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Electric Vehicle Fire Risk Slightly Higher Than Gasoline-Powered Cars in South Korea, Study Finds

Electric Vehicle Fire Risk Slightly Higher Than Gasoline-Powered Cars in South Korea, Study Finds

SEOUL, Aug. 19 (Korea Bizwire) – A recent study by the Korea Insurance Development Institute has found that electric vehicles (EVs) in South Korea have a slightly higher risk of fire and explosion compared to traditional gasoline-powered cars, potentially impacting insurance premiums and safety perceptions.  According to data released on August 18, there were 53 fire [...]

In South Korean Sports, A Spotlight on Rookie Duties as Stars Speak Out

In South Korean Sports, A Spotlight on Rookie Duties as Stars Speak Out

SEOUL, Aug. 19 (Korea Bizwire) – Recent revelations about badminton star An Se-young’s seven-year stint as the national team’s de facto launderer and cleaner have reignited discussions about the treatment of junior athletes in South Korean sports, bringing renewed attention to volleyball icon Kim Yeon-koung’s past comments on the issue. An, 22, who joined the national [...]

In South Korea, Soaring K-Pop Concert Prices Strain Parents’ Wallets

In South Korea, Soaring K-Pop Concert Prices Strain Parents’ Wallets

SEOUL, Aug. 19 (Korea Bizwire) – When Yoon Sun-young’s high school freshman child asked for tickets to PSY’s “Soaked Show,” she was taken aback by the price tag. Even with a 20% student discount, standing room tickets cost over 130,000 won, and factoring in food and transportation, the total expense would easily surpass 200,000 won. “A [...]

In Rural South Korea, a Model Dormitory Transforms Life for Seasonal Workers

In Rural South Korea, a Model Dormitory Transforms Life for Seasonal Workers

HAMYANG, Aug. 19 (Korea Bizwire) – For A, a 31-year-old Vietnamese worker, home in South Korea is a dormitory that defies expectations. Arriving in March with 35 colleagues under a seasonal worker agreement between Hamyang County and Vietnam’s Nam Tra My district, A initially harbored concerns about potentially harsh working conditions. Those worries have since dissipated. [...]

Record-Breaking Heat Wave Grips South Korea, Sparking Climate Concerns

Record-Breaking Heat Wave Grips South Korea, Sparking Climate Concerns

SEOUL, Aug. 18 (Korea Bizwire) – With an unprecedented heat wave engulfing the Korean Peninsula this summer, many South Koreans are experiencing a stark awakening to the realities of climate change, prompting calls for urgent action. On August 16, Seoul’s daytime temperature peaked at 34.3 degrees Celsius, according to the Korea Meteorological Administration. Even after the [...]

Mercedes-Benz EV Fire Victims Criticize Company’s Relief Support as ‘Woefully Inadequate’

Mercedes-Benz EV Fire Victims Criticize Company’s Relief Support as ‘Woefully Inadequate’

SEOUL, Aug. 16 (Korea Bizwire) – Victims of a massive South Korean apartment complex fire that began from a Mercedes-Benz electric vehicle (EV) earlier this month have expressed discontent over the German automaker’s initial relief support pledge, claiming the promised amount is “absurdly insufficient” when compared with the actual total damage, sources said Friday. Last [...]

Samsung’s AI TVs Set to Redefine Home Entertainment, Executive Says

Samsung’s AI TVs Set to Redefine Home Entertainment, Executive Says

SEOUL, Aug. 16 (Korea Bizwire) – In a bold vision for the future of television technology, Samsung Electronics is betting big on artificial intelligence to transform the viewing experience and revolutionize home connectivity.  Yong Seok-woo, President of Samsung’s Visual Display Business, announced on August 15 that the company aims to “open up new experiences with AI [...]

Hyundai and Kia Unveil Advanced Battery Management System to Boost Electric Vehicle Safety

Hyundai and Kia Unveil Advanced Battery Management System to Boost Electric Vehicle Safety

SEOUL, Aug. 16 (Korea Bizwire) – In a bid to allay consumer concerns about electric vehicle (EV) safety, Hyundai Motor Company and Kia Corporation have unveiled their latest Battery Management System (BMS) technology, a crucial development in their ongoing efforts to improve EV reliability and performance. The South Korean automakers announced on August 15 that the [...]

KT Unveils Lightweight 5G Network Solution for Better Corporate Security and Efficiency

KT Unveils Lightweight 5G Network Solution for Better Corporate Security and Efficiency

SEOUL, Aug. 16 (Korea Bizwire) – South Korean telecom giant KT Corporation has announced a breakthrough in corporate networking technology with its new “lightweight 5G business network” solution. The company revealed on August 15 that this innovation aims to alleviate the burden of infrastructure construction for businesses and public institutions. The 5G business network service is [...]