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South Korean Gen Z Workers Lead in AI Adoption, Study Finds

South Korean Gen Z Workers Lead in AI Adoption, Study Finds

SEOUL, Aug. 28 (Korea Bizwire) – A recent survey has revealed that 8 out of 10 South Korean Generation Z workers (ages 18-27) turn to artificial intelligence (AI) first when facing challenges at work, a rate significantly higher than their counterparts in Western countries. Samsung Electronics recently released a report examining the perspectives of Gen Z [...]

Half of South Koreans Suffer from Long-Term Embitterment, Study Finds

Half of South Koreans Suffer from Long-Term Embitterment, Study Finds

SEOUL, Aug. 27 (Korea Bizwire) – Nearly half of South Korea’s population is experiencing prolonged feelings of embitterment, according to a recent study. The research, conducted by a team led by professor Yoo Myung-soon at Seoul National University’s Graduate School of Public Health, reveals that 1 in 10 South Koreans is grappling with severe levels of [...]

Brain’s Star-Shaped Cells Show Promise in Alzheimer’s Treatment, Korean Study Finds

Brain’s Star-Shaped Cells Show Promise in Alzheimer’s Treatment, Korean Study Finds

SEOUL, Aug. 27 (Korea Bizwire) – A groundbreaking study has revealed that astrocytes, star-shaped non-neuronal cells in the brain, can potentially restore memory and cognitive abilities in Alzheimer’s patients by removing toxic proteins through a process called autophagy.  On August 25, the Korea Institute of Science and Technology (KIST) announced that a research team led by [...]

South Korean Youth Lead Shift in Media Consumption Habits, Survey Finds

South Korean Youth Lead Shift in Media Consumption Habits, Survey Finds

SEOUL, Aug. 27 (Korea Bizwire) – A recent survey has revealed that young adults in South Korea are at the forefront of changing media consumption habits, with 20-somethings spending an average of 70 minutes daily on online video streaming services (OTT).  The “2024 Target Report,” released on August 26 by MezzoMedia, a digital marketing firm under [...]

Automakers’ July Production Drops 17.6% Amid Weak Demand and Partial Strikes

Automakers’ July Production Drops 17.6% Amid Weak Demand and Partial Strikes

SEOUL, Aug. 22 (Korea Bizwire) –Car output fell more than 17 percent on-year in July due to weak domestic demand and partial strikes at some companies, industry data showed Thursday.   According to the Korea Automobile & Mobility Association, the total production volume of five automakers last month totaled 290,910 units, down 17.6 percent from [...]

Young South Koreans Doubt Future of National Pension, Survey Finds

Young South Koreans Doubt Future of National Pension, Survey Finds

SEOUL, Aug. 19 (Korea Bizwire) – As the South Korean government prepares to unveil its national pension reform plan, a recent survey has revealed that younger generations, particularly those in their 20s and 30s, are more concerned about the likelihood of receiving pension benefits in the future than the system’s financial stability.  The survey, conducted by [...]

Record High in July: More Youth Choose Economic Inactivity

Record High in July: More Youth Choose Economic Inactivity

SEOUL, Aug. 18 (Korea Bizwire) – The number of South Korean youth opting to remain economically inactive without a specific reason set a new record in July, data showed Sunday, amid economic uncertainties and high job competition. The number of such individuals aged 15 to 29 reached 443,000 last month, an increase of 42,000 from [...]

South Korean Scientists Create Battery Material for Extreme Cold, Paving the Way for Advanced EVs and Drones

South Korean Scientists Create Battery Material for Extreme Cold, Paving the Way for Advanced EVs and Drones

DAEJEON, Aug. 14 (Korea Bizwire) – In a significant breakthrough for energy storage technology, researchers at the Korea Institute of Energy Research have developed a new battery material capable of functioning in temperatures as low as -20 degrees Celsius, the institute announced on August 13.  Traditionally, graphite has been the go-to material for anodes in lithium-ion [...]

Study Reveals Social Isolation Among Seoul’s Single-Person Households

Study Reveals Social Isolation Among Seoul’s Single-Person Households

SEOUL, Aug. 12 (Korea Bizwire) – A recent study has shed light on the growing social isolation faced by individuals living alone in Seoul, South Korea’s bustling capital. More than half of Seoul’s single-person households report having no one to turn to for help with daily tasks or during emergencies, raising concerns about the need for [...]

55 Pct of Foreign Firms Expect Negative Impact from ‘Yellow Envelope Bill’: Survey

55 Pct of Foreign Firms Expect Negative Impact from ‘Yellow Envelope Bill’: Survey

SEOUL, Aug. 12 (Korea Bizwire) — Over half of foreign companies operating in South Korea expect a contentious pro-labor bill being pushed forward by opposition parties will negatively impact their businesses here, a survey showed Monday. In the survey conducted by Mono Research on 100 foreign companies with over 100 employees from July 26 to [...]