SEOUL, April 8 (Korea Bizwire) — As generative AI tools like ChatGPT become increasingly common in job applications, hiring professionals are struggling to assess the true capabilities of candidates, raising new questions about fairness, authenticity, and the future of recruitment. A recent survey by U.S.-based career platform ResumeGenius, which polled 1,000 hiring managers, reveals that [...]
SEOUL, April 8 (Korea Bizwire) — The South Korean government is on alert following China’s decision to tighten its grip on rare earth exports and impose retaliatory tariffs in response to new U.S. trade measures, raising fresh concerns over global supply chain vulnerabilities. Beijing announced last week that it will impose a 34% retaliatory tariff [...]
SEOUL, April 8 (Korea Bizwire) — A wave of tuition increases at South Korean private universities this semester has emerged as a key driver of inflation, with fears mounting that more institutions—particularly public ones—may follow suit in 2026, deepening financial strain on students and households. According to government data, tuition hikes at nearly 70% of [...]
SEOUL, April 8 (Korea Bizwire) — As competition in the AI-powered television market intensifies, South Korea’s tech giants Samsung Electronics and LG Electronics have reignited a familiar battle—this time over dominance in the premium OLED TV segment. At Samsung’s Unbox & Discover 2025 event held Monday in Seoul, Yong Seok-woo, president of the company’s Visual Display [...]
LOS ANGELES, April 7 (Korea Bizwire) — Director Bong Joon-ho’s much-anticipated Hollywood return with Mickey 17 has come to a premature end in theaters, concluding its underwhelming box office run and transitioning to streaming platforms just one month after its debut. According to Amazon Prime Video’s release calendar, the film will be available for streaming [...]
SEOUL, April 7 (Korea Bizwire) — Samsung Electronics has declared the dawn of the true AI television era with the launch of its expansive 2025 TV lineup, designed to offer personalized, intelligent viewing experiences by understanding users’ preferences, intentions, and behaviors. At its annual “Unbox & Discover 2025” showcase held Monday at the Samsung Gangnam [...]
SEOUL, April 7 (Korea Bizwire) — The explosion of short-form video content on platforms like Instagram Reels and YouTube Shorts may be fueling a surge in smartphone overdependence among young South Koreans, a new academic study has found — prompting calls for greater social and platform accountability in addressing digital addiction. According to research published [...]
SEOUL, April 7 (Korea Bizwire) — South Korea’s largest banks posted record-breaking profits in 2024, yet their hiring of entry-level employees remained flat or declined, drawing criticism for neglecting their social responsibility to create jobs—particularly for young job seekers facing a worsening employment climate. According to data obtained by Rep. Kim Hyun-jung of the National [...]
SEOUL, April 7 (Korea Bizwire) — Foreigners who have experienced South Korean pop culture associate the country with its popular music, dubbed K-pop, more than any other form of content, a government report showed Monday. The annual report by the Ministry of Culture, Sports and Tourism and its affiliate, the Korean Foundation for International Cultural [...]
SEOUL, April 7 (Korea Bizwire) — South Korea is grappling with a shrinking pool of blood donors as demographic challenges and shifting social incentives undercut participation, despite a modest rebound in total donations since the pandemic. According to 2024 data released by the Korean Red Cross and Statistics Korea, the number of individuals who donated blood [...]