SEOUL, Feb. 7 (Korea Bizwire) — The South Korean Ministry of Health and Welfare and the Food and Drug Safety Ministry announced on February 6 proposed enforcement regulations requiring tobacco manufacturers to test harmful substances within one month of product launch. The regulations implement the Tobacco Harm Management Act passed in 2023, which takes effect November [...]
SEOUL, Feb. 7 (Korea Bizwire) – A 3.1-magnitude earthquake struck an area northwest of South Korea’s central city of Chungju early Friday, the state weather agency said. The quake took place in an area 22 kilometers northwest of Chungju’s city hall in North Chungcheong Province, at 2:35 a.m., according to the Korea Meteorological Administration. The [...]
DAEJEON, Feb. 7 (Korea Bizwire) — South Korean researchers have developed groundbreaking technology that can establish temporary mobile communication networks from the air when ground infrastructure is disabled by disasters such as fires or warfare. The Electronics and Telecommunications Research Institute (ETRI) announced on February 6 that it successfully demonstrated mobile communication services achieving speeds of [...]
Fourth Quarter 2024 Highlights Total revenue of $1.66 billion, up 17% year over year Product revenue of $574 million, up 18% year over year Billings of $2.00 billion, up 7% year over year1 Record GAAP operating margin of 35% Record Non-GAAP operating margin of 39%1 Unified SASE ARR2 up 28% and Security Operations ARR2 up 32%, year [...]
SEOUL, Feb. 7 (Korea Bizwire) — In a vocational training center in Seoul’s Jung district, Shin Hae-cheong, 72, carefully measures wallpaper and prepares paste for his latest assignment. A real estate agent by trade, Shin traveled from his provincial home to the capital to earn a wallpapering certification — what he hopes will be his ticket [...]
SEOUL, Feb. 6 (Korea Bizwire) – The Ministry of Environment on Thursday joined many other government ministries in blocking access to the Chinese artificial intelligence (AI) service DeepSeek amid concerns about user data collection. The ministry blocked access to DeepSeek from its internet-connected PCs from 9 a.m. on the day, though it did not take [...]
SEOUL, Feb. 6 (Korea Bizwire) – The government said Thursday it will deploy thermal imaging cameras and bird detection radar systems at all domestic airports to prevent airplane bird strikes following last month’s deadly Jeju Air Co. crash. The Ministry of Land, Infrastructure and Transport reported a comprehensive aviation safety improvement plan to a National Assembly [...]
SEJONG, Feb. 6 (Korea Bizwire) – A bill on promoting the carbon capture, utilization and storage (CCUS) industry will take effect this week, the government said Thursday, amid growing demand for eco-friendly technologies to tackle climate change. The bill on supporting the development of CCUS technologies and fostering the industry will take effect Friday, according [...]
SEOUL, Feb. 6 (Korea Bizwire) – SK hynix Inc. said Thursday it has acquired a global certification for information security in the automobile industry for the first time as a memory company. The South Korean chip giant said all of its domestic sites in Icheon, Bundang and Cheongju have been awarded the Trusted Information Security [...]
SEOUL, Feb. 6 (Korea Bizwire) – The finance ministry plans to block access to the Chinese artificial intelligence (AI) service DeepSeek, a ministry official said Thursday, in the latest of Seoul’s restrictions on the use of the service among officials amid data collection concerns. “Due to multiple technical concerns raised about DeepSeek from home and [...]