SEJONG, Nov. 13 (Korea Bizwire) — Fewer South Koreans say they plan to give anything back when they’re gone. Only about one in five now say they would leave part of their estate to society, the lowest share in more than a decade of record-keeping. The figure—22.2 percent, according to the National Data Agency’s latest Social [...]
SEOUL, Nov. 13 (Korea Bizwire) — Seoul has been ranked the world’s No. 2 destination for entertainment travel at Saudi Arabia’s inaugural TOURISE Awards, highlighting the city’s growing global appeal as a cultural and leisure hub, the Seoul Metropolitan Government said Thursday. The awards, hosted by the Saudi Tourism Authority and backed by the Saudi government, [...]
SEOUL, Nov. 13 (Korea Bizwire) — Forecasts for Samsung Electronics and SK hynix are soaring at an unprecedented pace, with analysts projecting that the two chipmakers could generate nearly half of all corporate operating profits on South Korea’s benchmark Kospi index next year, fueled by the global boom in artificial intelligence. According to financial data provider [...]
SEOUL, Nov. 13 (Korea Bizwire) — A South Korean court has ordered Incheon’s Yeonsu District Office to refund taxes to POSCO Wide, ruling that the district wrongly included the value of a golf course’s business rights in its property tax calculation. The Incheon District Court’s Administrative Division 2 ruled in favor of POSCO Wide, which owns [...]
SEOUL, Nov. 13 (Korea Bizwire) — A new survey has found that South Korean doctors work more than 2,300 hours a year on average, prompting calls from the medical community for more accurate assessments of working conditions before the government determines future medical school quotas. At a conference hosted Wednesday by the Korean Medical Association’s Research [...]
SEOUL, Nov. 13 (Korea Bizwire) — A coalition of South Korean scholars and cultural heritage groups on Wednesday condemned Seoul City’s plan to allow high-rise construction near Jongmyo Shrine, warning that the move could damage the integrity of the UNESCO World Heritage site. At a joint press conference held in central Seoul, 27 academic societies—including [...]
SEOUL, Nov. 13 (Korea Bizwire) — OpenAI held a seminar at Yonsei University on Wednesday to introduce its “Study Mode” and discuss responsible ways to use artificial intelligence in education, underscoring its growing engagement with South Korea’s academic community. The session, co-hosted with the Yonsei University Artificial Intelligence Society at the university’s College of Engineering, featured [...]
SEOUL, Nov. 13 (Korea Bizwire) — South Korea’s leading convenience store chain CU has opened its first store in the United States, marking the brand’s official entry into the American market with the debut of its “CU Downtown” branch in Honolulu, Hawaii. BGF Retail, which operates CU, said Thursday that it launched the store on [...]
SEOUL, Nov. 12 (Korea Bizwire) — Samsung Electronics is set to launch its first dual-folding smartphone, the Galaxy Z Trifold, next month, marking a new step in the evolution of foldable devices. According to industry sources, Samsung will hold an official launch event on December 5 to introduce the Trifold and begin domestic sales. The model, [...]
SEOUL, Nov. 12 (Korea Bizwire) — Both Samsung Electronics and Apple are expected to revamp their flagship smartphone lineups in 2026 after the disappointing performance of their ultra-thin models released earlier this year, 2025. Apple introduced the iPhone Air in September 2025, a 5.6-millimeter-thick, 165-gram handset replacing the traditional “Plus” model in the iPhone 17 series. [...]