SEOUL, July 12 (Korea Bizwire) – In an unprecedented move, the National Samsung Electronics Union (NSEU) has launched its first general strike in the company’s history, focusing its efforts on semiconductor production lines to amplify its impact. On July 11, the fourth day of the strike, approximately 350 union members gathered in front of the 8-inch [...]
SEOUL, July 12 (Korea Bizwire) – The Korea TV Broadcasting System (KTV), a government-affiliated broadcaster operating under the Ministry of Culture, Sports and Tourism, has filed a lawsuit against a singer who posted a satirical video of President Yoon Suk Yeol and his staff performing a choral piece, police sources confirmed on July 11. The Mapo [...]
SEOUL, Jul. 12 (Korea Bizwire) – A recent global survey has revealed that generative AI tools, such as ChatGPT, have seen the most significant improvement in performance satisfaction within the sales sector this year. Meanwhile, the legal field experienced the steepest decline in AI satisfaction. According to a quarterly AI survey conducted by Bain & Company, [...]
SEOUL, Jul. 12 (Korea Bizwire) – A recent survey has revealed that 9 out of 10 consumers in South Korea intend to stick with their current smartphone brand, indicating a strengthening “lock-in effect” in the mobile device market. The study also found that smartphone usage among seniors over 70 has surpassed 90% for both men and [...]
SEOUL, Jul. 12 (Korea Bizwire) – Samsung Electronics unveiled its first smart ring, the Galaxy Ring, at a launch event in Paris, generating significant consumer interest, particularly regarding the potential inclusion of non-invasive blood glucose monitoring. Similar expectations surrounded the Galaxy Watch 7. However, neither device includes this highly anticipated feature. Non-invasive monitoring refers to methods [...]
SEOUL, Jul. 12 (Korea Bizwire) – LG Electronics announced on July 11 that its subscription-based business model for premium home appliances is experiencing rapid growth, with more than 3 out of 10 customers opting for subscriptions over traditional purchases in June. The tech giant reported that 36.2% of sales for 20 subscription-eligible products at LG Best [...]
SEOUL, Jul. 11 (Korea Bizwire) –The government said Thursday it plans to launch a pilot program to enable tertiary general hospitals to focus more on critical and emergency patients as part of an overhaul of the country’s medical system. The government held a special committee meeting on medical reform at the government complex in Seoul [...]
SEOUL, Jul. 11 (Korea Bizwire) – Hyundai Motor Co. said Thursday it will launch the GV60 Magma SUV in South Korea next year as it beefs up high-performance models. The GV60 Magma will be the first model under the Genesis Magma program, which was officially launched at the Genesis showroom in New York in March, [...]
SEOUL, Jul. 11 (Korea Bizwire) – In a move that could reshape the electric vehicle charging landscape in North America, Toyota, the world’s largest automaker, announced on July 10 its decision to invest in Ionna, a joint venture formed by seven major global car manufacturers to build an extensive EV charging network. Ionna, established last [...]
SEOUL, Jul. 10 (Korea Bizwire) – A recent study has revealed that teachers in South Korea face more than twice the risk of developing work-related mental illnesses compared to other civil servants, shedding light on a growing concern in the country’s education sector. The research, published in the latest issue of the international journal Occupational Medicine, [...]