SEOUL, June 17 (Korea Bizwire) – “Grass,” a South Korean graphic novel on the topic of Japan’s wartime sexual slavery, received multiple nominations at a prestigious U.S. comic book industry award, according to a literary translation organization Wednesday. The 2019 graphic novel on “comfort women” by Kim Keum-suk was nominated for best writer/artist, best reality-based [...]
SEOUL, June 17 (Korea Bizwire) — The number of monthly active users of local video streaming service giant Wavve declined over the past months, while that of Netflix soared to cement its top status, a report showed Thursday. Wavve, which was launched last September by South Korea’s top mobile carrier SK Telecom Co. and terrestrial [...]
SEOUL, June 17 (Korea Bizwire) — South Korea said Wednesday it will spend 160 billion won (US$132 million) to launch a vessel capable of sailing with just a minimum number of sailors by 2025. Under the six-year project, South Korea plans to develop ships with “degree-three” autonomous features, which the International Maritime Organization (IMO) defines [...]
SEOUL, June 17 (Korea Bizwire) — The Ministry of SMEs and Startups has unveiled a trial project to develop 20 general shopping centers into “smart shopping centers” using a wide variety of Fourth Industrial Revolution technologies. The ministry released the list of shopping centers it had selected as smart shopping centers on Tuesday, including one [...]
SEOUL, June 16 (Korea Bizwire) — Hyundai Motor Co. said Tuesday that it will supply 10 hydrogen buses to South Korea’s defense ministry by next year. Under an initial agreement with the ministry, Hyundai Motor also said it will build a hydrogen charging station at a military training facility in the central city of Daejeon. [...]
SEOUL, June 16 (Korea Bizwire) — KT Corp., a major South Korean telecommunications firm, on Tuesday said it will acquire a 10 percent stake in a robotics unit of shipbuilding giant Hyundai Heavy Industries Group to enhance its competitiveness in smart factory and robot solutions. KT said it will acquire the stake in Hyundai Robotics [...]
SEOUL, June 16 (Korea Bizwire) — As campuses have transitioned to online institutions due to the coronavirus pandemic, schools are left with an agonizing question: Should students be trusted to take online exams and not cheat? While most students uphold academic honesty, some care more about receiving better grades by looking up answers online or [...]
LONDON, June 16 (Korea Bizwire) — Victoria and Albert (V&A) Museum, one of the world’s largest museums of decorative arts and designs, has signed an agreement with South Korea’s state-run cultural center in Britain to strengthen the museum’s Korea-themed exhibition programs, the center said Tuesday. Under the agreement, the Korean Cultural Center in London will [...]
SEOUL, June 16 (Korea Bizwire) — Cash-strapped Doosan Group plans to sell its key construction equipment maker unit Doosan Infracore Co. as part of its self-rescue measures to receive financial support from creditor banks, industry sources said Tuesday. South Korea’s 15th-largest conglomerate is seeking to sell its shares and assets to improve its financial structure [...]
SEOUL, June 16 (Korea Bizwire) — After enjoying rapid growth last year, demand for window-style air conditioners continues to soar. The size of the market, which had been led by Paseco Co., expanded further after major air-conditioning brands such as Carrier and Shinil Electronics Co. jumped into the market. Brand-new products released this year complemented [...]