SEOUL, Mar. 25 (Korea Bizwire) –The Ministry of Science and ICT (MSIT) has announced the launch of the ‘Kiosk UI Platform’ starting March 26, aimed at simplifying the development of accessible kiosks that ensure information access for the elderly and disabled communities. To create user-friendly kiosks for all citizens, the MSIT has established UI design [...]
SEOUL, Mar. 25 (Korea Bizwire) – Samsung Electronics has launched a new model of its premium “Bespoke Cube Air Infinite Line” air purifier series featuring the innovative “Infinite Line Filter” that eliminates the need for periodic filter replacements. The Infinite Line Filter, introduced on March 25, is comprised of a washable germicidal dust collection filter [...]
SEOUL, Mar. 25 (Korea Bizwire) – Alibaba Group, the Chinese e-commerce behemoth behind platforms like AliExpress, has announced plans to invest $200 million to establish a logistics center in South Korea, setting off alarm bells across the country’s e-commerce and logistics industries. The move to secure a Korean logistics hub, the first since Alibaba’s entry into [...]
SEOUL, Mar. 25 (Korea Bizwire) – A stark divide exists between the paychecks of top executives and ordinary employees at South Korea’s major conglomerates, with a new analysis revealing that executives earn on average more than 11 times the salary of regular workers. According to data compiled by Chaebul.com from the 2023 fiscal year business reports [...]
SEOUL, Mar. 22 (Korea Bizwire) – Jensen Huang, the chief executive of Nvidia, made a notable appearance at Samsung Electronics’ booth during the annual GTC 2024 developers’ conference in San Jose, California. There, he left a handwritten signature on Samsung’s upcoming high-bandwidth memory chip, HBM3E, fueling expectations of a stronger partnership between the two companies. On [...]
SEOUL, Mar. 22 (Korea Bizwire) – As cherry blossom festivals bloom across South Korea, Starbucks Korea has unveiled a map highlighting 10 of its most picturesque locations for admiring the fleeting spring spectacle. In Changwon, South Gyeongsang Province, home to the country’s largest cherry blossom festival in Jinhae, the Starbucks Jinhae Gyeonghwa Station Drive-Thru offers sweeping [...]
SEOUL, Mar. 21 (Korea Bizwire) – The number of South Koreans opting to receive their national pension benefits before the official retirement age, despite incurring a financial penalty, has reached nearly one million, reflecting the economic struggles faced by many retirees. According to data from the National Pension Service released on March 20, the total number [...]
SEOUL, Mar. 21 (Korea Bizwire) – The main opposition Democratic Party of South Korea unveiled an ambitious plan on March 20 to increase the country’s reliance on renewable energy sources to 40% by 2035, a significant stride toward achieving the “100% Renewable Energy” (RE100) goal. The party’s policy committee announced the “Renewable Energy 3540″ electoral pledge, [...]
SEOUL, Mar. 21 (Korea Bizwire) – In a pioneering move towards sustainable cosmetics packaging, LG Chem, a leading South Korean chemical company, is set to unveil an innovative eco-friendly plastic material derived from captured carbon dioxide at the world’s largest beauty trade fair, Cosmoprof Bologna 2024, which kicks off on March 21 in Bologna, Italy. The [...]
SEOUL, Mar. 20 (Korea Bizwire) – As South Korean universities prepare to broaden “undecided major” admission tracks for the 2025 academic year, a new survey found over 60% of current high school seniors view the policy expansion favorably. The poll released on March 19 by Jongro Academy showed 64.5% of 1,104 students surveyed agreed with increasing [...]