SEOUL, Jan. 24 (Korea Bizwire) — Doosan Robotics is rolling out sophisticated food and beverage solutions featuring collaborative robots that can pour beer and mix cocktails, with its latest installations appearing at South Korea’s major airports, the company announced on January 23. The company has deployed its automated beer-dispensing system at the Airbot Bar within the [...]
DAEJEON, Jan. 24 (Korea Bizwire) — Scientists at the Advanced Radiation Technology Institute of the Korea Atomic Energy Research Institute announced on January 23 that they have discovered a way to mitigate radiation-induced organ damage using Deinococcus radiodurans, a bacterium renowned for its exceptional radiation resistance. While research into radiation protection agents is being conducted globally, [...]
SEOUL, Jan. 24 (Korea Bizwire) — A stark gender divide exists among South Korean teenagers regarding dating expenses, with young women overwhelmingly favoring equal cost-sharing while young men show more traditional views, according to a lifestyle report released by Woori Bank on January 23. The “Teens’ Diary” report, which surveyed 3,729 teenagers aged 14-18 nationwide, revealed [...]
DAEJEON, Jan. 24 (Korea Bizwire) — The Korea Research Institute of Bioscience and Biotechnology (KRIBB) announced on January 23 that its researchers have made a groundbreaking discovery, becoming the first in the world to unravel how harmful microalgae produce toxins and develop a biological control method to inhibit this process. Microalgae, single-celled organisms crucial to marine [...]
SEOUL, Jan. 23 (Korea Bizwire) — Hyundai Motor weathered a challenging year in 2024, achieving annual revenue of 175.2 trillion won ($125 billion) and operating profit of 14.2 trillion won ($10.1 billion). While these figures represent a 5.9% decline in operating profit compared to the previous year’s record-setting performance, analysts praised the company for mitigating [...]
SEOUL, Jan. 23 (Korea Bizwire) — SK Hynix announced on January 23 that it expects its revenue from high-bandwidth memory (HBM) products to more than double in 2025 compared to the previous year, fueled by rising demand from the AI market. The company plans to complete development and begin production of its sixth-generation HBM4 later this [...]
GWANGJU, South Korea, Jan. 23 (Korea Bizwire) — The South Korean city of Gwangju has reciprocated a symbolic gift from the U.S. state of Virginia with a gesture that underscores shared democratic ideals. On January 16, Gwangju Mayor Kang Gi-jung sent the city’s flag to Virginia Governor Glenn Youngkin via professors from Chonnam National University’s Food [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s Personal Information Protection Commission (PIPC) has imposed fines totaling 8.3 billion won ($5.8 Million) on KakaoPay and Apple Pay for transferring the personal data of approximately 40 million users to China’s Alipay without proper consent. The commission announced on Thursday that both companies violated South Korea’s Personal Information [...]
SEOUL, Jan. 23 (Korea Bizwire) — Starting January 24, 2025, South Korea will extend the maximum residence period for foreign victims of jeonse frauds in public emergency housing from two years to six years, the Ministry of Land, Infrastructure, and Transport announced on Thursday. Jeonse fraud is a type of real estate fraud that occurs when [...]
SEOUL, Jan. 23 (Korea Bizwire) — Korean digital comics, known as webtoons, are breaking new ground across international borders and media formats, with recent adaptations announced for both Hollywood and Japanese stage productions. Webtoon Entertainment, the parent company of Naver Webtoon, announced on January 22 that its horror series “Stagtown” is being developed into a feature film [...]