SEOUL, Sept. 19 (Korea Bizwire) – In a significant shift in South Korea’s automotive landscape, imports of Chinese electric vehicles have surpassed the 1 trillion won mark this year, according to data from the Ministry of Trade, Industry and Energy and the Korea International Trade Association. From January to July, South Korea’s battery electric vehicle (BEV) [...]
SEOUL, Sept. 19 (Korea Bizwire) – In a significant shift that could reshape geopolitical dynamics in Southeast Asia, South Korea is on the brink of its first-ever arms sale to a communist nation. Industry insiders and government sources revealed on September 18 that negotiations to export the K9 self-propelled howitzer to Vietnam are progressing positively. While [...]
SEOUL, Sept. 19 (Korea Bizwire) – In a move to elevate customer satisfaction, Hyundai Department Store announced on September 18 the implementation of an artificial intelligence (AI) system called Insight Labs to assist its employees in customer interactions. Developed in-house, Insight Labs is designed to analyze customer complaints and feedback related to department store experiences, offering [...]
SEOUL, Sept. 18 (Korea Bizwire) – As South Korea prepares for the launch of Wegovy, a highly anticipated weight loss medication, next month, questions are arising about its coverage under private health insurance plans. Wegovy, produced by Danish pharmaceutical company Novo Nordisk and famously touted by Tesla CEO Elon Musk as his weight management secret, is [...]
SEOUL, Sept. 18 (Korea Bizwire) – As the global electric vehicle (EV) market navigates through a temporary dip in demand, South Korean automakers and financial institutions are introducing innovative products to spark consumer interest. These offerings, centered around guaranteeing the residual value of EV batteries, are reshaping the future of EV ownership. At the heart of [...]
SEOUL, Sept. 18 (Korea Bizwire) – With competition in the robot vacuum cleaner market intensifying, Samsung Electronics is seeking to differentiate its latest offering with advanced voice recognition technology. The tech giant has integrated natural language-based voice recognition into its Bespoke AI Steam all-in-one robot vacuum, a move that reflects the growing importance of artificial intelligence [...]
SEOUL, Sept. 18 (Korea Bizwire) – Starbucks Korea announced on September 16 that it will introduce a new Starbucks Morning Set program, offering discounted set menus of beverages and food items until 10:30 a.m. each day. The initiative aims to cater to customers seeking a convenient breakfast option, reflecting the coffee giant’s strategic move to capture [...]
JEJU, Sept. 18 (Korea Bizwire) – In a sign of agriculture’s digital future, cows on a dairy farm on Jeju Island are being milked and cared for by robots around the clock. Dawon Farm, located in Jeju City’s Jocheon-eup district, has embraced automation with the introduction of eight digital robotic milking machines. These tireless devices operate [...]
SEOUL, Sept.16 (Korea Bizwire) – In a stark contrast that highlights the growing cultural divide between North and South Korea, the consumption of dog meat has emerged as a contentious issue on the Korean peninsula. While South Korea has recently moved to prohibit the practice, North Korea continues to promote it as a cherished culinary tradition. [...]
SEOUL, Sept.16 (Korea Bizwire) – In a country once renowned for its vibrant PC gaming culture, South Korea’s internet cafes, known locally as PC bangs (PC rooms), are rapidly disappearing from the urban landscape. These establishments, which once served as sanctuaries for youth seeking refuge from family gatherings or adult supervision, are now falling victim to [...]