SEOUL, March 20 (Korea Bizwire) — As phone-based phishing scams grow increasingly sophisticated, South Koreans are turning in droves to “Citizen Conan,” an anti-phishing app operated by the National Police Agency. According to mobile analytics firm IGAWorks Mobile Index, the number of Citizen Conan users surged by 215.9% in February, reaching 1.39 million, compared to [...]
SEOUL, March 20 (Korea Bizwire) — The government will provide incentives to public entities entering the offshore wind power market as part of efforts to promote the growth of the renewable energy industry, the industry ministry said Thursday. Public institutions and companies that make a bid for the government’s offshore wind power development project will [...]
SEOUL, March 20 (Korea Bizwire) — The South Korean government has unveiled a comprehensive plan to protect its steel industry from mounting trade risks, including the recent 25% tariff imposed by the Trump administration in the United States and an influx of low-cost Chinese steel. The Ministry of Trade, Industry and Energy announced on Wednesday [...]
SEOUL, March 19 (Korea Bizwire) — Hyundai Mobis is ramping up production of self-designed automotive semiconductors, building on the semiconductor business it acquired from Hyundai Autron in 2020, and expanding its presence in global innovation hubs. The company announced on Tuesday that it has completed research and reliability testing for key semiconductors used in electrification, [...]
SEOUL, March 19 (Korea Bizwire) — The Seoul Metropolitan Government announced on March 18 that it will significantly expand its low-sugar school meal initiative from two to 100 schools, aiming to promote healthier eating habits among students. Following a successful pilot program at two schools last year, the city is now accepting applications until March 24 [...]
ULSAN, South Korea, March 17 (Korea Bizwire) — HD Hyundai Heavy Industries has developed the world’s first 3D printing technology for emergency maintenance, repair, and overhaul (MRO) on operating vessels, the company announced Monday. The company successfully completed final testing and demonstrations of the “3D Printing Digital Workshop” at HD Hyundai Samho in Mokpo, South Korea. [...]
JEONGSEON, South Korea, March 17 (Korea Bizwire) — Kangwon Land’s Mind Fulfillment Center (KLACC: KangwonLand Attentive Mind Care Center) has become the first operator in South Korea’s gambling industry to publish research on the effectiveness of its gambling addiction treatment program in a peer-reviewed academic journal. According to Kangwon Land, findings from its intensive meditation [...]
SEOUL, March 17 (Korea Bizwire) — As global consumer electronics sales continue to slump, South Korea’s tech giants are finding new growth in an unexpected direction: business-to-business solutions, particularly in heating, ventilation, and air conditioning (HVAC) systems. Samsung Electronics has seen its consumer electronics and visual display division revenue stagnate, with annual sales of 60.64 trillion won [...]
SEOUL, March 16, 2025 (Korea Bizwire) — Chinese electric vehicle giant BYD has established a new subsidiary in South Korea dedicated to the import and distribution of used cars, signaling an expansion of its presence in the country’s automotive market. According to industry sources, BYD recently set up BYD Korea Auto, a separate entity from BYD [...]
SEOUL, March 16 (Korea Bizwire) — South Korea’s LG Electronics and Samsung Electronics have once again secured top rankings in U.S. Consumer Reports, extending their dominance from washing machines to refrigerators. According to industry sources, LG Electronics was recently ranked No. 1 in the 30-inch and 33-inch top-freezer refrigerator categories in Consumer Reports’ 2025 Best Refrigerators [...]