SEOUL, Aug. 18 (Korea Bizwire) — Kia has officially launched “The 2026 Carnival,” an updated version of its flagship large recreational vehicle (RV), aimed at strengthening its foothold in the high-demand family and leisure car market. The company began full-scale sales on Sunday. The refreshed model is offered in two powertrains — a 3.5-liter gasoline engine [...]
SEOUL, Aug. 18 (Korea Bizwire) — The number of doctors working at South Korea’s public health centers and branch facilities has plummeted by more than 40% over the past decade, raising red flags about the country’s ability to ensure basic medical access in rural areas. According to data released on August 17 by the Ministry of [...]
SEOUL, Aug. 18 (Korea Bizwire) — LG Electronics has introduced a new eco-conscious manufacturing process for its commercial system air conditioners, significantly cutting carbon emissions and reducing plastic use as part of its broader sustainability push. According to the company’s announcement on Sunday, LG’s latest four-way cassette system air conditioner received official carbon reduction verification from [...]
South Korea Moves to Codify ‘Equal Pay for Equal Work’ by 2025, Amid Hurdles to Implementation SEOUL, Aug. 17 (Korea Bizwire) — The South Korean government is set to codify the principle of “equal pay for equal work” into the Labor Standards Act by the end of this year, aiming to implement the policy as [...]
SEOUL, Aug. 17 (Korea Bizwire) — Samsung Electronics and LG Electronics saw a continued decline in the average selling prices (ASPs) of their televisions during the first half of 2025, as global demand stagnated and competition from Chinese manufacturers intensified. The pricing shifts reflect a strategic push by the two South Korean tech giants to [...]
SEOUL, Aug. 17 (Korea Bizwire) — Samsung Electronics reported a decline in first-half revenue from China, citing mounting U.S. sanctions, weakening demand, and intensifying local competition, while sales in the United States grew, buoyed by robust demand from Big Tech firms investing in AI infrastructure. According to the company’s semiannual report released Sunday, Samsung’s exports to [...]
SEOUL, Aug. 16 (Korea Bizwire) — The number of South Korean teenagers receiving treatment for anxiety disorders has soared by more than 60% over the past four years, reflecting mounting mental health concerns among the nation’s youth. According to data released Friday by the Health Insurance Review and Assessment Service (HIRA), 41,611 individuals aged 10 [...]
SEOUL, Aug. 16 (Korea Bizwire) — South Korea’s three major battery manufacturers — LG Energy Solution, Samsung SDI, and SK On — are grappling with declining factory utilization rates, reflecting the broader global slowdown in electric vehicle (EV) demand known as the “EV chasm.” According to semiannual filings released on August 15, LG Energy Solution [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Koreans’ sentiment toward Japan has warmed significantly, reaching levels not seen since the aftermath of the 2011 Great East Japan Earthquake, according to a new Gallup Korea poll released Thursday, marking the 80th anniversary of Korea’s liberation from Japanese colonial rule. In the nationwide survey conducted August 12–14 [...]
BUSAN, Aug. 15 (Korea Bizwire) — In a move seen as both scientific and symbolic, South Korea has published the world’s first complete genome sequence of the extinct Dokdo sea lion (Dokdo Ganchi or Dokdo Kangchi) —commonly known in the West as the “Japanese sea lion”—while using the name “Dokdo sea lion” in a peer-reviewed international [...]