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75% of E-Scooter Accident Victims Weren’t Wearing Helmets, Korean Study Finds

75% of E-Scooter Accident Victims Weren’t Wearing Helmets, Korean Study Finds

SEOUL, Nov. 1 (Korea Bizwire) – In a comprehensive analysis of injury statistics released by South Korea’s Disease Control and Prevention Agency on October 31, data reveals that three-quarters of emergency room patients injured while using personal mobility devices, primarily electric scooters, were not wearing helmets at the time of their accidents.  The findings were published [...]

South Korean Firefighters Push Limits in 101-Floor Stair Climb Challenge

South Korean Firefighters Push Limits in 101-Floor Stair Climb Challenge

BUSAN, Nov. 1 (Korea Bizwire) – On October 30, in Busan’s Haeundae district, 952 firefighters from across the nation converged at the Haeundae LCT The Sharp building for the third annual National Firefighters’ Stair Climb Competition. Set in South Korea’s second-tallest building, the event tested their stamina, requiring each firefighter to climb 2,372 steps from ground [...]

LG Display’s Color Perception Test Becomes Global Industry Standard

LG Display’s Color Perception Test Becomes Global Industry Standard

SEOUL, Oct. 31 (Korea Bizwire) – The International Electrotechnical Commission (IEC) has officially adopted LG Display’s pioneering method for evaluating color perception differences as an international standard, the company announced on October 31. The certification by the IEC, one of the world’s three major standardization organizations recognized by the World Trade Organization, represents a significant milestone [...]

Delivery App Commission Dispute in Korea Remains Unresolved Despite Marathon Negotiations

Delivery App Commission Dispute in Korea Remains Unresolved Despite Marathon Negotiations

SEOUL, Oct. 31 (Korea Bizwire) – After nine rounds of negotiations spanning 100 days, delivery apps and restaurant owners remain deadlocked over commission rates, with positions still far apart at 9.8% versus 5%. The ninth meeting of the Delivery App Coexistence Council, held on October 30, stretched to nearly seven hours including breaks but failed to [...]

Major South Korean Department Stores Unveil Elaborate Christmas Displays for Holiday Season

Major South Korean Department Stores Unveil Elaborate Christmas Displays for Holiday Season

SEOUL, Oct. 31 (Korea Bizwire) – In a coordinated seasonal effort, South Korea’s leading department stores are preparing to transform their spaces into festive wonderlands, with all major retailers set to reveal their Christmas decorations on December 1.  Lotte Department Store announced on October 30 that it will progressively roll out its “Wonderful Showtime” themed decorations [...]

South Korea’s New Car Registrations Plunge to 11-Year Low Amid High Interest Rates, EV Slowdown

South Korea’s New Car Registrations Plunge to 11-Year Low Amid High Interest Rates, EV Slowdown

SEOUL, Oct. 31 (Korea Bizwire) – New car registrations in South Korea have fallen to their lowest level in 11 years during the first three quarters of 2024, according to data released by the Korea Automobile Mobility & Industry Association (KAMA) on October 30. Total new vehicle registrations for January through September reached 1,209,154 units, marking [...]

Brain Supplements Sold Online Found to Contain Banned Substances in South Korea

Brain Supplements Sold Online Found to Contain Banned Substances in South Korea

SEOUL, Oct. 31 (Korea Bizwire) – South Korean authorities have discovered multiple prohibited pharmaceutical ingredients in imported brain health supplements that claim to boost memory and concentration, according to a report released on October 30.  The Korea Consumer Agency and the Ministry of Food and Drug Safety jointly examined 19 foreign-made brain health supplements sold on [...]

Investigation Reveals How Coupang Copied Vendors’ Popular Products for Store Brands

Investigation Reveals How Coupang Copied Vendors’ Popular Products for Store Brands

SEJONG, Oct. 31 (Korea Bizwire) – South Korea’s antitrust regulator has disclosed details of how Coupang, the country’s leading e-commerce platform, analyzed vendors’ product data to develop competing private-label merchandise, according to documents released on October 29.  The Korea Fair Trade Commission (KFTC) revealed in its ruling that Coupang systematically studied suppliers’ production processes and sales [...]

South Korea’s Dental Implant Exports Soar to Record $650 Million, Driven by Global Demand

South Korea’s Dental Implant Exports Soar to Record $650 Million, Driven by Global Demand

SEOUL, Oct. 31 (Korea Bizwire) – South Korea’s dental implant exports have reached a historic milestone, surpassing $650 million this year, according to data released by the Korea Customs Service on October 30. Export figures for the January-September period reached $653 million, marking a 17.4% increase compared to the same period last year and setting a [...]

Korean Research Institute Develops Underwater Laser Technology for Safe Nuclear Reactor Dismantling

Korean Research Institute Develops Underwater Laser Technology for Safe Nuclear Reactor Dismantling

DAEJEON, Oct. 31 (Korea Bizwire) – The Korea Institute of Machinery and Materials (KIMM) announced on October 30 that it has developed an innovative laser cutting technology capable of safely dismantling nuclear reactors underwater. The development comes at a crucial time as South Korea faces an increasing need for reactor dismantling technology, with multiple nuclear power [...]