SEOUL, Feb. 28 (Korea Bizwire) — Reversing vehicles account for 14% of all pedestrian traffic accidents in South Korea, according to a new study that highlights the need for a greater adoption of advanced safety features. The Samsung Fire & Marine Insurance Traffic Safety Research Institute analyzed traffic accident data from 2019 to 2023, revealing that [...]
SEOUL, Feb. 28 (Korea Bizwire) — Samsung Electronics and LG Electronics have demonstrated their design prowess at the iF Design Award 2025, one of the world’s top three design competitions, with Samsung securing 75 awards and LG earning 29 distinctions across multiple categories. Samsung’s OLED TV (model S95C) and the Galaxy Z Flip5 Maison Margiela Edition [...]
SEOUL, Feb. 28 (Korea Bizwire) — The South Korean Ministry of Science and ICT announced on February 27 that it will select contractors next month for a pilot project to implement post-quantum cryptography (PQC), laying the groundwork for transitioning the nation’s cryptographic systems to prepare for the quantum computing era. Post-quantum cryptography relies on complex mathematical [...]
SEOUL, Feb. 28 (Korea Bizwire) — Korean content has maintained its position as the most-watched non-English programming on Netflix for two consecutive years, according to the company’s latest viewership report released on Thursday. In the second half of 2024, Netflix recorded a total of approximately 94 billion viewing hours, reflecting a 5% increase from the same [...]
Tarragona, Spain, Feb. 27 (Korea Bizwire) — Kia and Samsung Electronics have announced a strategic partnership to integrate Samsung’s AI-powered Internet of Things (IoT) platform, SmartThings Pro, into Kia’s purpose-built vehicles (PBVs). The collaboration, unveiled at the 2025 Kia EV Day event in Tarragona, Spain, on February 24, aims to enhance business automation for commercial [...]
SEOUL, Feb. 27 (Korea Bizwire) — The World Wide Fund for Nature (WWF) marked International Polar Bear Day on February 27 by releasing a series of videos and images highlighting the rapid loss of Arctic sea ice and its devastating impact on polar bears. The initiative aims to raise awareness about the urgent need for conservation [...]
SEOUL, Feb. 27 (Korea Bizwire) — South Korea’s National Assembly passed the so-called ‘K-Chips Act’ on February 27, expanding tax benefits for semiconductor companies in a move aimed at strengthening the nation’s global competitiveness in chip manufacturing. The legislation comes at a crucial time as geopolitical uncertainties, including the new U.S. administration’s trade policies, add pressure [...]
Tarragona, Spain, Feb. 27 (Korea Bizwire) — Kia has introduced its first purpose-built vehicle (PBV), the PV5, as part of its strategy to lead in customized mobility solutions. Designed for passenger transport, cargo delivery, and wheelchair accessibility, the PV5 offers a highly adaptable interior, making it suitable for various specialized applications, including camping and refrigerated transport. [...]
SEOUL, Feb. 27 (Korea Bizwire) — The Seoul Metropolitan Government is set to debut South Korea’s first artificial intelligence (AI)-powered robotic electric vehicle (EV) charging system, ‘Seoul Boy,’ on February 27. The innovative system, developed in collaboration with EV charging specialist Moderntec, will be located at the public parking lot of Sinbanghwa Station on Subway Line [...]
SEOUL, Feb. 27 (Korea Bizwire) — South Korea’s birthrate and total fertility rate experienced a rare uptick in 2024, driven by an increase in the population of women in their early 30s. However, experts warn that this trend may be short-lived as broader demographic declines continue. According to the latest government data, approximately 238,000 babies [...]