WASHINGTON, Jul. 18 (Korea Bizwire) — Former U.S. President Donald Trump’s formal nomination as the Republican flag-bearer this week is raising anew crucial policy questions over how he would deal with advancing North Korean threats, the alliance with South Korea and other high-stakes issues should he return to office. Both hope and concern have been [...]
SEOUL, Jul. 17 (Korea Bizwire) – In a bustling airport lounge, a masked celebrity enters, flanked by bodyguards. Suddenly, one guard turns and shines a bright flashlight at nearby passengers, ostensibly to prevent them from taking photos. This scene, captured on video and widely shared online, has ignited a fierce debate in South Korea about the [...]
SEOUL, July 13 (Korea Bizwire) – National Security Adviser Chang Ho-jin said Saturday the South Korea-U.S. alliance will remain sturdy regardless of whether former American President Donald Trump regains the presidency. “Regarding the South Korea-U.S. alliance, (we) have a solid support base across both the ruling and opposition sides in the United States,” Chang said [...]
SEOUL, July 13 (Korea Bizwire) – South Korea is on the cusp of becoming a “super-aged society” as its population of residents 65 and older surpasses 10 million, a demographic milestone that will see one in five citizens classified as elderly. According to data from the Ministry of the Interior and Safety, as of July 10, [...]
SEOUL, July 13 (Korea Bizwire) – South Korean consumers show the highest enthusiasm for using artificial intelligence (AI) technology on mobile devices, according to a study released by Samsung Electronics on July 11. The findings were unveiled at the “Salon de AI,” a Galaxy AI media forum held in Paris, following the company’s Galaxy product launch [...]
SEOUL, Jul. 12 (Korea Bizwire) – A recent global survey has revealed that generative AI tools, such as ChatGPT, have seen the most significant improvement in performance satisfaction within the sales sector this year. Meanwhile, the legal field experienced the steepest decline in AI satisfaction. According to a quarterly AI survey conducted by Bain & Company, [...]
SEOUL, Jul. 12 (Korea Bizwire) – A recent survey has revealed that 9 out of 10 consumers in South Korea intend to stick with their current smartphone brand, indicating a strengthening “lock-in effect” in the mobile device market. The study also found that smartphone usage among seniors over 70 has surpassed 90% for both men and [...]
SEOUL, Jul. 12 (Korea Bizwire) – The minimum wage for next year was set at 10,030 won (US$7.30) per hour Friday, marking the first time the compulsory hourly minimum wage has surpassed the 10,000 won level. The rate reached during the 11th plenary meeting of the Minimum Wage Commission marks an increase of 170 won, [...]
SEOUL/PARIS, Jul. 11 (Korea Bizwire) — The head of Samsung Electronics Co.’s mobile division has said the company aims to boost sales of its new foldable smartphones by more than 10 percent, highlighting the addition of advanced artificial intelligence (AI) capabilities. The world’s largest smartphone maker unveiled its latest generation foldable smartphones, the Galaxy Z [...]
SEOUL, Jul. 10 (Korea Bizwire) – In a significant shift of public opinion, South Koreans have increasingly identified climate change as the most critical environmental issue facing their nation, according to a recent survey. The Korea Environment Institute (KEI) released its “2023 National Environmental Awareness Survey” on July 9, revealing a surge in concern about climate [...]