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Half of Korean Startups Fear Negative Impact of Trump’s Second Term Policies

Half of Korean Startups Fear Negative Impact of Trump’s Second Term Policies

SEOUL, Dec. 24 (Korea Bizwire) — A recent survey revealed that over half of Korean startups anticipate adverse effects on their businesses from the policies of Donald Trump’s second presidential term. The findings highlight concerns over protectionism, supply chain nationalism, and currency fluctuations. According to a poll conducted by the Korea Venture Business Association (KOVA) of [...]

LG Uplus Tops Customer Satisfaction Among IPTV Providers in South Korea

LG Uplus Tops Customer Satisfaction Among IPTV Providers in South Korea

SEOUL, Dec. 24 (Korea Bizwire) — LG Uplus emerged as the leading IPTV provider in South Korea in terms of user satisfaction, outperforming competitors SK Broadband and KT, according to the Ministry of Science and ICT’s 2024 Pay-TV Quality Evaluation Report released on December 23. LG Uplus scored 67.7 points in service-stage satisfaction, narrowly surpassing SK [...]

South Korea’s Human Rights Watchdog Rules Firefighter’s Job Exclusion Was Gender Discrimination

South Korea’s Human Rights Watchdog Rules Firefighter’s Job Exclusion Was Gender Discrimination

  SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s National Human Rights Commission (NHRC) has determined that excluding a female firefighter from driving a large vehicle due to her gender constitutes discrimination. The decision follows a complaint filed by the firefighter, identified as Ms. A, who works at a fire station in Incheon. Ms. A alleged [...]

Tesla Reshapes South Korea’s Import Car Market, Challenges Traditional Leaders

Tesla Reshapes South Korea’s Import Car Market, Challenges Traditional Leaders

SEOUL, Dec. 23 (Korea Bizwire) — In 2024, South Korea’s import car market has shifted from its traditional “Big Four” structure to a “Big Three,” driven by Tesla’s remarkable sales growth. BMW and Mercedes-Benz continued their rivalry for the top spot, while Tesla secured third place for the first time with sales nearly doubling from 2023. [...]

Korean Manufacturing and Exports Face Mounting Challenges Amid Global and Domestic Uncertainty

Korean Manufacturing and Exports Face Mounting Challenges Amid Global and Domestic Uncertainty

SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s manufacturing and export sectors, the backbone of its economy, are bracing for significant challenges in early 2025 due to rising global trade tensions and domestic political instability. Concerns are growing over protectionist policies from major economies, particularly under the incoming Trump administration, and a leadership void in [...]

South Korea Faces Rising Obesity and E-Cigarette Usage, Despite Gains in Physical Activity

South Korea Faces Rising Obesity and E-Cigarette Usage, Despite Gains in Physical Activity

SEOUL, Dec. 23 (Korea Bizwire) — South Korea is grappling with a surge in obesity and e-cigarette use, even as traditional smoking declines and physical activity rates improve, according to a nationwide health survey released by the Korea Disease Control and Prevention Agency (KDCA). The survey, conducted among 230,000 adults across 258 health centers, revealed [...]

Korean Semiconductor Giants See Lower Expectations for Q4 Earnings Amid Industry Challenges

Korean Semiconductor Giants See Lower Expectations for Q4 Earnings Amid Industry Challenges

SEOUL, Dec. 23 (Korea Bizwire) – The projected fourth-quarter earnings for South Korea’s semiconductor leaders, Samsung Electronics and SK Hynix, have been revised downward as prolonged economic uncertainty weighs on IT demand. A polarized market driven by robust growth in artificial intelligence (AI) chips contrasts sharply with declining legacy semiconductor demand, creating headwinds for the [...]

South Korea Develops Advanced Battlefield Visualization System for Enhanced Combat Communication

South Korea Develops Advanced Battlefield Visualization System for Enhanced Combat Communication

SEOUL, Dec. 23 (Korea Bizwire) — South Korea’s Defense Acquisition Program Administration (DAPA) announced the completion of a cutting-edge “Personal Battlefield Visualization System” on December 23. This system enables individual soldiers to share real-time battlefield information and communicate seamlessly with team members. The system, developed with Hanwha Systems as the primary contractor, leverages personal radios and [...]

Veteran Firefighter Invents Special Stretcher for Child Safety in Ambulances

Veteran Firefighter Invents Special Stretcher for Child Safety in Ambulances

DONGDUCHEON, Dec. 23 (Korea Bizwire) – A South Korean firefighter with two decades of experience has developed a specialized stretcher attachment designed to safely transport children in ambulances.  Lee Soo-jung, a fire lieutenant at the Dongducheon Fire Station, identified a critical gap in emergency medical transport safety. “While child car seats are mandatory in regular vehicles, [...]

Radioactive Contamination Persists in Wild Mushrooms from Eastern Japan

Radioactive Contamination Persists in Wild Mushrooms from Eastern Japan

TOKYO/SEOUL, Dec. 23 (Korea Bizwire) – Fourteen years after the Fukushima Daiichi nuclear disaster, radioactive contamination remains a serious issue for wild mushrooms harvested in eastern Japan, according to a report by Tokyo Shimbun on December 22.  A recent investigation by a local citizens’ group revealed that 28% of 100 wild mushroom samples sourced from [...]