SEOUL, Jun. 24 (Korea Bizwire) – In a innovative approach to environmental education, 50 schools across Seoul are set to receive AI-powered recycling robots this September, the Seoul Metropolitan Office of Education announced on June 22. The robot, named “Nephron,” uses artificial intelligence to determine whether items are recyclable. When students insert a transparent plastic bottle [...]
SEOUL, Jun. 23 (Korea Bizwire) – Samsung Electronics, the South Korean tech giant, has launched its 40-inch OLED TV models in the European market, following their introduction in North America. This strategic move aims to strengthen Samsung’s position in the OLED TV sector through expanded product lines and market presence. According to industry sources on June [...]
SEOUL, Jun. 23 (Korea Bizwire) – South Korean luxury automaker Genesis has taken a bold step into the world of high-performance driving experiences with the launch of its Genesis Track Taxi Nordschleife at Germany’s renowned Nürburgring circuit on June 21. The Track Taxi program allows enthusiasts to ride alongside professional drivers in specially tuned vehicles, experiencing [...]
SEOUL, Jun. 21 (Korea Bizwire) – Samsung Electronics is embroiled in a legal dispute over allegations that it failed to disclose a game optimization service (GOS) that could limit the performance of devices in the Galaxy S22 series. On June 20, the Seoul Central District Court held the first hearing in a damages lawsuit filed by [...]
SEOUL, Jun. 21 (Korea Bizwire) – The ongoing economic struggles faced by many South Korean households due to high interest rates and inflation have led to a surge in credit card debt, surpassing 40 trillion won last month. Additionally, the use of “balance transfer” loans, which allow borrowers to consolidate debt from one credit card to [...]
SEOUL, Jun. 21 (Korea Bizwire) – Coupang, South Korea’s largest e-commerce platform, is taking action against vendors on AliExpress, the Chinese online retail service, for unauthorized use of its brand and imagery, including its recognizable rocket delivery logo. According to industry sources on June 20, numerous products listed on the Korean-language AliExpress website claim to be [...]
SEOUL, June 20 (Korea Bizwire) – A civic group comprising gig workers said Thursday it will seek to file a constitutional petition against the decision to omit platform workers, such as delivery riders or freelancers, from next year’s minimum wage system. The civic group, dubbed “finding hope for platform labor,” said it will file the [...]
SEOUL, June 20 (Korea Bizwire) – McDonald’s Korea, the local unit of fast food giant McDonald’s Corp., said Thursday it has been forced to halt sales of french fries because of concerns about “substandard” frozen potato. In a statement, McDonald’s Korea said, “Due to an unexpected issue within our supply chain, we are temporarily unavailable [...]
SEOUL, June 20 (Korea Bizwire) – The South Korean government said Thursday it will reconsider its stance on arms supply to Ukraine after North Korea and Russia signed a treaty that involves a mutual pledge to provide immediate military assistance if one of them is attacked. National Security Advisor Chang Ho-jin also expressed regret over [...]
SEOUL, Jun. 20 (Korea Bizwire) – A survey by the Korea Enterprises Federation has revealed that 7 out of 10 office workers in their 20s, 30s, and 40s are considering changing jobs, underscoring the shifting employment landscape in South Korea. The Employee Turnover Trend Survey, conducted with the participation of 1,500 full-time employees aged 20 to [...]