SEOUL, Oct. 17 (Korea Bizwire) – The Alliance of National University Hospital Labor Unions in South Korea raised alarm on October 16 over the rapidly deteriorating financial health of the country’s public university hospitals. The coalition reported that in the first half of this year alone, 16 national university hospitals have already accumulated a total debt [...]
SEOUL, Oct. 16 (Korea Bizwire) – As Samsung Electronics grapples with an earnings shock in its third-quarter results, the company’s Mobile eXperience (MX) and Networks (NW) divisions have managed to remain profitable, earning praise for their resilience. However, the tech giant now faces a critical decision that could significantly impact its future smartphone offerings and bottom [...]
SEOUL, Oct. 16 (Korea Bizwire) – As concerns grow over Samsung Electronics’ future, South Korea’s semiconductor industry finds itself at a critical juncture. With China and Taiwan rapidly catching up in technology, there’s mounting anxiety that South Korea could lose its edge in advanced semiconductor markets crucial for artificial intelligence and aerospace applications. At a special [...]
SEOUL, Oct. 16 (Korea Bizwire) – The Seoul Metropolitan Government announced on October 15 that it will conduct a comprehensive audit of 1,000 medical clinics that handle propofol, a powerful sedative, on average more than once a day. The audits will run from November 17 through January of next year. City officials cited the increasing misuse [...]
SEOUL, Oct. 16 (Korea Bizwire) – When news broke that Han Kang, the 54-year-old novelist who recently won the Nobel Prize in Literature, had received the announcement while having dinner with her son, it reignited interest in a personal anecdote about her decision to have children. The story, which has been circulating on various online communities, [...]
SEOUL, Oct. 16 (Korea Bizwire) – In a significant breakthrough for urban living, Hyundai Engineering announced on October 15 that it has developed South Korea’s first “ceiling-type soundproofing structure,” a novel approach to tackling the persistent issue of inter-floor noise in apartment buildings. Unlike traditional floor-based soundproofing methods, this innovative system is installed in the ceiling, [...]
SEOUL, Oct. 16 (Korea Bizwire) – Emart, one of South Korea’s largest retailers, is taking a proactive stance against climate change through various afforestation activities, with its latest initiative reaching as far as the steppes of Mongolia. On October 15, Emart announced that it had begun planting trees in Mongolia’s Terelj National Park on October 10, [...]
SEOUL, Oct. 16 (Korea Bizwire) – Transportation-related information, particularly subway data, has emerged as the most sought-after public dataset among Seoul residents, according to a report released October 15 by the Seoul Digital Foundation. The report, titled “Seoul Public Data in My Hand,” provides insights into how citizens are engaging with the city’s open data initiative. [...]
SEOUL, Oct. 15 (Korea Bizwire) – Revenue from shared accommodation in South Korea has increased more than tenfold over the past three years, with nearly half of the total income generated by individuals in their 20s and 30s, according to a recent analysis of National Tax Service data. Representative Cha Gyu-geun of the Rebuilding Korea Party [...]
SEOUL, Oct. 15 (Korea Bizwire) – The National Police Agency of South Korea announced on October 15 that it will host the inaugural International Fingerprint Examination Competition on November 28, marking a global first for the forensic science community. While previous competitions have focused on evaluating fingerprint recognition software, this event will be the first to [...]