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UN Environment Chief Meets Jeju Haenyeo, Highlights Urgency of Marine Plastic Crisis

UN Environment Chief Meets Jeju Haenyeo, Highlights Urgency of Marine Plastic Crisis

JEJU, June 5 (Korea Bizwire) — As plastic pollution in oceans worsens, South Korea’s traditional sea women — or haenyeo — are finding their diving grounds increasingly choked with debris. On June 4, Inger Andersen, Executive Director of the United Nations Environment Programme (UNEP), met with a veteran haenyeo on Jeju Island to witness firsthand the frontlines of marine [...]

Hyundai Department Store Launches Eco Campaign to Protect Korea’s Mudflats

Hyundai Department Store Launches Eco Campaign to Protect Korea’s Mudflats

  SEOUL, June 5 (Korea Bizwire) — In celebration of World Environment Day on June 5, Hyundai Department Store has launched a nationwide environmental campaign, “Mission Possible! Mudflat Guardians,” aimed at raising awareness of Korea’s fragile coastal ecosystems. Running through July 20, the campaign spans both online and offline channels and includes a specially designed [...]

Hidden Costs of Tuberculosis Leave Nearly Half of Korean Patients in Financial Distress, Study Finds

Hidden Costs of Tuberculosis Leave Nearly Half of Korean Patients in Financial Distress, Study Finds

SEOUL, June 5 (Korea Bizwire) — Despite generous government subsidies covering most medical expenses for tuberculosis (TB) patients in South Korea, nearly half still experience “catastrophic costs” due to hidden expenses like nutrition, transportation, and lost income, according to a landmark 2025 study. The report, commissioned by the Korea Disease Control and Prevention Agency (KDCA) [...]

South Korea’s Server Market Surged 72.7% in 2024, Driven by Soaring Demand for AI-Optimized GPU Systems

South Korea’s Server Market Surged 72.7% in 2024, Driven by Soaring Demand for AI-Optimized GPU Systems

SEOUL, June 5 (Korea Bizwire) — South Korea’s server market expanded by a staggering 72.7% in 2024 from the previous year, fueled by a sharp rise in demand for GPU-powered systems amid the rapid adoption of generative artificial intelligence, according to a report released Wednesday by IT research and consulting firm IDC Korea. The market [...]

Breakthrough in Flexible Electronics: Korea Develops Shape-Adaptive Liquid Metal Ink

Breakthrough in Flexible Electronics: Korea Develops Shape-Adaptive Liquid Metal Ink

SEOUL, June 5 (Korea Bizwire) — A joint team of researchers from KAIST and Seoul National University has developed a groundbreaking liquid metal ink capable of shifting between rigid and flexible states depending on temperature, paving the way for next-generation wearable devices and medical implants. The team, led by Professor Jung Jae-woong of KAIST’s Department [...]

All Pet Shops and Animal Exhibitors in Korea Now Required to Install CCTV

All Pet Shops and Animal Exhibitors in Korea Now Required to Install CCTV

SEOUL, June 5 (Korea Bizwire) — In a major move to strengthen animal welfare protections, South Korea has expanded its mandate requiring closed-circuit television (CCTV) installation to all pet-related businesses, including pet shops and animal exhibition facilities. The Ministry of Agriculture, Food and Rural Affairs announced Wednesday that a revised enforcement ordinance of the Animal [...]

FTC to Publicly List Online Retailers with High Complaint Rates

FTC to Publicly List Online Retailers with High Complaint Rates

SEOUL, June 5 (Korea Bizwire) — South Korea’s Fair Trade Commission (FTC) announced Wednesday that it will formalize and publicly disclose criteria for identifying online shopping platforms that receive frequent consumer complaints, in a bid to improve transparency and strengthen consumer protection. Under the proposed regulation — titled Rules on Disclosure of Online Retailers with [...]

SK hynix Surpasses Samsung in DRAM Market Share for First Time in Over Three Decades

SK hynix Surpasses Samsung in DRAM Market Share for First Time in Over Three Decades

HBM boom propels SK hynix to global leadership in shifting memory landscape SEOUL, June 5 (Korea Bizwire) — In a historic reshuffling of the global memory chip hierarchy, SK hynix has edged past long-dominant rival Samsung Electronics in dynamic random access memory (DRAM) market share — the first such shift since Samsung took the top [...]

LG Electronics Marks World Environment Day with Global Awareness Campaign and Green Initiatives

LG Electronics Marks World Environment Day with Global Awareness Campaign and Green Initiatives

SEOUL, June 4 (Korea Bizwire) — In recognition of World Environment Day, LG Electronics is launching a series of global and local initiatives to spotlight the urgent need to combat plastic pollution and promote sustainable living, the company announced Wednesday. As part of its long-running “LG Hope Screen” program, LG is screening a campaign video [...]

Trump Doubles Tariffs on Steel and Aluminum Imports, Shaking South Korea’s Export-Heavy Industry

Trump Doubles Tariffs on Steel and Aluminum Imports, Shaking South Korea’s Export-Heavy Industry

SEOUL, June 4 (Korea Bizwire) — U.S. President Donald Trump signed a proclamation Tuesday raising tariffs on imported steel and aluminum from 25% to 50%, dramatically escalating trade tensions and sending shockwaves through South Korea’s embattled steel industry. The move, viewed by many as the realization of a “steel curtain” around the U.S. market, erects [...]