SEOUL, Nov. 28 (Korea Bizwire) – A senior lawmaker from South Korea’s majority Democratic Party, Lee Eon-joo, introduced a resolution on Thursday urging the government to cease its involvement in the Ukraine conflict, including the provision of lethal weapons. In a press conference at the National Assembly, Lee emphasized the constitutional duty of the South Korean [...]
SEOUL, Nov. 28 (Korea Bizwire) – A new report suggests the ASEAN semiconductor industry, traditionally strong in chip packaging, is poised for continued growth as global firms seek to diversify supply chains beyond China amid ongoing U.S.-China competition in the semiconductor sector. The International Trade Research Institute at the Korea International Trade Association reported on November [...]
SEOUL, Nov. 28 (Korea Bizwire) – Seoul’s urban skyline is set for a dramatic transformation as the city approved plans for ultra-high-rise apartment complexes reaching up to 250 meters in two prime locations: the affluent Apgujeong-dong neighborhood in Gangnam district and the emerging luxury district of Seongsu-dong. The Seoul Metropolitan Government announced on November 26 that [...]
SEOUL, Nov. 28 (Korea Bizwire) — Hyundai Motor Co. on Thursday introduced a new wearable robot device for industrial workers that increases working efficiency, reducing chances of musculoskeletal injuries. The company’s Robotics Lab, which is operated jointly with affiliate Kia Corp., unveiled the device, named X-ble Shoulder, at a tech day event held at Hyundai [...]
SEOUL, Nov. 28 (Korea Bizwire) – In a significant shift in tobacco policy, South Korea’s Ministry of Finance has indicated support for regulating synthetic nicotine products under the country’s Tobacco Business Act, following new research that challenges claims about their safety. A comprehensive study commissioned by the Ministry of Health and Welfare has found that synthetic [...]
HANOI, Nov. 28 (Korea Bizwire) – At the E-commerce Connection and Development Forum (ECCDF2024) held at the Hanoi Museum on November 26, Korean companies showcased their strategies to capture the Vietnamese market through products that offer both value for money and emotional satisfaction. Lim Young-ho, director of Skineralism, a cosmetics and food manufacturing company, revealed plans [...]
SEOUL, Nov. 28 (Korea Bizwire) – British sports car manufacturer Lotus announced through its South Korean subsidiary, Lotus Cars Korea, on November 27 that it is launching its electric SUV, the Eletre, in the domestic market. According to Lotus Korea, the Eletre offers exceptional value compared to competitors in its class, with a price tag approximately [...]
SEOUL, Nov. 28 (Korea Bizwire) – The mental health of elementary school staff in South Korea is under scrutiny as nearly 10,000 employees reported suffering from depression in 2023, according to data released by the National Health Insurance Service. This alarming trend follows a high-profile incident involving the suicide of a new teacher at an elementary [...]
SEOUL, Nov. 28 (Korea Bizwire) – Samsung Electronics announced the release of its Galaxy A16 LTE smartphone in South Korea on November 29, targeting budget-conscious consumers with robust features at an affordable price. The Galaxy A16 LTE boasts a 6.7-inch Super AMOLED display with a 90Hz refresh rate, a 50MP rear camera, a 13MP front camera, [...]
SEOUL, Nov. 27 (Korea Bizwire) – Swedish automaker Volvo’s flagship “90 Cluster” series—comprising the XC90, S90, and V90 Cross Country—continues to enjoy steady popularity in South Korea, driven by its reputation for advanced safety features and innovative technology. According to Volvo Cars Korea, the 90 Cluster accounted for 26% of the 12,284 Volvo vehicles sold in [...]