Korea Bizwire, Author at Be Korea-savvy | Page 59 of 722
SK Hynix Breaks Ground on Its First Fab in Yongin Semiconductor Cluster

SK Hynix Breaks Ground on Its First Fab in Yongin Semiconductor Cluster

SEOUL, Feb. 25 (Korea Bizwire) — SK hynix Inc. said Tuesday it has started construction on its first fabrication plant and relevant facilities at an envisioned semiconductor cluster in Yongin, south of Seoul. The company broke ground Monday after receiving approval from the Yongin municipal government last week, according to SK hynix’s newsroom. The Yongin [...]

Surge in Chinese Tourism Defies Anti-China Sentiment in South Korea

Surge in Chinese Tourism Defies Anti-China Sentiment in South Korea

SEOUL, Feb. 25 (Korea Bizwire) — Even as anti-China protests have intensified amid South Korea’s presidential impeachment crisis, Chinese tourism has experienced an unexpected boom, with travel numbers surging more than 60% following China’s visa-free policy implementation.  According to data obtained from the Ministry of Justice by lawmaker Park Eun-jung of the Rebuilding Korea Party, 647,901 [...]

Small Business Owners See Average 13.3 Pct Drop in Income in 2024: Survey

Small Business Owners See Average 13.3 Pct Drop in Income in 2024: Survey

SEOUL, Feb. 25 (Korea Bizwire) — Small business owners in South Korea saw their income drop more than 10 percent from a year earlier in 2024 amid sluggish consumer sentiment, a poll showed Tuesday. According to the survey conducted by Mono Research from January 20 to February 7 on 500 small business owners, the level [...]

‘APT.’ Ranks 7th on Billboard Hot 100 for 2nd Consecutive Week

‘APT.’ Ranks 7th on Billboard Hot 100 for 2nd Consecutive Week

SEOUL, Feb. 25 (Korea Bizwire) — BLACKPINK member Rose’s global hit single “APT.” remains strong on the U.S. Billboard Hot 100 main singles chart this week. According to a Billboard chart preview released Monday (U.S. time), “APT.,” featuring Bruno Mars, ranked seventh, holding steady from last week’s position. The song previously peaked at No. 3, [...]

Samsung SDI to Develop Robot-specific Batteries with Hyundai, Kia

Samsung SDI to Develop Robot-specific Batteries with Hyundai, Kia

SEOUL, Feb. 25 (Korea Bizwire) — Samsung SDI Co., South Korea’s second-biggest battery maker, said Tuesday it has signed an initial pact with Hyundai Motor Co. and its affiliate Kia Corp. to jointly develop robot-specific batteries. Samsung SDI has signed a memorandum of understanding (MOU) with the two carmakers to develop high-performance batteries specifically for [...]

Trump’s Auto Tariff Threat Stokes Fear in South Korea’s Car Manufacturing Hub

Trump’s Auto Tariff Threat Stokes Fear in South Korea’s Car Manufacturing Hub

ULSAN, Feb. 25 (Korea Bizwire) — U.S. President Donald Trump’s recent threat to impose steep tariffs on imported vehicles has sent shockwaves through Ulsan, South Korea’s automotive manufacturing powerhouse, where cars account for nearly a third of the city’s exports and form the backbone of the local economy. According to data from the Korea International Trade [...]

In Seoul, Even Preschoolers Face Grueling Entrance Exams for Elite Private Academies

In Seoul, Even Preschoolers Face Grueling Entrance Exams for Elite Private Academies

SEOUL, Feb. 24 (Korea Bizwire) — In a prestigious mathematics academy in Seoul’s affluent Daechi-dong district, known as South Korea’s “education capital,” an admission question for elementary students recently read: “How many times does the digit ’1′ appear in the sum of the series 9+99+999+…+99999999999999999999 (twenty 9s)?” This was part of the academy’s notoriously difficult [...]