DAEJEON, March 21 (Korea Bizwire) — South Korean researchers have created a transparent film that could revolutionize indoor 5G reception, eliminating the need for expensive signal repeaters while solving one of 5G’s most persistent problems: poor indoor coverage. The Electronics and Telecommunications Research Institute (ETRI) has announced the development of an intelligent reconfigurable surface (RIS) [...]
SEOUL, March 21 (Korea Bizwire) — After facing a surge in thefts that tarnished their reputation in the American market, Hyundai and Kia have seen a dramatic turnaround, with vehicle theft rates dropping significantly following the implementation of enhanced anti-theft measures. According to data from the National Insurance Crime Bureau (NICB), reported by Reuters on [...]
SEOUL, March 21 (Korea Bizwire) — After a decade of struggle, the shipbuilding industry on Geoje Island is roaring back to life, with Hanwha Ocean and Samsung Heavy Industries both surpassing 10,000 employees each and offering substantially higher wages amid a global shipping boom. According to business reports released on March 19, Hanwha Ocean and [...]
SEOUL, March 21 (Korea Bizwire) — A study released on March 20 by the Korea Consumer Agency has revealed significant safety vulnerabilities in electric vehicle (EV) parking areas within public parking facilities, raising concerns about fire hazards and emergency response capabilities. The investigation, which examined EV charging facilities at 30 public parking structures, found that [...]
SEOUL, March 21 (Korea Bizwire) — Even before its official opening on March 21, Everland’s newest attraction — a walking safari experience called “River Trail Adventure” — has seen its advance reservations completely sold out, highlighting the immense popularity of the theme park’s latest innovation in wildlife encounters. The River Trail Adventure introduces a dramatic [...]
SEOUL, March 20 (Korea Bizwire) — Elementary schools in South Korea are adopting artificial intelligence (AI) digital textbooks at higher rates compared to middle and high schools, according to new data. Education authorities plan to inform provincial education offices and schools about additional application methods for the second semester this week, aiming to increase AI textbook usage [...]
SEOUL, March 20 (Korea Bizwire) – Owners of small businesses in South Korea typically operate for an average of 6 years and 6 months before closing shop, accumulating approximately 100 million won in debt during their business lifecycle, according to findings released today by the Korea Federation of SMEs. The data comes from a survey of [...]
SEOUL, March 20 (Korea Bizwire) – Pharmaceutical and biotech companies in South Korea are intensifying their efforts to diversify business operations, seeking to improve profitability and strengthen competitiveness by securing future growth engines. According to industry sources, ENCell, a company specializing in new drug development, plans to add artificial intelligence software development and services to its [...]
JEONJU, March 20 (Korea Bizwire) — South Korea’s Rural Development Administration (RDA) announced on Wednesday that it had developed standardized guidelines for using honeybees and bumblebees as pollinators for mango trees. Mangoes are cross-pollinating crops that traditionally rely on flies attracted by seafood products for pollination on Jeju Island, the main production region in South Korea. However, [...]
SEOUL, March 20 (Korea Bizwire) — A new study has revealed that chief executive officers with management and finance backgrounds are increasingly taking the helm at South Korea’s largest corporations, while those with technical expertise are becoming less common in the boardroom. According to data released on Wednesday by CEO Score, a corporate research firm, the proportion [...]