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Local Governments Compete to Attract SK hynix Semiconductor Cluster

Local Governments Compete to Attract SK hynix Semiconductor Cluster

GUMI, Jan. 17 (Korea Bizwire) – With the construction plan for SK hynix Inc.’s 120 trillion won (US$106 billion) cluster for semiconductors to be announced next month, the city of Gumi in North Gyeongsang Province is rushing to come up with a master plan to be selected as the site for the cluster. The Ministry of Economy [...]

S. Korea Seeks to Produce 6.2 Million Hydrogen Cars by 2040

S. Korea Seeks to Produce 6.2 Million Hydrogen Cars by 2040

SEJONG, Jan. 17 (Korea Bizwire) — South Korea announced a hydrogen economy policy blueprint on Thursday that centers on promoting eco-friendly automobiles and power cells that could create 43 trillion won (US$38.2 billion) worth of wealth in 2040. The Ministry of Trade, Industry and Energy said the policy is focused on building a society that [...]

S. Korean Children’s Song ‘Baby Shark’ Stays on Billboard’s Hot 100 for 2nd Week

S. Korean Children’s Song ‘Baby Shark’ Stays on Billboard’s Hot 100 for 2nd Week

SEOUL, Jan. 17 (Korea Bizwire) — The South Korean children’s song “Baby Shark” was ranked on Billboard’s Hot 100 main singles chart this week after debuting on the list a week earlier, results showed Thursday. The English version of the song by Pinkfong, a children’s education entertainment brand, whose Korean title is “Shark Family,” came [...]

Popularity of Shared Workspaces Soars

Popularity of Shared Workspaces Soars

SEOUL, Jan. 16 (Korea Bizwire) — IGIS Asset Management Co. shared a report on Tuesday which analyzes the backdrop and prospects of office sharing in the Seoul Metropolitan Area. According to the report, office sharing accounts for 90 percent of service-oriented office leases in Seoul. Commercial office space is typically divided into general office and [...]

Would Taxi Paging Application Solve Industry Deadlock?

Would Taxi Paging Application Solve Industry Deadlock?

SEOUL, Jan. 15 (Korea Bizwire) — The taxi industry, which is opposing the introduction of ride-sharing ventures, is trying to innovate by introducing new services such as a taxi paging application and premium taxis. This month, the ‘T-One’ taxi app will launch, which will compete against similar apps from Kakao Corp. and SK Telecom Co. [...]

Study Reveals S. Korean TV Shows Follow Sexist Norms

Study Reveals S. Korean TV Shows Follow Sexist Norms

SEOUL, Jan. 14 (Korea Bizwire) — The expectations that men and women should carry out traditional gender roles is still prevalent on South Korean variety shows, according to a recent study. On these types of television programs, women were typically expected to stay at home, while men were responsible for ‘outside work’. In addition, male [...]

S. Korea’s Population Growth Rate Drops Below 0.1 pct, Median Age Tops 42

S. Korea’s Population Growth Rate Drops Below 0.1 pct, Median Age Tops 42

SEOUL, Jan. 14 (Korea Bizwire) — South Korea’s population growth rate fell below 0.1 percent for the first time last year, with its median age topping 42, government statistics showed Monday. The nation’s resident population was 51,826,059 as of the end of 2018, marking an increase of 0.09 percent, or 47,515 people, from the previous [...]

Seoul Launches Educational Program for Grandparents on How to Handle Children

Seoul Launches Educational Program for Grandparents on How to Handle Children

SEOUL, Jan. 14 (Korea Bizwire) — The Seoul Metropolitan Office of Education announced on January 13 that it is developing a six-hour educational program for grandparents raising their grandchildren. From as early as April, trial education programs will be held at five elementary schools. There have been programs to inform parents on how to handle [...]