SEOUL, Jul. 12 (Korea Bizwire) – LG Electronics announced on July 11 that its subscription-based business model for premium home appliances is experiencing rapid growth, with more than 3 out of 10 customers opting for subscriptions over traditional purchases in June. The tech giant reported that 36.2% of sales for 20 subscription-eligible products at LG Best [...]
SEOUL, Jul. 12 (Korea Bizwire) – The Ministry of Education announced on July 11 that it will provide 56.1 billion won to support the restructuring of 86 departments at 60 vocational high schools as part of its “2024 Vocational High School Restructuring Support Project.” The initiative, which has been ongoing since 2016, aims to boost the [...]
SEOUL, Jul. 11 (Korea Bizwire) – Samsung Electronics introduced its latest lineup of wearable devices on July 10, showcasing a strong focus on healthcare functionality and artificial intelligence integration. The tech giant unveiled its first smart ring, the Galaxy Ring, alongside new smartwatch models at the “Galaxy Unpacked 2024″ event held in the underground exhibition [...]
SEOUL, Jul. 11 (Korea Bizwire) –The government said Thursday it plans to launch a pilot program to enable tertiary general hospitals to focus more on critical and emergency patients as part of an overhaul of the country’s medical system. The government held a special committee meeting on medical reform at the government complex in Seoul [...]
SEOUL, Jul. 11 (Korea Bizwire) – Hyundai Motor Co. said Thursday it will launch the GV60 Magma SUV in South Korea next year as it beefs up high-performance models. The GV60 Magma will be the first model under the Genesis Magma program, which was officially launched at the Genesis showroom in New York in March, [...]
SEOUL, Jul. 11 (Korea Bizwire) – Samsung Electronics has introduced a significant redesign of its wireless earbuds lineup for the first time in five years. The company unveiled the Galaxy Buds 3 Pro and Galaxy Buds 3 at the Samsung Galaxy Unpacked 2024 event on July 10, marking a departure from the kidney bean shape [...]
SEOUL, Jul. 11 (Korea Bizwire) – In a move that could reshape the electric vehicle charging landscape in North America, Toyota, the world’s largest automaker, announced on July 10 its decision to invest in Ionna, a joint venture formed by seven major global car manufacturers to build an extensive EV charging network. Ionna, established last [...]
SEOUL, Jul. 11 (Korea Bizwire) – The Korean film industry faced a challenging month in June as the animated blockbuster “Inside Out 2″ from Disney and Pixar continued its impressive run at the box office, according to data released by the Korean Film Council on July 10. Total cinema attendance for June reached 11.33 million, marking [...]
SEOUL, Jul. 11 (Korea Bizwire) – LG Electronics is contemplating supporting an employee’s pledge to donate 1,000 won for each new YouTube subscriber, a commitment that could lead to a contribution of approximately 10 million won this month. According to industry sources on July 10, Choi Jung-hyun, a senior employee at LG Electronics who runs the [...]
SEOUL, Jul. 11 (Korea Bizwire) – A recent survey has revealed that approximately 3,000 elderly individuals in Seoul make a living by collecting waste paper, shedding light on the economic challenges faced by the city’s aging population. The Seoul Metropolitan Government released the findings on July 10, based on a comprehensive study conducted from February to [...]