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More Than 18,000 Elderly South Koreans Died by Suicide Over Past Five Years

More Than 18,000 Elderly South Koreans Died by Suicide Over Past Five Years

Experts call for targeted, integrated mental health strategies as older adults face higher suicide risk and lower access to care SEOUL,August 5 (Korea Bizwire)  — More than 18,000 South Koreans aged 65 and older died by suicide over the past five years, averaging more than 10 deaths per day, according to new findings that highlight [...]

Young Workers Shrink in Number as South Korea’s Top Firms Skew Older

Young Workers Shrink in Number as South Korea’s Top Firms Skew Older

  SEOUL, Aug. 5 (Korea Bizwire) — South Korea’s largest companies now employ more workers in their 50s than in their 20s, a demographic shift that underscores slowing youth hiring amid persistent economic headwinds. As of the end of 2024, employees in their 20s accounted for 19.8% of the workforce at 124 major companies tracked [...]

Samsung Display Unveils ‘MONT Flex’ Brand for Foldable OLED Panels

Samsung Display Unveils ‘MONT Flex’ Brand for Foldable OLED Panels

SEOUL, Aug. 5 (Korea Bizwire) — Samsung Display Co. on Tuesday unveiled its new brand MONT Flex for foldable organic light-emitting diode (OLED) panels, highlighting its products’ durability and slimness. The South Korean display giant said the brand stands for “mechanically durable, opto-mechanically flat, narrow bezel enabling, and thin and light,” referring to the company’s [...]

Gyeonggi Province Develops AI-Powered System to Predict Crop Stress from Climate Shocks and Pests

Gyeonggi Province Develops AI-Powered System to Predict Crop Stress from Climate Shocks and Pests

Project aims to detect stress at genetic level before visible symptoms emerge SUWON, August 5 (Korea Bizwire) — South Korea’s Gyeonggi Provincial Agricultural Research and Extension Services has launched an ambitious initiative to develop an artificial intelligence-based system capable of predicting crop stress caused by extreme weather and pest outbreaks before symptoms are visible. Announced [...]

Legal Blind Spots Leave Victims of Digital Stalking Unprotected

Legal Blind Spots Leave Victims of Digital Stalking Unprotected

Experts call for stronger protections as digital surveillance expands beyond physical boundaries SEOUL, August 5 (Korea Bizwire)  — As digital technologies reshape the nature of personal relationships, experts are warning that South Korea’s legal system is falling behind in protecting victims of online stalking—an increasingly pervasive form of tech-enabled coercive control. In a recent paper [...]

South Korean Team Sets Record with 12-Hour Flight of Fuel Cell-Powered Drone

South Korean Team Sets Record with 12-Hour Flight of Fuel Cell-Powered Drone

Breakthrough marks milestone in long-endurance unmanned aerial technology using homegrown hydrogen fuel cell SEOUL, Aug. 5 (Korea Bizwire)— A South Korean research team has successfully completed a 12-hour continuous flight using a domestically developed hydrogen fuel cell-powered drone, setting a new national benchmark for unmanned aerial vehicle (UAV) endurance, the Korea Institute of Materials Science [...]

LG Unveils Ultra-Compact 4K Projector with Advanced Short-Throw Technology

LG Unveils Ultra-Compact 4K Projector with Advanced Short-Throw Technology

SEOUL, August 4 (Korea Bizwire) — LG Electronics has launched the LG CineBeam Shorts, a compact 4K ultra-short-throw projector that promises to deliver immersive visuals even in tight spaces. Designed to project a 100-inch screen from just 39.3 centimeters away, the device offers exceptional space efficiency and portability, weighing only 1.9 kilograms. Continuing the design [...]

LG Chem’s JV Breaks Ground On Eco-Friendly Fuel Plant in S. Korea

LG Chem’s JV Breaks Ground On Eco-Friendly Fuel Plant in S. Korea

SEOUL, Aug. 4 (Korea Bizwire) — LG Chem Ltd. said Monday its biofuel joint venture established with Italy’s Enilive S.p.A. has started construction of South Korea’s first hydro-treated vegetable oil (HVO) plant, part of the company’s drive to expand sustainable chemical production. The joint venture, named LG-Eni Biorefining, held a groundbreaking ceremony at the HVO [...]

No Tip, Please: Why South Korea Is Resisting an American Dining Norm

No Tip, Please: Why South Korea Is Resisting an American Dining Norm

As tip jars quietly appear in restaurants, backlash grows against what many see as creeping Americanization of service culture SEOUL, August 4 (Korea Bizwire) — A growing number of South Koreans are voicing frustration over the appearance of tip boxes in local restaurants, igniting debate over whether a foreign practice should be grafted onto a [...]

From Creator to CEO: Korean YouTubers Embrace Business Models Beyond Views

From Creator to CEO: Korean YouTubers Embrace Business Models Beyond Views

As ad revenue declines, South Korean digital creators shift toward memberships, merch, and multi-platform branding strategies SEOUL, August 4 (Korea Bizwire) — Once fueled by the chase for views and viral content, South Korea’s YouTubers are increasingly transforming into entrepreneurs, diversifying their revenue streams and treating their channels as full-fledged personal brands. According to industry sources [...]