SEOUL, June 24 (Korea Bizwire) — Hyundai Mobis Co. said Wednesday it has developed an integrated communication controller to offer 5G networks-based “seamless” connected car services in next-generation vehicles. The integrated communication controller allows a vehicle to have real-time communication with other vehicles and the infrastructure for safe driving and information gathering, the company said [...]
SEOUL, June 24 (Korea Bizwire) — Samsung Electronics Co. unveiled on Tuesday a solution that uses drones and artificial intelligence (AI) technology to optimize the performance of 5G networks by analyzing the installation state of base stations and antennas. As part of the solution, drones take videos of 5G base stations and antenna systems and [...]
SEOUL, June 24 (Korea Bizwire) — The government has announced its intention to import green hydrogen from abroad within the next 10 years. The Ministry of Trade, Industry and Energy signed a memorandum of understanding (MOU) at Lotte Hotel in Seoul on Tuesday with about 30 companies and organizations to establish a supply network for [...]
SEOUL, June 23 (Korea Bizwire) – Coffee delivery services are not an unfamiliar concept in South Korea. Serving persons at tea houses, or “dabang” in Korean, used to deliver cups of coffee filled with sugar and cream on foot. Big-name coffee chains such as Starbucks and small independent cafes replaced such tea houses by offering [...]
SEOUL, June 22 (Korea Bizwire) — South Korea said Monday that it plans to launch a 1 trillion-won (US$825 million) fund and sharply cut red tape in order to help local players better compete with global media giants like Netflix and YouTube. Under the plan, the local media market will be valued at 10 trillion [...]
SEOUL, June 22 (Korea Bizwire) — A Korean Methodist pastor who blessed sexual minorities by sprinkling flower petals over them at a Queer Culture Festival has been put on trial in a church court for ‘advocating homosexuality.’ Even within the protestant church communities which have a strong conservative theological background, it’s unusual for a pastor [...]
SEOUL, June 22 (Korea Bizwire) — Hyundai Motor Group’s heir apparent met with the head of LG Group in the latest move to discuss cooperation in the electric vehicle (EV) battery business, Hyundai Motor said Monday. Hyundai Motor Group Executive Vice Chairman Chung Euisun and LG Group Chairman Koo Gwang-mo discussed how to cooperate on [...]
SEOUL, June 22 (Korea Bizwire) — South Korean businesses struggled to stay afloat amid new coronavirus-caused slump in the first quarter, either by borrowing more money or selling their assets to secure much-needed liquidity, a report showed Monday. According to the report from the Korea Economic Research Institute (KERI), the outstanding debt owed by 623 [...]
SEOUL, June 22 (Korea Bizwire) — The Women & Juvenile Affairs Division of the Seongbuk Police Station in Seoul’s Seongbuk Ward held demonstration on Friday to detect illegal cameras hidden in a shower booth at Kookmin University’s Welfare Center by using a simple check card and a mobile phone. Hidden camera lenses can be detected [...]
SEOUL, June 20 (Korea Bizwire) — Church attendance and giving in South Korea have been sharply reduced due to the coronavirus pandemic, a survey showed on Saturday. In the survey of 1,135 member pastors of the General Assembly of Presbyterian Church in Korea, 68.8 percent said church donations have decreased due to COVID-19, while 30.1 [...]