SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s homegrown KF-21 fighter jets under development will be fitted with air-to-ground capabilities starting in 2027, ahead of schedule, the state arms procurement agency said Tuesday. The plan comes as authorities plan to spend around 700 billion won (US$472 million) to conduct a series of tests involving 10 [...]
SEOUL, Dec. 23 (Korea Bizwire) — The use of computed tomography (CT) scans in South Korea has risen steadily in recent years, even as many patients remain poorly informed about medical radiation exposure and its potential health risks, according to a new survey released by the national health insurer. The National Health Insurance Service said an [...]
SEOUL, Dec. 23 (Korea Bizwire) — Senior South Korean officials on Monday pledged to speed the adoption of artificial intelligence across the agriculture and food sectors, positioning so-called “physical A.I.” as a key response to rural labor shortages and an aging farming population. Bae Kyung-hoon, the deputy prime minister and minister of science and information and [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s financial watchdog warned on Monday that bonus systems at banks and other financial institutions remain overly focused on short-term performance, even as incentive pay surged more than 30 percent last year. The Financial Supervisory Service said total performance-based compensation paid to employees at financial companies reached 1.396 trillion [...]
SEOUL, Dec. 23 (Korea Bizwire) — The South Korean government said it expects domestic petrochemical producers to cut as much as 3.7 million tons of naphtha cracking capacity, a key goal of a sweeping industry restructuring drive aimed at restoring competitiveness in an oversupplied global market. After reviewing restructuring plans submitted by major producers, the Ministry [...]
SEOUL, Dec. 23 (Korea Bizwire) — The share of South Koreans who play video games has fallen to its lowest level on record, underscoring a rapid shift in leisure habits as streaming platforms and short-form video content gain dominance, according to a new government-backed survey. A nationwide study released Monday by Korea Creative Content Agency found [...]
SEOUL, Dec. 22 (Korea Bizwire) — Samsung Electronics said it will award performance bonuses of up to 100 percent of base monthly pay to employees in its semiconductor division for the second half of the year, reflecting a sharp recovery in its memory chip business driven by artificial intelligence demand. The company announced on Monday that [...]
Layer 1 launch delivers native staking, Move 2 support, and the infrastructure needed to onboard the next million users to crypto SAN FRANCISCO, Calif., Dec. 22, 2025 (Korea Bizwire) – Move Industries, the core contributor of the Movement Network, today announced the launch of Movement’s M1 (Layer 1) Mainnet. Movement has successfully migrated from an Ethereum [...]
WATERFORD, Ireland, Dec. 22, 2025 (Korea Bizwire) – Minimum Deposit Casinos (MDC), a division of the OneTwenty Group, has issued new commentary on the U.S. Federal Reserve’s proposed “payment account” framework and its potential impact on online gambling transactions. The proposal, officially opened for public comment on December 19, would allow eligible non-bank financial institutions limited access [...]
PISCATAWAY, N.J., Dec. 22, 2025 (Korea Bizwire) – The DALI Alliance, recognized as the international authority in lighting technology standardization, proudly announces the launch of its new test and certification specifications for Wireless to DALI Gateways. This groundbreaking release allows seamless control of wired DALI devices from either Bluetooth® NLC (Networked Lighting Control) or Zigbee wireless ecosystems, [...]