SEOUL, Jul. 3 (Korea Bizwire) – In an unprecedented move, Samsung Electronics’ largest labor union has declared its intention to stage a full-scale strike, raising concerns about potential disruptions at the tech giant’s operations. The National Samsung Electronics Labor Union, representing approximately 28,000 workers or 22% of the company’s workforce, announced on July 1 that wage [...]
SEOUL, Jul. 3 (Korea Bizwire) — Italian luxury vehicle manufacturer Maserati has launched a sales unit in South Korea, the company said Wednesday, while announcing a plan to release new models in the country each month until the end of the year. Maserati Korea held a ceremony in Seoul to celebrate its launch, expressing its [...]
GWANGJU, Jul. 3 (Korea Bizwire) – In a groundbreaking move, the Gwangju Goryeoin Village in South Korea has launched the country’s first Russian-language emergency alert system, addressing a long-standing communication gap for its ethnic Korean residents from post-Soviet states. On June 22, residents of the Goryeoin Village in Gwangsan District, Gwangju, received their first heavy rain [...]
SEOUL, Jul. 3 (Korea Bizwire) – In a groundbreaking move, Seoul’s Jongno district has designated the iconic Bukchon Hanok Village as South Korea’s first “Special Management Area,” introducing strict regulations to balance tourism with residents’ quality of life. The new measures, set to take effect as early as March next year, will limit tourist access and [...]
SEOUL, Jul. 3 (Korea Bizwire) – SK On, the battery manufacturing arm of South Korea’s SK Group, has unveiled a comprehensive restructuring plan aimed at steering the company towards profitability and solidifying its position in the global electric vehicle (EV) battery market. The move comes as SK Group reaffirms its commitment to the battery business as [...]
SEOUL, Jul. 2 (Korea Bizwire) –South Korea’s Soccer Coaches Association has issued a scathing rebuke of Chung Mong-gyu, the president of the Korea Football Association (KFA), accusing him of mismanagement and using soccer figures as scapegoats. In a statement released on July 1, the coaches’ group criticized Chung’s handling of the recent resignation of Chung [...]
SEOUL, Jul. 2 (Korea Bizwire) –A recent spate of lithium battery-related incidents in South Korea has thrust the safety and environmental concerns surrounding these ubiquitous power sources into the spotlight. From public transportation mishaps to industrial accidents and mounting disposal challenges, the risks associated with lithium batteries are becoming increasingly apparent. On July 1, a [...]
SEOUL, Jul. 2 (Korea Bizwire) – In a bid to differentiate themselves from online shopping platforms, South Korean department stores are undergoing significant transformations, focusing on experiential retail, premium offerings, and attracting younger consumers. At the Lotte Department Store in Jamsil, Seoul, the 10th floor audio section now boasts three listening rooms. Global audio brands Geneva [...]
SEOUL, Jul. 2 (Korea Bizwire) – In a recent incident that has ignited debate on social media, Renault Korea finds itself embroiled in controversy over a hand gesture made by an employee in a promotional video for their new vehicle. The automotive company has launched an investigation and suspended the employee in question following the uproar. [...]
SEOUL, Jul. 2 (Korea Bizwire) – In a move that contrasts with its main competitor, Coupang Eats announced on July 1 that it will continue its policy of waiving packaging fees for all partnered restaurants, reinforcing its commitment to supporting small and medium-sized businesses in the food service industry. This decision comes as Baedal Minjok (Baemin), [...]