SEOUL, Aug. 18 (Korea Bizwire) — South Korea’s media regulator said Tuesday it will form a support group for local over-the-top (OTT) media services to help compete with global rivals, such as Netflix Inc., as they take a dominant position in the local market. Netflix’s active mobile application users in the country totaled 6.37 million [...]
SEOUL, Aug. 18 (Korea Bizwire) — Renault Samsung Motors Corp., the South Korean unit of Renault S.A., on Tuesday launched the Renault ZOE all-electric car to boost its lackluster sales. The company began to receive orders for the Renault ZOE on Tuesday, with a plan to begin delivering ordered vehicles in September, a company spokesman [...]
SEOUL, Aug. 18 (Korea Bizwire) — A majority of young South Korean women who have yet to give birth have the intention to preserve their eggs through ‘egg freezing,’ a method used to save women’s ability to get pregnant in the future, regardless of whether or not they plan to get married in the future. [...]
SEOUL, Aug. 17 (Korea Bizwire) — International Business Machines Corp. said Monday that it has unveiled a new processor chip for enterprise hybrid cloud computing and that the chip will be manufactured by Samsung Electronics Co. In a statement, the U.S. technology giant said the POWER10 chip is designed by IBM and will be made [...]
SEOUL, Aug. 17 (Korea Bizwire) — Hyundai Motor Co.’s premium Genesis overtook Daimler’s Mercedes-Benz as the top-selling luxury brand in the first seven months of this year in South Korea, industry data showed Monday. If the trend continues, Genesis will regain its top spot in local luxury vehicle sales for the first time in four [...]
SEOUL, Aug. 17 (Korea Bizwire) — High school students in South Korea will be given the choice to take artificial intelligence classes as early as the second semester of next year, according to the education ministry on Monday. In an administrative notice, the education ministry announced its plans to introduce two artificial intelligence (AI) courses [...]
SEOUL, Aug. 17 (Korea Bizwire) — Foreign arrivals infected with the new coronavirus are required to share the costs of their treatment here from Monday, with those who violate local rules being obligated to fully pay the bill. Health authorities said they will request COVID-infected foreign arrivals to pay the costs for their medical services [...]
SEOUL, Aug. 15 (Korea Bizwire) — The South Korean government on Saturday advised people in the greater Seoul area to refrain from traveling to other areas for the next two weeks in a bid to prevent the spread of the coronavirus. The recommendation came shortly after the government placed stricter social distancing guidelines on the [...]
SEOUL, Aug. 14 (Korea Bizwire) — Roughly 50 percent of South Koreans who attempt suicide do so while they are drunk, a recent study has revealed. The Ministry of Health and Welfare and the Korea Suicide Prevention Center conducted a study of 21,545 people from 16 cities and provinces who were transferred to the emergency [...]
SEOUL, Aug. 14 (Korea Bizwire) — Preorders of Samsung Electronics Co.’s new phablet, the Galaxy Note 20, almost matched its predecessor in South Korea despite the novel coronavirus pandemic, industry insiders said Friday. The Galaxy Note 20 preorders in the last seven days were about 90 percent of the Galaxy Note 10 over the same [...]