SEOUL, April 21 (Korea Bizwire) — Voice phishing caused a loss of more than 100 billion won last year, but only a small amount has been returned to the victims, data showed Thursday. The Financial Services Commission revealed that voice phishing resulted in losses of 145.1 billion won (US$109 million) last year, with a return [...]
SEOUL, April 21 (Korea Bizwire) — Most play-to-earn (P2E) games cannot be accessed or downloaded in South Korea due to regulations. However, they still offer support for the Korean language. Netmarble Corp., a major South Korean game developer and publisher, on Wednesday released its blockchain game “Modoo Marble 2: Metaworld” in the global market for [...]
SEOUL, April 21 (Korea Bizwire) — Samsung Display Co., the display arm of Samsung Electronics Co., said Thursday it plans to use 20,000 tons of recycled cement for the construction of its new building. The cement will be made from waste glass generated during the display production process. The new building is expected to be [...]
DAEJEON, April 21 (Korea Bizwire) — A South Korean research team has developed a new material that can heal scratches on sensors in self-driving cars. This has some pretty significant implications, because signal distortion caused by scratches on sensor surfaces poses a significant risk factor for autonomous vehicle traffic accidents. Recognition errors or malfunctioning vision [...]
SEOUL, April 20 (Korea Bizwire) — With canned beer permitted at some baseball stadiums this season, convenience store chains are scrambling to host various beer promotional events. Emart24 is currently offering a beer package of six cans (two kinds) for 9,900 won (US$7.48). Customers who purchase the beer package can also sign up for a [...]
SEOUL, April 20 (Korea Bizwire) — Samsung Electronics Co. on Wednesday released a brand-new robot vacuum cleaner, the Bespoke Jet Bot AI. The device was designed in collaboration with pattern design brand DropDropDrop and features improved visual accessibility. The concept behind the design is to assist people with low vision who have difficulty cleaning in their [...]
SEOUL, April 20 (Korea Bizwire) — Most of the electric vehicles that qualify for subsidies under the guidelines of the US Inflation Reduction Act (IRA) are equipped with Korean-made batteries, data showed Wednesday. Out of the 22 American vehicle models eligible for the subsidies, 17, excluding the five Tesla models, are equipped with batteries made [...]
SEOUL, April 20 (Korea Bizwire) — LG Electronics Inc. said Wednesday it would launch a project to assist children and teenagers with developmental disorders to utilize home appliances better in commemoration of the International Day of Persons with Disabilities. Under this initiative, LG will provide free books with explanations and illustrations tailored to the needs [...]
INCHEON, April 19 (Korea Bizwire) —With the Korean government’s hydrogen bus supply support project on track, more citizens will soon have the opportunity to ride buses fueled by clean hydrogen energy on a regular basis. On Tuesday, the Ministry of Trade, Industry and Energy (MOTIE) held a ceremony at the Incheon Singheung Bus Garage site [...]
SEOUL, April 18 (Korea Bizwire) — The South Korean government announced on Tuesday that it will engage in discussions with its American counterparts to ensure that Korean companies can benefit from the Inflation Reduction Act (IRA) policy in the future. This comes in response to Hyundai and Kia’s exclusion from the list of electric vehicles [...]