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Hyundai Faces Calls to Extend Retirement Age as Major Issue Looms in Wage Talks

Hyundai Faces Calls to Extend Retirement Age as Major Issue Looms in Wage Talks

SEOUL, May 20 (Korea Bizwire) – With extending the retirement age emerging as a key issue in this year’s wage and collective bargaining negotiations at major South Korean companies, discussions on the matter are expected to take place at Hyundai Motor, a leader in the country’s automotive industry.  On May 19, the Dong-A Ilbo reported that [...]

Seoul Hosts Quirky Festivals to Crown Masters of Sleep and Talent

Seoul Hosts Quirky Festivals to Crown Masters of Sleep and Talent

SEOUL, May 18 (Korea Bizwire) – This weekend, the banks of the Han River in Seoul will become an unusual stage for citizens to showcase their diverse talents, from sleep prowess to singing and dancing skills. On Saturday, May 18 at 2 p.m., the Seoul Metropolitan Government will host the “Han River Sleep Masters Competition” on [...]

Seoul Expands Access to News for Disabled Citizens with Digital Newspaper Service

Seoul Expands Access to News for Disabled Citizens with Digital Newspaper Service

SEOUL, May 18 (Korea Bizwire) – The Seoul Metropolitan Government announced on May 16 that it will provide an electronic newspaper service to 3,000 disabled individuals and their families, transitioning from the paper-based news previously distributed to over 1,000 facilities and organizations serving the disabled community. The Korea Disabled News, a specialized publication covering disability welfare [...]

Seoul Transforms Han River Park Into Vast Garden Oasis

Seoul Transforms Han River Park Into Vast Garden Oasis

SEOUL, May 17 (Korea Bizwire) – Throughout the summer, the sprawling Ttukseom Hangang Park in Seoul’s Gwangjin District will undergo a metamorphosis, transforming into a grand garden oasis for the city’s residents. The Seoul Metropolitan Government announced that the 2024 Seoul International Garden Show will take place from May 16 to October 8, under the theme [...]

South Korea Unveils Revamped Exhibits at Jongmyo Shrine’s Treasured Spaces

South Korea Unveils Revamped Exhibits at Jongmyo Shrine’s Treasured Spaces

SEOUL, May 17 (Korea Bizwire) – The sacred spaces of the Jongmyo Shrine, where Korea’s ancient kings paid tribute to their royal ancestors, have undergone renovations and will reopen to the public with new exhibitions beginning May 17. Hyangdaecheong Hall and Mangmyoru Pavilion, integral to the Jongmyo Jerye royal ancestral rites, have been refurbished, offering visitors [...]

Samsung’s Top Clients Include Chinese Chip Suppliers as Sales Grow

Samsung’s Top Clients Include Chinese Chip Suppliers as Sales Grow

SEOUL, May 17 (Korea Bizwire) – Two companies that supply semiconductors to China have entered Samsung Electronics’ list of five top revenue sources, underscoring the growing importance of the Chinese market for the South Korean tech giant. According to Samsung’s quarterly report disclosed on May 16, its five biggest revenue drivers in the first quarter were [...]

LG Electronics’ Appliance Subscription Business Surges, Nearing 1 Trillion Won in Sales

LG Electronics’ Appliance Subscription Business Surges, Nearing 1 Trillion Won in Sales

SEOUL, May 17 (Korea Bizwire) – LG Electronics is experiencing robust growth in its appliance subscription service, with projections indicating the company will reach the 1 trillion won sales mark for the first time this year in this burgeoning sector. In its first-quarter report released on May 16, LG Electronics announced that its appliance subscription business [...]

Shinsegae Live Shopping Pioneers AI Broadcast Summary Service

Shinsegae Live Shopping Pioneers AI Broadcast Summary Service

SEOUL, May 17 (Korea Bizwire) – Shinsegae Live Shopping, a leading home shopping platform in South Korea, has introduced an industry-first ‘AI Broadcast Summary’ service that leverages artificial intelligence to directly analyze and summarize live broadcasts, the company announced on May 16.  This innovative service employs AI technology to identify key product features and points of [...]

Samsung Launches Gift Funding Campaign for Meaningful Occasions

Samsung Launches Gift Funding Campaign for Meaningful Occasions

SEOUL, May 17 (Korea Bizwire) – Samsung Electronics announced on May 16 that it is introducing a ‘Gift Funding’ campaign to cater to consumers who desire practical gifts for special occasions.  Building upon last year’s successful ‘Bespoke Wedding Funding’ initiative targeted at engaged couples, the company has expanded the scope to encompass a broader range of [...]

South Korea’s Premier Motorsports Festival Revs Up With Thrilling Pit Stops

South Korea’s Premier Motorsports Festival Revs Up With Thrilling Pit Stops

SEOUL, May 17 (Korea Bizwire) – Much-anticipated pit stops, witnessed just once a year by fans at South Korea’s premier motorsports event, the Superrace Championship, will unfold at the Korea International Circuit (KIC) in Yeongam, South Jeolla Province, on May 19. During the Super 6000 class final of the 2024 O-NE Superrace Championship’s third round, mechanics [...]