SEOUL, June 22 (Korea Bizwire) — E-commerce giant Coupang Inc. is under fire for its poor working environment and its founder following a massive fire at one of the company’s warehouses. Some netizens are leading a boycott of Coupang by canceling their membership and deleting the Coupang app. ‘Leaving Coupang’ has become a real-time trend [...]
SEOUL, June 22 (Korea Bizwire) — South Korea plans to develop artificial intelligence (AI)-based pilots by 2023, a state-run defense development agency said. The AI Pilot Development Program will use deep learning technology featured in Heron, a military drone used by the Israeli armed forces. These AI pilots will be able to assist human pilots [...]
SEOUL, June 22 (Korea Bizwire) — South Korea’s leading steelmaker POSCO is taking active steps to help small and medium-sized enterprises (SMEs) that are having difficulty exporting their products due to a shortage of vessels and recent hikes in freight rates. On Monday, the company signed a memorandum of understanding (MOU) with the state-run Korea [...]
SEOUL, June 22 (Korea Bizwire) — South Korea’s talented content creators are getting a love call from overseas as Korean-made content including dramas are enjoying rising popularity worldwide through global media giants such as Netflix. In particular, professionals with specialty in creation and post-production such as entertainment design, color correction and visual effects (VFX) are [...]
SEOUL, June 21 (Korea Bizwire) — Representatives of the labor union at Samsung Display Co. on Monday launched their first-ever strike after failing to reach a compromise on a wage hike, and the walkout marks the first after group chief Lee Jae-yong promised to abolish the conglomerate’s “no labor union” policy. Six representatives of Samsung [...]
SEOUL, June 21 (Korea Bizwire) — Starting next month, those who have received COVID-19 vaccinations approved by the World Health Organization (WHO) including Chinese vaccines, will be exempted from a two-week quarantine when entering South Korea for humanitarian purposes. China, however, still imposes a three-week quarantine for incoming vaccine recipients, even those who have received Chinese vaccines, raising [...]
SEOUL, June 20 (Korea Bizwire) — Most South Korean pupils will be able to return to their classrooms full-time come fall, the Ministry of Education announced Sunday, inching toward a return to the pre-pandemic normal amid more vaccinations and growing concerns over the effects on children from a yearlong pandemic. The plan was made in [...]
ICHEON, June 19 (Korea Bizwire) — A firefighter who was trapped in a fire that tore through a Coupang Inc. warehouse was found dead by rescue workers Saturday, officials said. Kim Dong-shik, 52, was found in the second-floor basement of the e-commerce giant’s four-story building in Icheon, 80 kilometers southeast of Seoul, shortly after rescue [...]
SEOUL, June 19 (Korea Bizwire) — South Korea’s industry ministry said Saturday it will spare no efforts to win a nuclear plant project from the Czech Republic as the European country is open to have Asia’s No. 4 economy as a potential partner. The remark came after Industry Minister Moon Sung-wook visited the European nation, [...]
SEOUL, June 18 (Korea Bizwire) — South Korea’s state-run nuclear research institute’s computer network was breached by a North Korean cyber attack last month, an opposition lawmaker claimed Friday. According to Rep. Ha Tae-keung of the main opposition People Power Party, 13 external Internet Protocol (IP) addresses were found to have breached the internal network [...]