SEOUL, March 11 (Korea Bizwire) — Individuals with Type 1 diabetes face nearly twice the risk of suicide compared to the general population and 1.8 times higher risk than cancer patients, according to a groundbreaking study published in the Journal of Internal Medicine. The research, conducted by Kim Jae-hyeon, Kim Gyu-ri, and Kim Seohyun from Samsung Seoul [...]
SEOUL, March 11 (Korea Bizwire) — LG Electronics Inc. said Tuesday its new advanced organic light-emitting diode (OLED) and quantum nanocell-emitting diode (QNED) TVs will soon hit the market, with their user-friendly artificial intelligence (AI) and upgraded image quality. The 2025 OLED evo incorporates brightness booster technology, which optimizes the display algorithm and organic compound [...]
SEOUL, March 10 (Korea Bizwire) — At Mobile World Congress (MWC) 2025, LG Uplus announced a partnership with Google’s Gemini AI, marking the final piece of South Korea’s major telecom companies unveiling their strategic AI alliances. With this move, SK Telecom has aligned with Anthropic and Perplexity, KT has partnered with Microsoft, and LG Uplus [...]
SEOUL, March 10 (Korea Bizwire) — A new survey has revealed that many social media users primarily access platforms to kill time, with TikTok showing the strongest tendency toward habitual, passive consumption. According to the “2024 Social Media User Survey” conducted by the Korea Press Foundation, 48.7% of TikTok users cited “killing time or habitual use” [...]
SEOUL, March 9 (Korea Bizwire) — As the economic downturn persists, South Korea’s luxury market is witnessing a shift in consumer spending habits, with high-end cosmetics sales outpacing those of expensive fashion items like designer handbags and apparel. According to the retail industry on Sunday, luxury beauty brands such as Prada, Hermès, and Givenchy saw their [...]
SEOUL, March 8 (Korea Bizwire) — A growing wave of media attention is focusing on ‘Daechi Moms,’ a term referring to ambitious South Korean parents who dedicate their lives to their children’s elite education. From viral YouTube skits to TV documentaries and drama series, these mothers—often depicted wearing luxury fashion while micromanaging their children’s academic [...]
SEOUL, March 8 (Korea Bizwire) — As concerns grow over potential U.S. auto tariffs under Donald Trump’s administration, executives and union leaders from GM Korea are set to visit General Motors’ headquarters in the United States to discuss the company’s future operations. According to the GM Korea chapter of the Korean Metal Workers’ Union (KMWU), representatives from both [...]
SEOUL, March 7 (Korea Bizwire) — A heated debate has erupted over South Korean discount retailer Daiso’s sale of low-cost health supplements, as pharmacists oppose the move while consumer groups argue it infringes on consumer rights. The Korea Consumer Organizations Council issued a statement on March 7 condemning the pharmacist associations’ objections, stating, “Health supplements are [...]
SEOUL, March 7 (Korea Bizwire) — A new government survey has revealed the stark economic reality faced by artists in South Korea, with average annual earnings from artistic activities amounting to just 10.55 million won, highlighting the urgent need for more stable income structures in the arts sector. According to the “2024 Survey on Artists’ Status” [...]
SEOUL, March 7 (Korea Bizwire) — The Seoul Metropolitan Government announced on March 6 that it will become the first city in South Korea to provide maternity leave benefits to single-person business owners and freelancers, with applications opening March 11. The groundbreaking initiative is part of the city’s “Birth Support Seoul Project,” aimed at addressing the [...]