SEOUL, Feb. 9 (Korea Bizwire) –Kakao Enterprise announced on February 8 the launch of ‘burst capability’ for cloud CPUs, enabling them to momentarily exceed their base performance levels and deliver higher performance as needed. The term ‘burstable’ signifies the ability in cloud computing to temporarily expand performance beyond a set baseline in an explosive manner. [...]
ANSAN, Feb. 9 (Korea Bizwire) –In the city of Ansan, senior citizens are taking charge as safety managers for personal mobility devices (PMDs) that have been neglected in urban areas. On February 8, the city of Ansan announced that starting from February 13, a team of seniors called the ‘Senior Electric Scooter Safety Guides’ will [...]
SEOUL, Feb. 9 (Korea Bizwire) –The Korea Exchange announced on February 8 that it will list Samsung Asset Management’s KODEX Global Obesity Treatment TOP2 Plus Exchange Traded Fund (ETF) on the stock market on February 14. This fund marks the first obesity treatment-themed product in South Korea, investing in 10 global companies related to obesity [...]
SEOUL, Feb. 8 (Korea Bizwire) – Samsung Electronics announced on February 7 the launch of a new “Customer Participation Mobile Phone Collection Program,” developed in collaboration with Gyeonggi Province, CJ Logistics, and the non-profit organization E-Cycle Governance, aimed at promoting recycling and environmental sustainability. Under this program, consumers can easily recycle their old mobile phones. After [...]
SEOUL, Feb. 8 (Korea Bizwire) – Home electronics retailer ET Land reported on February 7 that sales of kitchen appliances have been on the rise, attributed to an increase in the number of people cooking at home due to the soaring cost of dining out. Sales of key kitchen appliances like electric ovens and ranges last [...]
SEOUL, Feb. 8 (Korea Bizwire) – LG Electronics announced on February 7 the publication of “Easy-to-Read” booklets for washing machines and microwaves, designed to help slow learners and children with developmental disabilities to use household appliances. These easy-to-read guides comprise storybooks that explain scientific principles and knowledge that can be discovered through appliances, along with supplements [...]
SEOUL, Feb. 7 (Korea Bizwire) – As Chinese online shopping platforms AliExpress and Temu gain a larger foothold in the South Korean market, concerns are being raised about China’s alleged “hanbok appropriation” through these platforms. As of February 6, AliExpress boasted approximately 6 million monthly Korean users, while Temu had around 4 million Korean users. The [...]
SEJONG, Feb. 7 (Korea Bizwire) – Over the past three months, large corporate groups in South Korea, each with assets exceeding 5 trillion won, have been active in expanding their presence in advanced industries, acquiring or establishing eight companies in sectors such as semiconductors and secondary batteries. The real estate development and construction sectors also saw [...]
SEOUL, Feb. 6 (Korea Bizwire) –Samsung Electronics has partnered with Starbucks to offer a unique experience for pet owners at the ‘Galaxy Studio Pet’ pop-up at the Starbucks Bukhan River R in Namyangju, Gyeonggi Province, until March 10. This collaboration marks a special opportunity for visitors to explore the features of the Galaxy S24 series [...]
SEOUL, Feb. 6 (Korea Bizwire) – Many health service consumers welcomed Tuesday’s government decision to drastically increase the medical school enrollment quota, saying it will improve access to doctors, but others voiced skepticism that it could erode the quality of medical services. The Ministry of Health and Welfare said the entrance quota for medical schools [...]