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Imported Electric Vehicles Priced Over Twice as Much as Domestic Models in South Korea

Imported Electric Vehicles Priced Over Twice as Much as Domestic Models in South Korea

SEOUL, Feb. 28 (Korea Bizwire) –A recent report has highlighted a significant price disparity between imported and domestic electric vehicles (EVs) in South Korea, with imported models costing more than double on average. The study, conducted by the Korea Automobile Mobility Industry Association (KAMA) and the Korea Imported Automobile Association (KAIDA), also revealed that the [...]

Facebook Founder Likely to Meet with S. Korean Tech Leaders: Sources

Facebook Founder Likely to Meet with S. Korean Tech Leaders: Sources

SEOUL, Feb. 28 (Korea Bizwire) — Facebook founder Mark Zuckerberg will likely meet with business officials from leading South Korean tech companies and startups, including Samsung Electronics Co., during his visit to Seoul, industry sources said Wednesday. The CEO of Meta Platforms, Facebook’s parent company, arrived in South Korea on Tuesday night following his visit [...]

Starbucks Korea Suspends Sale of Perrier Sparkling Water Amid Quality Control Controversy

Starbucks Korea Suspends Sale of Perrier Sparkling Water Amid Quality Control Controversy

SEOUL, Feb. 28 (Korea Bizwire) – Starbucks Korea has announced a temporary halt in the sales of Perrier, a popular brand of sparkling water, starting this month due to emerging quality control issues reported by the brand’s overseas manufacturer.  Perrier, a sparkling water product produced in France, holds the top market share in the global sparkling [...]

ChatGPT Sparks Shift in Online Information Seeking, But Trust Issues Remain Among Users in South Korea

ChatGPT Sparks Shift in Online Information Seeking, But Trust Issues Remain Among Users in South Korea

SEOUL, Feb. 28 (Korea Bizwire) – The advent of ChatGPT is anticipated to transform how we search for information online, yet a recent survey reveals that South Korean users still harbor doubts about the platform’s reliability. Specifically, only 40% of respondents believe the search results provided by ChatGPT are reliable. According to the ’2024 Search Trends [...]

Samsung Electronics to Join Alliance to Lead AI-powered 6G Network Tech

Samsung Electronics to Join Alliance to Lead AI-powered 6G Network Tech

SEOUL, Feb. 26 (Korea Bizwire) – Samsung Electronics Co. said Monday it participated in the U.S. chip giant Nvidia-led alliance in a bid to lead the next-generation 6G network technologies powered by artificial intelligence (AI). The South Korean tech giant said it is a founding member of the AI-RAN Alliance, launched during this year’s Mobile World Congress, along with semiconductor, telecommunications and software big names including Nvidia, Arm, [...]

SK Telecom Joins Forces with Global Telcos to Establish Language-model Joint Venture

SK Telecom Joins Forces with Global Telcos to Establish Language-model Joint Venture

SEOUL, Feb. 26 (Korea Bizwire) – SK Telecom Co., South Korea’s top mobile carrier, said Monday it will create a joint venture with four global mobile carriers aimed at developing large language models (LLMs) tailored to the needs of telecommunications companies. The joint venture will be established by SK Telecom, Germany’s Deutsche Telekom, the United Arab Emirates’ e& Group, Singapore’s Singtel and Japan’s Softbank later [...]

Samsung Set to Unveil ‘Galaxy Ring’ at MWC, Sparking New Trend in Wearable Tech

Samsung Set to Unveil ‘Galaxy Ring’ at MWC, Sparking New Trend in Wearable Tech

SEOUL, Feb. 27 (Korea Bizwire) – Samsung Electronics is set to make waves at the Mobile World Congress (MWC) in Barcelona, Spain, with the unveiling of its latest wearable device, the “Galaxy Ring.” This innovative piece of technology marks a significant shift from traditional wrist-worn wearables to the emerging domain of smart rings, positioning Samsung at [...]

KAIST Researchers Develop Eco-Friendly Method to Produce Key Aromatic Compound

KAIST Researchers Develop Eco-Friendly Method to Produce Key Aromatic Compound

DAEJEON, Feb. 27 (Korea Bizwire) – A team of researchers from KAIST’s Department of Chemical and Biomolecular Engineering and the BioProcess Engineering Research Center has made a groundbreaking achievement by developing a process to produce benzyl acetate, a key aromatic compound, using renewable carbon sources like glucose and microbes. This significant advancement was detailed in an [...]

IT Industry Giants Launch Major Hiring Drives for AI and Tech Experts

IT Industry Giants Launch Major Hiring Drives for AI and Tech Experts

SEOUL, Feb. 26 (Korea Bizwire) – In an era where technological advancements are rapidly reshaping industries, companies are intensifying their efforts to secure top talent, particularly in artificial intelligence and other cutting-edge fields. The recruitment of experienced professionals has become more dynamic, with firms expanding their hiring scope and, in some cases, forgoing traditional recruitment cycles [...]

K-Pop Power: How Global Brands are Tapping into the Korean Wave

K-Pop Power: How Global Brands are Tapping into the Korean Wave

  SEOUL, Feb. 26 (Korea Bizwire) – As K-pop continues to capture hearts worldwide, the food and beverage industry is keenly leveraging this global phenomenon by collaborating with K-pop artists to target international markets. Coca-Cola is setting a prime example by launching a special edition product named ‘Coca-Cola Zero K-Wave’ in 36 countries, drawing inspiration from [...]