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South Korea Shows Off Cooperative Driving Among Autonomous Vehicles

South Korea Shows Off Cooperative Driving Among Autonomous Vehicles

HWASEONG, Feb. 6 (Korea Bizwire) — South Korea successfully demonstrated 5G cooperative driving technology for autonomous vehicles at K-City in Hwaseong on Monday, along with the latest road safety technology that prevents accidents in inclement weather and blind spots. It’s the first time in the world that cooperative driving has been trialed as part of [...]

Hyundai Motor’s Self-Driving Cars Succeed in Trial Run from Seoul to PyeongChang

Hyundai Motor’s Self-Driving Cars Succeed in Trial Run from Seoul to PyeongChang

SEOUL, Feb. 5 (Korea Bizwire) – Hyundai Motor Co., South Korea’s No. 1 carmaker, said Sunday its autonomous vehicles have succeeded in a test drive from Seoul to PyeongChang, an alpine town that is hosting the upcoming Winter Olympics. Hyundai has been expanding its self-driving vehicle program and plans to promote its technology at the [...]

Desktop Computers Falling Out of Favor in South Korea

Desktop Computers Falling Out of Favor in South Korea

SEOUL, Feb. 1 (Korea Bizwire) – Compared to a few years ago, the number of desktop computers in South Korean homes has decreased dramatically due to the widespread use of smartphones and other mobile devices. The Ministry of Science and ICT and the KISA (Korea Internet & Security Agency) disclosed the results of their “2017 [...]

South Korean Coffeehouse Chain Showcases Robot Cafe

South Korean Coffeehouse Chain Showcases Robot Cafe

SEOUL, Jan. 31 (Korea Bizwire) — A new café where robots serve drinks has opened in Seoul. South Korean Coffeehouse chain Dal.komm Coffee held a launch event for the new robot café ‘b;eat’ on Tuesday at Some Sevit Floating Island in Seocho District, Seoul, celebrating the first robot café which opened at Incheon Airport’s new Terminal [...]

FSC to Force Companies to Go Public with Corporate Governance

FSC to Force Companies to Go Public with Corporate Governance

SEOUL, Jan. 30 (Korea Bizwire) – The Financial Services Commission has said it will force companies to go public with their corporate governance plans from next year. According to the FSC on Sunday, plans are in the works to require companies to make public corporate governance reports as part of efforts to strengthen transparency and [...]

From Laundromats to Self-Service Karaoke, ‘Coin Economy’ Booming in South Korea

From Laundromats to Self-Service Karaoke, ‘Coin Economy’ Booming in South Korea

SEOUL, Jan. 29 (Korea Bizwire) – From coin-operated laundromats to unmanned karaoke rooms, a notable number of self-service businesses have sprung up across South Korea in recent years on the back of growing popularity. With a cold snap that saw temperatures drop below minus ten degrees Celsius over the weekend, South Koreans left with frozen pipes [...]

“Eating Alone” Diners Drive Growth of Onigiri-style Gimbap, Instant Rice

“Eating Alone” Diners Drive Growth of Onigiri-style Gimbap, Instant Rice

SEJONG, Jan. 25 (Korea Bizwire) — Rice consumption per capita may be on the decline, but data indicates that the popularity of instant rice, lunch boxes and onigiri-style samgak (triangle) gimbap is on the upswing thanks to the increasing proclivity for diners to eat unaccompanied. During the 2017 marketing year for rice announced by Statistics [...]

More Autonomous Cars Being Tested in South Korea

More Autonomous Cars Being Tested in South Korea

SEOUL, Jan. 19 (Korea Bizwire) — The mileage for autonomous car test drives has surpassed 190,000 kilometers in South Korea over the last two years. The Ministry of Land, Infrastructure and Transport said on Thursday that a total of 30 autonomous vehicles from 17 organizations have been undergoing testing since 2016, when test drives for [...]

Luxury ‘Strawberry Buffets’: Latest Fad Among Trendy South Korean Consumers

Luxury ‘Strawberry Buffets’: Latest Fad Among Trendy South Korean Consumers

SEOUL, Jan. 11 (Korea Bizwire) – With a new consumer tendency that prioritizes satisfaction over cost-effectiveness sweeping across South Korea, an increasing number of luxury hotels are introducing strawberry buffets to target trendy consumers. ‘Strawberry desert buffets’ are almost becoming an annual event at luxury hotels in South Korea, as a growing number of consumers now [...]

Work-Life Balance Point of Emphasis for S. Korea’s Millennials

Work-Life Balance Point of Emphasis for S. Korea’s Millennials

SEOUL, Jan. 4 (Korea Bizwire) — “Work-life balance”, “feel-good value”, “more mobile” and “relationship ennui”. These four phrases espouse the lifestyle preferences of South Korea’s millennial generation, according to a big data analysis of 12 billion posts on social networking services conducted by advertising agency HS Ad. Referring to young adults born between the early [...]