SEOUL, May 21 (Korea Bizwire) — Hoban Construction has successfully completed a pilot test of a smart robotic system designed to automate exterior wall painting at construction sites, the company announced Tuesday. The robot, named “Rollot,” was developed by automation specialist WPS, a startup discovered through Hoban’s open innovation program. Rollot moves vertically along wires [...]
SEOUL, May 21 (Korea Bizwire) — Roughly 230,000 foreign nationals worked in South Korea’s construction industry in 2024, accounting for 14.7% of the sector’s total workforce, according to a new report released Tuesday by the Construction Workers Mutual Aid Association. Of these, over 83% were ethnic Korean Chinese, or Joseonjok, highlighting their dominant role in [...]
SEOUL, May 21 (Korea Bizwire) – As generative AI tools increasingly take over routine coding tasks, South Korea’s software industry is witnessing a growing polarization in developer hiring, with demand surging for high-skilled talent and declining for junior-level programmers. According to a new report released Monday by the Software Policy & Research Institute, the convergence of [...]
SEOUL, May 21(Korea Bizwire) — HD Hyundai Construction Equipment, a core subsidiary of HD Hyundai, has completed the transformation of its Ulsan plant into a next-generation smart factory designed to serve as a global production hub, the company announced Tuesday. At a ceremony held May 20 at its Ulsan campus, HD Hyundai Chairman Kwon Oh-gap, [...]
SEOUL, May 21 (Korea Bizwire) — South Korea’s Dongwon Industries announced Tuesday that it has developed and deployed the world’s first drone specifically engineered for fish-finding operations, marking a technological breakthrough in sustainable offshore fishing. Unlike previous methods that relied on helicopters or general-purpose drones, the new model—referred to as the “fish-finding drone”—was designed from the [...]
TAIPEI, May 20 (Korea Bizwire) – Samsung Display is making its debut at Asia’s largest IT trade show, Computex 2025, showcasing a range of industry-leading OLED technologies aimed at reshaping the future of IT displays. The company announced Tuesday that it will operate a private exhibition booth for key clients from May 20 to 23 at [...]
SEOUL, May 20 (Korea Bizwire) — South Korea’s automobile exports to the United States fell sharply in April 2025, as new U.S. tariffs and a temporary slowdown in electric vehicle demand took a toll on the country’s largest export market for cars. According to data released Tuesday by the Ministry of Trade, Industry and Energy, [...]
SEOUL, May 20 (Korea Bizwire) — The value of South Korea’s virtual asset market nearly doubled in the second half of last year from six months earlier, on rising prices of cryptocurrencies, data showed Tuesday. The market capitalization of the virtual asset market had come to 107.7 trillion won (US$77.6 billion) as of end-2024, up [...]
SEOUL, May 20 (Korea Bizwire) — Korea’s traditional Buddhist temple cuisine, known for its deep spiritual roots and vegetarian principles, has been officially designated a National Intangible Cultural Heritage, the Korea Heritage Service announced on Monday. Often referred to as “sachal eumsik”, temple food encompasses the everyday meals of Buddhist monks, including ritual offerings and [...]
SEOUL, May 20 (Korea Bizwire) — As South Korea prepares to mandate zero-energy building (ZEB) standards for private apartment complexes by the end of June, major construction firms are racing to upgrade their building technologies to meet new government regulations aimed at reducing greenhouse gas emissions. The new rules, which will apply to all private buildings [...]