SEOUL, Dec. 5 (Korea Bizwire) – Microsoft has become the first global tech giant to receive security certification for cloud services in South Korea’s public sector, potentially paving the way for the company to introduce artificial intelligence tools in the nation’s schools. The certification, known as CSAP, was granted by the Korea Internet & Security Agency [...]
SEOUL, Dec. 4 (Korea Bizwire) – South Korea witnessed an unprecedented moment in its democratic history on December 4, as President Yoon Suk-yeol’s declaration of martial law and its subsequent annulment by the National Assembly were live-streamed and widely shared on social media, condensing 155 minutes of high-stakes political tension into a nationwide spectacle. The rapid [...]
SEOUL, Dec. 4 (Korea Bizwire) – South Korean businesses faced an unexpected disruption overnight as President Yoon Suk-yeol declared martial law late on December 3, prompting widespread adjustments across industries before the emergency was rescinded hours later. Rapid Shift to Remote Work Companies with offices in key areas, particularly Yeouido, moved swiftly to protect employees. [...]
SUWON, Dec. 4 (Korea Bizwire) – A South Korean appeals court has upheld a fine against a YouTuber who was charged with defaming another content creator during a livestream that had only one viewer, establishing that public exposure can exist even with minimal viewership. The Suwon High Court’s Criminal Division 2-1 rejected an appeal on December [...]
SEOUL, Dec. 4 (Korea Bizwire) – As concerns mount over a prolonged drop in electric vehicle demand and potential impacts of Donald Trump’s potential return to the White House, South Korea’s battery manufacturers are adapting their strategies amid growing industry turbulence marked by EV plant closures and bankruptcies worldwide. The country’s three major battery makers are [...]
SEOUL, Dec. 4 (Korea Bizwire) — Video streaming service YouTube has been the most used mobile app in South Korea for an entire year, industry data showed Wednesday. The Google-owned mobile platform recorded 46.35 million monthly active users in November, maintaining its lead for 12 straight months in the country, according to the data from [...]
SEOUL, Dec. 4 (Korea Bizwire) – In response to growing demand for obesity medications, Samsung Fire & Marine Insurance has launched health insurance products that cover high-cost obesity treatments, marking a significant development in the Korean health insurance market. These new plans offer coverage for GLP-1 class obesity medications, such as Wegovy and Saxenda, which [...]
JEONJU, Dec. 4 (Korea Bizwire) – South Korea’s Rural Development Administration (RDA) is accelerating efforts to develop smart agriculture technologies aimed at automating farming practices. On December 3, the RDA showcased its innovations during a demonstration event in Hamyang County, Gyeongnam Province, attended by over 100 local farmers and industry participants. The initiative focuses on [...]
SEOUL, Dec. 4 (Korea Bizwire) – South Korea’s private universities, including major institutions in Seoul, are grappling with mounting financial difficulties due to shrinking student populations and frozen tuition fees. An alarming analysis presented at a National Assembly forum on December 3 revealed that eight out of ten leading private universities in Seoul are operating [...]
SEOUL, Dec. 4 (Korea Bizwire) – In a groundbreaking development, South Korea’s Aerospace Agency, in collaboration with the Electronics and Telecommunications Research Institute (ETRI), showcased a pioneering drone platform that integrates data, networks, and artificial intelligence (DNA) for real-time search and rescue operations. At a demonstration in Daejeon on December 3, the platform, powered by [...]