SEOUL, May 9 (Korea Bizwire) — The government-led investigation into a major data breach at SK Telecom Co. is expected to release its findings by the end of June, Minister of Science and ICT Yoo Sang-im said Friday. The breach, which occurred on April 18, involved a large-scale leak of universal subscriber identity module (USIM) [...]
SEOUL, May 9 (Korea Bizwire) — The Seoul Facilities Corporation announced Friday that it will open a new AI-powered “Smart Shelter” in the Jonggak underground shopping center this November, transforming long-vacant retail spaces into a tech-driven experience zone blending shopping innovation and public rest areas. Spanning approximately 76 square meters (23 pyeong), the Smart Shelter will [...]
SEOUL, May 9 (Korea Bizwire) — A Seoul court on Friday dismissed an injunction request filed by Kim Moon-soo, presidential candidate of the conservative People Power Party (PPP), seeking recognition of his candidacy status. The Seoul Southern District Court dismissed Kim’s petition, which was aimed at compelling the party to recognize him as its official [...]
SEOUL, May 9 (Korea Bizwire) — Judges nationwide will hold an extraordinary meeting to discuss the controversy surrounding presidential candidate Lee Jae-myung’s election law violation case, a judges’ association said Friday. The meeting was requested “due to the need to discuss and organize our position on suspicions about the courts’ political neutrality and the issue [...]
SEOUL, May 9 (Korea Bizwire) — South Korean security and technology experts are raising alarms over Google’s renewed request to export high-resolution digital maps of the country, warning that approval could pose grave national security and economic risks in an era of increasingly drone-based warfare and geopolitical uncertainty. During a policy forum held at the [...]
MILAN, May 8 (Korea Bizwire) — South Korea is preparing to roll out a new cross-border payment system that will allow travelers to make purchases abroad by simply scanning a QR code with a mobile app — no credit or debit card required. A companion feature will also enable cash withdrawals from overseas ATMs, aimed [...]
SEOUL, May 8 (Korea Bizwire) — As concerns mount over the long-term sustainability of South Korea’s national health insurance system, the government has introduced a new AI-powered model designed to more precisely detect medical institutions suspected of overcharging patients. The Health Insurance Review and Assessment Service (HIRA) announced Thursday that it has developed an advanced [...]
SEOUL, May 8 (Korea Bizwire) — South Korea’s top military officer on Thursday called for maintaining “overwhelming” readiness against North Korean threats, hours after Pyongyang’s launch of ballistic missiles into the East Sea, the Joint Chiefs of Staff (JCS) said. JCS Chairman Adm. Kim Myung-soo made the call as he visited the Air Force’s [...]
SEOUL, May 8 (Korea Bizwire) — Democratic Party presidential candidate Lee Jae-myung on Thursday stepped up a push to promote his pro-business and economic policies ahead of the June 3 election, capitalizing on eased legal risks following the postponement of his retrial over election law violations. Lee attended a meeting with the heads of South [...]
SEOUL, May 8 (Korea Bizwire) — LG Electronics Inc. said Thursday it will break ground on a new home appliance factory in India, reinforcing its commitment to the fast-growing South Asian market. A groundbreaking ceremony of the plant in Sri City, an industrial hub in the eastern state of Andhra Pradesh, will be attended by [...]