GWANGJU, Sept. 24 (Korea Bizwire) – Researchers from the Gwangju Institute of Science and Technology (GIST) and Seoul National University have unveiled a groundbreaking camera design inspired by the feline eye, potentially revolutionizing low-light imaging technology. The team, led by Song Young-min from GIST’s School of Electrical Engineering and Computer Science and Kim Dae-hyeong from Seoul [...]
IKSAN, Sept. 24 (Korea Bizwire) – The city of Iksan in North Jeolla Province announced on September 23 that it will host the 2024 Horror Hologram Festival on September 26, transforming a former prison set into a cutting-edge spectacle of fear and technology. Now in its third year, the festival uniquely blends the concept of horror [...]
SEOUL, Sept. 24 (Korea Bizwire) – In a bid to promote low-carbon travel and stimulate regional economies, tech giant Kakao announced on September 23 the launch of its “Around Korea Challenge” (unofficial translation) campaign. The initiative coincides with the completion of the Korea Trail, an ambitious project connecting the entire perimeter of the Korean Peninsula. The [...]
SEOUL, Sept. 23 (Korea Bizwire) – The 13th Seoul Record Fair, which opened on September 21 at the Oil Tank Culture Park in Mapo-gu, Seoul, has grown into a full-fledged festival, boasting its largest scale to date in terms of space utilization since its inception in 2011. This year’s event, adopting the slogan “The Biggest Record [...]
SEJONG, Sept. 23 (Korea Bizwire) – A stark revelation about the economic struggles of South Korea’s self-employed population has emerged from recent tax data, showing that nearly 75% of individual business owners reported monthly incomes below 1 million won in 2022. The figures, released by the National Tax Service and analyzed by Representative Park Sung-hoon of [...]
SEOUL, Sept. 23 (Korea Bizwire) – A single report from global investment bank Morgan Stanley has sent shockwaves through the South Korean stock market, underscoring the outsized influence of foreign financial institutions on the country’s equities. On September 20, shares of SK Hynix, the world’s second-largest memory chip maker, closed at 157,100 won after plummeting as [...]
SEOUL, Sept. 23 (Korea Bizwire) – A recent incident involving South Korean soldiers sharing classified military passwords with civilian moneylenders has raised serious concerns about security breaches within the nation’s armed forces. According to military authorities on September 22, these classified passwords, known as “challenge and response” codes, are designated as Level 3 secrets under the [...]
SEOUL, Sept. 23 (Korea Bizwire) – In a significant step towards international standardization of urban infrastructure, South Korean-style street signs are set to appear in Ulaanbaatar, the capital of Mongolia, marking the first overseas implementation of South Korea’s addressing system. The South Korean Ministry of the Interior and Safety announced on September 22 that Minister Lee [...]
SEOUL, Sept. 23 (Korea Bizwire) – Samsung Electronics has announced a strategic partnership with IKEA to integrate the Swedish furniture giant’s smart home devices into Samsung’s SmartThings ecosystem, marking a significant step towards a more unified smart home experience. According to Samsung’s newsroom on September 22, this collaboration will enable users to control IKEA’s smart devices, [...]
SEOUL, Sept. 23 (Korea Bizwire) – A recent survey has revealed that more than 80% of South Korean workers believe subcontracted laborers do not receive fair treatment, highlighting deep-seated concerns about labor practices in Asia’s fourth-largest economy. The civic group Gabjil 119, which combats workplace abuse, commissioned the poll conducted by Global Research. The survey, which [...]