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Korea Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Korea, updated continuously by our newsroom.

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15 Jan 2019

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Latest Korea retail stories

Google
Maria SantosElectronics

LG teams up with Google to develop VR offerings

LG U+ is partnering with Google to produce three-dimensional (3-D) virtual reality (VR) video, the company said Friday. Ha Hyun-hwoi, CEO of the mobile carrier, said augmented reality (AR) and virtual reality offerings demonstrate to customers the potential…

LG
Aiko TanakaElectronics

LG claims to have wowed the industry at Vegas’ CES

LG Electronics, one of the leading home appliance manufacturers in the world, said Sunday it received a total of 132 awards at this year’s Consumer Electronics Show (CES) in Las Vegas. It said its products received the coveted CES top innovation title…

starbucks
Minjun ParkFood

Starbucks’ Lucky Bags entice customers in Korea

Lee Min-joo, a 43-year-old cram school teacher, made it a point to be at the Starbucks outlet near her house last Thursday at 6 a.m. She wasn’t there for the coffee – she was waiting to buy a limited edition “Lucky Bag.” Lee said she has bought Starbucks…

hyundai
Maria SantosAutomotive

Hyundai Motor introduces Kona Iron Man edition

Hyundai Motor said Friday that it will begin sales of its limited Kona Iron Man Edition in the Korean market from Jan. 23. The superhero edition of the SUV was developed over two years with Marvel and is the first production car to feature Marvel characters.…

o VIRTUAL REALITY facebook
Aiko TanakaStartups

Korean start-ups also shine at CES in Las Vegas

Industry big boys aren’t the only companies exhibiting at this year’s Consumer Electronics Show (CES). Over 1,200 start-ups have set up at the event’s Eureka Park, reserved for smaller companies, to capture the attention of consumers and possibly become the…

LG wearables 1
Minjun ParkElectronics

LG and Naver are teaming up to make robots better

LG Electronics and Naver are cooperating on the development of robotic capabilities. Their first project will use Naver’s mapping and navigation technology to improve the functionality of LG’s CLOi GuideBot. LG’s guiding robot is currently in operation at…

samsung store
Maria SantosElectronics

Samsung ranks second in 2018 U.S. patent grants

Samsung Electronics grabbed the No. 2 spot in U.S. patent grants among global corporate giants in 2018, industry data showed Thursday. Samsung Electronics, the world’s top smartphone and memory chip maker, received 5,850 U.S. patent grants last year, up 13…

Beyond Closet 770x514
Minjun ParkFashion

Korea’s Beyond Closet confirms strong potential at Pitti Uomo

Korean label Beyond Closet, showing for the third time at Pitti Uomo for the ‘Concept Korea’ project, won over the audience with a stylish, highly colourful catwalk show.bThis season perhaps even more so than in the past, Beyond Closet’s self-taught designer…

shilla
Maria SantosFashion

Shilla duty free open new store

Shilla Duty Free opens at Gimpo International Airport’s international terminal on Wednesday. The duty-free store run by Hotel Shilla was approved by the government in June last year in a bid against Lotte Duty Free. The duty-free store is renting the place…

LG
Aiko TanakaAutomotive

LG to utilize Azure for autonomous systems

LG Electronics will be utilizing a Microsoft product in the development of autonomous vehicle systems, LG said Wednesday. Under the agreement between the two companies, LG has gained access to Microsoft’s Azure cloud-computing platform for its self-driving…

Minjun ParkAutomotive

Hyundai puts holograms on road to help with navigation

Hyundai Motor Group unveiled a holographic AR navigation system, the first of its kind, in collaboration with start-up WayRay at the Consumer Electronics Show (CES) in Las Vegas on Tuesday. Hyundai partnered with the Switzerland-based start-up that…

samsung facility
Wei ZhangElectronics

Samsung plans to release robots this year

Samsung robots are coming this year. Kim Hyun-suk, president and head of Samsung Electronics’ consumer electronics division, said the company has been conducting research on the robotics market and is now preparing to launch several robots this year during a…

avon
Rajiv MenonElectronics

LG H&H buys Avon factory in China

LG Household & Health Care announced Wednesday it is buying Avon’s Chinese factory in an effort to expand production facilities. According to LG Household, subsidiary The Face Shop will purchase the London-based cosmetics firm’s factory in Guangzhou, China,…

coffee
Sarah ChenFood

Tom n Toms plans Myanmar expansion

South Korean Cafe chain Tom n Toms has started to launch outlets in Myanmar. Tom n Toms Myanmar has opened two locations in Yangon so far, at the international airport and the Kantharyar Centre, with a third planned for Yankin Township. Information from…

KT 5G bus
Wei ZhangTelecom

Korea’s KT 5G bus hits the road

Are you curious about all the hype over 5G? A ride on a 5G-powered bus may answer some questions. Mobile carrier KT announced Tuesday that people can sign up for free rides on its 5G bus. The bus will be connected to its ultra-fast 5G wireless network and…

08205037
Wei ZhangAutomotive

Hyundai Cars to go online – and have legs

By 2022, all cars made by Hyundai Motor will be connected to the internet, the automaker announced during a press briefing held Monday in Las Vegas ahead of the 2019 Consumer Electronics Show (CES). “We aim to have 10 million active users of our connected-car…

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