Korea Bizwire, Author at Be Korea-savvy | Page 23 of 722
Samsung Electronics to Unveil New AI-powered Home Appliances Next Week

Samsung Electronics to Unveil New AI-powered Home Appliances Next Week

SEOUL, March 20 (Korea Bizwire) — Samsung Electronics Co. will showcase its latest home appliances driven by artificial intelligence (AI) and unveil its vision for hyper-personalized smart living next week, industry sources said Thursday. At the “Welcome to Bespoke AI” event scheduled for Wednesday, Samsung Electronics will introduce Home AI, an advanced ecosystem that integrates [...]

CEPI CEO Says S. Korea Can Play Key Role in ’100 Days Mission’ for Vaccine Development

CEPI CEO Says S. Korea Can Play Key Role in ’100 Days Mission’ for Vaccine Development

SEOUL, March 19 (Korea Bizwire) — South Korea can play a key role in the “100 days mission” for vaccine development for emerging infectious diseases, the chief executive of the Coalition for Epidemic Preparedness Innovations (CEPI) has said, calling Seoul a “global leader” in pandemic response. CEPI CEO Richard Hatchett made the remarks in an [...]

South Korean Experts Push to Redefine ‘Elderly’ as Seniors Stay Healthier Longer

South Korean Experts Push to Redefine ‘Elderly’ as Seniors Stay Healthier Longer

SEOUL, March 19 (Korea Bizwire) — As South Korea enters a super-aged society, health experts and policymakers are increasingly calling for an adjustment to the official age classification of “elderly,” citing evidence that older adults are maintaining good physical function well into their 70s. At a policy forum hosted by the Ministry of Health and [...]

Samyang Foods’ Exports Surpass 1 Tln Won in 2024 on ‘Buldak’ Spicy Noodles

Samyang Foods’ Exports Surpass 1 Tln Won in 2024 on ‘Buldak’ Spicy Noodles

SEOUL, March 19 (Korea Bizwire) — South Korean food company Samyang Foods Inc. said Wednesday its exports surpassed the 1 trillion-won (US$688 million) mark for the first time in its history last year thanks to growing demand for its globally popular ‘Buldak’ spicy ramyeon. The company’s outbound shipments amounted to 1.34 trillion won in 2024, [...]

Number of Foreign Workers on E-9 Visas in South Korea Tops 300,000 for First Time

Number of Foreign Workers on E-9 Visas in South Korea Tops 300,000 for First Time

SEOUL, March 19 (Korea Bizwire) — A new government survey has revealed that the number of non-professional foreign workers holding E-9 visas in South Korea now exceeds 300,000, with the vast majority employed in the mining and manufacturing industries. Statistics Korea released its “2024 Survey on Immigration Status and Employment – Foreign Residents by Visa Status” [...]

Hyundai Mobis Expands In-House Semiconductor Production, Plans New R&D Hub in Silicon Valley

Hyundai Mobis Expands In-House Semiconductor Production, Plans New R&D Hub in Silicon Valley

SEOUL, March 19 (Korea Bizwire) — Hyundai Mobis is ramping up production of self-designed automotive semiconductors, building on the semiconductor business it acquired from Hyundai Autron in 2020, and expanding its presence in global innovation hubs. The company announced on Tuesday that it has completed research and reliability testing for key semiconductors used in electrification, [...]

Gov’t to Push for Development of Cloud Computing Technologies to Strengthen Data Infrastructure

Gov’t to Push for Development of Cloud Computing Technologies to Strengthen Data Infrastructure

SEOUL, March 19 (Korea Bizwire) — The government will push for the development of cloud computing technologies to bolster the data infrastructure of the country as part of efforts to foster new growth engines, the finance ministry said. The Ministry of Economy and Finance announced the plan as part of the new growth engine project, [...]

Gov’t to Use All Available Resources to Rein in Soaring Home Prices: Acting President

Gov’t to Use All Available Resources to Rein in Soaring Home Prices: Acting President

SEOUL, March 19 (Korea Bizwire) — Acting President Choi Sang-mok said Wednesday the government will use all available resources to curb the rise in home prices. Choi made the remarks in an economy-related ministers’ meeting, noting, “Home prices have been on a recent rise in some parts of Seoul.” “We will view the situation seriously [...]