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Seoul to Enact Measure to Prevent Children from Being Left Alone Aboard School Buses

Seoul to Enact Measure to Prevent Children from Being Left Alone Aboard School Buses

SEOUL, Aug. 27 (Korea Bizwire) – The Seoul metropolitan government said Monday it will introduce a new safety rule this month to prevent children from dying or suffering injuries after being left alone aboard school buses. The “sleeping child check” system, to be mounted on 53 buses of the city’s public elementary schools, forces the [...]

SK Innovation to Invest in 820 bln Won Battery Plant in China

SK Innovation to Invest in 820 bln Won Battery Plant in China

SEOUL, Aug. 24 (Korea Bizwire) — SK Innovation Co., South Korea’s largest refiner by sales, said Friday it will invest in a 820 billion won (US$730 million) battery plant in China, a move aimed at meeting growing demand for car batteries. In a joint venture with BAIC Motor Corporation., Ltd. and Beijing Electronics Holding Co., [...]

Samsung Announces Massive Domestic Investment and New Hires

Samsung Announces Massive Domestic Investment and New Hires

SEOUL, Aug. 9 (Korea Bizwire) — Lee Jae-yong, Vice Chairman of Samsung Electronics, attended only two public functions in the six months following his release from prison when his sentence was suspended on appeal in February. Lee’s reason for keeping a low profile is said to be due to his urge to focus on discovering [...]

SK hynix to Build New Plant in Icheon with 3.5 tln Won

SK hynix to Build New Plant in Icheon with 3.5 tln Won

SEOUL, Jul. 27 (Korea Bizwire) — SK hynix Inc. said Friday it will build a new semiconductor fabrication (FAB) plant at its headquarters in Icheon, southeast of Seoul, seeking to cope with the rising demand for memory chips around the globe. South Korea’s No. 2 chipmaker said the construction will begin later this year, which [...]

Let’s Stop Fine Dust: Gyeonggi Office of Education Proposes Air Dome for Students

Let’s Stop Fine Dust: Gyeonggi Office of Education Proposes Air Dome for Students

SEOUL, Jul. 10 (Korea Bizwire) — Last year, schools in Gyeonggi Province had an average of seven days when outdoor gym classes were cancelled and replaced with indoor activities due to poor air quality. As students have less frequent access to outdoor activities due to external factors, they may not end up getting all the [...]

Samsung Opens Foundry R&D Division Under Device Solution Arm: Sources

Samsung Opens Foundry R&D Division Under Device Solution Arm: Sources

SEOUL, May 21 (Korea Bizwire) — Samsung Electronics Co. recently opened a research and development (R&D) center for its foundry business, industry sources said Monday, reflecting its drive to advance deeper into the segment. Industry sources said Samsung, which has emerged as one of the major leaders of the global chip industry, is currently seeking [...]