Superrich stays in Yongsan

According to corporate information provider Chaebul.com (kr), 19 percent of rich individuals owning over 100 billion won ($88 million) in stocks live in Hannam-dong and Itaewonm both of which are in Yongsan-gu, Seoul.

The Itaewon residents include AmorePacific chairman Suh Kyung-bae as well as those from the Samsung family, i.e. chairman Lee Kun-hee, Samsung Electronics vice chairman Lee Jae-yong and Samsung C&T fashion business chief Lee Seo-hyun.

Those living in Hannam-dong include Hyundai Motor Group chairman Chung Mong-koo, SK Group chairman Chey Tae-won, LG Group chairman Koo Bon-moo, Shinsegae Group chairwoman Lee Myung-hee and SDJ Corp chairman Shin Dong-joo.

The reports also echoed that Greater Gangnam is the rising zone with many younger superrich – including many second generation of the families mentioned above – chose to stay in that region in Seoul instead.

Source: Koreaherald

Jason Statham LG G5 Commercial

LG G5 smartphone commercial starring English actor Jason Statham.

Source: LG Mobile HQ

Kim Sung Hee KUHO 16FW Collection

Model Kim Sung Hee featuring for clothing brand KUHO 2016 fall/winter collection…

KUHO is a brand of Samsung’s fashion group which is aggressively advancing into western market. As a matter of fact the video was shot in New York which the company held a presentation last week.

Source: KUHO Official

Apple rumored to open first store in Korea

The Wall Street Journal has reported that Apple Inc. is planning to open its first official retail store in South Korea, home to Samsung, its fiercest rival in global smartphone market.

Right now Korean consumers have to buy Apple products via third party retailers. The products generally arrived later than global release; and there’s also customer support issues, which is probably the main reason Apple is considering the move.

Apple has just launched the iPhone 7 with mix success. Meanwhile Samsung is facing huge problem with its Galaxy Note 7 batteries, with global recalls and sales halted.

Monumental Skyline of Seoul

A cool video showcasing the awesome cityscape and modern architectures in Seoul.

Credits: noealz1, zedomax, mr9koo, schecter7o, t.prakobkit