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At Samsung Electronics, a Graying Workforce Signals Shift in Corporate Demographics

At Samsung Electronics, a Graying Workforce Signals Shift in Corporate Demographics

SEOUL, Sept. 27 (Korea Bizwire) – For the first time in its history, Samsung Electronics, the South Korean tech giant, has more employees aged 40 and above than those in their 20s, according to a recent analysis. This demographic shift underscores a rapidly aging workforce at one of the world’s leading technology companies. The Korea CXO [...]

Delivery Service Provider Leads in Workplace Injury Claims for Third Consecutive Year

Delivery Service Provider Leads in Workplace Injury Claims for Third Consecutive Year

SEOUL, Sept. 27 (Korea Bizwire) – Woowa Brothers, the operator of South Korea’s popular food delivery app Baemin, is on track to top the list of workplace injury claims for the third year running, according to data released by the Korea Workers’ Compensation and Welfare Service. From January to August of this year, Woowa Brothers reported [...]

South Korea Fines Crypto Project Worldcoin 1.1 Billion Won for Privacy Violations

South Korea Fines Crypto Project Worldcoin 1.1 Billion Won for Privacy Violations

SEOUL, Sept. 27 (Korea Bizwire) – South Korea’s Personal Information Protection Commission (PIPC) has imposed a fine of 1.1 billion won on Worldcoin, a cryptocurrency project that collected iris scans from about 30,000 South Korean users without proper legal grounds and transferred the data overseas in violation of privacy laws.  The PIPC announced on September 26 [...]

South Korean Scientists Develop Tear-Based COVID-19 Test, a World First

South Korean Scientists Develop Tear-Based COVID-19 Test, a World First

SEOUL, Sept. 27 (Korea Bizwire) – In a breakthrough that could revolutionize infectious disease testing, South Korean researchers have developed the world’s first platform capable of detecting COVID-19 infection through tears, with a reported sensitivity of approximately 99%.  The innovative technology, announced on September 26 by Kangbuk Samsung Hospital, was developed by a team led by [...]

South Korea Allocates 100 Billion Won to End Dog Meat Industry by 2027

South Korea Allocates 100 Billion Won to End Dog Meat Industry by 2027

SEOUL, Sept. 26 (Korea Bizwire) – The South Korean government has announced a comprehensive plan to phase out the country’s dog meat industry by 2027, allocating more than 100 billion won in next year’s budget to support the closure of nearly 6,000 dog meat businesses nationwide. The Ministry of Agriculture, Food and Rural Affairs unveiled its [...]

In South Korea, a 20-Year Effort Brings Bears Back From the Brink

In South Korea, a 20-Year Effort Brings Bears Back From the Brink

SEOUL, Sept. 26 (Korea Bizwire) – Two decades after its inception, South Korea’s ambitious project to restore the Asiatic black bear population has exceeded expectations, transforming from a conservation effort into a lesson in coexistence between humans and wildlife. The Ministry of Environment and the Korea National Park Service announced they will host a policy forum [...]

North Korea’s Smartphone Boom: Millions Embrace Technology Despite Restrictions

North Korea’s Smartphone Boom: Millions Embrace Technology Despite Restrictions

SEOUL, Sept. 26 (Korea Bizwire) – North Korea has experienced a rapid surge in smartphone adoption since easing pandemic-related lockdowns two years ago, with a recent analysis suggesting that the number of smartphone users in the country may have reached up to 7 million. Martin Williams, a researcher at the U.S. think tank Crimson Center, published [...]

Electric Vehicle Market Sees Size Divide Between Domestic and Export Sales in South Korea

Electric Vehicle Market Sees Size Divide Between Domestic and Export Sales in South Korea

SEOUL, Sept. 26 (Korea Bizwire) – As the global electric vehicle (EV) market navigates through a period of slowing demand, a clear divergence in consumer preferences is emerging between South Korea’s domestic market and its export destinations.  According to data from the Korea Automobile & Mobility Association (KAMA), small electric vehicles are gaining traction domestically, while [...]

South Korea Develops AI to Boost Egg Farm Efficiency

South Korea Develops AI to Boost Egg Farm Efficiency

JEONJU, Sept. 26 (Korea Bizwire) – In a significant leap for smart farming technology, South Korean researchers have developed an artificial intelligence system capable of identifying non-laying hens in commercial egg operations, the Rural Development Administration (RDA) announced on September 25.  The innovative technology, a result of collaboration between the National Institute of Animal Science, Jeonbuk [...]