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Gov’t Adjusts Electric Bus Subsidies, Favoring Domestic Manufacturers

Gov’t Adjusts Electric Bus Subsidies, Favoring Domestic Manufacturers

SEOUL, Jan. 3 (Korea Bizwire) — South Korea has introduced a revised subsidy scheme for electric buses in 2025, offering additional financial incentives to manufacturers of hydrogen and school buses while implementing stricter criteria to prioritize safety and transparency. The move is seen as a response to concerns over the growing presence of Chinese-made electric [...]

Samsung Electronics to Unveil New TV with 3D Audio Tech Co-developed with Google at CES 2025

Samsung Electronics to Unveil New TV with 3D Audio Tech Co-developed with Google at CES 2025

SEOUL, Jan. 3 (Korea Bizwire) — Samsung Electronics Co. said Friday it will unveil a new television featuring new three-dimensional audio technology developed in partnership with Google at the upcoming CES 2025. The 3D audio technology, Eclipsa Audio, will be integrated into its 2025 TV and soundbar lineup to be premiered at this year’s CES [...]

South Korean Researchers Develop Novel Material for Next-Generation Semiconductors

South Korean Researchers Develop Novel Material for Next-Generation Semiconductors

SEOUL, Jan. 3 (Korea Bizwire) —  A South Korean research team has developed a groundbreaking amorphous semimetal material with properties distinct from traditional metals, paving the way for advancements in next-generation semiconductor technology. Researchers at Ajou University, led by Professor Oil Kwon of the Department of Intelligent Semiconductor Engineering and Electronics Engineering, announced on January 3 [...]

South Korea to Streamline New Drug Approvals and Pharmaceutical Regulations in 2025

South Korea to Streamline New Drug Approvals and Pharmaceutical Regulations in 2025

SEOUL, Jan. 2 (Korea Bizwire) — The Ministry of Food and Drug Safety (MFDS) announced significant reforms to streamline drug approval processes in 2025, including reducing the time required for registering imported active pharmaceutical ingredients (APIs) and simplifying compliance procedures for low-risk manufacturers. A dedicated task force will now handle new drug approvals, increasing company consultations [...]

Radiation Risks and Low Wages Raise Alarms in Busan’s Growing Pet Care Industry

Radiation Risks and Low Wages Raise Alarms in Busan’s Growing Pet Care Industry

BUSAN, Jan. 2 (Korea Bizwire) — Veterinary healthcare workers in Busan are raising alarms about radiation exposure during routine animal CT scans, highlighting growing occupational safety concerns in the city’s burgeoning pet care industry.  “Unlike human patients, animals need to be physically restrained during CT scans, which means our hands are routinely exposed to radiation,” a [...]

Gov’t Introduces Enhanced Subsidies and Policies for Electric Vehicles and Environmental Initiatives in 2025

Gov’t Introduces Enhanced Subsidies and Policies for Electric Vehicles and Environmental Initiatives in 2025

SEOUL, Jan. 2 (Korea Bizwire) – South Korea’s Ministry of Environment announced on January 1 a series of policy changes for 2025, including enhanced subsidies for young buyers of electric vehicles (EVs) and expanded environmental initiatives. Young individuals aged 19 to 34 purchasing their first EV will now receive a 20% additional subsidy on top [...]

Pioneer in Population Crisis, South Korea Faces Demographic Crossroads, Expert Warns

Pioneer in Population Crisis, South Korea Faces Demographic Crossroads, Expert Warns

OXFORD, Jan. 2 (Korea Bizwire) — In 2006, renowned British demographer David Coleman, now 78 and an emeritus professor at Oxford University, made a stark prediction at a UN population forum: South Korea could become the first nation to face population extinction.  Meeting at his Oxford home on December 28, Coleman reflected on his earlier warning, [...]

LG Unveils AI-Powered 2025 LG Gram Laptops at CES

LG Unveils AI-Powered 2025 LG Gram Laptops at CES

SEOUL, Jan. 1 (Korea Bizwire) — LG Electronics has introduced its 2025 lineup of LG Gram laptops, featuring advanced artificial intelligence (AI) capabilities. The new models will debut at CES 2025, the world’s largest consumer electronics and IT exhibition, opening on January 7 in the United States, and will simultaneously launch in the South Korean market. [...]

Samsung Launches AI-Powered Galaxy Book5 Pro in South Korea

Samsung Launches AI-Powered Galaxy Book5 Pro in South Korea

SEOUL, Jan. 1 (Korea Bizwire) — Samsung Electronics announced on Wednesday the release of its AI-enabled PC, the Galaxy Book5 Pro, set to hit the South Korean market on January 2. The new device boasts cutting-edge AI features, designed to enhance productivity and user experience. Equipped with Intel’s Core Ultra Processor Series 2 (codenamed “Lunar Lake”), [...]

Beloved Dog Left Behind After Tragic Jeju Air Crash Rescued by Animal Welfare Group

Beloved Dog Left Behind After Tragic Jeju Air Crash Rescued by Animal Welfare Group

MUAN, South Korea, Jan. 1 (Korea Bizwire) —In the wake of the devastating Jeju Air crash that claimed the lives of nine family members, a bereaved family member—a dog named Pudding—has been rescued by an animal welfare organization. Pudding had been waiting at home, seemingly hoping for the return of her entire family, who perished [...]