SEJONG, Jul. 25 (Korea Bizwire) – The South Korean Ministry of Land, Infrastructure and Transport announced on July 24 that 12 new construction technologies, including a method for inspecting concrete cracks using autonomous drones, have been designated as innovative construction technologies for the first half of this year. Since 1989, the government has been designating new [...]
SEOUL, July 24 (Korea Bizwire) – LG Uplus, a major South Korean telecommunications company, announced on July 24 that it will introduce its web-based in-vehicle gaming service, Game Portal, to Kia’s new EV3. This marks the first time the Game Portal service will be available in a domestic brand vehicle in South Korea. According to LG [...]
SEOUL, Jul. 24 (Korea Bizwire) – LG Electronics announced on July 23 that it has received over 16,000 ideas from customers in South Korea and the United States for its innovative “UP Appliances” program, highlighting a growing trend in consumer-driven product development. Launched in 2022, LG’s UP Appliances are designed to evolve with customers’ needs, allowing [...]
INCHEON, Jul. 24 (Korea Bizwire) – In a bold move to address the country’s declining birth rate, the city of Incheon announced on July 23 that it will begin implementing a new child allowance program next month, separate from the existing national child benefit system. The “Child Dream Allowance” program, set to launch on August 1, [...]
SEOUL, July 23 (Korea Bizwire) – LG Innotek, a leading electronics components manufacturer, announced on June 22 its plans to accelerate its expansion into the automotive communication parts market with a cutting-edge digital key solution. Digital keys, which allow users to lock, unlock, and start vehicles using smartphones connected via wireless technology, have seen a surge [...]
SEOUL, Jul. 23 (Korea Bizwire) – In a strategic move to secure a leading position in the next-generation artificial intelligence (AI) semiconductor market, Samsung Electronics is ramping up investments in AI chip companies. Industry sources reported on July 22 that the Samsung Catalyst Fund (SCF), a venture capital fund that operates under the Samsung Semiconductor Innovation [...]
SEOUL, July 20(Korea Bizwire) – The number of international passengers traveling via Incheon International Airport has leaped nearly 40 percent in the first half of 2024 from a year earlier, the airport’s operator said Friday. A total of around 34 million passengers traveled on international flights at Incheon International Airport in the first half, up [...]
SEOUL, July 19 (Korea Bizwire) – Chinese, Japanese and Western restaurants will be allowed to employ immigrant workers as kitchen assistants, officials said Friday, a move that could help address workforce shortages in the restaurant industry. Under the updated work permit policy, restaurants servicing Chinese, Japanese, Western or other foreign cuisine will be permitted to [...]
SEOUL, Jul. 19 (Korea Bizwire) – LG Electronics is ramping up its smart factory solutions business, leveraging 66 years of manufacturing and production data combined with artificial intelligence (AI) and digital transformation (DX) technologies. The company aims to aggressively enter industrial sectors with anticipated growth in factory demand, with the goal of achieving revenue of 1 [...]
SEOUL, Jul. 19 (Korea Bizwire) – Hyundai Mobis, a leading automotive supplier, announced on July 18 that it has developed the world’s first airbags specifically designed for Purpose-Built Vehicles (PBVs), addressing the unique safety challenges presented by these versatile and spacious vehicles. The company has introduced two innovative airbag designs: a door-mounted curtain airbag and a [...]