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South Korea and U.S. Initiate New Bilateral AI Working Group

South Korea and U.S. Initiate New Bilateral AI Working Group

SEOUL, Apr. 12 (Korea Bizwire) — South Korea and the United States have launched a bilateral working group on artificial intelligence (AI) focused on boosting tech cooperation and advancing joint research, the foreign ministry said Friday. The launch of the working group was approved last December at the inaugural South Korea-U.S. Next Generation Critical and [...]

Coupang Raises Paid-User Membership Fee Amid Competition from Chinese Rivals

Coupang Raises Paid-User Membership Fee Amid Competition from Chinese Rivals

SEOUL, Apr. 12 (Korea Bizwire) —South Korean e-commerce giant Coupang Inc. said Friday it will raise its monthly membership fee for paid users by 58 percent, in an apparent move to secure further capital amid growing challenges from Chinese rivals.   Coupang plans to charge its paid WOW membership users 7,890 won (US$5.7) starting Saturday, [...]

LGBTQ Festival Denied Permission to Use Seoul Plaza

LGBTQ Festival Denied Permission to Use Seoul Plaza

SEOUL, Apr. 12 (Korea Bizwire) — The Seoul city government decided Friday to allow an outdoor reading event to be held at Seoul Plaza in front of City Hall on May 31, effectively rejecting the request of an annual LGBTQ festival there. The LGBTQ festival was one of three events that sought to use the [...]

Camping Craze Drives South Korean Campgrounds to New Record High

Camping Craze Drives South Korean Campgrounds to New Record High

SEOUL, Apr. 12 (Korea Bizwire) – Fueled by an enduring passion for camping, the number of campgrounds across South Korea surpassed 3,700 last year, setting a new all-time high as the outdoor pursuit maintains its popularity.  According to data from the Korea Association of Tourism Organizations released on April 11, the nationwide tally of campgrounds stood [...]

South Korean City Develops App to Prevent Deaths Among Single-Person Households

South Korean City Develops App to Prevent Deaths Among Single-Person Households

SEOUL, Apr. 12 (Korea Bizwire) – The district of Jung-gu in Incheon has launched a mobile application aimed at preventing isolated deaths among its growing population of single-person households, officials announced on Tuesday. The “Safe eJung-gu” app is designed to automatically send emergency text message alerts to pre-registered guardians if the user, deemed at high risk [...]

Korean Consumers Alarmed Over Carcinogen Findings in Products from Chinese E-Commerce Platforms

Korean Consumers Alarmed Over Carcinogen Findings in Products from Chinese E-Commerce Platforms

SEOUL, Apr. 11 (Korea Bizwire) – Korean customers who have been indulging in the thrill of bargain hunting on Chinese e-commerce platforms like AliExpress and Temu are now reacting with shock and concern following reports of carcinogenic substances detected in products purchased from these sites. On April 10, the retail industry sources reported a surge in [...]

Chinese E-commerce Platforms See Surge in Sales After Entering South Korean Market

Chinese E-commerce Platforms See Surge in Sales After Entering South Korean Market

SEOUL, Apr. 11 (Korea Bizwire) – Chinese online shopping platforms, such as AliExpress and Temu, have experienced a remarkable surge in sales, with an increase of over 130% in just six months since their entry into the South Korean market. The data reveals that transactions under 30,000 won accounted for the majority of sales, at 78% [...]

Foreign Media Praises South Korean Broadcasters’ Innovative Election Night Coverage

Foreign Media Praises South Korean Broadcasters’ Innovative Election Night Coverage

SEOUL, Apr. 10 (Korea Bizwire) –Foreign news outlets have praised South Korean broadcasters for their fresh and engaging attempts at election night coverage for the recent general elections. In an article titled “Is This a K-Drama? No, It’s Election Night in South Korea,” the BBC highlighted how major South Korean broadcasters incorporated elements of popular [...]

Aging Populations Linked to Climate Change Vulnerability, Study Finds

Aging Populations Linked to Climate Change Vulnerability, Study Finds

SEOUL, Apr. 10 (Korea Bizwire) – As populations around the world continue to age, a new study by researchers at the Korea Advanced Institute of Science and Technology (KAIST) has revealed a complex interplay between this demographic shift and a community’s ability to adapt to climate change – a first-of-its-kind global analysis.  The research team, led [...]

Samsung Brings NHN Bugs’ ‘Essential’ Music Curation to Smart TV App Store

Samsung Brings NHN Bugs’ ‘Essential’ Music Curation to Smart TV App Store

SEOUL, Apr. 10 (Korea Bizwire) – Samsung Electronics has launched the “Essential” music curation service from NHN Bugs on its smart TV app store, providing a unique audio-visual experience tailored exclusively for Samsung TV users.  The “Essential” application offers specially curated playlists that can only be enjoyed on Samsung TVs, accompanied by visually captivating background designs [...]