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Samsung to Hire Record Number of Postgraduate Researchers for Chips, AI

Samsung to Hire Record Number of Postgraduate Researchers for Chips, AI

SEOUL, July 1 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it plans to hire a record number of postgraduate researchers this year to secure future technologies in the semiconductor and artificial intelligence (AI) sectors. The South Korean tech giant said it will hire 1,000 postgraduate engineers by the end of this year. Samsung already [...]

KT Joins Hands with Local Partners for Smart Hospital Solutions

KT Joins Hands with Local Partners for Smart Hospital Solutions

SEOUL, July 1 (Korea Bizwire) — KT Corp., South Korea’s No. 2 mobile carrier, said Wednesday it has teamed up with the country’s top industrial robot maker and a major general hospital to develop advanced medical solutions. Under the partnership with Asan Medical Center and Hyundai Robotics Co., KT will develop contactless medical services, such [...]

S. Korea Aims to Foster 1,000 Hydrogen-related Firms by 2040

S. Korea Aims to Foster 1,000 Hydrogen-related Firms by 2040

SEJONG, July 1 (Korea Bizwire) — South Korea said Wednesday it will foster 1,000 businesses in the hydrogen industry over the next 20 years in its latest push to nurture a hydrogen-based ecosystem and related economy. Under the goal, the country will help create at least 500 new firms in various hydrogen-related segments, including cars, [...]

S. Korea Begins Using Remdesivir for COVID-19 Treatment

S. Korea Begins Using Remdesivir for COVID-19 Treatment

SEOUL, July 1 (Korea Bizwire) — South Korea on Wednesday began providing remdesivir, an experimental drug conventionally used for Ebola, as a treatment drug for the novel coronavirus. The Korea Centers for Disease Control and Prevention (KCDC) said the medication developed by U.S. pharmaceutical giant Gilead Sciences Inc. will be used for COVID-19 patients with [...]

Majority of Businesses Shun ‘Untact’ Work Policy Despite High Satisfaction Level

Majority of Businesses Shun ‘Untact’ Work Policy Despite High Satisfaction Level

SEOUL, July 1 (Korea Bizwire) — South Koreans have been more or less satisfied with so-called ‘untact’ work policies that came about following the coronavirus outbreak. However, most employers were found to shun untact work policies because they collide with the traditional way of work. The Korean Chamber of Commerce conducted a survey of human [...]

Gov’t Bans E-cigarette Sales Promotions

Gov’t Bans E-cigarette Sales Promotions

SEOUL, July 1 (Korea Bizwire) — Tobacco producers will now be banned from promoting cigarette consumption by offering new products for free trial. A bill containing relevant provisions to amend the National Health Promotion Act was passed by the state council on Tuesday. Current laws prohibit all acts of promoting cigarette sales by tobacco producers, [...]

COVID-19 Community Treatment Center Confirms Potential of Cutting Edge “Untact Diagnosis”

COVID-19 Community Treatment Center Confirms Potential of Cutting Edge “Untact Diagnosis”

SEOUL, July 1 (Korea Bizwire) — The Seoul National University Hospital (SNUH) announced on Tuesday that its community treatment center designed to treat COVID-19 patients with mild symptoms confirmed the potential of ‘untact diagnosis’ through the use of state-of-the-art information technology. The newly-coined term ‘untact’ refers to non-face-to-face contact. SNUH ran a COVID-19 community treatment [...]

Seoul City Moving to Pay COVID-19 Emergency Relief Funds to Foreigners

Seoul City Moving to Pay COVID-19 Emergency Relief Funds to Foreigners

SEOUL, June 30 (Korea Bizwire) — Seoul city is moving to provide emergency relief funds to foreigners living in the capital city that could benefit some 100,000 households, municipal authorities said Tuesday. The city government said that Seoul Metropolitan Council earlier in the day passed a 2.23 trillion-won (US$1.86 billion) extra budget bill that includes [...]