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Samsung’s New All-In-One Washer-Dryer Finds Early Success in South Korea

Samsung’s New All-In-One Washer-Dryer Finds Early Success in South Korea

SEOUL, Apr. 12 (Korea Bizwire) — Samsung Electronics’ innovative all-in-one washer-dryer, introduced in South Korea in February, has achieved a successful market entry, defying expectations that the novel form factor might face an uphill battle for consumer adoption. The “Bespoke AI Combo,” which combines washing and drying functions into a single appliance, immediately captured consumer interest [...]

Gov’t to Mobilize Over 2,700 Additional Nurses amid Prolonged Doctors’ Walkout

Gov’t to Mobilize Over 2,700 Additional Nurses amid Prolonged Doctors’ Walkout

SEOUL, Apr. 12 (Korea Bizwire) — The health ministry said Friday it will send more than 2,700 additional physician assistant (PA) nurses to hospitals to minimize medical system disruptions amid a prolonged walkout by trainee doctors. More than 90 percent of South Korea’s 13,000 trainee doctors have walked off the job in protest since Feb. [...]

Chinese E-commerce Platforms See Surge in Sales After Entering South Korean Market

Chinese E-commerce Platforms See Surge in Sales After Entering South Korean Market

SEOUL, Apr. 11 (Korea Bizwire) – Chinese online shopping platforms, such as AliExpress and Temu, have experienced a remarkable surge in sales, with an increase of over 130% in just six months since their entry into the South Korean market. The data reveals that transactions under 30,000 won accounted for the majority of sales, at 78% [...]

Foreign Media Praises South Korean Broadcasters’ Innovative Election Night Coverage

Foreign Media Praises South Korean Broadcasters’ Innovative Election Night Coverage

SEOUL, Apr. 10 (Korea Bizwire) –Foreign news outlets have praised South Korean broadcasters for their fresh and engaging attempts at election night coverage for the recent general elections. In an article titled “Is This a K-Drama? No, It’s Election Night in South Korea,” the BBC highlighted how major South Korean broadcasters incorporated elements of popular [...]

LG’s Combo Washer-Dryers Dominate South Korea Sales, Reflecting Shift to Efficient, Intelligent Home Appliances

LG’s Combo Washer-Dryers Dominate South Korea Sales, Reflecting Shift to Efficient, Intelligent Home Appliances

SEOUL, Apr. 9 (Korea Bizwire) – Eight out of 10 customers who purchased a washing machine or dryer from LG Electronics’ retail stores in South Korea this year opted for combination washer-dryer units, the company announced on April 8. The popularity of the all-in-one laundry appliances, which handle both washing and drying cycles, reflects their space [...]

Millennial-Friendly Buddhist Expo in Seoul Draws Throngs of Young Visitors

Millennial-Friendly Buddhist Expo in Seoul Draws Throngs of Young Visitors

SEOUL, Apr. 8 (Korea Bizwire) – A major Buddhist exhibition that opened in Seoul on April 4 has unexpectedly captured the enthusiasm of young South Koreans, with an influx of social media reviews causing the event’s official website to crash from overwhelming traffic.  The 2024 Seoul International Buddhist Expo, hosted by the Jogye Order of Korean [...]

South Korean Consumers Flock to Chinese E-Commerce Giants Amid Backlash

South Korean Consumers Flock to Chinese E-Commerce Giants Amid Backlash

SEOUL, Apr. 5 (Korea Bizwire) – South Korean consumers have been rapidly embracing Chinese e-commerce platforms like Alibaba’s AliExpress and Pinduoduo’s Temu, lured by steep discounts and aggressive promotional campaigns. However, this surge in popularity has not come without concerns over product quality, delivery delays, and regulatory compliance.  AliExpress, a subsidiary of the Chinese tech giant [...]

Medical Professors to File Constitutional Petition over Doctor Quota Hike

Medical Professors to File Constitutional Petition over Doctor Quota Hike

SEOUL, Apr. 5 (Korea Bizwire) — Medical professors plan to file a constitutional appeal over the government’s decision to raise medical school admissions, claiming the increase violates their basic rights, officials said Friday. The Medical Professors Association of Korea is scheduled to file the petition with the Constitutional Court before the April 10 general elections [...]

Fu Bao’s Tense Arrival in China Sparks Concern Over Animal Welfare and Media Practices

Fu Bao’s Tense Arrival in China Sparks Concern Over Animal Welfare and Media Practices

SEOUL, Apr. 4 (Korea Bizwire) –Fu Bao, the beloved giant panda who spent the first few years of her life at the Everland theme park in South Korea before departing for China on April 3, was visibly tense in the unfamiliar environment, with footage showing the animal’s startled reaction when handlers poked their fingers through [...]

South Korea’s Executive Pay 24 Times Higher Than Worker Average, Report Shows

South Korea’s Executive Pay 24 Times Higher Than Worker Average, Report Shows

SEOUL, Apr. 3 (Korea Bizwire) – In South Korea, the pay disparity between top executives and average employees in major corporations has reached a staggering level. Last year, the average annual salary for CEOs of large companies was reported at 2.09 billion won, while their employees earned an average of 87 million won, resulting in a [...]