Most Viewed Archives | Page 381 of 883 | Be Korea-savvy

Archive by category Most Viewed

Flight Attendant Who Succumbed to Leukemia Finally Receives Industrial Accident Recognition

Flight Attendant Who Succumbed to Leukemia Finally Receives Industrial Accident Recognition

SEOUL, May 24 (Korea Bizwire) — A flight attendant who passed away from leukemia after years of flying over Arctic routes belatedly received industrial accident recognition. The Committee on Occupational Diseases Judgment, which operates under the umbrella of the state-run Korea Workers’ Compensation & Welfare Service, admitted last week that there was a causal relationship between [...]

Teenage Addiction to Smartphones, Internet Rises in 2021 amid Pandemic

Teenage Addiction to Smartphones, Internet Rises in 2021 amid Pandemic

SEOUL, May 23 (Korea Bizwire) — The number of South Korean students at high risk of addiction to smartphones and the internet increased last year on extended online classes at home amid the COVID-19 pandemic, a government survey showed Sunday. According to the annual survey of 1.27 million fourth, seventh and 10th graders nationwide by [...]

Revised Law to Allow Confiscation of Seed Money in Stock Manipulation Cases

Revised Law to Allow Confiscation of Seed Money in Stock Manipulation Cases

SEOUL, May 23 (Korea Bizwire) — Stock manipulators will face confiscations of not only illegal gains but also their seed money under a revised capital market law that seeks to raise the integrity of the market. The National Assembly on Friday approved a partial revision to the Financial Investment Services and Capital Markets Act aimed [...]

Samsung Biologics Signs Vaccine Production Deal with Moderna

Samsung Biologics Signs Vaccine Production Deal with Moderna

WASHINGTON/SEOUL, May 22 (Korea Bizwire) — Samsung Biologics, a South Korean biopharmaceutical firm, signed a deal Saturday to manufacture Moderna’s COVID-19 vaccine at its local factory. Under the agreement, the biotech unit of Samsung Group will provide the U.S. drugmaker with contract manufacturing organization (CMO) services for its mRNA vaccine. It means that some of [...]

Tech Companies Bolster ‘Metaverse’ Projects amid Pandemic

Tech Companies Bolster ‘Metaverse’ Projects amid Pandemic

SEOUL, May 22 (Korea Bizwire) — As the pandemic fuels demand for online activities, South Korean tech companies are bolstering efforts to develop “metaverse” platforms that allow users to shift their physical experiences to a virtual space. Metaverse refers to a virtual space, often incorporating augmented reality (AR) technology, in which users interact with others [...]

S. Korean Companies Announce Plans to Invest $39.4 bln in U.S.

S. Korean Companies Announce Plans to Invest $39.4 bln in U.S.

WASHINGTON/SEOUL, May 21 (Korea Bizwire) — Four major South Korean companies, including Samsung and SK, on Friday announced plans to invest US$39.4 billion in the United States, ahead of President Moon Jae-in’s summit with U.S. President Joe Biden in Washington. During a business roundtable attended by Moon, Samsung Electronics announced plans to invest $17 billion [...]

Fashion Industry Taps into Metaverse Social Platforms

Fashion Industry Taps into Metaverse Social Platforms

SEOUL, May 21 (Korea Bizwire) — The fashion industry is turning to “metaverse” marketing as the three-dimensional, virtual space is rising as an alternative social platform. The metaverse refers to a shared virtual space, in which users interact with each other through digital avatars and experience a virtual reality (VR) world. Naver Z’s ZEPETO, an [...]