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N. Korea Introduces Smartphone with Facial Recognition and Wireless Charging

N. Korea Introduces Smartphone with Facial Recognition and Wireless Charging

SEOUL, Apr. 22 (Korea Bizwire) — North Korean smartphones are reportedly showing technological progress as they now offer facial recognition as well as wireless charging features. Sogwang, a North Korean state media outlet, introduced North Korea’s newly developed smartphone, the Pyongyang 2425, on its official website. “The Pyongyang 2425 comes with enhanced features, praised by [...]

Income Gap Between Employees at Small and Large-sized Companies Growing

Income Gap Between Employees at Small and Large-sized Companies Growing

SEOUL, Apr. 22 (Korea Bizwire) — A recent study has revealed that employees of large-sized companies in South Korea make three times as much as workers at small companies with fewer than four staff members, and that the income gap has widened over the last five years. In contrast, Japan has been making efforts to [...]

Fashion, Art Worlds Increasingly Interwoven

Fashion, Art Worlds Increasingly Interwoven

SEOUL, Apr. 22 (Korea Bizwire) — The scope of collaboration between fashion and art is expanding day by day. Fashion companies release products featuring works of artists such as painters and photographers. Furthermore, cultural marketing campaigns that utilize works and designs of famous artists are emerging. Such an approach can be seen as a strategy [...]

Military Personnel Volunteer as Teachers for ‘Dream Start’ Program

Military Personnel Volunteer as Teachers for ‘Dream Start’ Program

YANGGU, Apr. 22 (Korea Bizwire) — Army soldiers are showing a softer side, volunteering as study room teachers for children from local vulnerable areas. Yanggu County in Gangwon Province will run a “small study room” where six soldiers from the 2nd Infantry Division will be invited as instructors to teach children as part of the [...]

Internet-only Banks Most Popular Among White-collar Workers

Internet-only Banks Most Popular Among White-collar Workers

SEOUL, Apr. 22 (Korea Bizwire) — A recent study revealed that people who make an average monthly salary of between 4-5 million won (US$3,500-4,400) form the largest group to use internet-only banks, and that white-collar workers are relatively more dependent on these types of financial institutions. The Korea Information Society Development Institute announced on Sunday [...]

Samsung to Collect Old Mobile Phones in 25 Countries for Environmental Protection

Samsung to Collect Old Mobile Phones in 25 Countries for Environmental Protection

SEOUL, Apr. 22 (Korea Bizwire) — Samsung Group will lead a worldwide program for environmental protection in 25 countries as the company celebrates Earth Day on April 22. Thirteen Samsung subsidiaries including Samsung Electronics Co., Samsung Display Co., Samsung SDI CO. and others will participate in a six-week program to collect old mobile phones from [...]

Money-losing E-commerce Operators Face Critical Test in S. Korea

Money-losing E-commerce Operators Face Critical Test in S. Korea

SEOUL, Apr. 22 (Korea Bizwire) — E-commerce is thriving in South Korea on the back of fast delivery and competitive pricing, but mounting losses by major operators are raising questions whether their business models are sustainable in the face of increasingly toughening competition, industry insiders said Monday. The e-commerce industry has seen explosive growth in [...]

Young S. Koreans Think Male-only Mandatory Military Service is Gender Discrimination

Young S. Koreans Think Male-only Mandatory Military Service is Gender Discrimination

SEOUL, Apr. 19 (Korea Bizwire) — Two out of three South Korean men in their twenties consider male-only mandatory military service to be a form of gender discrimination. The Korean Women’s Development Institute (KWDI) conducted a survey last year on 3,000 men between 19 and 59 years of age, with 72.2 percent of the respondents [...]

S. Korea to Create ‘Negative Zones’ to Allow Service Sector Businesses in Industrial Complexes

S. Korea to Create ‘Negative Zones’ to Allow Service Sector Businesses in Industrial Complexes

SEOUL, Apr. 19 (Korea Bizwire) — The South Korean government plans to introduce ‘Negative Zones’ that lift restrictions on the types of businesses that can operate in an industrial complex. The new initiative, for instance, will allow industrial complexes that used to accept only one kind of business, such as manufacturing companies, to open up [...]