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Semiconductors and Automobiles Drive Over 30% of South Korea’s Q2 Exports: Data

Semiconductors and Automobiles Drive Over 30% of South Korea’s Q2 Exports: Data

SEOUL, Aug. 11 (Korea Bizwire) – The semiconductor and automobile industries led South Korea’s exports in the second quarter, with the items accounting for a record high of more than 30 percent of total outbound shipments, data showed Sunday. Combined exports of chips and cars reached US$54.3 billion in the April-June period, taking up the [...]

South Korean Province Teams Up with Power Company and Social Enterprise for Innovative Recycling Initiative

South Korean Province Teams Up with Power Company and Social Enterprise for Innovative Recycling Initiative

CHANGWON, Aug. 10 (Korea Bizwire) – South Gyeongsang Province, the Korea Electric Power Corporation (KEPCO), and a social enterprise are joining forces to promote recycling and a culture of sharing by repurposing discarded safety helmets and plastic bottles. On August 9, the provincial government, KEPCO’s South Gyeongsang branch, and the social enterprise Usisan signed a memorandum [...]

South Korean Town Sees Success with Communal Childcare Spaces, Boosting Family-Friendly Infrastructure

South Korean Town Sees Success with Communal Childcare Spaces, Boosting Family-Friendly Infrastructure

HAENAM, Aug. 10 (Korea Bizwire) – The rural town of Haenam in South Jeolla Province is making notable strides in building family-friendly infrastructure through the operation of communal childcare spaces, an initiative that’s gaining traction in this part of South Korea. These shared childcare rooms, known locally as “gongdong yuga bang,” serve as collaborative spaces where [...]

Canine Detectives: South Korea’s New Approach to Underwater Search and Rescue

Canine Detectives: South Korea’s New Approach to Underwater Search and Rescue

GOYANG, Aug. 9 (Korea Bizwire) – On a muggy afternoon at the Haengju Ferry Terminal near the Han River, a specially trained dog named Alpha boarded a small boat, ready to demonstrate a groundbreaking technique in underwater search and rescue operations. Alpha, a scent evidence dog belonging to the Gyeonggi Northern Provincial Police Agency, is part [...]

COVID Test Kit Sales Surge in South Korea as Summer Vacation Coincides with New Wave

COVID Test Kit Sales Surge in South Korea as Summer Vacation Coincides with New Wave

SEOUL, Aug. 9 (Korea Bizwire) – With signs of a new COVID-19 wave emerging, convenience stores in South Korea are experiencing a significant increase in demand for self-testing kits during the vacation season. With some stores running out of stock, online shopping malls are seeing sharp price increases for these kits. According to convenience store industry [...]

Olympic ‘Selfies’ Allowed, but North Korean Athletes Aren’t Joining the Trend

Olympic ‘Selfies’ Allowed, but North Korean Athletes Aren’t Joining the Trend

SEOUL, Aug. 9 (Korea Bizwire) – In a break from tradition, athletes at the Paris Olympics have been permitted to take ‘selfies’ on the medal podium, marking a shift in the International Olympic Committee’s (IOC) longstanding ban on mobile devices during award ceremonies. This change comes with a catch: athletes must use the Galaxy Z Flip [...]

South Korea Holds Emergency Meeting on Electric Vehicle Fire Safety

South Korea Holds Emergency Meeting on Electric Vehicle Fire Safety

SEOUL, Aug. 9 (Korea Bizwire) – Amid growing public concern over recent electric vehicle (EV) fires, the Ministry of Trade, Industry and Energy convened an urgent meeting on August 8 to discuss preventive measures against future incidents. The emergency conference, held at the Korea Chamber of Commerce and Industry in Seoul, brought together automotive industry representatives, [...]

South Korea Pioneers AI Technology for Swine Pregnancy Detection

South Korea Pioneers AI Technology for Swine Pregnancy Detection

JEONJU, Aug. 8 (Korea Bizwire) – In a groundbreaking development for the pork industry, South Korean researchers have unveiled the world’s first artificial intelligence (AI) system capable of detecting pregnancy in sows, potentially revolutionizing farm management practices. The Rural Development Administration (RDA) announced on August 7 that researchers had successfully developed AI-powered technology to confirm pregnancy [...]

LG Unveils Third Generation of Proprietary AI Model EXAONE

LG Unveils Third Generation of Proprietary AI Model EXAONE

SEOUL, Aug. 7 (Korea Bizwire) — LG AI Research, the artificial intelligence lab under South Korea’s LG Group, unveiled the third generation of its giant, multimodal AI model EXAONE on Wednesday, offering improved performance and cost efficiency for its users. To contribute to the development of the AI ecosystem, LG AI Research said it has [...]

South Korea’s Gig Economy Swells to 883,000 Workers, Study Finds

South Korea’s Gig Economy Swells to 883,000 Workers, Study Finds

SEOUL, Aug. 6 (Korea Bizwire) – South Korea’s gig economy workforce, comprising delivery riders, designated drivers, and other platform-based workers, reached approximately 883,000 in 2023, according to a new government study released on August 5. The Ministry of Employment and Labor and the Korea Employment Information Service conducted the 2023 Platform Worker Survey based on a [...]