BUSAN, Aug. 24 (Korea Bizwire) — July’s average sea surface temperature in the waters between South Korea and Japan reached the highest level in 40 years, a think tank said Tuesday, calling for countermeasures against ocean subtropicalization. According to the Korea Institute of Ocean Science and Technology, the East Sea’s average sea surface temperature was [...]
SEOUL, Aug. 24 (Korea Bizwire) — South Korea’s market for convenient coffee beverages expanded nearly 6 percent in the first half of the year amid the coronavirus pandemic, a market tracker said Tuesday. The size of the local ready-to-drink coffee market stood at 672.9 billion won (US$574 million) in the January-June period, up 5.9 percent [...]
SEOUL, Aug. 23 (Korea Bizwire) — So-called ‘my-nique’ products that emphasize the diversity of personal taste and originality are rising as a new marketing strategy for companies targeting the “MZ generation,” a Korean term referring to millennials and Generation Z. The food and beverage industry has recently come up with limited edition items to attract [...]
SEOUL, Aug. 23 (Korea Bizwire) — K-pop album sales have grown further as new fans of the genre have snatched up old albums in addition to new ones, industry sources said Monday. K-pop powerhouse SM Entertainment sold 1.64 million copies of old albums by artists, including NCT and EXO, in the second quarter, a large [...]
SEOUL, Aug. 23 (Korea Bizwire) — The state-run utility Korea East-West Power Co. announced that together with a local company, it had succeeded in developing road surface block-type solar power generation technology for the first time in South Korea. This technology enables the production of electricity by installing solar power generation blocks in various road [...]
BUSAN, Aug. 23 (Korea Bizwire) — The state-run Korea Hydrographic and Oceanographic Agency has announced the developed of new artificial intelligence (AI) technology that can predict the extinction of sea fog occurring in the areas of Incheon Port in Incheon and Haeundae Beach in Busan. The sea fog that disrupts sailing safety and marine activities [...]
SEOUL, Aug. 21 (Korea Bizwire) — The number of daily passengers at Incheon International Airport, South Korea’s main gateway, rose to the highest point this year in early August as more people traveled during the summer holiday season amid the vaccination drive, data showed Saturday. An average of 10,987 passengers used the Incheon airport a [...]
SEOUL, Aug. 20 (Korea Bizwire) — Naver Labs, the research arm of internet giant Naver Corp., said Thursday that it will introduce the world’s first 5G ‘brainless’ robot technology at the company’s second headquarters building, aimed for completion by the end of this year. Naver Labs received approval to move the 5G laboratory, currently located [...]
SEOUL, Aug. 20 (Korea Bizwire) — To help Indonesia’s quest for food self-sufficiency, South Korea will extend technology support in agricultural machinery, including the development of tractors tailored to the local environment. In an online seminar held on Thursday, the Indonesian Office of the Korea Institute of Industrial Technology (KIIT) unveiled plans to establish an [...]
SEOUL, Aug. 19 (Korea Bizwire) — A shocking image of a Taliban fighter in Afghanistan wearing an old South Korean military uniform as the Taliban militant group regained control of Kabul is rattling the country. Foreign media outlets recently revealed photos of multiple Taliban fighters wearing South Korean military uniforms on a march, carrying rifles. [...]