SEOUL, Jan. 4 (Korea Bizwire) – SK Telecom Co. and SK C&C Co., both affiliates of SK Group, are likely to team up on developing computing systems that allow users to communicate with machines in natural conservation style, industry observers said Wednesday. In September last year, SK Telecom, the nation’s top mobile carrier, launched an [...]
SEOUL, Jan. 4 (Korea Bizwire) – Kia Motors unveiled Wednesday the All New Morning, or Picanto in some international markets, which will make its official launch in Korea later in January. The new Morning is the first refreshed model of the vehicle in six years, after the last (second) generation Morning was released in 2011, [...]
SEOUL, Jan. 4 (Korea Bizwire) – Artificial intelligence and robotics experts surveyed by the Korea Employment Information Service have predicted that within ten years, more than half of the working population will be employed in professions highly replaceable by AI and robots. Technological advancement will greatly improve the abilities of the machines, experts said, giving [...]
SEOUL, Jan. 4 (Korea Bizwire) – Last year’s floods affecting key soybean producers in Latin America, including those in Argentina, led to a drop in the soybean harvest, which is now crippling the supply of business-to-business cooking oil in Korea – further pressuring food businesses that are already suffering from soaring egg prices from the [...]
SEOUL, Jan. 4 (Korea Biziwre) – Korean Internet giant Naver announced Tuesday that its video-sharing app Snow surpassed the 100-million mark in total downloads, setting a new milestone for the app, which has seen rapid growth in popularity in East Asian and Southeast Asian markets. Snow was launched in September 2015, and according to Naver, [...]
SEOUL, Jan. 4 (Korea Bizwire) – Pittsburgh Pirates infielder Kang Jung-ho, facing indictment over charges of driving under the influence of alcohol, was dropped from the national team for this year’s World Baseball Classic (WBC) on Wednesday. Manager Kim In-sik made the decision after meeting with his coaches at the Korea Baseball Organization (KBO) headquarters [...]
SEOUL, Jan. 4 (Korea Bizwire) – A rise in home prices tended to lower the birthrate, a trend that existed regardless of whether the economy was good or bad, a report from a local institute said Wednesday. The Korea Institute of Child Care and Education followed the changes in home prices and their correlation to [...]
SEOUL, Jan. 4 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it will update the software in South Korea to prevent owners of the Galaxy Note 7 smartphones from charging beyond 15 percent from next Monday, with about 94 percent of the devices sold at home retrieved. In a brief statement, Samsung said it will [...]
SEOUL, Jan. 4 (Korea Bizwire) – South Korea’s shipbuilding industry is due to be outdone by Japan for the first time in 17 years in order backlog, tentative data from a global research firm indicated Wednesday, overturning its dominance that at one time was 10 times bigger than that of its neighbor. Estimates from Clarkson [...]
SEJONG, Jan. 4 (Korea Bizwire) – South Korea will invest nearly 14 trillion won (US$11.6 billion) into new energy industries such as solar power this year in a bid to foster the potential sectors as the country’s new growth engines, the ministry here said Wednesday. The Ministry of Trade, Industry and Energy said investment made [...]