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LG Electronics Unveils Greener Manufacturing Process for System Air Conditioners

SEOUL, Aug. 18 (Korea Bizwire) — LG Electronics has introduced a new eco-conscious manufacturing process for its commercial system air conditioners, significantly cutting carbon emissions and reducing plastic use as part of its broader sustainability push. According to the company’s announcement on Sunday, LG’s latest four-way cassette system air conditioner received official carbon reduction verification from [...]

Eighty-Eight Hands and a Grain of Rice: A Nation Reflects on Its Most Cherished Crop

YEOJU, Aug. 18 (Korea Bizwire) — As South Korea commemorates “Rice Day” on August 18, a day symbolically chosen to honor the labor of farmers—based on the breakdown of the Chinese character for rice (米) into 8 (八), 10 (十), and 8 (八)—the nation finds itself grappling with a deepening crisis in rice consumption, agricultural [...]

Seoul’s Songpa District to Host Dog-Friendly Water Park for Summer Relief

SEOUL, Aug. 17 (Korea Bizwire) — Songpa District in southeastern Seoul will reopen its popular summer pet-friendly attraction, the “Haha Hoho Dog Water Playground,” offering a unique escape from the heat for dogs and their owners. The one-day event will take place on Sunday, August 17, at the central plaza of Garden Five Life, a major [...]

A Paycheck Divided: Korea Moves to End Wage Discrimination

South Korea Moves to Codify ‘Equal Pay for Equal Work’ by 2025, Amid Hurdles to Implementation SEOUL, Aug. 17 (Korea Bizwire) — The South Korean government is set to codify the principle of “equal pay for equal work” into the Labor Standards Act by the end of this year, aiming to implement the policy as [...]

S. Korean Tech Giants Slash TV Prices Amid Global Market Slowdown and Chinese Competition

SEOUL, Aug. 17 (Korea Bizwire) — Samsung Electronics and LG Electronics saw a continued decline in the average selling prices (ASPs) of their televisions during the first half of 2025, as global demand stagnated and competition from Chinese manufacturers intensified. The pricing shifts reflect a strategic push by the two South Korean tech giants to [...]

Samsung Sees Diverging Fortunes in China and U.S. Markets Amid Geopolitical and Tech Shifts

SEOUL, Aug. 17 (Korea Bizwire) — Samsung Electronics reported a decline in first-half revenue from China, citing mounting U.S. sanctions, weakening demand, and intensifying local competition, while sales in the United States grew, buoyed by robust demand from Big Tech firms investing in AI infrastructure. According to the company’s semiannual report released Sunday, Samsung’s exports to [...]

Teen Anxiety Diagnoses Surge Over 60% in Four Years, Data Shows

SEOUL, Aug. 16 (Korea Bizwire) — The number of South Korean teenagers receiving treatment for anxiety disorders has soared by more than 60% over the past four years, reflecting mounting mental health concerns among the nation’s youth. According to data released Friday by the Health Insurance Review and Assessment Service (HIRA), 41,611 individuals aged 10 [...]

Top Battery Makers Struggle with Low Factory Utilization Amid EV Demand Slowdown

SEOUL, Aug. 16 (Korea Bizwire) — South Korea’s three major battery manufacturers — LG Energy Solution, Samsung SDI, and SK On — are grappling with declining factory utilization rates, reflecting the broader global slowdown in electric vehicle (EV) demand known as the “EV chasm.” According to semiannual filings released on August 15, LG Energy Solution [...]

S. Korea Marks 80th Liberation Day with Ceremony Honoring Freedom Fighters and National Unity

SEOUL, Aug. 15 (Korea Bizwire) — South Korea commemorated the 80th anniversary of its liberation from Japanese colonial rule with a large-scale government-led ceremony on Thursday, underscoring themes of national unity, historical remembrance, and cultural pride. Held at 10 a.m. at the Sejong Center for the Performing Arts in central Seoul, the event gathered some [...]

South Koreans’ Favorability Toward Japan Reaches Near-Historic High, Gallup Survey Finds

SEOUL, Aug. 15 (Korea Bizwire) — South Koreans’ sentiment toward Japan has warmed significantly, reaching levels not seen since the aftermath of the 2011 Great East Japan Earthquake, according to a new Gallup Korea poll released Thursday, marking the 80th anniversary of Korea’s liberation from Japanese colonial rule. In the nationwide survey conducted August 12–14 [...]