Korea Bizwire, Author at Be Korea-savvy | Page 7 of 791
Rising Seawater Temperatures Threaten to Shut Down Eight Korean Nuclear Reactors Within a Decade

Rising Seawater Temperatures Threaten to Shut Down Eight Korean Nuclear Reactors Within a Decade

SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s nuclear regulator has warned that rapidly warming seawater — used to cool reactors — could force as many as eight reactors offline within the next 10 years unless cooling capacity is improved. At a meeting on August 14, the Nuclear Safety and Security Commission received a report [...]

Court Upholds Fines for Marriage Brokers Who Shared Vietnamese Women’s Personal Data

Court Upholds Fines for Marriage Brokers Who Shared Vietnamese Women’s Personal Data

UIJEONGBU, Aug. 15 (Korea Bizwire) — A South Korean appeals court has upheld fines for two marriage brokers who illegally shared personal information of Vietnamese women with male clients via KakaoTalk, ruling the act violated the country’s marriage brokerage law. On August 15, the Uijeongbu District Court dismissed the appeals of two individuals, identified as [...]

SK Telecom’s Deep Discounts Spark Membership War Among Korean Carriers

SK Telecom’s Deep Discounts Spark Membership War Among Korean Carriers

SEOUL, Aug. 14 (Korea Bizwire) — A steep expansion of SK Telecom’s membership discounts — part of its compensation plan following a major hacking incident — has triggered a price war among South Korea’s mobile carriers, shifting competition from subsidies for new sign-ups to perks aimed at retaining existing customers. Since August 11, SK Telecom [...]

Patton Re-Launches Dante AV Encoders and Decoders with Colibri Codec at Slashed Pricing

Patton Re-Launches Dante AV Encoders and Decoders with Colibri Codec at Slashed Pricing

Patton’s new release of the FiberPlex FPX6000 DanteAV Audio/Video-over-IP Gateway features the lowest-ever market pricing, the Colibri Codec, and enhanced interoperability. FiberPlex™… Secure Digital Communications! GAITHERSBURG, Md., Aug. 14, 2025 (Korea Bizwire) – Patton—world leader and of Unified Communications, ProAV, and media broadcast products—announces a fresh software release for the FiberPlex FPX6000 AVoIP Gateway series offered at [...]

Bitget’s July Report Shows $461M Net Inflows and 100K New Copy Trading Users

Bitget’s July Report Shows $461M Net Inflows and 100K New Copy Trading Users

VICTORIA, Seychelles, Aug. 14, 2025 (Korea Bizwire) – Bitget, the world’s leading cryptocurrency exchange and Web3 company, ended July with another month of strong growth and global brand expansion. The platform maintained its CoinGecko Spot ranking as the 3rd largest crypto exchange, aligned with its consistently growing market presence. In July, Bitget showed steady growth across [...]

US Firm Achieves Second Thorium Breakthrough at Idaho National Lab’s Reactor

US Firm Achieves Second Thorium Breakthrough at Idaho National Lab’s Reactor

CCTE’s first-of-its-kind, thorium-based fuel continues to surpass burnup records, paving the way for safer and more sustainable nuclear power CHICAGO, Aug. 14, 2025 (Korea Bizwire) –  Clean Core Thorium Energy (CCTE) announces the second major milestone for its patented Advanced Nuclear Energy for Enriched Life (ANEEL™) fuel, which has now reached a burnup level of over 45 gigawatt-days [...]

Korea to Broaden Nurse Qualifications for Home Hospice Services

Korea to Broaden Nurse Qualifications for Home Hospice Services

SEOUL, Aug. 14 (Korea Bizwire) — The South Korean government is moving to ease staffing requirements for home-based hospice services in an effort to expand access to end-of-life care that allows patients to die with dignity at home. According to the Ministry of Health and Welfare, a proposed amendment to the enforcement regulations of the Act [...]

Netflix Tops Customer Satisfaction Among Major OTT Platforms in Korea

Netflix Tops Customer Satisfaction Among Major OTT Platforms in Korea

SEOUL, Aug. 14 (Korea Bizwire) — Netflix has emerged as the most satisfying streaming service for South Korean consumers, with content diversity ranking as the top factor influencing platform choice, according to a government survey released August 14. The Korea Consumer Agency polled 1,500 users — 300 each from Netflix, Disney+, Wavve, Coupang Play and [...]

Seoul Metro Urges Public Patience as Air-Conditioning Complaints Surge Past Half a Million

Seoul Metro Urges Public Patience as Air-Conditioning Complaints Surge Past Half a Million

SEOUL, Aug. 14 (Korea Bizwire) — Seoul Metro is appealing for commuter cooperation as it struggles to manage a flood of complaints over subway heating and cooling, with the vast majority concerning uncomfortably hot trains. From May to July this year, the operator received more than 340,000 temperature-related grievances — an average of 3,520 per [...]

Foreign Talent Surge Could Boost Korea’s GDP by 6%, Study Finds

Foreign Talent Surge Could Boost Korea’s GDP by 6%, Study Finds

SEOUL,  Aug. 14 (Korea Bizwire) — South Korea could see its economy expand by the equivalent of 6% of GDP if the number of foreign residents increased by one million, according to a new study by the Korea Chamber of Commerce and Industry (KCCI) and a research team led by Professor Kim Deok-pa of Korea [...]