SEOUL, June 13 (Korea Bizwire) – Personal information processing policies of 49 companies and institutions, which are closely related to people’s daily life, will be evaluated by the government for the first time this year, the state’s data protection watchdog said Thursday. The 49 entities include major tech companies and online shopping malls, such as [...]
SEOUL, Jun. 13 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will provide comprehensive “one-stop” artificial intelligence solutions for its foundry customers, with a focus on up-to-date technologies for high-performance, low-power AI chips. “At a time when numerous technologies are evolving around AI, the key to its implementation lies in high-performance, low-power semiconductors,” Choi [...]
SEOUL, June 12 (Korea Bizwire) – The South Korean units of Google and Apple were among firms here fined for allegedly violating a law on location data collection, the telecom regulator said Wednesday. Google’s Korean unit was ordered to pay a fine of 3 million won (US$2,180) for allegedly violating a clause on disclosing its [...]
ANSAN, South Korea, June 12 (Korea Bizwire) – Kakao Corp., the operator of South Korea’s top mobile messenger, has unveiled its first independent data center as part of its effort to improve service stability following a massive service disruption in 2022. “A data center is a core asset for Kakao, crucial for the stable operation [...]
SEOUL, Jun. 12 (Korea Bizwire) – Despite spending 47 trillion won last year to tackle the country’s chronically low birth rate, about half of that budget was allocated to programs unrelated to the core issue, experts warned, calling for a restructuring of government spending to better address the demographic crisis. At a seminar on June 11 [...]
SEOUL, Jun. 11 (Korea Bizwire) – The 25th Seoul Queer Parade, held on June 1, attracted a record-breaking 155,000 participants. Over its 25-year history, the Queer Parade has gradually evolved from a niche event into a grand festival for all. However, behind this growth lies a sobering reality that many are unaware of. According to a [...]
SEOUL, Jun. 11 (Korea Bizwire) – A mushroom species native to Korea has been found to possess the ability to inhibit muscle cell death, according to research conducted by the National Institute of Biological Resources and a team led by professor Kim Seung-young from Sun Moon University. On June 10, the researchers announced that the cultured [...]
SEOUL, Jun. 10 (Korea Bizwire) – As the early summer heat sets in, the demand for watermelons is rising in earnest. While customers seeking large watermelons weighing over 6 kilograms, with the adage “the bigger, the better,” remain steady, mini watermelons and pre-cut watermelon slices are gaining immense popularity due to the increasing number of single [...]
SEOUL, Jun. 8 (Korea Bizwire) –As South Korean consumers increasingly pursue value amid high inflation, convenience store chains are rolling out a wave of ultra-low-cost products priced below 1,000 won. With the “lunchhflation” of soaring midday meal costs straining office workers, these inexpensive food items have found particular appeal as affordable lunch options. The popular [...]
SEOUL, Jun. 7 (Korea Bizwire) – As he was inducted into the League of Legends Hall of Legends on June 6, Lee Sang-hyeok, known as “Faker,” the celebrated professional gamer for the T1 team, spoke about the profound impact his career has had on fans worldwide. “Throughout my professional life, I’ve faced many ups and [...]