SEOUL, Oct. 24 (Korea Bizwire) — South Korean high school graduates who fail to secure employment within three months of finishing school face dramatically lower chances of landing stable, well-paying jobs, according to new research released Thursday. The study, conducted by the Korea Educational Development Institute (KEDI), analyzed 792 high school graduates who did not pursue [...]
SEOUL, Oct. 24 (Korea Bizwire) — Nearly 4 in 10 South Korean parents say they feel stressed about managing their children’s use of smartphones and tablets, according to a new survey that underscores growing anxiety over “digital parenting” in the country’s hyper-connected households. The study, released Wednesday by the Korea Press Foundation, surveyed 921 parents of [...]
SEOUL, Oct. 24 (Korea Bizwire) — Pusan National University (PNU) said Thursday it will become the first university in South Korea to introduce artificial intelligence–powered smart glasses designed for real-time translation and communication across multiple languages. The AI Translation Glasses are being rolled out as part of the university’s “AX Transformation Project,” which explores how advanced [...]
SEOUL, Oct. 23 (Korea Bizwire) — LG Electronics Inc. said Thursday it ranked first in four categories in the 2025 U.S. Appliance Satisfaction Study released by market research firm J.D. Power, marking the highest number of wins among all brands evaluated. The South Korean tech giant took the top spot in the French-door refrigerator, side-by-side refrigerator, [...]
SEOUL, Oct. 23 (Korea Bizwire) — Krafton Inc., the South Korean game developer behind PlayerUnknown’s Battlegrounds (PUBG), announced Thursday that it will invest 100 billion won (about US$72 million) to build a high-performance GPU cluster as part of its transformation into an “AI-first” company. The company unveiled its new long-term vision during an internal town hall [...]
SEOUL, Oct. 23 (Korea Bizwire) — Starting Thursday, South Korea began enforcing a revised labor law that allows employees to seek punitive damages of up to three times the amount of unpaid wages from employers who intentionally withhold pay, as part of a broader effort to crack down on chronic wage arrears. The Ministry of Employment [...]
LOS ANGELES & SEOUL, Oct. 23 (Korea Bizwire) — Tesla CEO Elon Musk said the company will partner with both Samsung Electronics and Taiwan’s TSMC to produce its next-generation artificial intelligence chip, signaling a deepening collaboration between the U.S. automaker and the South Korean tech giant. Speaking during Tesla’s third-quarter earnings call on Wednesday, Musk confirmed [...]
SEOUL, Oct. 23 (Korea Bizwire) — OpenAI unveiled an ambitious blueprint for its expansion into South Korea on Wednesday, calling for a dual-track strategy that combines the development of “sovereign AI” infrastructure with deeper international collaboration. The plan marks the company’s clearest signal yet that it views South Korea as a pivotal partner in the global [...]
SEOUL, Oct. 23 (Korea Bizwire) — At exactly 10:29 a.m. on Thursday, six days before the third anniversary of the Itaewon crowd crush, three shrouded photographs were revealed outside Exit 1 of Itaewon Station — the site of the 2022 tragedy that left 159 people dead. Against a deep violet backdrop embroidered with constellations, the images [...]
SEOUL, Oct. 23 (Korea Bizwire) — The Halloween night in Itaewon began like any other — laughter spilling out of bars, music vibrating through narrow alleys — until it became a tragedy that left 159 people dead and a nation in disbelief. Now, nearly three years later, a government audit has concluded that one of the [...]