BUSAN, Dec. 14 (Korea Bizwire) – In a recent study conducted by the National Assembly Futures Institute, Busan has been identified as the leading city among South Korea’s seven major metropolitan areas in terms of youth job satisfaction. The city of Busan announced on the December 13 that the report, published on December 4, titled ‘Life [...]
SEOUL, Dec. 14 (Korea Bizwire) – Prosecutors have formally requested arrest warrants for two former Samsung Electronics executives, alleging their involvement in transferring domestic semiconductor technology to a Chinese company. On Wednesday, the Information Technology Crime Investigation Division of the Seoul Central District Prosecutors’ Office filed an arrest warrant for a former Samsung Electronics executive, identified [...]
SEOUL, Dec. 13 (Korea Bizwire) – Celebrating its 10th anniversary this year since its debut in 2013, the National Dance Company of Korea proudly presents its signature repertoire, “Mukhyang” (“Scent of Ink”), returning to the Haeoreum Grand Theater after a triumphant North American tour four years ago. “Mukhyang” stands as a sublime fusion of traditional [...]
SEOUL, Dec. 13 (Korea Bizwire) – The retail industry, traditionally centered on price and product competition, is now grappling with intense rivalry by adopting innovative approaches to store differentiation. In particular, there is a rising trend among consumers towards specialized stores that concentrate on a specific product category, acting as a catalyst for increased sales. A [...]
SEOUL, Dec. 13 (Korea Bizwire) – In the South Korean automotive market, Chevrolet (a division of GM Korea) and Land Rover have been identified as the brands receiving the highest number of consumer complaints among domestic and imported cars, respectively. According to data released by the Korea Consumer Agency on December 12, there were a total [...]
SEOUL, Dec. 12 (Korea Bizwire) – In a strategic move to bolster its efforts to uncover groundbreaking technology and business opportunities, Samsung Electronics recently announced a significant organizational restructure, including the establishment of a new Business Development Group within its Digital Experience (DX) division. The newly formed Business Development Group will serve as a central hub [...]
SEOUL, Dec. 12 (Korea Bizwire) — Canadian coffee brand Tim Hortons said Tuesday it will open 150 outlets in South Korea within five years as it plans to open its first store in southern Seoul on Thursday. Tim Hortons has decided to enter the Korean market, which has a vibrant coffee market where coffee consumptions [...]
SEOUL, Dec. 11 (Korea Bizwire) – In a trend reflective of the times, e-commerce platforms in South Korea are increasingly becoming the main stage for cost-effective consumption, witnessing a rise in so-called ‘frugal spending.’ With soaring prices increasing consumer sensitivity to costs, there’s a notable surge in demand for products priced below 10,000 won. One example [...]
SEOUL, Dec. 11 (Korea Bizwire) – Fierce talent competition has prompted Samsung Electronics and SK Hynix to ease hiring criteria in the semiconductor industry. In response to a critical shortage of skilled labor in the semiconductor industry, both Samsung Electronics and SK Hynix have adopted a strategic approach to attract talent. Notably, SK Hynix has recently [...]
SEOUL, Dec. 9 (Korea Bizwire) – In its 2023 National Injury Surveillance Report, released on Friday, the Korea Disease Control and Prevention Agency revealed that nearly half of the fatalities from injuries last year were attributed to self-harm and suicide. Approximately 75 percent of individuals with substance addiction had intentions related to self-harm or suicide. Injuries [...]