SEOUL, Dec. 18 (Korea Bizwire) — The European Union (EU) has signaled a shift in its trade policy to strengthen its own industries, similar to that of the incoming U.S. administration under President-elect Donald Trump, posing challenges for export-oriented South Korean businesses, an industry report projected Wednesday. According to the report by the Korea International [...]
SEOUL, Dec. 18 (Korea Bizwire) – Woowa Brothers, the operator of South Korea’s leading food delivery platform Baedal Minjok, unveiled “hyper-personalization,” “slow aging,” and “customized consumption” as major dining trends for 2024. The company announced these insights on December 17 at the 2024 Baemin Restaurant Conference in Seoul’s COEX, leveraging its proprietary data to identify [...]
SEOUL, Dec. 18 (Korea Bizwire) — Samsung Electronics Co. will unveil its new home appliances lineup powered by artificial intelligence (AI) technology at the upcoming CES next month, the company said Wednesday. The lineup, comprising the new Bespoke refrigerator, washer and dryer applied with AI home solutions, will be showcased at CES 2025, set to [...]
SEOUL, Dec. 18 (Korea Bizwire) – In a controversial escalation, hardline conservative supporters of South Korean President Yoon Suk Yeol have compiled a “blacklist” of celebrities who have supported or participated in protests demanding the president’s impeachment. The list is being circulated on online forums, accompanied by calls for boycotts of products endorsed by these [...]
SEOUL, Dec. 18 (Korea Bizwire) — Daewoo Engineering & Construction Co. aims to achieve 1 trillion won (US$695.7 million) in annual net profit by 2027, focusing on key overseas markets while exploring new business opportunities, the company said Wednesday. The ambitious goal was announced by the company’s new CEO Kim Bo-hyun at his inauguration ceremony [...]
SEOUL, Dec. 18 (Korea Bizwire) — President Yoon Suk Yeol failed to appear before the Corruption Investigation Office for High-ranking Officials on Wednesday, defying a summons for questioning over his short-lived imposition of martial law. Yoon had been asked by a joint investigation team made up of the CIO, the police and the defense ministry’s [...]
SEOUL, Dec. 18 (Korea Bizwire) — The upcoming Consumer Electronics Show (CES), the world’s biggest annual tech conference, will “dive deeper into” artificial intelligence (AI) and other trending technologies that will bring people-centered innovation, a senior official at the event’s organizer said. Brian Comiskey, senior director of innovation and trends at the Consumer Technology Association [...]
WASHINGTON, Dec. 17 (Korea Bizwire) — A prominent U.S. expert has expressed his hope for Acting President Han Duck-soo to be a “source of stability” amid South Korea’s political turmoil, but warned that absent a fully elected president, Seoul could face a disadvantage in engaging with the administration of incoming U.S. President Donald Trump. Victor [...]
SEOUL, Dec. 18 (Korea Bizwire) — North Korean leader Kim Jong-un has visited a mausoleum for his late father to mark the 13th anniversary of his death, the North’s state media reported Wednesday. Kim paid tribute at the Kumsusan Palace of the Sun the previous day, where the bodies of state founder Kim Il-sung and [...]
SEOUL, Dec. 18 (Korea Bizwire) – A breast cancer screening AI solution is proving to be a valuable assistant to medical professionals, helping to identify tumors that might otherwise go undetected, according to a physician at Yongin Severance Hospital. In an interview on December 16, Dr. Lee Si-eun, a radiologist at the hospital, described how artificial [...]