SEOUL, Sept. 23 (Korea Bizwire) — COVID-19 is speeding up the era of digital public education, as unexpectedly as it seems, while taking a toll on offline education. Since April of last year, following the first wave of the pandemic across the country, education authorities have scrambled to set up digital infrastructure across all schools. [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korea said Thursday it plans to invest 42.4 billion won (US$35.8 million) through 2023 to develop core technologies for hydrogen-powered trams. The budget will also be spent to find ways to modify hydrogen fuel cells used by Hyundai Motor Co.’s Nexo SUVs and use them in trams, according [...]
SEOUL, Sept. 23 (Korea Bizwire) — Samsung Electronics Co., South Korea’s leading tech firm, unveiled a series of YouTube videos to introduce domestic semiconductor plants as well as to offer a full glimpse of the process of producing and distribution chips. Mainly targeting the “MZ generation,” a Korean term referring to millennials and Generation Z, [...]
SEOUL, Sept. 23 (Korea Bizwire) — The number of online scams surrounding the transactions of used products and gaming items has increased sharply over the past five years. According to the data from the National Police Agency, disclosed by Rep. Oh Young-hwan of the Democratic Party, the number of online scams shot up to 174,000 [...]
SEOUL, Sept. 22 (Korea Bizwire) — Netflix’s original Korean series “Squid Game” ranked first on the U.S. top 10 TV show list of the video streaming platform, a chart has showed, becoming the first Korean drama to reach the milestone. The thriller, featuring South Korean actor Lee Jung-jae, made it to the top on the [...]
SEOUL, Sept. 22 (Korea Bizwire) — South Korea is planning to spend about 23.2 billion won (US$19.5 million) in next year’s official development assistance (ODA) projects for war-torn Afghanistan, a document showed Wednesday. The Office for Government Policy Coordination under the Prime Minister’s Office said in the document submitted to Rep. Tae Young-ho of the [...]
SEOUL, Sept. 21 (Korea Bizwire) — Traffic accidents involving personal mobility devices, such as electric scooters, soared fourfold from 2018 to 2020, government data showed Tuesday, raising alarm over the safety of riders. According to the data from the National Police Agency, disclosed by Rep. Huh Young of the Democratic Party, the number of traffic [...]
SEOUL, Sept. 17 (Korea Bizwire) — With the expansion of the ‘quick commerce market’, which offers guaranteed delivery within an hour, South Korean firms are employing gas stations as warehouses and logistics hubs. It has become a new alignment of interest between the quick commerce industry that needs logistics hubs in the heart of the [...]
SEOUL, Sept. 17 (Korea Bizwire) — Genesis, the independent luxury brand of Hyundai Motor Co., has completed the development of ‘Face Connect,’ a new technology that uses facial recognition to open or lock vehicles and automatically cater to the driver’s needs. The cutting-edge technology, which will appear first on the Genesis’ GV60 SUV, recognizes the [...]
SEOUL, Sept. 17 (Korea Bizwire) — POSCO and Hyundai Steel Co., South Korea’s two largest steelmakers, will start using oyster shells as a secondary base material for steel production. Both companies were inspired by the fact that oyster shell substances are similar to the limestone used for sintering and have been developing a recycling technology [...]