SEOUL, Oct. 22 (Korea Bizwire) — Hyundai Motor Co. has introduced a compensation program for owners of the hydrogen fuel cell electric vehicle Nexo, 15,000 units of which have been recalled since August for quality defects. It recently notified Nexo owners that it has decided to introduce a ‘buy-back’ program for used cars.. The company [...]
SEOUL, Oct. 22 (Korea Bizwire) — The Navy received an upgraded destroyer on Friday, after more than a year of refurbishment aimed at bolstering anti-submarine and other capabilities, the state arms procurement agency said. The 3,200-ton Gwanggaeto the Great destroyer was handed over to the Navy, the Defense Acquisition Program Administration said, as South Korea [...]
SEOUL, Oct. 22 (Korea Bizwire) — Incheon International Airport, the main gateway to South Korea, has seen a sharp recovery in the number of inbound and outbound travelers over the past two months amid the country’s push for a “Living with COVID-19″ plan. According to Incheon International Airport Corp., the state-run operator of the airport, [...]
SEOUL, Oct. 21 (Korea Bizwire) — Municipalities in Gyeonggi Province are coming up with various projects to boost childbirth. The city of Yongin decided to continue offering childbirth subsidies and give out ‘First Encounter Coupons’ to be introduced by the central government. The First Encounter Coupons are 2-million-won (US$1,700) vouchers given out for each child to [...]
SEOUL, Oct. 21 (Korea Bizwire) — An anti-stalking law took effect on Thursday, enabling the punishment of perpetrators with up to three years in prison. It is the first South Korean law that has been enacted specifically targeting stalking. Previously, the act of stalking was classified in the Criminal Code as a misdemeanor subject to [...]
SEOUL, Oct. 20 (Korea Bizwire) — Samsung Electronics Co. on Wednesday unveiled new color variants for the Galaxy Z Flip3 and special collaboration models with the music and fashion company Maison Kitsune for its smartwatch and wireless earbuds. In its latest “Unpacked” online event, the tech giant said its customers can now individualize their clamshell-type [...]
SEOUL, Oct. 20 (Korea Bizwire) — South Korea’s two leading shipbuilders are competing against each other to obtain an order for the country’s first light aircraft carrier. The Navy is pushing to complete the project for a 30,000-ton aircraft carrier by 2033, though it did not reveal the date of open bidding for a basic [...]
SEOUL, Oct. 20 (Korea Bizwire) — The 2022 Genesis GV70 has been named Motor Trend’s SUV of the year, beating a list of high profile contenders from Ford Motor Co. and Stellantis, Hyundai Motor Group said Wednesday. The GV70 outshined 35 competing models such as the Ford Bronco, Ford Mustang Mach-F, Jeep Grand Cherokee and [...]
SEOUL, Oct. 20 (Korea Bizwire) — More than 1,200 teenagers have fallen victim to online sex crimes so far this year, an elevenfold jump from 2018, government data showed Wednesday. The number of teenage victims rose sharply from 111 in 2018 to 1,268 this year, according to the gender ministry data released by Rep. Yang [...]
DAEJEON, Oct. 20 (Korea Bizwire) — Virtual reality and augmented reality videos, as well as images expressed on websites, street walls and human bodies will be eligible to be registered as intellectual property (IP) in South Korea, the country’s patent office said Tuesday. The Korea Intellectual Property Office announced that digitally-produced designs with various purposes [...]