Korea Bizwire, Author at Be Korea-savvy | Page 91 of 1020
Seoul Halts Review of Google’s Request to Export High-Precision Maps, Citing Documentation Gaps

Seoul Halts Review of Google’s Request to Export High-Precision Maps, Citing Documentation Gaps

SEOUL, Nov. 11 (Korea Bizwire) – The South Korean government on Tuesday suspended its review of Google’s request to export high-precision maps overseas, asking the U.S. tech giant to supplement its documentation. During a review meeting, a government consultative body requested Google submit revised documents by Feb. 5, with the review process suspended until then, [...]

More South Koreans Expect Better Finances Next Year, Survey Finds, Even as Loneliness Rises

More South Koreans Expect Better Finances Next Year, Survey Finds, Even as Loneliness Rises

SEOUL, Nov. 11 (Korea Bizwire) — More than one in four South Korean households expect their financial situation to improve next year, even as a growing share of the population reports feeling lonely, according to a government survey released Tuesday. The biennial survey, conducted by the Ministry of Data and Statistics, found that 27 percent of [...]

Recover™ Launches Recover™ Fabrics to Accelerate Recycled Cotton Adoption

Recover™ Launches Recover™ Fabrics to Accelerate Recycled Cotton Adoption

Madrid, Nov. 11, 2025 (Korea Bizwire) – Recover™, a leading materials science company and one of the world’s largest producers of recycled cotton fiber, today announced the launch of Recover™ Fabrics, a new product line designed to make premium, low-impact fabrics readily accessible to brands of all sizes, from global retailers to emerging labels.  Making Sustainable Fabrics [...]

Grab Pilots High-Accuracy GPS Positioning System to Improve Location and Navigation Accuracy of GrabMaps in Singapore

Grab Pilots High-Accuracy GPS Positioning System to Improve Location and Navigation Accuracy of GrabMaps in Singapore

The pilot programme, launched in collaboration with OPPO, Qualcomm Technologies and Swift Navigation, marks Southeast Asia’s first deployment of high-accuracy GPS in a mobile phone and app integration. SINGAPORE, Nov. 11, 2025 (Korea Bizwire) – Grab Singapore has launched a pilot programme that uses high accuracy lane-level GPS positioning to enhance the navigation experience for [...]

Finextra and Cloudera Report Reveals Hybrid AI is the New Standard in Financial Services, with 91% Citing It as Highly Valuable

Finextra and Cloudera Report Reveals Hybrid AI is the New Standard in Financial Services, with 91% Citing It as Highly Valuable

Global study of financial executives finds a persistent “implementation gap” as 97% of firms face data silos and rank data security as the top barrier to AI success SANTA CLARA, Calif., Nov. 10, 2025 (Korea Bizwire) – Cloudera, the only company bringing AI to data anywhere, today announced a new global report. The report, created in [...]

T1’s Faker Credits “Passion” for His Longevity After Historic Third Straight LoL World Championship Win

T1’s Faker Credits “Passion” for His Longevity After Historic Third Straight LoL World Championship Win

SEOUL, Nov. 11 (Korea Bizwire) —  Lee “Faker” Sang-hyeok, captain of South Korea’s T1, said his enduring passion for competition and growth keeps him motivated after leading his team to a historic third consecutive victory at the 2025 League of Legends World Championship. “I’ve always loved the game, and competing with the best players still [...]

Seoul on Alert as North Korean Hackers Use AI to Destroy Data, Spy on Civilians

Seoul on Alert as North Korean Hackers Use AI to Destroy Data, Spy on Civilians

SEOUL, Nov. 11 (Korea Bizwire) — North Korean hackers have escalated their cyberattacks to a new level of sophistication, using artificial intelligence to remotely control South Koreans’ smartphones, erase data, and even spy on users through webcams and location-tracking services, according to industry experts. Cybersecurity analysts say the regime’s hacking operations have evolved from data theft [...]

Reform to End ‘Opaque Discounts’ in Lab Testing Sparks Uproar Among Doctors

Reform to End ‘Opaque Discounts’ in Lab Testing Sparks Uproar Among Doctors

SEOUL, Nov. 11 (Korea Bizwire) — The South Korean government’s plan to reform how medical clinics are paid for lab tests has sparked strong opposition from doctors, who say the changes threaten their income and overlook the realities of clinical care. The Ministry of Health and Welfare announced Monday that it will end the decades-old practice [...]

Big Five Conglomerates Now Control Half of South Korea’s Market Value

Big Five Conglomerates Now Control Half of South Korea’s Market Value

SEOUL, Nov. 11 (Korea Bizwire) — South Korea’s five largest business groups now make up more than half of the country’s total stock market capitalization, reflecting the scale of their influence amid a sharp rally in equities this year. The combined market value of listed affiliates under Samsung, SK, Hyundai Motor, LG and HD Hyundai accounted [...]