SEOUL, Aug. 15 (Korea Bizwire) — LG Electronics is ramping up its post-purchase care strategy by introducing a series of dedicated home appliance accessories aimed at enhancing functionality and user convenience, signaling a shift toward long-term customer satisfaction and brand loyalty. According to industry sources on August 15, the tech giant recently launched a bedding hanger [...]
SEOUL, Aug. 15(Korea Bizwire) — August 2025 marks the 20th anniversary of the introduction of comprehensive property trust services in South Korea, but industry experts warn the system remains largely symbolic, hindered by outdated regulations. Despite growing interest in asset management services amid rising household wealth, comprehensive property trusts—which allow financial institutions to collectively manage [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s leading game studios lavished record pay packages on star developers in the first half of 2025, with several earning more than their own chief executives and even controlling shareholders. According to semiannual filings released August 14, Krafton’s PUBG: Battlegrounds executive producer Jang Tae-seok topped the list, taking [...]
SEOUL, Aug. 15 (Korea Bizwire) — Young South Koreans weigh more factors — and express greater concerns about economic strain and lost opportunities — when deciding whether to have children than their counterparts in Germany, Japan, France and Sweden, a new study shows. They are also more likely to perceive their society as unfair and [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea will develop its own next-generation Advanced Air Vehicle (AAV) capable of low-noise, eco-friendly, vertical and short takeoff and landing, aiming for a maiden flight in 2030 and mission demonstrations in 2031, the national space and aerospace agency said Thursday. The Korea Aerospace Administration unveiled the plan during [...]
SEOUL, Aug. 15 (Korea Bizwire) — South Korea’s nuclear regulator has warned that rapidly warming seawater — used to cool reactors — could force as many as eight reactors offline within the next 10 years unless cooling capacity is improved. At a meeting on August 14, the Nuclear Safety and Security Commission received a report [...]
UIJEONGBU, Aug. 15 (Korea Bizwire) — A South Korean appeals court has upheld fines for two marriage brokers who illegally shared personal information of Vietnamese women with male clients via KakaoTalk, ruling the act violated the country’s marriage brokerage law. On August 15, the Uijeongbu District Court dismissed the appeals of two individuals, identified as [...]
SEOUL, Aug. 14 (Korea Bizwire) — A steep expansion of SK Telecom’s membership discounts — part of its compensation plan following a major hacking incident — has triggered a price war among South Korea’s mobile carriers, shifting competition from subsidies for new sign-ups to perks aimed at retaining existing customers. Since August 11, SK Telecom [...]
SEOUL, Aug. 14 (Korea Bizwire) — The South Korean government is moving to ease staffing requirements for home-based hospice services in an effort to expand access to end-of-life care that allows patients to die with dignity at home. According to the Ministry of Health and Welfare, a proposed amendment to the enforcement regulations of the Act [...]
SEOUL, Aug. 14 (Korea Bizwire) — Netflix has emerged as the most satisfying streaming service for South Korean consumers, with content diversity ranking as the top factor influencing platform choice, according to a government survey released August 14. The Korea Consumer Agency polled 1,500 users — 300 each from Netflix, Disney+, Wavve, Coupang Play and [...]