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Chinese Economic Sanctions Putting a Damper on Korean Wave

Chinese Economic Sanctions Putting a Damper on Korean Wave

SEOUL, Sept. 18 (Korea Bizwire) — South Korea’s cultural content trade surplus, bolstered by the popularity of “hallyu,” or the Korean wave, has decreased significantly in the first six months of 2017 due to China’s economic sanctions over a missile defense system, government data showed Monday. China, South Korea’s biggest overseas market, has retaliated against [...]

Naver and Kakao’s Battle for AI Speaker Dominance Might Be Decided By Emoji Characters

Naver and Kakao’s Battle for AI Speaker Dominance Might Be Decided By Emoji Characters

SEOUL, Sept. 16 (Korea Bizwire) – The battle for AI speaker dominance is about to get heated as Naver and Kakao are sending out their very best “spokespersons” to the marketing front. According to tech industry insiders, Naver is planning to release its AI speaker “Wave” before the year is up. Concurrently, Kakao is making [...]

Number of Nuclear Engineering Students Rises Despite Government’s Anti-Nuclear Energy Stance

Number of Nuclear Engineering Students Rises Despite Government’s Anti-Nuclear Energy Stance

SEOUL, Sept. 15 (Korea Bizwire) – Despite the South Korean government’s efforts to reduce the country’s reliance on nuclear energy and initiate a shift towards renewable alternatives, a surprising number of soon-to-be high school graduates have applied to study nuclear engineering at university this year. According to sources in the education sector on Thursday, the [...]

Environment Ministry to Reintroduce Disposable Cup Charge

Environment Ministry to Reintroduce Disposable Cup Charge

SEOUL, Sept. 15 (Korea Bizwire) – South Korean environment authorities are set to announce a set of comprehensive measures designed to reduce the use of disposables next month, including the reintroduction of disposable coffee cup charges. The Ministry of Environment said on Thursday it was finalizing a draft for comprehensive countermeasures to curb the use of [...]

Seoul Charging Ahead as Carmakers Go Electric

Seoul Charging Ahead as Carmakers Go Electric

SEOUL, Sept. 15 (Korea Bizwire) — South Korea is speeding up its efforts to expand charging infrastructure for electric vehicles (EVs), as global carmakers’ unveiled road maps for electrification at this year’s Frankfurt Motor Show, industry watchers said Friday. The government is planning to increase the number of fast-charging stations to 3,000 across the country [...]

Kakao’s AI System Kakao I Integrated with Samsung’s Voice Recognition Program Bixby

Kakao’s AI System Kakao I Integrated with Samsung’s Voice Recognition Program Bixby

SEOUL, Sept. 14 (Korea Bizwire) — South Korea’s top mobile messenger operator Kakao Corp. said Thursday it has partnered with tech giant Samsung Electronics Co. in the artificial intelligence (AI) sector to tap deeper into the burgeoning industry. Kakao I, the company’s AI platform, will be integrated with Samsung’s voice recognition program, Bixby, to allow [...]

Free-Range Eggs a Trendy Chuseok Gift After Egg Contamination Scandal

Free-Range Eggs a Trendy Chuseok Gift After Egg Contamination Scandal

SEOUL, Sept. 14 (Korea Bizwire) – After a serious egg contamination scandal that shook the confidence of South Korea consumers, gift sets of free-range eggs from animal-friendly farms have appeared at department stores, marking the first time eggs are being considered as a Chuseok gift. Lotte Department Store, one of the country’s major department store chains, [...]

Young People’s Auto Purchase Dips on Budget, Car Sharing: Data

Young People’s Auto Purchase Dips on Budget, Car Sharing: Data

SEOUL, Sept. 14 (Korea Bizwire) — Young people in their 20s and 30s here have been buying fewer cars in recent years as they have difficulty finding jobs and car-sharing services here are more appealing to them, industry data showed Thursday. Those in their 30s bought a total of 144,360 vehicles in the first six [...]

5G Self-Driving Bus to be Unveiled Ahead of 2018 Winter Olympics

5G Self-Driving Bus to be Unveiled Ahead of 2018 Winter Olympics

  SEOUL, Sept. 12 (Korea Bizwire) – A fifth-generation self-driving bus is set to be unveiled in October in celebration of the PyeongChang 2018 Olympic Winter Games and Paralympics. With less than 150 days left until one of the world’s biggest sporting events kicks off in the northeastern part of South Korea, the Ministry of Science [...]

Court Orders Seoul National University Hospital to Disclose Animal Testing Records

Court Orders Seoul National University Hospital to Disclose Animal Testing Records

SEOUL, Sept. 12 (Korea Bizwire) – Animal rights groups saw their lawsuit demanding that Seoul National University Hospital publicly disclose its records on in-house animal testing approved by the Seoul 11th Administrative Court on August 28. Prior to the suit, the hospital had rebuffed such demands by expressing that it was “not unconcerned that [the [...]