SEOUL, Sept. 22 (Korea Bizwire) — As the global transport sector braces for future mobility services like flying taxis, South Korean telecom operators are strengthening partnerships with both auto giants and startups alike to join the industry shift. Major local carriers have emerged as key players in the transport shake-up as network infrastructure and technology [...]
SEOUL, Sept. 22 (Korea Bizwire) — Under circumstances in which international trips remain halted due to the spread of the COVID-19 pandemic, an extraordinary flight event was held for a group of Taiwanese tourists. The Taipei Office of the Korea Tourism Organization (KTO), together with Taiwanese travel agency Ezfly International Travel Agent Co. and low-cost [...]
SEOUL, Sept. 21 (Korea Bizwire) — K-pop super group BTS is no stranger when it comes to smashing album sales and breaking music streaming records. But against its colossal brand recognition, the one nagging caveat for BTS especially in the West had been its lack of ample presence on radio airwaves — a key index [...]
SEOUL, Sept. 21 (Korea Bizwire) — South Korea will invest 200 billion won (US$172 million) over the next nine years to conduct research on technologies for the diagnosis and treatment of dementia, the health ministry said Monday. The investment plan was unveiled to mark World Alzheimer’s Day, designated by the World Health Organization to boost [...]
SEOUL, Sept. 21 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, said Monday it plans to launch a hair loss treatment device within this year. South Korea’s drug safety ministry recently approved the LG Pra.L MediHair as a laser apparatus for medical use, according to the company. LG said [...]
SEOUL, Sept. 21 (Korea Bizwire) — South Korean retail investors’ expectations for Tesla Motors Inc.’s new battery technology are growing as they have snapped up shares in the world’s top electric vehicle this year, industry sources said Monday. Tesla is slated to hold an annual meeting of stockholders on “battery day” Tuesday afternoon (Pacific time), [...]
SEOUL, Sept. 21 (Korea Bizwire) — An increasing number of South Korean companies are looking into the feasibility of generating offshore wind power as a new source of income. SK E&S Co., a leading South Korean gas provider which recently contracted a 200 megawatts (MW) offshore solar power generation project in the waters near the [...]
SEOUL, Sept. 21 (Korea Bizwire) — The South Korean government plans to introduce a forecasting system for renewable energy power generation as a way to better cope with the volatility in solar and wind power generation. Under the forecasting system, 20 megawatt-plus solar and wind power generators should report the predicted amount of renewable energy [...]
SEOUL, Sept. 20 (Korea Bizwire) — South Koreans on average consumed alcoholic beverages 8.5 days per month in 2019, a poll showed Sunday, with a growing number of people drinking at home this year due to the virus pandemic. It marked a slight drop from 8.8 days posted in 2017 and 2018, according to the [...]
SEOUL, Sept. 20 (Korea Bizwire) — LG Uplus Corp., a major South Korean mobile carrier, said Sunday it is joining forces with Google to jointly develop 5G mobile edge computing (MEC) technology. Under the partnership, LG Uplus will work with Google Cloud, which will provide its artificial intelligence and machine learning technologies, to develop new [...]