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GS25 Leverages “Search Failures” to Discover Hidden Demand for Alcohol Products

GS25 Leverages “Search Failures” to Discover Hidden Demand for Alcohol Products

SEOUL, April 21 (Korea Bizwire) —   South Korean convenience store chain GS25 is turning missed search results into a powerful tool for product innovation, using customer data from its mobile app to identify and launch new alcoholic beverages. GS25 announced Sunday that it has been analyzing “search failure” data from its app Our Neighborhood GS, particularly [...]

South Korea Launches Pilot Program to Automatically Report Suspected EV Battery Fires

South Korea Launches Pilot Program to Automatically Report Suspected EV Battery Fires

SEOUL, April 21 (Korea Bizwire) —  South Korea will launch a pilot project this week to automatically detect and report potential electric vehicle (EV) battery fires to emergency services, aiming to accelerate response times and minimize damage from fire incidents. The Ministry of Land, Infrastructure and Transport announced Sunday that the initiative, developed in collaboration with [...]

Workers at Small Businesses Remain Unprotected Under Labor Law, Advocacy Group Warns

Workers at Small Businesses Remain Unprotected Under Labor Law, Advocacy Group Warns

SEOUL, April 20 (Korea Bizwire) —  Despite growing awareness of labor rights in South Korea, workers at businesses with fewer than five employees continue to face widespread legal exclusion and exploitation, according to a report released Sunday by labor advocacy group Workplace Gapjil 119. The group highlighted recent consultations with employees at small firms who reported [...]

LG Unveils ‘Smart Monitor Swing’ to Reinforce Leadership in Portable Display Market

LG Unveils ‘Smart Monitor Swing’ to Reinforce Leadership in Portable Display Market

SEOUL, April 20 (Korea Bizwire) — LG Electronics announced Sunday the launch of its new “LG Smart Monitor Swing,” a high-resolution, large-screen display equipped with advanced touch features and full adjustability in height and angle. The new release aims to further solidify the company’s leadership in the portable monitor market, following the success of its earlier [...]

Consumer Backlash Grows as Baemin Adds Commission to Takeout Orders

Consumer Backlash Grows as Baemin Adds Commission to Takeout Orders

SEOUL, April 19, (Korea Bizwire) — South Korea’s leading food delivery platform, Baemin, has drawn public backlash after introducing commission fees on takeout orders, a move critics say could burden small businesses and consumers while signaling the platform’s shifting business strategy. Starting April 14, 2025, Baemin began charging intermediary service fees on takeout orders, ending [...]

KAIST Researchers Explore AI-Driven Design of Synthetic Enzymes

KAIST Researchers Explore AI-Driven Design of Synthetic Enzymes

DAEJEON, South Korea, April 19 — A research team at the Korea Advanced Institute of Science and Technology (KAIST) has proposed a groundbreaking approach using artificial intelligence to design enzymes that do not exist in nature — a move that could transform the future of bioengineering and industrial biotechnology. According to KAIST’s announcement on April [...]

Woori Bank Launches Budget Mobile Service with Generous Incentives

Woori Bank Launches Budget Mobile Service with Generous Incentives

SEOUL, April 18, (Korea Bizwire) — Woori Bank has officially entered South Korea’s budget telecom market with the launch of its new mobile virtual network operator (MVNO) service, WooriWON Mobile, which began operations on April 18, 2025. To mark the launch, Woori Bank is offering promotional benefits worth up to 300,000 won for new customers [...]

South Korea’s Landmark Tobacco Lawsuit Nears Verdict as Health Insurer Battles Big Tobacco

South Korea’s Landmark Tobacco Lawsuit Nears Verdict as Health Insurer Battles Big Tobacco

SEOUL, April 18 (Korea Bizwire) — A high-stakes legal battle between South Korea’s National Health Insurance Service (NHIS) and major tobacco companies is approaching its conclusion, with a final appeals court hearing set for next month. The case, which pits public health costs against personal responsibility, could reshape the nation’s tobacco policies and set a powerful [...]

South Korea’s ‘Good Price Stores’ Surpass 10,000 Amid Push for Affordable Dining

South Korea’s ‘Good Price Stores’ Surpass 10,000 Amid Push for Affordable Dining

SEOUL, April 18, (Korea Bizwire) — The number of South Korea’s “Good Price Stores” — eateries and shops offering quality services at lower-than-average prices — has surpassed 10,000 for the first time, the Ministry of the Interior and Safety announced Thursday. To mark the milestone, the ministry held a commemorative plaque ceremony at the 10,000th [...]

Samsung Tops Global Smartphone Shipments, But Apple Leads in Sales Amid U.S. Tariff Fallout

Samsung Tops Global Smartphone Shipments, But Apple Leads in Sales Amid U.S. Tariff Fallout

SEOUL, April 17, (Korea Bizwire) — Samsung Electronics retained its position as the global leader in smartphone shipments in the first quarter of 2025, according to multiple market research firms. However, a separate analysis based on sales volumes placed Apple in the top spot, raising questions about diverging metrics and the impact of U.S. trade [...]