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Samsung to Overhaul Marketing Strategy for Tokyo Olympics

Samsung to Overhaul Marketing Strategy for Tokyo Olympics

SEOUL, Oct. 21 (Korea Bizwire) — Samsung Electronics Co., an official sponsor for the 2020 Tokyo Olympics, has decided to overhaul its marketing strategy for the upcoming Olympic Games amid a prolonged dispute between South Korea and Japan. Samsung reportedly plans to remove the company name from all advertisements for the Olympics, and replace it [...]

Hyundai Develops AI-based Self-driving Technology

Hyundai Develops AI-based Self-driving Technology

SEOUL, Oct. 21 (Korea Bizwire) — Hyundai Motor Group said Monday it has developed an artificial intelligence-based autonomous driving technology and will apply it in its models. The South Korean automaker has developed the smart cruise control-machine learning (SCC-ML) technology, in which the vehicle analyzes the driver’s driving patterns and allows partial autonomous driving under [...]

Uniqlo to Halt Ad After Allegations of Defaming Sex Slave Victims

Uniqlo to Halt Ad After Allegations of Defaming Sex Slave Victims

SEOUL, Oct. 20 (Korea Bizwire) — Japanese fashion retailer Uniqlo said Sunday that it will suspend a new advertisement following allegations that the advertisement defamed victims of Japan’s wartime sexual slavery. Uniqlo’s latest commercial, aired globally, sparked suspicions in South Korea that it could be intended to ridicule sexual slavery victims due to a difference [...]

Employment Rate for Korean Moms Remains Low, Despite High Enrollment in Kindergarten Programs

Employment Rate for Korean Moms Remains Low, Despite High Enrollment in Kindergarten Programs

SEOUL, Oct. 18 (Korea Bizwire) — Countries are expanding social childcare and education systems in attempt to eliminate career breaks for women caused by childbirth and childcare. Unlike in major developed countries, however, the employment rate of women and kindergarten enrollment of children in South Korea is not directly proportional. According to an analysis released [...]

3 in 10 Foreign Patients Visit S. Korea for Plastic Surgery

3 in 10 Foreign Patients Visit S. Korea for Plastic Surgery

SEOUL, Oct. 17 (Korea Bizwire) — A significant number of foreigners visited South Korea last year to undergo plastic surgery. The Korea Health Industry Development Institute reported that 464,452 foreigners came to South Korea in 2018 to receive medical treatment, up by 16.7 percent since the previous year. Most of the foreigners received treatment from [...]

S. Korea to Streamline Drone-related Rules to Bolster Economy, Create Jobs

S. Korea to Streamline Drone-related Rules to Bolster Economy, Create Jobs

SEOUL, Oct. 17 (Korea Bizwire) — South Korea said Thursday that it will streamline regulations on drones in the latest move to boost the fledgling industry and create more jobs. The road map calls for 35 revisions to existing rules and the modifying of guidelines to stimulate growth in the drone industry while enhancing public [...]

Demand for Language Instructors Increases as Multicultural Population Grows

Demand for Language Instructors Increases as Multicultural Population Grows

SEOUL, Oct. 17 (Korea Bizwire) — While the number of students from multicultural families is on the rise each year, there are not enough language specialists to educate them, a recent report has revealed. The Ministry of Education reported that there are now 137,225 students from multicultural families in South Korea, rising by almost 30,000 [...]

GM Korea Chief Says Wage Increase Will Hurt Competitiveness

GM Korea Chief Says Wage Increase Will Hurt Competitiveness

SEOUL, Oct. 16 (Korea Bizwire) — The chief executive of GM Korea Co. said on Wednesday increased labor costs would hurt the carmaker’s profitability and competitiveness amid stalled wage negotiations with its trade union. Kaher Kazem, GM Korea president and chief executive, held an emergency meeting with executives at the carmaker’s main plant near Seoul. [...]