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Rescue Operation Underway for Young Dolphin Entangled in Fishing Lines off Jeju Island

Rescue Operation Underway for Young Dolphin Entangled in Fishing Lines off Jeju Island

SEOUL, Jan. 30 (Korea Bizwire) – A rescue mission has been initiated for a juvenile Indo-Pacific humpback dolphin, identified as “Jongdal,” that has been caught in discarded fishing lines for over two months, hindering its ability to swim freely. The operation is being conducted by the Jeju Dolphin Emergency Rescue Team, which consists of marine environmental [...]

S-Oil Leads Green Shift in South Korea with Innovative Bio-Based Refining Process

S-Oil Leads Green Shift in South Korea with Innovative Bio-Based Refining Process

SEOUL, Jan. 30 (Korea Bizwire) – S-OIL announced on January 29 that it has begun incorporating waste cooking oil, bio-based materials, and pyrolysis oil from plastic waste into its refining processes. This marks the first time a domestic refiner in South Korea has integrated bio-based materials into its refining operations, aiming to produce low-carbon and eco-friendly [...]

High Taxes and Social Perceptions Challenge Family Business Succession Among Export Companies

High Taxes and Social Perceptions Challenge Family Business Succession Among Export Companies

SEOUL, Jan. 29 (Korea Bizwire) – Executives of export companies believe that family business succession is crucial for the sustainability and responsible management of their enterprises. However, a recent study reveals that due to heavy tax burdens and negative social perceptions, many are contemplating selling or shutting down their businesses.  A report from the Korea International [...]

KT Membership Sees 26% Surge in Monthly Active Users Thanks to In-App Services

KT Membership Sees 26% Surge in Monthly Active Users Thanks to In-App Services

SEOUL, Jan. 29 (Korea Bizwire) – KT has announced a significant 26% increase in monthly active users (MAU) of its membership program, attributed to the in-app services launched last year. Membership now encompasses a variety of services within the KT app, including ‘Genie Music’ for music streaming, ‘Blice’ for webtoons and web novels, and ‘Giftishow’ for [...]

Samsung Electronics Inaugurates New Research Lab Dedicated to Advancing Next-Generation 3D DRAM Development

Samsung Electronics Inaugurates New Research Lab Dedicated to Advancing Next-Generation 3D DRAM Development

SEOUL, Jan. 28 (Korea Bizwire) – Samsung Electronics Co., the world’s biggest memory chip maker, has created a new research lab in the United States to focus on developing next-generation three-dimensional (3D) DRAM, industry sources said Sunday. The new lab is operating under Device Solutions America (DSA) headquartered in Silicon Valley, which oversees Samsung’s semiconductor [...]

U.S. Experts Warn of Potential North Korean Military Aggression

U.S. Experts Warn of Potential North Korean Military Aggression

SEOUL, Jan. 27 (Korea Bizwire) –Recent statements from private U.S. experts and U.S. government officials indicate a growing concern over the possibility of North Korea launching a significant attack against South Korea within months. According to a New York Times report from January 25, anonymous U.S. government sources stated that North Korea’s recent missile tests [...]

Coupang’s Bundled Services Score Major Market Success

Coupang’s Bundled Services Score Major Market Success

SEOUL, Jan. 27 (Korea Bizwire) –Coupang’s innovative approach of integrating its services, particularly through bundled products linked with Rocket Wow benefits, has proven to be highly effective. This strategy has led to significant achievements in both the video streaming and food delivery markets, with Coupang Play securing the second position in South Korea’s streaming market, [...]

Simmons “Sleeping Job” Attracts 60,000 Applicants for a Unique Opportunity to Earn 3 Million Won

Simmons “Sleeping Job” Attracts 60,000 Applicants for a Unique Opportunity to Earn 3 Million Won

SEOUL, Jan. 25 (Korea Bizwire) — Simmons has announced that its unique part-time job opportunity, the “Karrot Part-Time X Simmons Winter Sleep Job,” has reached an unprecedented application rate of 60,000 to 1.  This distinctive job experience, located at Simmons Terrace in Icheon, Gyeonggi-do, offers participants 3 million won for sleeping for one hour on a [...]

Schopenhauer’s Philosophy Finds Renewed Popularity in South Korea

Schopenhauer’s Philosophy Finds Renewed Popularity in South Korea

SEOUL, Jan. 24 (Korea Bizwire) — Navigating human relationships is always challenging. Whether conflicts are evident or hidden, they are an inevitable part of our social existence, often leaving us with emotional scars. This makes maintaining a healthy distance crucial. In his bestseller “Reading Schopenhauer at Forty,” researcher Kang Yong-soo from the Korea University’s Institute of [...]

HD Hyundai Construction Equipment Unveils Training Center Utilizing VR and Digital Twin Technologies

HD Hyundai Construction Equipment Unveils Training Center Utilizing VR and Digital Twin Technologies

SEOUL, Jan. 24 (Korea Bizwire) — HD Hyundai Construction Equipment has opened the doors to an innovative training center that utilizes virtual reality (VR) and digital twin technology for excavator operation instruction and product verification. The grand opening of the “Virtual Training Center” took place at the HD Hyundai Global R&D Center (GRC) in Pangyo, Gyeonggi [...]