SEOUL, April 16, (Korea Bizwire) — After a brief slowdown at the end of 2024, South Korea’s budget mobile phone market is rebounding in early 2025, buoyed by new low-cost 5G data plans and increased government support. According to data released Monday by the Ministry of Science and ICT, the number of mobile subscriptions under [...]
SEOUL, April 15 (Korea Bizwire) — After more than a decade of planning, South Korea’s first public art museum devoted exclusively to photography is set to open in Seoul’s Dobong District on May 29. The Seoul Museum of Photography, a new branch of the Seoul Museum of Art (SeMA), spans 7,048 square meters across two underground [...]
MARMANDE, FRANCE, April 15 (Korea Bizwire) — A filmed performance of Suni Samchon, a Korean opera based on the Jeju April 3 Incident, is being screened at a cinema in Marmande, France, through April 17 as part of the city’s annual April cultural festival. The screening is organized by the Marmande city government and the [...]
SEOUL, April 15 (Korea Bizwire) — SK Telecom announced on Monday the launch of a groundbreaking “T In-Flight Wi-Fi Auto Roaming” service on select Korean Air flights, marking the first time globally that automatic authentication technology has been applied to in-flight wireless internet. Developed in partnership with SK Telink, the new service allows SKT subscribers to [...]
SEOUL, April 15, (Korea Bizwire) — South Korea’s TV home shopping industry continues to face mounting financial strain as broadcasting fees soared to consume more than 70 percent of television sales revenue in 2024, despite a modest rise in overall sales. According to a report released Monday by the Korea TV Home Shopping Association, the [...]
SEOUL, April 15, (Korea Bizwire) — A new industry survey has found that restaurant franchise owners in South Korea take an average of two years and seven months to recover their initial investment, while more than half continue to pay fees to headquarters long after opening. According to a report released Monday by the Korea [...]
SEOUL, April 15, (Korea Bizwire) — South Korea’s antitrust regulator has penalized a domestic game developer for deceiving players about the odds of winning in-game items, marking a rare move to regulate deceptive practices in the booming online gaming sector. The Korea Fair Trade Commission (KFTC) announced on Monday that it has imposed a corrective [...]
SEOUL, April 15, (Korea Bizwire) — In an effort to protect consumers from online shopping mishaps, the Seoul Metropolitan Government has introduced a new self-assessment service designed to help residents identify and prevent potential e-commerce risks before making purchases. The interactive service, launched through the city’s E-Commerce Center, draws on an extensive database of 7,000 [...]
POHANG, South Korea, April 15 (Korea Bizwire) — A team of South Korean scientists has developed a groundbreaking sensor capable of detecting all major variants of COVID-19 in real time, offering a significant advancement in the field of infectious disease diagnostics. The research team, led by Professors Oh Seung-soo and Woo Sung-wook of POSTECH’s Department [...]
DAEJEON, South Korea, April 15 (Korea Bizwire) — Startups founded by alumni and faculty of the Korea Advanced Institute of Science and Technology (KAIST) have emerged as a driving force in South Korea’s innovation economy, with 20 companies going public over the past four years and a combined market capitalization exceeding ₩10 trillion (approximately $7.1 billion). [...]