SEOUL, March 4 (Korea Bizwire) — The Ministry of Environment announced Wednesday the introduction of a new bill that will require Internet of Things (IoT) measuring devices to be installed at sites of major greenhouse gas emissions. Once the bill takes effect, businesses categorized as sites of smaller amounts of greenhouse gas emissions (Types 4 [...]
SEOUL, March 4 (Korea Bizwire) — South Korea announced Thursday it plans to invest 300 billion won (US$267 million) over the next three years to speed up the growth of the digital retail segment, which has recently enjoyed an unprecedented boom amid the COVID-19 pandemic. Under the plan, the country will not only pave the [...]
SEOUL, March 4 (Korea Bizwire) — Samsung Electronics Co. on Thursday announced it has signed a partnership with local artificial intelligence (AI) solutions provider Kakao Enterprise Corp. to boost its smart home business. Under the deal, Samsung’s smart devices and home appliances will be compatible with the Kakao i AI platform from Kakao Enterprise, an [...]
SEOUL, March 4 (Korea Bizwire) — The King Sejong Institute Foundation (KSIF), a South Korean government entity that operates Korean language centers abroad, on Wednesday unveiled an mobile app that is designed to help foreigners practice conversion in Korean. King Sejong AI Teacher is an artificial intelligence (AI)-based app that enables users to practice Korean [...]
SEOUL, March 3 (Korea Bizwire) — Byun hee-soo, a 23-year-old transgender former soldier who was forcibly discharged from the Army last year, was found dead at her home, police said Wednesday. A mental health counselor in her neighborhood in Cheongju, 150 kilometers south of Seoul, called 119 to report that Byun had not been reachable [...]
SEOUL, March 3 (Korea Bizwire) — Samsung Electronics Co. is likely to suffer a prolonged shutdown of its chip plant in the United States following a power outage, industry insiders said Wednesday, amid growing speculation that it is pushing to expand its semiconductor facility there. Samsung and other chipmakers in Texas are expected to need [...]
HOENGSEONG, March 3 (Korea Bizwire) — Kim Jae-yeon, the principal of Anheung Elementary School in Hoengseong County, Gangwon Province, stepped onto the school’s sports field on Tuesday morning as the new semester began. He was to greet Kim Seo-ah, a 7-year-old girl who came holding her grandmother’s hand to begin her first day as the [...]
SEOUL, March 3 (Korea Bizwire) — Hyundai Glovis, a logistics unit of Hyundai Motor Group, said Wednesday it has sold a 30 percent stake in its polish affiliate Adampol S.A. to Changjiu Logistics for 18.3 million euros (US$22 million) in a move to strengthen partnership with the Chinese automotive logistics company. Hyundai Glovis said the [...]
SEOUL, March 3 (Korea Bizwire) — Hyundai Heavy Industries Holdings Co. (HHIH) said Wednesday that it has signed a deal with Saudi Arabia’s state-run oil firm Saudi Aramco to cooperate on a hydrogen project. Under the deal, Hyundai Oilbank Co., HHIH’s refining unit, will import liquefied petroleum gas (LPG) from Saudi Aramco to produce blue [...]
SEOUL, March 3 (Korea Bizwire) — The defense ministry on Wednesday began administering coronavirus vaccines to military personnel, with doctors and other health care workers becoming the first recipient group, officials said. The medical staff at the Korean Armed Forces Yangju Hospital in the city of Yangju, some 50 kilometers north of Seoul, received COVID-19 [...]