Foundation at a ceremony held at the Mapo-gu office in western Seoul on Thursday, according to the company. Since 2017, S-Oil has provided scholarships to underprivileged students living in Mapo-gu through the Mapo Scholarship Foundation as part of its corporate social responsibility program dubbed “Sunshine Sharing Campaign.” “During this difficult time of

GS Caltex said Thursday it has become the first refinery in South Korea to launch lubricants dedicated for hybrid vehicles called “Kixx Hybrid.” According to GS Caltex, it mixed special additives with high-quality lube-base oil to manufacture Kixx Hybrid to offer improved fuel efficiency and better protection for engine parts. Also, the new product qualifies for the American Petroleum Institute’s new “SP” engine oil standards. “The recent sales of eco-frie

Nexon said Thursday it has donated profits from its game The Kingdom of the Winds: Yeon to the National Trust for Cultural Heritage to help the organization preserve and retrieve Korea’s national treasures that had been lost overseas. From July 29 to Aug. 7, through e-commerce platform Auction, Nexon sold 150 units of a limited edition item priced at 30,000 won ($26) and 42,316 units of unlimited edition item priced at 100 won to users of the game. On top of 4.5 million won from the sale

The Korea Forest Service said Thursday that South Korea has witnessed the world‘s greatest growth rate in the volume of trees over the past 25 years, according to a report announced at a session held on Monday by the United Nations Food and Agriculture Organization’s Committee on Forestry. UN FAO COFO’s biennial session is one of the world’s biggest forestry events that brings together heads of forest services and other senior government officials to share the results of

Under the theme “Building a green, healthy and resilient future with forests,” the world’s largest forestry conference to be held in Seoul in May

LG CNS has rolled out an online platform that provides artificial intelligence services, through which users can select AI services and pay based on the level of use, the company said Thursday. The new platform by LG CNS includes 10 different types of AI engines that can process both verbal and visual information. The company’s computer vision service, for instance allows manufacturers to detect potential defects in their production lines. LG Chem is currently using the computer vision

LG Electronics Inc., a major home appliance maker in South Korea, on Thursday said it has named Formula One star Lewis Hamilton as a brand ambassador for its luxury line of premium products. LG said Hamilton will promote the LG Signature brand, which the company uses for its high-end products. Hamilton, a six-time Formula One world champion, is considered one of the best racing drivers in the history of the sport. The 35-year-old Brit recently drew level with Michael Schumacher's record of 9

LG Electronics Inc. said Thursday that more content on the Korean Wave of popular culture can be watched on its smart TVs via its streaming service as the company tries to attract more consumers in major markets amid the pandemic-driven stay-at-home trend. LG Channels will now have more content related with the Korean Wave, known as hallyu, after the South Korean tech firm signed a partnership with NEW ID, a digital content distributor under local entertainment powerhouse Next Entertainment Wo

South Korean telecom giant LG Uplus Corp. said Thursday it opened a seven-story product showroom in southern Seoul by partnering with local popular establishments as part of its broader efforts to capture young customers. The seven-story building, including its underground floor, in the posh southern district of Gangnam houses a cafe, a bookstore and a photo studio popular among South Korean millenials and the younger Generation Z, or those born after the mid-90s. LG Uplus said the store allow

The volume of smuggled goods to South Korea increased when compared to last year, according to a report from South Korean lawmaker Hong Ik-pyo based on the data from Korea Customs Service. According to the report, the volume of illegal trade between January and August this year has reached 239.9 billion won ($209.6 million), surpassing last year’s total of 209.4 billion won. The report added that illicit trade of cigarettes soared in particular. The volume of smuggled cigarettes as of