SEOUL, Aug. 7 (Korea Bizwire) — South Korea’s export of cathodes, a key secondary battery material, to the United States surged almost threefold in the first seven months from a year earlier, on growing demand for electric vehicle (EV) cells and the new U.S. law on promoting green technologies, data showed Monday. Outbound shipments of [...]
SEOUL, Aug. 7 (Korea Bizwire) – South Korea’s battery material companies are intensifying efforts to boost local precursor production capabilities, aiming to decrease reliance on imports from China while ensuring stable procurement, in light of the implementation of the U.S. Inflation Reduction Act (IRA). LS Corp., the holding company of the electric power equipment enterprise [...]
SEOUL, Aug. 7 (Korea Bizwire) — An increasing number of game developers are embracing the strategy of “soft launches,” wherein they release games in a limited number of countries prior to the official launch. In contrast to beta testing, soft launches incorporate revenue-related elements like paid subscriptions, and the data remains intact post the official [...]
SEOUL, Aug. 7 (Korea Bizwire) — The leading cause of dementia among South Koreans is insufficient physical activity, a study showed Sunday. Researchers from the Samsung Medical Center analyzed data from the National Health Insurance Service and monitored a total of 794,448 individuals without any history of dementia as of 2006. Throughout the observation period [...]
SEOUL, Aug. 6 (Korea Bizwire) — Police said Sunday they have tracked down 54 people in connection with online murder threat posts across the country amid concerns of copycat crimes following a recent stabbing rampage at a department store south of Seoul. Police said they are reviewing the circumstances and criminal charges against those identified [...]
SEOUL, Aug. 6 (Korea Bizwire) – Samsung Electronics Co. retained its top spot in the global memory chip market in the first quarter despite lackluster earnings amid the chip glut, a report showed Sunday. SK hynix Inc., on the other hand, was pushed back to third place from No. 2 compared with a year earlier, [...]
SEOUL, Aug. 6 (Korea Bizwire) — Municipal and provincial governments across South Korea were busy arranging various tourism programs for participants at the World Scout Jamboree under way in the country as alternative activities amid an ongoing extreme heat wave and other issues that have affected the global gathering. The event held in the southwestern [...]
SEOUL, Aug. 6 (Korea Bizwire) — South Korea has decided to allow up to 30 businesspeople to visit Ukraine each time for potential projects for reconstruction and recovery under special travel exceptions, officials and industry sources familiar with the matter said Sunday. Seoul has expressed its intent to actively participate in helping to rebuild the [...]
SEOUL, Aug. 5 (Korea Bizwire) — Police intensified their investigation Saturday into a wave of online posts threatening copycat crimes following a recent stabbing rampage at a department store. On Thursday afternoon, a man drove a car onto a sidewalk and attacked people with a knife at a department store in Seongnam, south of Seoul, [...]
SEOUL, Aug. 5 (Korea Bizwire) — Representatives of the participating countries decided to go ahead with the World Scout Jamboree on Saturday despite sweltering temperatures and other challenges that led U.S., British and other Scouts to pull out from the campsite on the country’s southwest coast. Prime Minister Han Duck-soo announced the decision after a [...]