Korea Bizwire, Author at Be Korea-savvy | Page 5 of 507
S. Korea Discusses Sustainable Fishing in Antarctic with Global Partners

S. Korea Discusses Sustainable Fishing in Antarctic with Global Partners

SEOUL, Oct. 28 (Korea Bizwire) — The oceans ministry said Monday that it discussed sustainable fishing and marine conservation with global partners during an international meeting on the Antarctic environment. South Korea participated in the Commission for the Conservation of Antarctic Marine Living Resources meeting in Australia last week, where 27 member countries called for [...]

Business Income Gap Widens: Top 10% Earn Seven Times Average, Study Shows

Business Income Gap Widens: Top 10% Earn Seven Times Average, Study Shows

SEOUL, Oct. 28 (Korea Bizwire) – South Korea’s income inequality among self-employed business owners has reached striking levels, with the top 10% of business income earners making seven times the average income, according to new tax data.  National Assembly data released on October 27 reveals that the top 10% of business income earners, approximately 847,354 individuals, [...]

Naver Emerges as Leader in Spatial Intelligence Technology with Over 500 Patents

Naver Emerges as Leader in Spatial Intelligence Technology with Over 500 Patents

SEOUL, Oct. 28 (Korea Bizwire) – Naver is building substantial technological expertise in spatial intelligence, a field emerging as the next frontier beyond artificial intelligence (AI).  According to ICT industry sources on October 27, Naver Labs, the company’s technology research subsidiary, has accumulated 521 patents in spatial intelligence since its establishment in 2017. These patents cover [...]

Samsung, LG Eye Entry into Booming Food Waste Disposer Market

Samsung, LG Eye Entry into Booming Food Waste Disposer Market

SEOUL, Oct. 28 (Korea Bizwire) – Major South Korean electronics manufacturers are preparing to enter the rapidly growing food waste disposer market, currently dominated by small and medium-sized enterprises.  According to industry sources on October 27, LG Electronics recently concluded a pilot program for its food waste disposer in collaboration with the city of Ansan in [...]

South Korea Unveils Plan to Protect Endangered Mountain Goats After Mass Die-Off

South Korea Unveils Plan to Protect Endangered Mountain Goats After Mass Die-Off

SEOUL, Oct. 28 (Korea Bizwire) – After the death of more than 1,000 Korean mountain goats – a natural monument and critically endangered species – last winter, the South Korean government has announced new protective measures for the upcoming winter season. The Ministry of Environment and the National Heritage Administration revealed on October 27 that they [...]

MedPro International’s Global Giving Inspires and Supports Future Nurses in the Philippines

MedPro International’s Global Giving Inspires and Supports Future Nurses in the Philippines

SUNRISE, Florida, USA, Oct. 27 (Korea Bizwire) — The MedPro International and MedProU teams returned from a transformative trip to the Philippines, engaging with future nurses and local healthcare leaders about the profound impact of MedPro International’s Global Giving initiative on healthcare and nursing education. “Recognizing that healthcare sustainability is a pressing global concern, through [...]

Majority of South Koreans Support Extending Animal Protection Laws to Fish, Survey Shows

Majority of South Koreans Support Extending Animal Protection Laws to Fish, Survey Shows

SEOUL, Oct. 25 (Korea Bizwire) – Eight out of ten South Koreans believe the country’s animal protection laws should be extended to include fish raised for food consumption, according to a new survey highlighting growing public awareness of aquatic animal welfare. The Animal Welfare Awareness Research & Education (AWARE) released findings on October 24 from its [...]

IMF Projects South Korea’s Per Capita GDP to Maintain Lead Over Japan and Taiwan

IMF Projects South Korea’s Per Capita GDP to Maintain Lead Over Japan and Taiwan

SEOUL, Oct. 25 (Korea Bizwire) – South Korea is set to maintain its economic edge over Japan and Taiwan in per capita GDP this year, according to recent International Monetary Fund projections, with forecasts suggesting it will surpass the $40,000 milestone by 2027.  In its World Economic Outlook report released on October 22, the IMF projected [...]

SK Hynix Posts Record Quarterly Revenue on AI Memory Chip Boom

SK Hynix Posts Record Quarterly Revenue on AI Memory Chip Boom

SEOUL, Oct. 25 (Korea Bizwire) – SK Hynix reported its highest-ever quarterly revenue and a dramatic return to profitability in the third quarter, driven by surging demand for artificial intelligence memory chips. The South Korean memory chip maker announced on October 24 that its revenue jumped 93.8% year-over-year to 17.57 trillion won in the July-September period, [...]