SEOUL, Jan. 10 (Korea Bizwire) – Hyundai Motor Group has unveiled the prototype of its new air taxi model at the global technology show CES 2024, company officials said Wednesday, as it steps up efforts to make inroads into the global electric flying taxi market. Supernal, a U.S.-based air taxi unit of Hyundai, showcased the [...]
SEOUL, Jan. 10 (Korea Bizwire) – As the new year unfolds, major financial groups in South Korea are fiercely competing to enhance their services through the development of sophisticated mobile applications, focusing on creating ‘super apps’ that offer core services of both banking and non-banking affiliates in a single application, each employing slightly different strategies to [...]
LAS VEGAS, Jan. 9 (Korea Bizwire) — Foldable smartphones, first launched by Samsung Electronics Co. about five years ago, have undergone remarkable developments and innovations in both performance and technology to meet consumer demands for more functionality and convenience. The Galaxy Z Flip 5 is the latest clamshell-style foldable released last summer. Boasting a wider [...]
SEOUL, Jan. 10 (Korea Bizwire) – As the new year begins, Korea’s leading telecommunications companies are igniting competition by releasing a series of children-focused smartphones. On January 9, LG Uplus announced the launch of the Chunsik-i 2 phone, a child-friendly LTE smartphone designed for eye comfort. This 7th U+ Kids Phone model is based on the [...]
SEOUL, Jan. 9 (Korea Bizwire) – The Korean dining industry is increasingly adopting the ‘shop-in-shop’ concept, offering a win-win strategy that attracts attention. This approach allows businesses to enhance brand recognition through specialized stores while providing customers the convenience of exploring a variety of items in one location. According to industry reports from January 8, Lotte [...]
SEOUL, Jan. 8 (Korea Bizwire) –In a bold move to overcome fierce economic headwinds, department stores and large supermarkets in South Korea are focusing on improving their offline presence, increasing experiential content in their stores to prolong customer visits and boost sales. According to industry insiders, the strategy to encourage longer stays aims to transform [...]
SEOUL, Jan. 8 (Korea Bizwire) –A recent survey has revealed that nearly half of South Koreans are open to purchasing autonomous vehicles in the future, with younger generations showing less resistance to self-driving technology. The survey, conducted by the Korea Automobile and Mobility Association (KAMA) using the Embrain platform, involved 3,000 individuals aged 14 [...]
SEOUL, Jan. 6 (Korea Bizwire) –In a recent development that has stirred considerable controversy, a YouTuber successfully cloned their deceased pet dog, leading to the birth of two puppies. This act has drawn sharp criticism from animal protection organizations, which have denounced the practice of dog cloning as both dangerous and unethical. The YouTuber, who [...]
SEOUL, Jan. 6 (Korea Bizwire) – In a nation grappling with low birth rates, a controversial debate is taking root among its younger generation. The crux of the argument: Should financial status be a barrier to starting a family? This discourse, which is gaining momentum on social media, pits the ideal of preventing the inheritance of [...]
SEOUL, Jan. 5 (Korea Bizwire) – The Korea Advanced Institute of Science and Technology (KAIST) has announced that artificial muscle technology developed by a research team led by professor Kim Sang-ouk of the Department of New Material Engineering has been recognized as one of the “Top 10 Promising Technologies of 2023” by the International Union of [...]