SEOUL, Sept. 23 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, ranks No. 1 in terms of download speed of 5G networks, an industry report showed Friday. According to global mobile industry tracker Opensignal, the average download speed using SK Telecom’s 5G network was recorded at 469.6 megabits per second (Mbps), 2.55 [...]
SEOUL, Sept. 22 (Korea Bizwire) — Nine out of 10 South Koreans are skeptical about the possibility of North Korea abandoning its nuclear program, a survey showed Thursday, amid a prolonged impasse in inter-Korean relations and denuclearization talks. According to the poll of 1,200 adults by the Institute for Peace and Unification Studies (IPUS) at [...]
SEOUL, Sept. 22 (Korea Bizwire) — A total of 630 elementary to high school students took their own lives over the past four years, due mainly to family feuds, an education ministry report showed Thursday. According to the report submitted to Rep. Kim Byong-wook of the People Power Party, 388 high school students died by [...]
SEOUL, Sept. 22 (Korea Bizwire) — Student drug offenders jumped nearly 2.5-fold over the past three years, marking a sharp increase compared with a 1.3-fold rise in overall drug offenders seen during the period, a report showed Thursday. According to the police report submitted to Democratic Party Rep. Kang Deuk-gu, the number of elementary to [...]
SEOUL, Sept. 21 (Korea Bizwire) — The amount of payments made electronically posted a two-digit growth in the first half of this year, central bank data showed Wednesday, as the COVID-19 pandemic prompted more people to engage in contact-free commerce. The daily average amount of electronic financial transactions came to 802 billion won (US$575 million) [...]
SEOUL, Sept. 20 (Korea Bizwire) — One out of three arrest warrants requested by police in connection with stalking crimes are rejected by the court, data showed Tuesday. According to statistics from the National Police Agency, police filed for a total of 377 arrest warrants for stalking from last October, when a new act on [...]
SEJONG, Sept. 20 (Korea Bizwire) — Sales of Google, Apple and other foreign tech giants in South Korea rose more than six times in 2021 from five years earlier to flirt with 4 trillion won (US$2.9 billion), data showed Tuesday. The combined taxable income of foreign tech companies amounted to 3.98 trillion won last year, [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korean carmakers’ global market share slightly fell to 7.7 percent in the first half from a year earlier amid the extended chip shortage, industry data showed Sunday. From January to June, Korean carmakers sold a total of 2.1 million vehicles in the world’s eight major markets, down 9.9 [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s car exports jumped 35.9 percent on-year in August on brisk global demand for eco-friendly cars, data showed Friday. The value of outbound shipments of automobiles came to US$4.12 billion last month, the largest ever figure for any August, according to the data from the Ministry of Trade, [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s overseas direct investment rose 13.1 percent on-year in the second quarter of this year amid the post-pandemic economic recovery, data showed Friday. The value of investments made overseas by South Korean companies reached US$19.26 billion in the April-June period, up from $17.03 billion a year earlier, according [...]