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“Leisure Sports City”: Chuncheon to Host National Leisure Sports Festival

“Leisure Sports City”: Chuncheon to Host National Leisure Sports Festival

CHUNCHEON, Aug. 23 (Korea Bizwire) – Referred to as “Lake City” for its proximity to water, the city of Chuncheon in Gangwon Province is aiming to adopt a new moniker with its National Leisure Sports Festival to be held on August 25. Chuncheon’s road to becoming a domestic hub of leisure sports is a winding [...]

President Orders Special Probe into Military Crackdown on 1980 Gwangju Uprising

President Orders Special Probe into Military Crackdown on 1980 Gwangju Uprising

SEOUL, Aug. 23 (Korea Bizwire) — President Moon Jae-in ordered his defense chief Wednesday to launch a special probe into a military crackdown against the 1980 pro-democracy protests in Gwangju, specifically to verify whether the then military junta considered a possible air strike. “President Moon today ordered Defense Minister Song Young-moo to launch a special [...]

LG Electronics to Build EV-parts Factory in U.S.

LG Electronics to Build EV-parts Factory in U.S.

SEOUL, Aug. 23 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. said Wednesday it will build a factory for the production of electric-vehicle (EV) parts in the United States with an estimated US$25 million, tapping deeper into the vehicle-components business. The construction of the plant in Hazel Park, near the industrial city of [...]

Pesticide Egg Scandal a Blessing in Disguise for Farm Animals

Pesticide Egg Scandal a Blessing in Disguise for Farm Animals

SEOUL, Aug. 22 (Korea Bizwire) – In the wake of South Korea’s pesticide egg scandal, popular unrest and indignation has fomented a change in attitudes that may not have been possible in ordinary times. As of the date of this article, none other than the president has spoken out about the need for reform. Reform [...]

Samsung Electronics, SK Hynix Create 200 Million Won Fund for Semiconductor Industry

Samsung Electronics, SK Hynix Create 200 Million Won Fund for Semiconductor Industry

SEOUL, Aug. 22 (Korea Bizwire) – The Korea Semiconductor Industry Association (KSIA) announced today that an investment forum specially devoted to the nurturing of startups and venture capital firms in the semiconductor industry will be launched in the near future. The purpose of the forum is to offer a variety of services such as management [...]

Naver’s Wave AI Speaker Looks Nice, but Performance Doesn’t Stand Out

Naver’s Wave AI Speaker Looks Nice, but Performance Doesn’t Stand Out

SEOUL, Aug. 22 (Korea Bizwire) — Wave, a ‘smart’ speaker that is the first AI gadget developed by South Korean web giant Naver, has received much attention for the massive investment the company made in its development, having chosen artificial Intelligence as the key technology of the next generation.   The main functions of Wave include [...]

PyeongChang, U.S. Olympic Body Launch Youth Mentorship Program

PyeongChang, U.S. Olympic Body Launch Youth Mentorship Program

SEOUL, Aug. 22 (Korea Bizwire) — The organizing committee for the 2018 PyeongChang Winter Olympics and the United States Olympic Committee (USOC) on Tuesday announced their launch of a Korean youth mentorship program. In a statement, the organizations said the goodwill campaign is part of the USOC’s “Thank You, PyeongChang” initiative, designed to “contribute to [...]