SEOUL, Oct. 2 (Korea Bizwire) – The South Korean government has announced plans to create a hub in Poland for exporting defense products to Europe. The Ministry of National Defense is looking to set up a Defense Cooperation Center in Poland, which will serve as a base to expand defense exports to Europe, as stated by [...]
SEOUL, Sept. 30 (Korea Bizwire) – Samsung Electronics Co. is expected to reduce its chip deficit in the third quarter, thanks largely to a continued cut in its chip output, according to analysts Saturday. Samsung, the world’s largest memory chip maker, slashed its chip production early this year, belatedly joining its peers, like SK hynix [...]
SEOUL, Sept. 30 (Korea Bizwire) – As more and more people in their 60s and older in Korea are dealing with depression, there’s a growing need to pay attention to mental health among the elderly, especially as the country is moving towards having a significant elderly population. In 2021, statistics from the Health Insurance Review and [...]
SEOUL, Sept. 30 (Korea Bizwire) –Hyundai Motor Group’s special electric vehicle platform, E-GMP, has achieved impressive sales of over 500,000 units. Both Hyundai and Kia reported that they collectively sold 517,290 electric vehicles using the E-GMP platform globally. This achievement began in 2021 when the first model, the Hyundai Ioniq 5, hit the market and [...]
SEOUL, Sept. 29 (Korea Bizwire) – The South Korean Embassy in India has shared a video online where a traditional Hindu ritual is performed for a new diplomatic vehicle produced by Hyundai Motor Co. for Seoul’s ambassador in New Delhi. The one minute-long video uploaded on X, known formerly as Twitter, shows a Hindu puja [...]
SEOUL, Sept. 29 (Korea Bizwire) – South Korea’s imports of whiskey are anticipated to set a fresh high this year as the combined amount of inbound shipments soared 40 percent on-year through August, data showed Friday. Imports of whiskey products came to 22,799 tons over the January-August period, jumping from 16,267 tons tallied in the [...]
SEOUL, Sept. 29 (Korea Bizwire) –South Korean public broadcaster KBS is launching an “environmental entertainment” program to celebrate its 50th anniversary. It’s called “The Black Box on Earth,” and it’s set to premiere on October 9 on KBS2 TV. The show aims to be a blend of entertainment and documentary, all focused on raising awareness [...]
SEOUL, Sept. 28 (Korea Bizwire) – SK Telecom held a press conference this week at T Tower’s Supex Hall to announce its goal of becoming a major player in the global AI industry. The company aims to boost its competitiveness in AI and collaborate across various sectors. While SK Telecom, the leading wireless carrier in the [...]
SEOUL, Sept. 27 (Korea Bizwire) – Samsung Electronics has achieved a groundbreaking milestone by successfully developing a Low Power Compression Attached Memory Module (LPCAMM), a next-generation memory solution based on low-consumption DRAM technology. This achievement is poised to reshape the landscape of the next-generation PC market, including notebooks and mini-PCs, due to its remarkable potential for [...]
SEOUL, Sept. 27 (Korea Bizwire) – A recent survey showed that South Koreans use short-form platforms much more than streaming media services. On Tuesday, Wiseapp Retail Goods, a provider of app and retail analytical services, unveiled the results of a comparison survey on usage hours between short-form platforms and OTT services. Through a sample survey of [...]