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Archive by category Features

Samsung Electro-Mechanics Hosts Forum on Cyberbullying Prevention, Highlights Success of ‘Blue Elephant’ Initiative

SEOUL, Nov. 8 (Korea Bizwire) – Samsung Electro-Mechanics held its fourth annual “Blue Elephant Forum” on November 6 at the Samsung Financial Campus in Seocho District, Seoul, to discuss cyberbullying prevention strategies and share the results of its flagship social responsibility program. Launched in 2020, the “Blue Elephant” initiative aims to cultivate prosocial capabilities among youth, [...]

Former SK Hynix Employee Gets 18-Month Prison Sentence for Stealing Semiconductor Tech

SEOUL, Nov. 8 (Korea Bizwire) – A Chinese national and former SK Hynix employee has been sentenced to 18 months in prison and fined 20 million won for misappropriating critical semiconductor technology before taking a position at Huawei. The Yeoju branch of the Suwon District Court found the 36-year-old female defendant guilty of violating South Korea’s [...]

South Korean Construction Industry Forms Coalition to Rebuild Public Trust

SEOUL, Nov. 8 (Korea Bizwire) – Leading construction organizations in South Korea have launched a new initiative to improve the industry’s public image, which has been tarnished by repeated incidents of substandard work, safety violations, and corruption. The Korea Federation of Construction Associations announced on November 7 that it held its kickoff meeting for the “Construction [...]

Trump Victory Signals Uncertainty for Global Automakers, Korean Firms Brace for Impact

SEOUL, Nov. 7 (Korea Bizwire) – The global automotive industry faces significant changes and uncertainties following Donald Trump’s election as the 47th president of the United States on November 6. Hyundai Motor Group, which has relied heavily on U.S. exports for its performance, is particularly on alert as Trump has promised to prioritize domestic industries, strengthen [...]

‘America First’ Trumponomics Feared to Dent S. Korean Exports, Heighten Market Uncertainties

SEOUL, Nov. 7 (Korea Bizwire) — Donald Trump’s return to the White House is expected to have a significant impact on the export-driven South Korean economy and increase market volatility as he has warned of protectionist policies, decoupling from China and other drastic policy shifts across the board, experts said Thursday. “If the policy stance [...]

Compact Car Sales in South Korea Set to Fall Below 100,000, Breaking Economic Downturn Pattern

SEOUL, Nov. 7 (Korea Bizwire) – In a departure from the traditional pattern where economic downturns boost compact car sales, South Korea’s compact vehicle market is experiencing a significant decline, with annual sales expected to fall below 100,000 units for the first time since 2021. According to data from Kais You Data Research Institute, compact car [...]

Port of Busan to Develop Remote-Control Technology for Harbor Cranes

BUSAN, Nov. 7 (Korea Bizwire) – The Busan Port Authority (BPA) announced on November 6 that it is launching a project to develop technology that will enable remote, unmanned operation of currently manned harbor cranes. Container port cranes, which are essential equipment for cargo handling operations, are divided into quay cranes that load and unload containers [...]

Criticism Mounts over Vietnamese Woman Doing Yoga in Leggings at Seoul Palace

SEOUL, Nov. 7 (Korea Bizwire) — South Korean netizens and intellectuals are reacting negatively to photos of a Vietnamese female tourist practicing yoga in tight leggings at a historic royal palace in the center of Seoul. The incident arose earlier this week when the woman shared photos on social media showing herself in a handstand [...]

Food Chains Embrace Local Specialties in New Menu Items, Boosting Regional Economies

GWANGJU, Nov. 7 (Korea Bizwire) – Major restaurant chains are increasingly incorporating regional agricultural and seafood products into their new menu items, creating a win-win situation that benefits both local farmers and corporate image. South Jeolla Province announced on November 6 that Banolim Pizza will launch its Yeongam Fig Gorgonzola Pizza featuring Yeongam figs and Goheung [...]

Dentists Caught Smuggling Unauthorized Dental Equipment Through AliExpress

SEJONG, Nov. 7 (Korea Bizwire) – The Seoul Main Customs Office announced on November 6 that it had caught 13 dentists who smuggled 11,349 pieces of unauthorized dental equipment (worth approximately 140 million won) into South Korea and used them on patients. The dentists are accused of making 1,184 separate purchases of dental equipment through AliExpress [...]