SEOUL, Nov. 29 (Korea Bizwire) – In a groundbreaking reveal that is expected to herald a complete paradigm shift in vehicle propulsion, Hyundai and Kia have revealed a new drive system that integrates essential vehicle components within the wheel. This innovation liberates the space between the wheels, allowing for the implementation of novel designs or the [...]
WONJU, Nov. 29 (Korea Bizwire) – In a bid to enhance road safety, the Gangwon branch of the Korea Expressway Corporation has undertaken a project since last month to affix reflective tape and sleepy-eye stickers to cargo trucks, as well as replace rear reflectors at no cost. The initiative’s primary goal is to boost the visibility [...]
SEOUL, Nov. 28 (Korea Bizwire) – South Korean office software company Hancom Inc. said Tuesday it plans to launch an artificial intelligence-based assistance software similar to Copilot by Microsoft Corp. next year. According to Hancom CEO Kim Yeon-su, the company aims to release a trial version of the program, tentatively named Hancom Assistant, in the [...]
SEOUL, Nov. 27 (Korea Bizwire) – Which age group of Korean drivers exhibits the best driving skills? Based on a recent survey conducted by T-Map Mobility, it was determined that men in their mid-40s to early 50s and women in their 60s stand out as the most proficient drivers. T-Map Mobility conducted an analysis of the [...]
SEJONG, Nov. 24 (Korea Bizwire) — South Korea’s industry ministry said Friday it plans to closely monitor the supply of hydrogen for automobiles amid supply disruptions in the central region. The government hosted a meeting with officials from hydrogen producers, retailers and regional governments to address the ongoing shortage, according to the Ministry of Trade, [...]
SEOUL, Nov. 24 (Korea Bizwire) — Finance Minister Choo Kyung-ho has vowed to continue efforts to boost foreign investors’ access to the South Korean market and create favorable conditions for corporate investment, his office said Friday. Choo made the remarks during a market opening ceremony at the London Stock Exchange on Thursday (local time), as [...]
JEONJU, Nov. 24 (Korea Bizwire) – Mushrooms, usually associated with dining, are now being transformed into a type of leather used to make clothing and accessories. On Thursday, the Rural Development Administration (RDA) announced the development of technology for creating leather using mushrooms and revealed plans to commercialize this innovative process. Mycelium, the root structure of [...]
SEOUL, Nov. 23 (Korea Bizwire) – Thanks to record-breaking earnings, Hyundai Motor and Kia Corp. have surpassed Samsung Electronics in charitable donations so far this year, marking a historic first. According to CEO Score, which monitors corporate management activities, a total of 264 out of the country’s top 500 firms by sales collectively donated 1.4 trillion [...]
SEOUL, Nov. 22 (Korea Bizwire) – A recent test of clothes dryers available in the South Korean market revealed that some small models have subpar drying functions. The drying time for clothes varied by up to one hour, and the disparity in annual power rates reached up to 25,000 won. On Tuesday, the Korea Consumer Agency [...]
SEOUL, Nov. 21 (Korea Bizwire) – Esports star ‘Faker’ (Lee Sang-hyeok), who clinched victory last weekend in the League of Legends (LoL) World Championship, commonly referred to as the ‘LoLdcup,’ revealed the secret behind his triumph, stating, “I can learn a lot when I make it a goal to focus on the process regardless of the [...]