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Hyundai Motor, Luxi Team Up for Carpooling Service

Hyundai Motor, Luxi Team Up for Carpooling Service

SEOUL, Dec. 6 (Korea Bizwire) – Hyundai Motor is poised to branch out into the car sharing service industry in partnership with carpool service provider Luxi. The automaker signaled its foray into the carpool service market on Tuesday, after making a public announcement of Project Ioniq, a joint future mobility research project with Luxi to develop [...]

Cheongju Trials Smart Commuter Bus for Nursery Schools

Cheongju Trials Smart Commuter Bus for Nursery Schools

CHEONGJU, Dec. 6 (Korea Bizwire) – The city of Cheongju is trialing smart commuter buses for nursery schools that keep parents informed of the location of their children and make sure that no passengers are left behind. The project was launched by the Cheongju city government after being commissioned by the Ministry of Science and ICT’s [...]

Gangnam to Roll Out IoT Paper Package Recycling Bins

Gangnam to Roll Out IoT Paper Package Recycling Bins

SEOUL, Dec. 5 (Korea Bizwire) – Gangnam District has announced plans to introduce IoT-based paper packaging waste recycling bins for the first time in South Korea. According to the Gangnam District Office on Monday, 53 of the smart paper package recycling bins will be installed at a total of 26 locations within the district, including the [...]

Samsung to Promote QuickDrive Washers Through Film

Samsung to Promote QuickDrive Washers Through Film

SEOUL, Dec. 4 (Korea Bizwire) — Samsung Electronics Co. said Monday it plans to showcase a film on its QuickDrive washers under cooperation with a popular music composer, highlighting how its products can save users time compared with rivals. The company said the 66-minute film, “Washing Machine” will be showcased in London on Tuesday, with [...]

3 in 4 Finance Jobs Could Evaporate Due to 4th Industrial Revolution

3 in 4 Finance Jobs Could Evaporate Due to 4th Industrial Revolution

SEOUL, Nov. 29 (Korea Bizwire) – A new report has revealed over 75 percent of jobs in finance could evaporate when the fourth industrial revolution takes off in South Korea. According to the report released by the Hyundai Research Institute on Tuesday, nearly 760,000 jobs in the financial sector could be replaced with computers, accounting for [...]

Samsung Elec’s Induction Cooktop Gets Perfect Score from U.S. Consumer Report

Samsung Elec’s Induction Cooktop Gets Perfect Score from U.S. Consumer Report

SEOUL, Nov. 24 (Korea Bizwire) — Samsung Electronics’ induction electric cooktops received perfect scores from the U.S. Consumer Report, company officials said Friday. A review of cooking appliances being sold in the United States placed Samsung’s 30-inch cooktop at No. 1, ahead of rival models from General Electric and Kenmore, which both received 99 points. [...]