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Majority of South Korean Companies Favor Raising Retirement Age, Survey Finds

Majority of South Korean Companies Favor Raising Retirement Age, Survey Finds

SEOUL, Oct. 22 (Korea Bizwire) – As discussions about extending the retirement age gain momentum in South Korea, a recent survey reveals that 8 out of 10 companies view such a change positively. The push for this shift comes as the nation grapples with a shrinking working-age population and improvements in the health of older adults.  [...]

Work-Life Balance Remains Elusive for South Korean Workers, Survey Finds

Work-Life Balance Remains Elusive for South Korean Workers, Survey Finds

SEOUL, Oct. 22 (Korea Bizwire) – A recent survey has shed light on the persistent challenge of maintaining work-life balance in South Korea’s demanding corporate culture, with two out of three office workers reporting they receive work-related communications even after leaving the office.  The survey, conducted by Global Research on behalf of the workplace rights organization [...]

North Korean Broadcasts Torment Residents in South Korean Border Town

North Korean Broadcasts Torment Residents in South Korean Border Town

PAJU, Oct. 22 (Korea Bizwire) – For over 20 days, residents of Paju, a city in Gyeonggi Province bordering North Korea, have been subjected to an unrelenting barrage of psychological warfare. The weapon: loudspeakers blaring an cacophony of animal cries, ghostly wails, and other unsettling sounds across the Demilitarized Zone.  On October 21, Paju Mayor Kim [...]

LG Electronics Rolls Out EV Chargers with Fire-Prevention Tech to Boost Safety

LG Electronics Rolls Out EV Chargers with Fire-Prevention Tech to Boost Safety

SEOUL, Oct. 22 (Korea Bizwire) – LG Electronics is ramping up its efforts in the electric vehicle (EV) charging market by introducing advanced safety features to its slow chargers, aiming to alleviate customer concerns and accelerate its domestic EV charging business.  The company announced on October 21 that it will implement a dual safety system to [...]

South Korean Physicist Makes Breakthrough in Non-Invasive Blood Sugar Testing

South Korean Physicist Makes Breakthrough in Non-Invasive Blood Sugar Testing

SEOUL, Oct. 22 (Korea Bizwire) – Lee Ki-jin, a physics professor at Sogang University known for declining a blank check offer from Chinese tech giant Huawei, has recently made headlines for a different reason: a breakthrough in non-invasive blood glucose monitoring. Lee, also recognized as the father of K-pop star CL from the group 2NE1, has [...]

Samsung Electronics Faces Crisis as Semiconductor Dominance Wanes

Samsung Electronics Faces Crisis as Semiconductor Dominance Wanes

SEOUL, Oct. 21 (Korea Bizwire) – In a rare admission of weakness, Samsung Electronics has acknowledged internal problems affecting its semiconductor business, marking a formal recognition of the crisis that has been brewing throughout the year. The head of Samsung’s semiconductor division, Kyung Kye-hyun, expressed remorse for the company’s weakening technological competitiveness, conceding that the issues [...]

In South Korea, Looks Matter for Second Marriages

In South Korea, Looks Matter for Second Marriages

SEOUL, Oct. 21 (Korea Bizwire) – In South Korea, where remarriage rates are on the rise, divorced singles seeking new partners are placing significant emphasis on appearance during initial meetings, with clothing and facial expressions emerging as key factors in forming first impressions.  A recent survey conducted by Only You, a matchmaking company specializing in remarriages, [...]

Korean Studies Gains Momentum in British Universities, Bridging Cultures and Careers

Korean Studies Gains Momentum in British Universities, Bridging Cultures and Careers

LONDON, Oct. 21 (Korea Bizwire) – In the United Kingdom, the field of Korean Studies is experiencing a significant upswing, with graduates increasingly finding diverse career paths and contributing to cultural diplomacy. Deborah Smith, the translator who brought Nobel laureate Han Kang’s “The Vegetarian” to international acclaim, exemplifies this trend. Smith, a graduate of the School [...]

South Korea’s ‘Premium’ Grape Faces Market Saturation and Quality Concerns

South Korea’s ‘Premium’ Grape Faces Market Saturation and Quality Concerns

SEOUL, Oct. 21 (Korea Bizwire) – The Shine Muscat grape, once hailed as a premium fruit in South Korea, has seen a significant price drop in recent weeks. This decline is attributed to a surge in farm production and an influx of lower-quality produce flooding the market, according to industry experts. Data from the Korea Agro-Fisheries [...]

Hyundai’s N Brand Launches Global E-Sports Tournament, Expanding into Virtual Racing

Hyundai’s N Brand Launches Global E-Sports Tournament, Expanding into Virtual Racing

SEOUL, Oct. 21 (Korea Bizwire) – Hyundai Motor Company’s high-performance division, Hyundai N, is making a bold move into the world of e-sports with the announcement of its global virtual racing competition, the Hyundai N Virtual Cup. The announcement came on October 20 at the ADAC Sim Racing Expo in Dortmund, Germany, marking a significant step [...]