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Demand for small appliances on rise

Source | 2014/04/19 | | Permalink

LG Electronics' premium small home appliance line targets newlyweds and singles. Provided by the company

As the number of single households expands, more companies are rolling out premium home electronic appliances in response to reported increases in consumer demand.

LG Electronics launched its premium small home appliance series, the Comangs Collection, yesterday for newlyweds and single households, which includes a mini washing machine, mini refrigerator, microwave, robot vacuum cleaner, cordless 2-in-1 vacuum cleaner, bedding cleaner and water purifier...More

Obama to bring nine artifacts home on visit

Source | 2014/04/19 | | Permalink

Seals that were smuggled out of Korea during the 1950-53 Korean War will be returned when U.S. President Barack Obama visits on April 25 and 26. [NEWS1]

The United States is preparing to return nine Korean court seals that were taken out of the country during the 1950-53 Korean War and President Barack Obama may be bringing them home when he lands in Korea this month, the Blue House said yesterday.

"With U.S. President Obama visiting Seoul, Korea and the United States have been closely collaborating thus far with the goal of the United States returning nine ancient Korean seals", said Min Kyung-wook, a Blue House spokesman, yesterday in a briefing.

"We will make an announcement as soon as related details are confirmed"...More

Korea.net's list of must-see films 1 : Pieta

Source | 2014/04/19 | | Permalink

When do you think movies were first introduced to Korea?

The debate is still ongoing, but it is reasonably fair to say that regular public screenings of movies existed in major cities by 1903, even though somewhat sporadically. At that time, people were very curious about this new thing called a "movie". Indeed, "the pictures are moving all by themselves", people exclaimed.

By around 1910, the first cinema was built, in one of the most Japanese-concentrated neighborhoods of Seoul, or Gyeongseong as it was then called. In 1912, the Wumigwan Cinema in Jongno-gu began screening movies regularly. Until the 1920s, however, the movies screened at Wumigwan were mostly foreign fair, from Hollywood and Europe. Finally in 1919, the movie "Fight for Justice", or "Uilijeog guto", was released, the first Joseon film, marking the meaningful birth of the Korean film industry...More

Fuel cell electric vehicles catch on in Europe

Source | 2014/04/19 | | Permalink

Fuel cell electric vehicles (FCEV) are getting more and more attention in Europe, where there is a premium placed on environmentally friendly technology.

Hyundai Motor has been chosen as a supplier of FCEVs under the Hydrogen For Innovative Vehicles (HyFIVE) act, a pan-European initiative to expand the use of FCEVs. The project is funded by the Fuel Cells and Hydrogen Joint Undertaking, a public-private partnership supported by the European Union...More

Average Salaries at Top Korean Firms Hit W100 Million

Source | 2014/04/19 | | Permalink

The average annual salaries in the nation's top companies have reached the milestone level of W100 million (US$1=W1,036). Samsung Electronics, SK Telecom, Shinhan Financial Group and KDB Financial Group paid their workers more than W100 million last year, while Hyundai Motor and affiliates Kia Motors and Hyundai Mobis offered little short of W100 million.

The Chosun Ilbo analyzed the annual business reports of 702 listed companies that close their books in December and found that the 95,000 workers at Samsung Electronics earned W102 million on average last year. This is the first time salaries there surpassed W100 million...More

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