SEOUL, July 6 (Korea Bizwire) — South Korea’s population continued to decrease during the second quarter as deaths outnumbered births, government data showed Tuesday. As of the end of June, the nation’s registered population stood at 51,672,400, down 0.06 percent from 51,705,905 tallied at the end of March, according to census figures from the Ministry [...]
SEOUL, July 6 (Korea Bizwire) — LG Group, South Korea’s fourth-largest conglomerate, is apparently looking to beef up its business relationship with Apple Inc., industry insiders said Tuesday, amid rumors that its electronics affiliate may sell the U.S. tech titan’s products at its retail shops. LG recently held a special promotion for iPhones, iPads and [...]
SEOUL, July 5 (Korea Bizwire) — Government restrictions on outdoor activities and gatherings due to the pandemic are resulting a spike in the popularity of exercise videos on YouTube. One of the most popular fitness channels on YouTube is Gym Jong Kook, a channel run by South Korean singer Kim Jong-kook. The channel reached 1 [...]
SEOUL, July 1 (Korea Bizwire) — Starting Thursday, anyone who has received at least one dose of a COVID-19 vaccine more than two weeks ago is allowed to go maskless when outdoors. The mask exemption for those who are partially or fully vaccinated took effect across the country at the beginning of July, as part [...]
SEOUL, July 1 (Korea Bizwire) — South Korea’s imports of Japanese etching gas fell below US$10 million for the first time in 17 years as a result of the efforts made by the government and the industry to develop production capabilities and diversify supply channels. Etching gas, also known as hydrogen fluoride, is one of [...]
SEOUL, June 30 (Korea Bizwire) — A considerable number of teenagers are facing depression and anxiety following the coronavirus outbreak, with 1 in 10 South Korean teenagers saying they have considered self-harm or even suicide, a survey showed Tuesday. The Korea Society for Traumatic Stress Studies conducted an online survey of 570 teenagers between 13 [...]
SEOUL, June 30 (Korea Bizwire) — Hyundai Motor Co. is moving toward electric vehicles to join the global automotive trend, but its workers at the leading automaker fret over the prospect of less assembly work and want job security in the changing business environment. Hyundai Motor’s labor union is girding for a battle after it [...]
SEOUL, June 29 (Korea Bizwire) – Pangyo, South Korea’s answer to Silicon Valley in the U.S., is home to many technology companies. Its image, however, is being tainted with a highly stressful working environment and rigid work culture. South Korea’s leading internet portal Naver Corp., which saw one of its employees commit suicide due to [...]
SEOUL, June 26 (Korea Bizwire) — South Korean refiners are jacking up investment in the burgeoning hydrogen market to secure their place in a world shifting away from fossil fuels and to get ahead of the next big change in the energy industry. Hydrogen, which burns clean when mixed with oxygen in a fuel cell, [...]
SEOUL, June 25 (Korea Bizwire) — A Seoul court on Friday ruled against global video streaming giant Netflix in its prolonged network usage fee dispute with South Korean major internet access provider SK Broadband Inc. The Seoul Central District Court dismissed a request from Netflix to confirm that the United States-based video streaming service provider [...]