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Companies Shift Talent Preferences Amid Changing Workforce Dynamics

Companies Shift Talent Preferences Amid Changing Workforce Dynamics

SEOUL, Feb. 21 (Korea Bizwire) — As the business landscape rapidly evolves and the MZ generation (Millennials and Gen Z) enters the workforce, South Korean companies are redefining the qualities they seek in employees, according to a new survey. A recent study by career platform Saramin, released on February 20, surveyed 231 companies and found [...]

Rising Fire Risks Highlight Safety Concerns Over Personal Mobility Batteries

Rising Fire Risks Highlight Safety Concerns Over Personal Mobility Batteries

SEOUL, Feb. 21 (Korea Bizwire) — A fatal house fire in Changwon, suspected to have been caused by an electric bicycle battery charger, has reignited concerns over the safety of personal mobility (PM) device batteries, authorities said on February 20. The fire, which broke out on February 14 in Uichang-gu, Changwon, claimed the life of [...]

Economic Downturn Fails to Slow South Korean M&A Push

Economic Downturn Fails to Slow South Korean M&A Push

SEOUL, Feb. 21 (Korea Bizwire) — Despite a prolonged economic downturn and high interest rates, several prominent South Korean mid-sized companies are actively pursuing major mergers and acquisitions, highlighting a shift in corporate strategy.  The number of completed M&A deals valued at over 10 billion won in South Korea reached 474 in 2024, marking a 12% [...]

Roborock Unveils Advanced Robot Vacuum Cleaners in South Korea

Roborock Unveils Advanced Robot Vacuum Cleaners in South Korea

SEOUL, Feb. 21 (Korea Bizwire) — Roborock, the Chinese home appliance manufacturer, unveiled its latest flagship robot vacuum cleaners, the S9 MaxV Ultra and S9 MaxV Slim, at its 2025 launch event held on February 20 at the Grand InterContinental Seoul Parnas. The company said the new models feature comprehensive improvements in cleaning capabilities, navigation systems, [...]

Samsung Unveils AI-Powered Bespoke Dishwasher for 2025

Samsung Unveils AI-Powered Bespoke Dishwasher for 2025

SEOUL, Feb. 21 (Korea Bizwire) — Samsung Electronics announced the launch of its 2025 Bespoke AI Dishwasher on February 21, featuring advanced artificial intelligence capabilities designed to optimize efficiency and convenience. The new lineup includes two premium models under the ‘Infinite Line’ series and 11 models within the customizable Bespoke range, offering a variety of options [...]

LG Electronics Rebrands ‘Signature Kitchen Suite’ as SKS to Strengthen Global Built-in Appliance Market Presence

LG Electronics Rebrands ‘Signature Kitchen Suite’ as SKS to Strengthen Global Built-in Appliance Market Presence

SEOUL, Feb. 20 (Korea Bizwire) — LG Electronics announced on February 20 that it has rebranded its ultra-premium built-in kitchen appliance line, ‘Signature Kitchen Suite’ (SKS), as part of a strategic effort to expand its presence in the global luxury appliance market. Launched in 2016, the Signature Kitchen Suite brand marks its 10th anniversary this year, [...]

South Korea Imposes Up to 38% Tariffs on Chinese Steel to Counter Dumping

South Korea Imposes Up to 38% Tariffs on Chinese Steel to Counter Dumping

SEOUL, Feb. 20 (Korea Bizwire) —  In a move to curb China’s aggressive low-cost steel exports, the South Korean government has announced plans to impose anti-dumping tariffs of up to 38% on Chinese heavy steel plates. The decision, made on February 20, comes amid concerns over persistent oversupply from China and the looming impact of U.S. [...]

Uber Launches Business Travel Service in South Korea Amid Expansion Efforts

Uber Launches Business Travel Service in South Korea Amid Expansion Efforts

SEOUL, Feb. 20 (Korea Bizwire) — Uber has introduced its corporate mobility service, Uber for Business (U4B), in South Korea, aiming to enhance business travel efficiency with seamless expense management and ride-hailing solutions. At the ‘Uber Taxi Connect Day’ event in Seoul on February 20, Uber outlined its business strategy for the year, including the launch [...]

Coupang Strikes Partnership Agreement with Small Businesses, Labor Groups

Coupang Strikes Partnership Agreement with Small Businesses, Labor Groups

SEOUL, Feb. 20 (Korea Bizwire) — E-commerce giant Coupang and its affiliates have reached a landmark agreement with small business owners and labor organizations, committing to improved working conditions and financial support measures. The agreement, signed on February 19, includes the abolition of a controversial policy that had been linked to overwork among delivery drivers. [...]

Rising Concerns Over Online Harassment Following Young Actress’s Tragic Death

Rising Concerns Over Online Harassment Following Young Actress’s Tragic Death

SEOUL, Feb. 19 (Korea Bizwire) — The recent passing of 25-year-old actress Kim Sae-ron has reignited concerns over cyber harassment and sensationalist media coverage, as South Korea grapples with repeated tragedies involving public figures subjected to relentless online attacks. While public mourning often leads to temporary calls for self-reflection, history suggests the cycle of online [...]