SEOUL, May 11 (Korea Bizwire) — Starbucks Korea announced Sunday that it will extend operating hours at a majority of its stores to 10 p.m. by mid-May, restoring pre-pandemic hours as late-evening foot traffic and demand for decaffeinated beverages rise. The move marks a shift from the reduced schedules implemented during the COVID-19 pandemic. Currently, [...]
SEOUL, May 11 (Korea Bizwire) — Samsung Electronics’ semiconductor division continues to trail Taiwan’s TSMC in quarterly sales, as surging demand for artificial intelligence (AI) chips solidifies the Taiwanese chipmaker’s lead in the global foundry market. According to industry data released on Sunday, Samsung’s Device Solutions (DS) division recorded 25.1 trillion won in revenue for the [...]
SEOUL, May 11 (Korea Bizwire) — Once hailed as a global challenger to ChatGPT, China’s generative AI platform DeepSeek is failing to gain traction in South Korea despite resuming downloads late last month after a data privacy-related suspension. According to mobile analytics firm IGAWorks’ Mobile Index, DeepSeek ranked sixth in the domestic AI app market in [...]
SEOUL, May 11 (Korea Bizwire) — On a sunny spring afternoon in Seoul’s Yeouido Hangang Park, police officers outfitted with wearable robotic exoskeletons patrolled bustling recreational areas, turning heads among picnickers and joggers. The futuristic gear—reminiscent of RoboCop—is part of a new initiative by the Seoul Metropolitan Police to bring advanced technology into community policing. Launched [...]
SEOUL, May 11 (Korea Bizwire) — Under the soft breeze of a post-rain afternoon at Seoul’s Banpo Hangang Park, 126 participants in clown wigs, hanbok, and even llama costumes sat silently side-by-side across the Jamsu Bridge on Sunday. They weren’t preparing for performance art—they were competing to do absolutely nothing. This was the annual “Han River [...]
SEOUL, May 10 (Korea Bizwire) — The South Korean government has begun crafting its Fifth Basic Plan for Low Fertility and Aging Society, a sweeping five-year strategy aimed at countering the nation’s deepening demographic crisis. The new plan, set to take effect in 2026, will replace the current fourth plan that expires this year. At the [...]
SEOUL, May 10 (Korea Bizwire) — South Korea has launched a joint public-private task force to spearhead the development of next-generation liquid hydrogen carriers, a strategic initiative to maintain the country’s global edge in shipbuilding and pioneer a future green energy market. The Ministry of Trade, Industry and Energy (MOTIE) announced Friday that it held an [...]
NEW YORK, May 10 (Korea Bizwire) — Korean artists and galleries made a striking showing at the 2025 edition of Frieze New York, one of the world’s leading contemporary art fairs, which opened its doors for a preview on May 8 at The Shed in Manhattan. This year’s event gathered 65 prominent galleries from around [...]
ULSAN, South Korea, May 9 (Korea Bizwire) — HD Hyundai Heavy Industries is undertaking a sweeping overhaul of its Ulsan shipyard under a new “Visible Safety” initiative aimed at modernizing aging facilities and reinforcing workplace safety culture, the company announced Friday. Launched in response to risks associated with the nearly 50-year-old plant, the project focuses on [...]
SEOUL, May 9 (Korea Bizwire) — The Seoul Facilities Corporation announced Friday that it will open a new AI-powered “Smart Shelter” in the Jonggak underground shopping center this November, transforming long-vacant retail spaces into a tech-driven experience zone blending shopping innovation and public rest areas. Spanning approximately 76 square meters (23 pyeong), the Smart Shelter will [...]