SEOUL, Jul. 18 (Korea Bizwire) – HD Hyundai, a leading South Korean industrial conglomerate, announced on July 17 the inauguration of its Naval Technology Institute within the company’s Global R&D Center in Seongnam, Gyeonggi Province. The new institute represents an expansion of the Naval Technology Center, previously part of HD Hyundai Heavy Industries’ Special Ship Division. [...]
SEOUL, Jul. 18 (Korea Bizwire) – In a significant shift in South Korea’s electric bus market, domestically produced vehicles have captured nearly 60% of new registrations in the first half of 2024, marking a pause in the rapid expansion of Chinese electric buses in the country. According to data released on July 17 by the Ministry [...]
SEOUL, Jul. 18 (Korea Bizwire) – Samsung Electronics and Tesla have officially rolled out their jointly developed energy management service, marking a significant step in smart home technology integration. As of late last month, Tesla users in the United States can now utilize Samsung’s SmartThings Energy platform to monitor their Tesla solar panel power production, remaining [...]
SEOUL, Jul. 18 (Korea Bizwire) – Samsung Electro-Mechanics announced on July 17 that it has developed a 2,000V multilayer ceramic capacitor (MLCC) for electric vehicle battery management systems (BMS). MLCCs are essential components in electronic circuits, ensuring stable and consistent current flow. They are widely used in various products, from smartphones to personal computers. In automobiles, [...]
SEOUL, July 17 (Korea Bizwire) – The number of foreign visitors to the National Museum of Korea hit a record high of 94,951 in the first half of this year, museum officials said Wednesday. The figure represents a 34.5 percent increase from 70,585 a year ago and a 55.6 percent rise from pre-pandemic levels in [...]
SEOUL, July 17 (Korea Bizwire) – The merger of SK Innovation Co. with its affiliate SK E&S Co. is expected to create an energy giant with 106 trillion won (US$75.6 billion) in assets, marking the first step in SK Group’s restructuring as the group seeks to cut the number of its affiliates to focus on [...]
SEOUL, Jul. 17 (Korea Bizwire) – In a bustling airport lounge, a masked celebrity enters, flanked by bodyguards. Suddenly, one guard turns and shines a bright flashlight at nearby passengers, ostensibly to prevent them from taking photos. This scene, captured on video and widely shared online, has ignited a fierce debate in South Korea about the [...]
SEOUL, Jul. 17 (Korea Bizwire) – The number of South Korean teenagers prescribed methylphenidate, a medication used to treat Attention Deficit Hyperactivity Disorder (ADHD), increased by approximately 26% in the past year, according to data released by the Ministry of Food and Drug Safety on July 16. Commonly mischaracterized as a “study-enhancing drug,” methylphenidate was prescribed [...]
SEOUL, Jul. 17 (Korea Bizwire) – A recent survey has revealed that a majority of South Korean teachers believe their basic political rights should be guaranteed. These educators argue that the lack of such rights is a primary reason for the failure to properly protect teachers’ authority and normalize public education. The survey, conducted from July [...]
SEOUL, Jul. 17 (Korea Bizwire) – For the first time in 18 years, private sector jobs have surpassed government positions as the most sought-after career path among South Korean youth, according to a new government report. The shift comes as young job seekers face increasingly lengthy periods of unemployment, with the average time to secure a [...]