SEOUL, Aug. 1 (Korea Bizwire) – South Korean food company Ottogi has launched a new instant noodle product that pushes the boundaries of spiciness in the competitive Korean instant noodle market. The new product, named ‘Yeolgwang Rabokki’, boasts a Scoville Heat Unit (SHU) rating of 5,856, matching the company’s notoriously spicy ‘Yeol Ramen’ and surpassing the [...]
SEOUL, Aug. 1 (Korea Bizwire) – In a setback to Samsung Electronics’ ambitious healthcare expansion plans, the tech giant is facing criticism over battery drain issues in its latest smartwatch. This comes on the heels of quality concerns surrounding its Bluetooth earphones, once again putting the company’s product reliability under scrutiny. Reports have emerged of abnormal [...]
SEOUL, July 31 (Korea Bizwire) – A new data-sharing initiative in South Korea has sparked concerns about potential risks to consumer privacy and the competitiveness of domestic businesses. Experts warn that the MyData system, set to be implemented across all sectors by March of next year, could inadvertently lead to the cheap sale of Korean consumer [...]
SEOUL, July 31 (Korea Bizwire) – In a quiet corner of western Japan, a group of dedicated citizens is working to shed light on a long-forgotten tragedy that claimed the lives of 183 miners, including 136 Koreans, during World War II. The Chosei coal mine disaster, which occurred on February 3, 1942, in the city of [...]
SEOUL, July 31 (Korea Bizwire) – Samsung Electronics Co. said Wednesday sales of high-performance high bandwidth memory (HBM) products soared more than 50 percent in the second quarter from three months earlier, driven by a boom in generative artificial intelligence. “The memory market continued to be strong in the second quarter, fueled by strong demand [...]
SEOUL, Jul. 31 (Korea Bizwire) – A recent report by CJ ENM’s digital marketing firm MezzoMedia reveals a growing trend among South Korean consumers: maximizing value from limited time across shopping, gaming, and content consumption. The 2024 Consumer Trends Series report, released on July 29, highlights consumers’ increasing preference for products and services that minimize wasted [...]
DAEJEON, Jul. 31 (Korea Bizwire) – The Korea Forest Service has designated two new products as innovative solutions for combating forest fires, the Korea Forest Promotion Institute announced on July 29. The products, a solid fire extinguishing agent and a fire retardant, were developed by Daemyung Hitech Co., Ltd. through the Forest Science and Technology Commercialization [...]
SEOUL, July 30 (Korea Bizwire) – Hyundai Motor Company announced on July 28 that its short film “Night Fishing,” co-produced with actor Son Suk-ku, won the Best Editing Award in the International Short Film Competition category at the 28th Fantasia International Film Festival. This marks the first time a film produced by a Korean automaker has [...]
SEOUL, Jul. 30 (Korea Bizwire) — SK Telecom Co. said Tuesday it has launched its artificial intelligence-based veterinary care assistance service X Caliber in Southeast Asia. The mobile carrier signed a deal with local companies to supply X Caliber in Malaysia, Thailand and Vietnam, according to the Korean company. X Caliber is an AI-based veterinary [...]
JEJU, Jul. 30 (Korea Bizwire) – Starting August 1, all buses on Jeju Island will be equipped with a QR code payment system, marking a significant step towards modernizing public transportation and improving convenience for both local residents and international visitors. The Jeju provincial government announced on July 29 that passengers will be able to pay [...]