SEOUL, July 31 (Korea Bizwire) – In a quiet corner of western Japan, a group of dedicated citizens is working to shed light on a long-forgotten tragedy that claimed the lives of 183 miners, including 136 Koreans, during World War II. The Chosei coal mine disaster, which occurred on February 3, 1942, in the city of [...]
SEOUL, July 31 (Korea Bizwire) – Samsung Electronics Co. said Wednesday sales of high-performance high bandwidth memory (HBM) products soared more than 50 percent in the second quarter from three months earlier, driven by a boom in generative artificial intelligence. “The memory market continued to be strong in the second quarter, fueled by strong demand [...]
SEOUL, Jul. 31 (Korea Bizwire) – A recent report by CJ ENM’s digital marketing firm MezzoMedia reveals a growing trend among South Korean consumers: maximizing value from limited time across shopping, gaming, and content consumption. The 2024 Consumer Trends Series report, released on July 29, highlights consumers’ increasing preference for products and services that minimize wasted [...]
DAEJEON, Jul. 31 (Korea Bizwire) – The Korea Forest Service has designated two new products as innovative solutions for combating forest fires, the Korea Forest Promotion Institute announced on July 29. The products, a solid fire extinguishing agent and a fire retardant, were developed by Daemyung Hitech Co., Ltd. through the Forest Science and Technology Commercialization [...]
SEOUL, July 30 (Korea Bizwire) – Hyundai Motor Company announced on July 28 that its short film “Night Fishing,” co-produced with actor Son Suk-ku, won the Best Editing Award in the International Short Film Competition category at the 28th Fantasia International Film Festival. This marks the first time a film produced by a Korean automaker has [...]
SEOUL, Jul. 30 (Korea Bizwire) — SK Telecom Co. said Tuesday it has launched its artificial intelligence-based veterinary care assistance service X Caliber in Southeast Asia. The mobile carrier signed a deal with local companies to supply X Caliber in Malaysia, Thailand and Vietnam, according to the Korean company. X Caliber is an AI-based veterinary [...]
JEJU, Jul. 30 (Korea Bizwire) – Starting August 1, all buses on Jeju Island will be equipped with a QR code payment system, marking a significant step towards modernizing public transportation and improving convenience for both local residents and international visitors. The Jeju provincial government announced on July 29 that passengers will be able to pay [...]
SEOGWIPO, Jul. 29 (Korea Bizwire) – In early 2023, Chung Eui-sun, the chairman of Hyundai Motor Group, directed his executive team to develop a “firefighter recovery vehicle” after learning that only 10 such vehicles existed nationwide, and they were aging rapidly. Chung suggested utilizing the company’s hydrogen bus technology for this purpose. The initiative was sparked [...]
SEOUL, Jul. 29 (Korea Bizwire) – The South Korean Ministry of Environment and POSCO DX have joined forces in an innovative environmental, social, and governance (ESG) initiative aimed at reducing wildlife-vehicle collisions on the country’s roads. On July 26, the two entities signed a memorandum of understanding at POSCO DX’s Pangyo office in Seongnam, Gyeonggi Province. [...]
SEOUL, Jul. 26 (Korea Bizwire) – In the quiet countryside of South Korea, a surprising trend is emerging. Towns like Gurye in South Jeolla Province, Yangyang in Gangwon Province, and Hadong in South Gyeongsang Province are experiencing a tourism renaissance, despite their dwindling official populations. These rural communities, each with fewer registered residents than a single [...]