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AI-Powered Air Conditioner Patents Surge Amid Growing Demand

AI-Powered Air Conditioner Patents Surge Amid Growing Demand

SEOUL, Aug. 11 (Korea Bizwire) — In recent years, the number of patents related to artificial intelligence (AI) in air conditioning technology has surged, reflecting the increasing integration of AI into consumer appliances. According to the Korea Intellectual Property Office (KIPO), patent filings for AI-enabled air conditioners have risen by an average of 8.6% annually from [...]

Surge in Shipbuilding Stocks and ETFs Following U.S.-South Korea Trade Deal

Surge in Shipbuilding Stocks and ETFs Following U.S.-South Korea Trade Deal

SEOUL, Aug. 10 (Korea Bizwire) — Following the recent U.S.-South Korea trade agreement, South Korea’s shipbuilding stocks have seen a significant rise, propelling related exchange-traded funds (ETFs) to top performance rankings. The surge in stock prices has drawn substantial interest from individual investors, sparking speculation on whether the upward trend will continue. As of August 8, [...]

Hyundai Motor Group Surpasses Volkswagen in Profitability Amid Global Challenges

Hyundai Motor Group Surpasses Volkswagen in Profitability Amid Global Challenges

SEOUL, Aug. 10 (Korea Bizwire) — Hyundai Motor Group has emerged as the world’s second-most profitable automaker in the first half of 2025, surpassing Germany’s Volkswagen Group, despite facing challenges like U.S. tariffs and global supply chain disruptions. According to the Korea Automotive Research Institute’s analysis, Hyundai sold 3.65 million vehicles globally in the first half [...]

U.S. Seeks South Korea’s Explicit Support for Strategic Flexibility in U.S. Forces Deployment

U.S. Seeks South Korea’s Explicit Support for Strategic Flexibility in U.S. Forces Deployment

SEOUL, Aug. 10 (Korea Bizwire) — The Trump administration has reportedly pressed South Korea for explicit consent regarding the strategic flexibility of U.S. Forces Korea (USFK), a key issue that may emerge as a significant agenda item in upcoming U.S.-South Korea summits or security discussions. Strategic flexibility allows the U.S. military to expand its operational reach [...]

World Cat Day Celebrated Globally with Focus on Cat Welfare and Adoption

World Cat Day Celebrated Globally with Focus on Cat Welfare and Adoption

SEOUL, Aug. 8 (Korea Bizwire) — August 8 marks World Cat Day, a global observance established by the International Fund for Animal Welfare (IFAW) in 2002 to improve awareness about cats and acknowledge their value alongside humans. The day promotes the importance of protecting and caring for cats, with an emphasis on adoption, particularly of [...]

Survey Reveals Challenges for Disabled People Using Self-Service Kiosks in South Korea

Survey Reveals Challenges for Disabled People Using Self-Service Kiosks in South Korea

SEOUL, Aug. 8 (Korea Bizwire) — A recent survey has highlighted significant challenges disabled individuals face when using self-service kiosks in South Korea, with many preferring to order through human assistance rather than automated systems. The findings, released by the Ministry of Health and Welfare on August 8, were part of a study assessing the [...]

South Korea Intensifies Efforts to Protect Foreign Workers’ Rights Amid Growing Violations

South Korea Intensifies Efforts to Protect Foreign Workers’ Rights Amid Growing Violations

SEOUL, Aug. 8 (Korea Bizwire) — In response to a series of human rights violations involving foreign workers, South Korea’s Ministry of Employment and Labor has announced intensified labor monitoring and a focused reporting campaign. From August 11 to 29, the ministry will operate a special period for reporting labor rights abuses affecting foreign workers, particularly [...]

Twin Eurasian Otters Born at Seoul Children’s Grand Park, Marking Conservation Milestone

Twin Eurasian Otters Born at Seoul Children’s Grand Park, Marking Conservation Milestone

SEOUL, Aug. 8 (Korea Bizwire) — Seoul Facilities Corporation announced on August 8 that twin Eurasian otters were born at the Children’s Grand Park Zoo in Gwangjin-gu on June 24. The birth is a significant event for conservation efforts, as the Eurasian otter was designated a natural monument in South Korea in 1982 and is classified [...]

“Gwangbokjeol Bread” Celebrates 80th Anniversary of Korea’s Liberation with Re-release and Patriotic Marketing

“Gwangbokjeol Bread” Celebrates 80th Anniversary of Korea’s Liberation with Re-release and Patriotic Marketing

SEOUL, Aug. 8 (Korea Bizwire) — The “Gwangbokjeol Bread,” a collaboration between Korea Minting, Security Printing & Coinage Corporation (KOMSCO) and Seongshimdang Bakery, has been re-released after achieving impressive sales of 100 million KRW (approx. $75,000) within just two weeks of its initial launch. The two companies teamed up to mark the 80th anniversary of Korea’s [...]