SEOUL, June 3 (Korea Bizwire) — As South Korea’s tech sector transitions from digital transformation (DX) to what many now call “AI transformation” (AX), major system integration (SI) companies are rapidly deploying generative AI across their development operations—redefining the core of enterprise software engineering. Leading the charge is LG CNS, which recently upgraded its AI coding [...]
SEOUL, June 2 (Korea Bizwire) — Spending on pet care services and products in South Korea has surged by 30% over the past three years, with the fastest growth driven by consumers aged 60 and older, according to a new report released by KB Kookmin Card. The analysis, based on 24.85 million card transactions by 3.54 [...]
SEOUL, May 30 (Korea Bizwire) — South Korea’s economy showed renewed signs of weakness in April, with industrial production, consumption, and investment all posting declines — the first “triple minus” since January — as the impact of new U.S. auto tariffs begins to ripple through key sectors. According to data released Friday by Statistics Korea, [...]
SEOUL, May 30, 2025 (Korea Bizwire) — The number of South Koreans enrolling in government-run smoking cessation clinics has halved over the past decade, while quit rates have also dropped significantly — raising concerns about waning public engagement with anti-smoking efforts. According to new data from the Ministry of Health and Welfare and the Korea [...]
SEOUL, May 27 (Korea Bizwire) — A renewed push by U.S. President Donald Trump to impose a sweeping 25% tariff on all foreign-made smartphones, including Samsung’s Galaxy lineup, is stirring deep concern at the South Korean tech giant. The proposed tariffs, expected to take effect as early as next month, are part of Trump’s broader strategy [...]
Korean Delivery Workers Secure Voting Day Off Ahead of 2025 Presidential Election After Industry-Wide Pressure SEOUL, May 24 (Korea Bizwire) — As South Korea prepares for its 21st presidential election on June 3, a heated debate over delivery workers’ right to vote has drawn national attention — and ultimately, a resolution. Following mounting public pressure and [...]
SEOUL, May 24 (Korea Bizwire) — South Korea is weighing major reforms to its end-of-life care system, with calls mounting to expand the legal window for halting life-sustaining treatment and to formally institutionalize advance funeral directives at the national level. At a policy roundtable hosted by the Ministry of Health and Welfare on Thursday, medical [...]
WASHINGTON / CAMBRIDGE, May 23 (Korea Bizwire) — The U.S. Department of Homeland Security has stripped Harvard University of its certification to enroll international students, throwing thousands of lives and academic futures into limbo—including those of dozens of Korean students studying at the elite institution. The decision, announced Wednesday (local time), came after Harvard allegedly [...]
SEOUL, May 23 (Korea Bizwire) — Cybersecurity is becoming an increasingly important factor car manufacturers have to consider with the global automotive industry’s move toward more “connected” and “software-defined” vehicles, an executive at a South Korean automotive cybersecurity solutions provider said Thursday. “The era of software-defined vehicles is coming … which means there is much [...]
SEOUL, May 23 (Korea Bizwire) – South Korea’s tech giants Samsung Electronics and LG Electronics are once again locked in a high-stakes rivalry—this time over the booming market for all-in-one washer-dryers, dubbed by the industry as the “dream appliance.” The latest clash began when Samsung claimed during a media briefing Thursday that it holds a commanding [...]