SEOUL, Feb. 19 (Korea Bizwire) — The Seoul Research Institute of Public Health and Environment announced on February 18 that all 198 home baking utensils tested in a recent safety inspection passed heavy metal contamination standards. The investigation covered 14 categories of baking tools, including bread molds, cooking paper, and various baking molds commonly sold in [...]
SEOUL, Feb. 19 (Korea Bizwire) — South Korean users of the popular short-video app TikTok are on the rise despite concerns over possible data leakage, an industry data tracker said Wednesday. The monthly active users (MAU) of TikTok and TikTok Lite, which are owned by China-based ByteDance, reached 4.89 million and 4.79 million, respectively, in [...]
SEOUL, Feb. 19 (Korea Bizwire) — Seoul Metropolitan Government announced plans to invest 51.3 billion won in creating a “digital safety city” this year, with initiatives including the installation of intelligent CCTV systems and expanded public WiFi coverage. The budget represents a 6.3 billion won increase from last year. The city is accelerating the deployment of [...]
SEOUL, Feb. 19 (Korea Bizwire) — International news outlets have extensively covered the sudden passing of 25-year-old South Korean actress Kim Sae-ron, reflecting on her rise to fame and the pressures of the country’s entertainment industry. Major media organizations including Reuters, AFP, CNN, CBS, The New York Times, The New York Post, USA Today, Fox News, [...]
SEOUL, Feb. 19 (Korea Bizwire) — Samsung SDI has completed the development of a breakthrough technology designed to prevent thermal propagation, a key cause of electric vehicle (EV) battery fires, and is now preparing for commercialization. According to Samsung SDI’s newsroom announcement on February 18, the company has finalized the commercialization review for its ‘No-Thermal Propagation’ [...]
SEOUL, Feb. 18 (Korea Bizwire) — Gold and dollar deposits at South Korea’s major banks have reached record highs as investors seek safe-haven assets amid global economic uncertainty and a strong U.S. dollar. According to financial industry data released on February 18, the combined balance of dollar deposits at the country’s five largest banks—KB Kookmin, Shinhan, [...]
SEOUL, Feb. 18 (Korea Bizwire) — Hyundai Motor Company announced on Tuesday the launch of the ‘2025 The New Mighty,’ an upgraded version of its mid-size commercial truck, featuring enhanced cargo capacity and additional convenience features. The latest model lineup has been refined with improved load performance and added convenience features across various trims. The 4-ton [...]
SEOUL, Feb. 18 (Korea Bizwire) — Samsung Electronics has retained its position as the world’s top TV manufacturer for the 19th consecutive year, while LG Electronics continues to lead the global OLED TV market for the 12th straight year. Samsung Leads Global TV Market with 28.3% Share According to global market research firm Omdia, Samsung captured [...]
SEOUL, Feb. 18 (Korea Bizwire) — Hyundai Motor Company is strengthening its commitment to the sustainability of South Korea’s art ecosystem by supporting international exchange and collaboration among public art institutions. On February 18, Hyundai unveiled the ‘Hyundai Translocal Series,’ a new initiative designed to facilitate joint exhibitions and partnerships between domestic and international art institutions. [...]
SEOUL, Feb. 18 (Korea Bizwire) — A growing number of young South Koreans in online communities are engaging in radical political actions, including plotting disruptions at court buildings and orchestrating mass messaging campaigns against Constitutional Court Acting Chief Justice Moon Hyung-bae. Experts suggest that economic instability and social alienation among youth are fueling this escalation. According [...]