SEOUL, Aug. 23 (Korea Bizwire) — South Korean agriculture authorities are turning to genetic engineering to develop high-quality beef as part of their efforts to meet the growing interest and varying demand for different beef cuts in the country. The Rural Development Administration (RDA) announced on Wednesday that it is developing technology to genetically assess [...]
SEOUL, Aug. 23 (Korea Bizwire) — A South Korean research team has developed environment-friendly paper micro-fluid chips that could replace silicon chips in the medical and environmental fields, the National Research Foundation of Korea (NRF) said on Wednesday. The research team led by professor Hyun Jin-ho at Seoul National University was able to successfully develop [...]
SEOUL, Aug. 23 (Korea Bizwire) – LG Electronics Inc.’s upcoming flagship smartphone, the LG V30, is expected to support the Korean-language edition of Google Assistant, a voice recognition program created by U.S. tech giant Google Inc., industry sources said Wednesday. Google earlier said it will complete the development of the Korean edition of Google Assistant [...]
SEOUL, Aug. 23 (Korea Bizwire) – Korea Electric Power Corp. (KEPCO), the state-run public utility firm, signed on as a corporate sponsor for the 2018 PyeongChang Winter Olympics on Wednesday. KEPCO is the first public corporation to lend support to PyeongChang 2018. As a “Tier One” partner, KEPCO reserves a wide range of marketing rights, [...]
SEOUL, Aug. 23 (Korea Bizwire) – Netmarble Games, South Korea’s top mobile game developer, on Wednesday rolled out its mega-hit title, “Lineage 2: Revolution,” in Japan. The mobile role-playing game immediately became the most popular free app both in the Google Play Store and Apple’s App Store. The game — which has gained huge popularity [...]
SEOUL, Aug. 23 (Korea Bizwire) — South Korea’s trade balance of intellectual property has improved during the first half of this year, with the deficit dropping to a record low of $600 million, while major companies posted a surplus for the first time thanks to royalties in the IT industry, the Bank of Korea said. [...]
SEOUL, Aug. 23 (Korea Bizwire) — The South Korean government has submitted a human rights review report to the United Nations, making known its intention to discuss possible alternatives to the country’s mandatory military service for conscientious objectors on religious grounds. According to the Ministry of Justice on Tuesday, South Korea’s third Universal Periodic Review [...]
SEOUL, Aug. 23 (Korea Bizwire) – Stocks of South Korean shipyards, led by Hyundai Heavy Industries Co., rebounded Wednesday, ending their declines for the past few days, but uncertainties still lie ahead over whether they will be able to secure new orders, industry sources said Wednesday. Hyundai Heavy traded at 152,500 won (US$135) on the [...]
SEOUL, Aug. 23 (Korea Bizwire) – The Seoul Central District Court decided Wednesday not to allow the upcoming sentencing hearing for Samsung Electronics Vice Chairman Lee Jae-yong to be televised live, saying the move could unfairly hurt the interests of defendants. The court also decided not to permit the taking of still photos during Friday’s [...]
SEOUL, Aug. 23 (Korea Bizwire) – With South Korean internet-only financial institution Kakao Bank continuing to enjoy a significant level of attention, business partner 7-Eleven is benefiting from the online bank’s popularity. In the midst of the surging popularity of Kakao Bank that is sweeping the country, 7-Eleven has emerged as the unexpected beneficiary from [...]