Korea Bizwire, Author at Be Korea-savvy | Page 72 of 1079
Samsung Unveils 20 Lee Kun-hee Collection Masterpieces on Its Art Store

Samsung Unveils 20 Lee Kun-hee Collection Masterpieces on Its Art Store

  SEOUL, Dec. 18 (Korea Bizwire) —  Samsung Electronics said Thursday it has released 20 works from the late Lee Kun-hee’s famed art collection for free on its “Samsung Art Store,” expanding public access to some of Korea’s most treasured cultural masterpieces. The selection includes Inwang Jesaekdo—a seminal landscape painting designated National Treasure No. 216—alongside [...]

Korea to Deploy 10,000 Nvidia Chips to SMEs and Universities in AI Push

Korea to Deploy 10,000 Nvidia Chips to SMEs and Universities in AI Push

SEOUL, Dec. 18 (Korea Bizwire) — The government said Thursday it plans to allocate some 10,000 graphics processing units (GPUs) procured from Nvidia Corp. to small and mid-sized enterprises (SMEs), startups and academic and state artificial intelligence (AI) projects starting in February. The plan was unveiled as part of the government’s broader strategy to foster [...]

Hanwha Systems Secures Boeing Contract to Supply Advanced Displays for F-15 Jets

Hanwha Systems Secures Boeing Contract to Supply Advanced Displays for F-15 Jets

SEOUL, Dec. 18 (Korea Bizwire) — Hanwha Systems Co., a defense solutions unit of South Korea’s Hanwha Group, said Thursday it has signed a contract with Boeing Co. to supply advanced cockpit displays for F-15K and F-15EX fighter jets. Under the agreement, Hanwha Systems will provide the Eagle Large Area Display (ELAD) for Boeing’s fighter [...]

Hyundai to Vastly Expand Plug-and-Charge EV Network Beginning Next Year

Hyundai to Vastly Expand Plug-and-Charge EV Network Beginning Next Year

SEOUL, Dec. 18 (Korea Bizwire) — Hyundai Motor Group said Thursday it will significantly expand its plug-and-charge (PnC) electric vehicle (EV) charging network starting next year to provide a more convenient and secure charging experience for customers. PnC is an international standard technology that allows drivers to start charging simply by connecting the charging cable [...]

As Korea Attracts More Global Talent, Foreign Employment Reaches Historic High

As Korea Attracts More Global Talent, Foreign Employment Reaches Historic High

SEOUL, Dec. 18 (Korea Bizwire) — The number of foreign workers in South Korea surpassed 1.1 million in 2025 to reach a record high, with the proportion of employed international students also sharply up, a survey showed Thursday. As of May, there were 1.69 million foreigners aged 15 or older residing in Korea, up 8.4 [...]

Seoul Aims to Build an AI-Ready Workforce With Massive Training Push

Seoul Aims to Build an AI-Ready Workforce With Massive Training Push

SEOUL, Dec. 18 (Korea Bizwire) — South Korea plans to provide artificial intelligence (AI) job-training to more than one million people by 2030, the government announced Thursday, outlining an expansive workforce initiative aimed at preparing the labor market for rapid technological change. The Ministry of Employment and Labor unveiled the plan — titled the “AI+ Competency-Up [...]

KT Begins Retrieval of 12,000 Small-Cell Base Stations After Fraud Scheme Raises Security Concerns

KT Begins Retrieval of 12,000 Small-Cell Base Stations After Fraud Scheme Raises Security Concerns

SEOUL, Dec. 18 (Korea Bizwire) —  KT has retrieved more than 12,000 small-cell base stations after the devices were linked to a recent unauthorized micro-payment fraud scheme, the telecom company said Thursday. The recall targets “femtocells,” ultra-small base stations used to boost indoor mobile coverage, after investigators found that illegally modified versions of the devices [...]

Supreme Court to Create Special Tribunal for Insurrection and Treason Cases

Supreme Court to Create Special Tribunal for Insurrection and Treason Cases

SEOUL, Dec. 18 (Korea Bizwire) — The Supreme Court said Thursday it would install a dedicated tribunal to handle charges of insurrection, treason and mutiny amid the ruling party’s push to create a special bench for insurrection cases stemming from former President Yoon Suk Yeol’s failed imposition of martial law. The announcement comes as the [...]

Government Forms Task Force to Address Massive Coupang Data Breach

Government Forms Task Force to Address Massive Coupang Data Breach

SEOUL, Dec. 18 (Korea Bizwire) — The government said Thursday it will form an interagency task force to handle the recent large-scale data breach at e-commerce giant Coupang Corp. The decision was made at a meeting of science and technology–related ministers chaired by Science Minister Bae Kyung-hoon, the government said. Led by Ryu Je-myung, second [...]

Penalties for Restaurant No-Shows Quadrupled Under New FTC Guidelines

Penalties for Restaurant No-Shows Quadrupled Under New FTC Guidelines

SEOUL, Dec. 18 (Korea Bizwire) — The ceiling for no-show penalties at reservation-based fine dining restaurants will be raised to 40 percent of the preordered menu, the antitrust regulator said Thursday. From now on, advance reservation-based upscale restaurants, such as omakase establishments, will be allowed to charge a no-show fee of up to 40 percent [...]