Japanese apparel maker shuts down shops in downtown Seoul Uniqlo is closing down stores in Seoul, which leads to speculation that the Japanese clothing retailer reduces its operation in Korea amid Korean consumers’ boycott of made-in-Japan products. Uniqlo recently said that...
Samsung vows to launch foldable phones in two months Samsung Electronics vows to launch its bendable handset, the Galaxy Fold, this September. But suspicions are still abundant whether the futuristic smartphone will really hit the market in two months. The Seoul-based...
Clothing retailer sees its July sales dip 26% Uniqlo Korea issued an official apology in its Web site on July 22, but Koreans show no signs of wrapping up their boycott of Japan’s largest clothing brand. In fact, a mounting number...
Hanwha Robotics joins hands with Wipro Infra Hanwha Robotics recently signed a memorandum of understanding with Wipro Infrastructure Engineering to set up a sales and operations office in the world’s second-most populous country. Hanwha Robotics is the robot business division of...
Koreans-target-Uniqlo

Koreans target Uniqlo

Netizens keep criticizing Japanese casual wear maker In Korea, people are canceling their trips to Japan and boycotting Japanese products ranging from cigarettes, beers, pens, cameras, and movies to automobiles. The nationwide boycott of made-in-Japan products and services started early this...
Automaker tries to preempt competition for hybrid vehicles Hyundai Motor said July 19 that it has developed the world’s first Active Shift Control (ASC) transmission technology, which will improve hybrid vehicles. The Seoul-based company said that the innovative technology optimizes transmission...
Water-resistant smartphone helps stranded divers Early this month, a boat carrying 20 people capsized in the waters off Cebu province, which might have been a catastrophe. Fortunately, all of them returned to shore safely soon. What helped the stranded passengers most...
Top e-commerce operator under investigation Fair Trade Commission (FTC) officials recently visited Coupang’s head office in Seoul to probe the country’s leading e-commerce operator on suspicion of unfair trade practices. The field inspection came after a few companies cried foul at...
Chairman Lee Kun-hee loses $3.8 billion in a year The lingering slump in the global semiconductor business chipped away at the fortune of Samsung Group Chairman Lee Kun-hee by $3.8 billion over the past year. However, his net worth of $16.8...
Kim Sung-joo still works as chief visionary officer Just a few years ago, Sungjoo Group owner Kim Sung-joo was a regular in the media as chief of the fashion group, which encompasses the MCM brand, and also as head of...

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