SEOUL, May 25 (Korea Bizwire) – The first official shop of the 2018 PyeongChang Winter Games will open in the South Korean capital this week, selling licensed merchandise associated with the international sporting event, local organizers said Thursday. The PyeongChang Organizing Committee for the 2018 Olympic & Paralympic Winter Games (POCOG) said the official merchandise store [...]
SEOUL, May 25 (Korea Bizwire) – South Korea’s defense authorities on Wednesday approved a procurement project to improve the military’s system to identify aircraft and determine whether it’s an enemy or a friendly force. In a monthly meeting on pending arms-related projects, presided over by Defense Minister Han Min-koo, the military decided to launch the Identification Friend or Foe (IFF) program next year via both the country’s own R&D [...]
SEOUL, May 25 (Korea Bizwire) – A European hacker community on Wednesday published a video showing a purported security hole in the iris scanner of Samsung’s Galaxy S8 smartphone. The Chaos Computer Club, a long-running European hacker collective based in Berlin, uploaded the video named “Circumventing the Samsung Galaxy S8 Iris Scanner” on its Web site, in which the smartphone is shown being fooled by an image of an iris with a contact lens placed over [...]
SEOUL, May 24 (Korea Bizwire) – A South Korean army captain who was arrested during a controversial clandestine investigation into gay soldiers in the military received a sentence of six months of imprisonment suspended for one year at his final trial today, despite public calls for his release. Contrary to the widely parroted statement from South [...]
SEOUL, May 24 (Korea Bizwire) – Starbucks Coffee Korea has been ordered to compensate a customer for providing only one free coffee after the consumer won an event that originally promised a free drink every day for a year, the plaintiff’s lawyer said Wednesday. The customer, surnamed Ko, filed the case with the Seoul Central [...]
SEOUL, May 24 (Korea Bizwire) – Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Wednesday it will test its i30N hot hatch in a 24-hour endurance race in Germany this weekend. Hyundai sent an 8-member driver team, composed of four research engineers and four professional drivers, to the 2017 24 Hours Nurburgring to [...]
SEOUL, May 24 (Korea Bizwire) – Accidents involving personal transport including scooters and Segways have nearly quadrupled over the past four years, according to recent information compiled by the Hyundai Insurance Research Center. The statistics released yesterday, which were based on the insurance company’s database, revealed that the incidence of accidents increased over 300 percent, [...]
SEOUL, May 24 (Korea Bizwire) – With employment stability rapidly becoming one of the most important considerations for those seeking a job, more than half of the university students and salaried workers in South Korea are eyeing the idea of becoming a civil servant. According to a recent online survey conducted by the Korea TOEIC [...]
SEOUL, May 24 (Korea Bizwire) – New statistics show an increasing number of South Korean baby boomers in their 50s are purchasing smaller apartments. Daewoo Engineering & Construction (Daewoo E&C) teamed up with the industry academic research team at Konkuk University and conducted a big data analysis which revealed that over 36 percent of buyers [...]
BUSAN, May 24 (Korea Bizwire) – Busan Metropolitan City is building on its cool roof project from last year to prepare the city for heat waves this summer. Busan’s cool roof project assists with painting roofs in the city white, which helps to reflect sunlight and prevent the building from heating up. Over 400 residential [...]