SEOUL, Oct. 1 (Korea Bizwire) — The success of Netflix’s original Korean series “Squid Game” is placing local streaming platforms on alert. While the thriller’s global popularity is a welcomed feat, it contrasts with South Korean production companies depending increasingly on global streaming platforms, driving South Korean platforms away from the competition. Netflix, initially praised [...]
SEOUL, Oct. 1 (Korea Bizwire) – Unregistered pets will now be denied access to public facilities in South Korea. Prime Minister Kim Boo-kyum passed a new policy for the management of abandoned animals on Thursday at a state council meeting. The government announced that it will raise the proportion of registered animals to more than 70 percent [...]
SEOUL, Oct. 1 (Korea Bizwire) — Domestic sales of Samsung Electronics Co.’s new foldable smartphones — the Galaxy Z Fold3 and the Galaxy Z Flip3 — are likely to top 1 million units this weekend, industry officials said Friday, as the tech giant tries to popularize the foldable category. The third generation of the Galaxy [...]
DAEJEON, Oct. 1 (Korea Bizwire) — Urban areas with more green spaces have a lower level of microplastics, research showed Thursday. A joint research team consisting of the National Institute of Forest Science, Seoul National University and anti-pests company Cesco, analyzed the quantity and composition of microplastics (diameter of higher than 20 micrometers, equivalent to the [...]
DAEGU, Oct. 1 (Korea Bizwire) — A new deep learning model has been developed that can automatically classify bacterial pneumonia and COVID-19 patients through the analysis of computed tomography (CT) images. The Daegu Gyeongbuk Institute of Science and Technology said Thursday that along with eungnam University Medical Center, it had developed a new method to [...]
JEJU, Oct. 1 (Korea Bizwire) — The municipality of the southern resort island of Jeju will introduce a compensation system to promote the use of overproduced and wasted renewable energy for electric vehicle (EV) charging. The the Jeju provincial government on Thursday signed a business agreement with the state-run energy firm Korea Electric Power Corp. [...]
SEOUL, Sept. 30 (Korea Bizwire) — Over the last three years, an increasing number of South Koreans in their 20s and 30s are borrowing money to pay for more than half of cost of their housing. Rep. Kang Jun-hyeon of the ruling Democratic Party compiled and analyzed more than 1.2 million funding plans submitted between [...]
SEOUL, Sept. 30 (Korea Bizwire) — A survey showed that South Korea’s MZ generation workers, those in the their 20s and 30s, are putting more emphasis on annual salary rather than corporate value or job security when choosing a job. Recruiting platform Saramin conducted a survey of 1,865 workers in their 20s and 30s on [...]
SEOUL, Sept. 30 (Korea Bizwire) — The government has mapped out a suicide prevention plan for pop culture artists as part of efforts to prevent the suicide of famous celebrities as well as copycat suicides. The Ministry of Education and the Ministry of Health and Welfare developed the plan after holding a ministerial conference on [...]
SEOUL, Sept. 28 (Korea Bizwire) — “Squid Game,” Netflix’s new Korean survival drama, may become the global streaming entertainment giant’s most successful original content ever, its chief has said. “Squid Game will definitely be our biggest non-English language show in the world, for sure,” Ted Sarandos, co-CEO of Netflix, said Monday (U.S. time) during Code [...]