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S. Korea Develops Ultra-low-power AI Semiconductors for Servers and Visual Intelligence

S. Korea Develops Ultra-low-power AI Semiconductors for Servers and Visual Intelligence

SEOUL, April 9 (Korea Bizwire) — South Korean researchers have developed a highly efficient artificial intelligence (AI) semiconductor that can be used in high-end servers and Internet of Things (IoT) systems. The Ministry of Science and ICT announced Tuesday that a joint research team from the Electronics and Telecommunications Research Institute (ETRI), SK Telecom Co. [...]

Jeju Island a Popular Honeymoon Destination Once Again Following Virus Outbreak

Jeju Island a Popular Honeymoon Destination Once Again Following Virus Outbreak

JEJU, April 9 (Korea Bizwire) — As South Koreans are essentially banned from travelling overseas due to the coronavirus outbreak, the southern island of Jeju is becoming an increasingly popular honeymoon destination. As more newlyweds are considering spending time on Jeju, local hotels are scrambling to offer wedding packages. The Shilla Jeju’s April sales for [...]

Hospitals Struggling Financially as Patient Numbers Plummet

Hospitals Struggling Financially as Patient Numbers Plummet

SEOUL, April 9 (Korea Bizwire) — A growing number of South Korean hospitals are reporting financial difficulties as their outpatient numbers have dropped significantly due to the COVID-19 outbreak. According to a survey of 62 hospitals conducted by the Korean Medical Association (KMA) the number of outpatients dropped by an average of 16.3 percent (44.5 [...]

Employees at Uniqlo Korea Anxious as CEO Email Mentions ‘Restructuring’

Employees at Uniqlo Korea Anxious as CEO Email Mentions ‘Restructuring’

SEOUL, April 8 (Korea Bizwire) — Experts are anticipating layoffs at the South Korean unit of Japanese fashion retailer Uniqlo, which has been hit hard by last year’s national boycott movement against Japanese products. Chief executive of FRL Korea, an operator of Uniqlo Korea, recently mentioned the term ‘restructuring’ in an email. The email written [...]

S. Korea Developing Localized Hydrogen Fuel Cell Technology

S. Korea Developing Localized Hydrogen Fuel Cell Technology

SEOUL, April 8 (Korea Bizwire) — A local power company has embarked on a project to set up power facilities for hydrogen fuel cells using domestic technology. South Korea’s state-run utility Korea Electric Power Corp. (KEPCO) announced Tuesday that it has extended the hydrogen pipelines installed in the Ulsan Industrial Complex and connected them with [...]