SEOUL, Dec. 22 (Korea Bizwire) — Coffee grounds are being reused to get rid of the stench at livestock farms. The Ministry of Environment signed an agreement with the city of Incheon, North Gyeongsang Province, the Korea Productivity Center, the Korea Green Foundation and Hyundai Steel Co. on Wednesday for the recycling of coffee grounds. [...]
SEOUL, Dec. 22 (Korea Bizwire) — Hyundai Engineering Co., a plant engineering affiliate of Hyundai Motor Group, is making a foray into the high-purity clean hydrogen production business using waste plastics as resources, as part of efforts to diversify its business towards eco-friendly energy production. The company announced on Tuesday that it will step into [...]
SEOUL, Dec. 21 (Korea Bizwire) — Employee theft is becoming a major issue at e-commerce giant Coupang Inc. A former Coupang employee surnamed Jang was sentenced to three years and 10 months in prison on charges of theft and fraud, and is preparing an appeal, legal sources said Monday. Jang was accused of stealing goods [...]
SEOUL, Dec. 21 (Korea Bizwire) — Samsung Electronics Co.’s Galaxy smartphones has faster download speeds than Apple Inc.’s iPhone 12 models on local networks in South Korea, a market tracker said Monday. Ookla, which runs internet speed measurement tool Speedtest, conducted a 5G download speed test for major smartphones in the third quarter of this [...]
HWASEONG, Dec. 20 (Korea Bizwire) — An extremely premature baby of an American military officer couple has grown healthy enough to be discharged from the hospital and sent to the United States, hospital officials said Monday. The baby weighed only 720 grams when born on Sept. 10, just over 25 weeks into pregnancy, through cesarean [...]
SEOUL, Dec. 20 (Korea Bizwire) — South Korean battery makers are jumping into recycling electric vehicle (EV) batteries as the prices of the metals used in the batteries are on the rise. LG Chem Ltd., South Korea’s largest chemical company, and its subsidiary LG Energy Solution Ltd. recently invested a combined 60 billion won (US$50 [...]
SEOUL, Dec. 19 (Korea Bizwire) — Samsung Electronics Co. has established a special team to spearhead efforts to prop up sales of its mobile phones and electronic devices in the Chinese market, industry sources said Sunday. The new team will focus on mobile devices, consumer electronics and video displays, and will be directly managed by [...]
SEOUL, Dec. 19 (Korea Bizwire) — Hyundai Motor Group said Sunday that environment-friendly vehicles topped 10 percent of its global car sales for the first time this year amid growing demand for electric cars. The country’s top automotive conglomerate said its two carmakers, Hyundai Motor Co. and Kia Corp., sold a total of 656,479 eco-friendly [...]
SEOUL, Dec. 17 (Korea Bizwire) — Conflicts are flaring up over new apartment complexes that are being built within the cultural heritage conservation area around a site of royal tombs from the Joseon Dynasty in Gimpo, west of Seoul. The Cultural Heritage Administration (CHA) issued a work suspension order for the construction of the apartment [...]
SEOUL, Dec. 17 (Korea Bizwire) — As the COVID-19 pandemic continues to drag on, many children, teenagers and young adults in South Korea are struggling with a sense of depression and despair. The National Youth Policy Institute conducted a survey of 4,347 people between the ages of 9 and 24 (excluding high school seniors), 22 [...]