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. [...]
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”), [...]
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 [...]
SEOUL, Jan. 1 (Korea Bizwire) — South Korea’s healthcare and biomedical industry technologies are assessed to be at 80% of the level of the United States, the global leader in the field, with an estimated two-year gap to reach parity. This was revealed in a report published by the Ministry of Health and Welfare and the [...]
SEOUL, Dec. 31 (Korea Bizwire) — A South Korean court has ruled that informal discussions about start dates and verbal indications of potential job acceptance following an interview do not constitute a binding employment contract. The decision also clarified that rescinding such offers does not qualify as unfair dismissal. On Monday, 2024, the Seoul Administrative [...]
SEOUL, Dec. 31 (Korea Bizwire) — Hyundai Motor Company and Kia Corporation announced on December 30 the launch of their Integrated Global Information System (IGIS), marking a significant advancement in their carbon emissions management capabilities. The newly developed IGIS represents a comprehensive approach to tracking carbon emissions throughout a vehicle’s entire life cycle, from raw material [...]
SEOUL, Dec. 31 (Korea Bizwire) — A special inspection to ensure the safety of military aircraft is under way as the defense ministry has ordered the military to examine all aircraft following the fatal Jeju Air crash, officials said Tuesday. The Navy has kicked off a safety inspection that will run through Saturday to examine [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Korean stock markets have shed more than 250 trillion won in market capitalization this year, standing in stark contrast to the record-setting rallies seen in other major global markets. According to the Korea Exchange, as of December 27, the main KOSPI market’s capitalization stood at 1,966.96 trillion won, while [...]
SEOUL, Dec. 30 (Korea Bizwire) — Samsung Group, South Korea’s largest conglomerate, has seen its market capitalization plummet by over 160 trillion won this year, marking a significant contraction in its dominance on the domestic stock market. As of December 26, the total market value of Samsung’s 22 listed companies, including Samsung Electronics, Samsung Biologics, [...]
SEOUL, Dec. 27 (Korea Bizwire) — A presidential committee on aging society and population said Friday the government will come up with a demographic policy blueprint in the near future, as South Korea has formally become a “super-aged” society. The remark came after the government data showed the number of South Koreans aged 65 or [...]