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Over 60 Pct of Large Firms Expect Exports to Grow in H2: Survey

Over 60 Pct of Large Firms Expect Exports to Grow in H2: Survey

SEOUL, Jul. 1 (Korea Bizwire) — Over 60 percent of large companies in South Korea predict the country’s exports to see on-year growth during the second half of the year, according to a poll released Monday. According to the survey conducted recently by polling agency Mono Research on the top 1,000 domestic companies in terms [...]

Drone Usage in South Korea Soars Ninefold in Five Years

Drone Usage in South Korea Soars Ninefold in Five Years

SEOUL, Jul. 1 (Korea Bizwire) – The number of registered drones in South Korea has increased ninefold over the past five years, reflecting their growing popularity for various applications including package delivery, search operations, and video filming. According to data released on June 30 by the Korea Transportation Safety Authority, there were 59,871 registered drones in [...]

South Korea’s Largest West Coast Beach Opens for Summer Season, Featuring Mud Festival and Pet-Friendly Areas

South Korea’s Largest West Coast Beach Opens for Summer Season, Featuring Mud Festival and Pet-Friendly Areas

BORYEONG, Jul. 1 (Korea Bizwire) – Daecheon Beach, the largest beach on South Korea’s west coast, opened its shores to vacationers on June 29, kicking off a 51-day summer season that promises a mix of traditional beach activities and unique cultural experiences.  Located in Boryeong, South Chungcheong Province, Daecheon Beach will welcome visitors until August 18, [...]

LG Electronics Unveils Advanced Wireless OLED TVs for 2024

LG Electronics Unveils Advanced Wireless OLED TVs for 2024

SEOUL, June 30 (Korea Bizwire) –LG Electronics announced on June 30 that it will launch its 2024 lineup of wireless OLED TVs featuring improved wireless transmission technology in both domestic and international markets.   The new models boast significant improvements over their predecessors. The maximum refresh rate for 4K resolution has been increased from 120Hz [...]

Job Hunting and Exam Prep Lead Many South Koreans to Skip Summer Vacations, Survey Finds

Job Hunting and Exam Prep Lead Many South Koreans to Skip Summer Vacations, Survey Finds

SEOUL, Jun. 28 (Korea Bizwire) – A recent survey has revealed that a significant portion of South Koreans are opting out of summer vacations, with job hunting and exam preparation cited as the primary reasons.  The study, conducted by EduWill, a comprehensive education company, surveyed 197 adults aged 20 to 40 over a seven-day period ending [...]

Surge in Unmarried Young Adults in South Korea as Demographic Shifts Accelerate

Surge in Unmarried Young Adults in South Korea as Demographic Shifts Accelerate

SEJONG, Jun. 28 (Korea Bizwire) – A recent analysis by Statistics Korea’s Statistics Research Institute reveals that approximately four out of five young adults in South Korea are unmarried, with the rate of singlehood among those in their early to mid-30s tripling over the past two decades. The report, titled “How Has the Face of South [...]

Rafting Season Returns to South Korea’s Naerincheon River

Rafting Season Returns to South Korea’s Naerincheon River

INJE, Jun. 28 (Korea Bizwire) – The picturesque Naerincheon River in Inje County, Gangwon Province, is once again bustling with activity as the annual rafting season begins.  According to Inje County officials, more than 30 rafting companies have completed their preparations and are now fully operational, ready to welcome thrill-seekers and nature enthusiasts alike.  The Naerincheon [...]

Hyundai Unveils Casper Electric, Aiming to Democratize Electric Vehicles

Hyundai Unveils Casper Electric, Aiming to Democratize Electric Vehicles

BUSAN, Jun. 26 (Korea Bizwire) –Hyundai Motor Company has lifted the veil on its Casper Electric vehicle at the Busan Mobility Show, presenting what it calls a new standard for electrification and reaffirming its commitment to a hydrogen-based ecosystem. The South Korean automaker announced on June 27 that it would participate in the show, running [...]

SK E&S Unveils South Korea’s First Liquid Hydrogen Refueling Station in Gyeonggi Province

SK E&S Unveils South Korea’s First Liquid Hydrogen Refueling Station in Gyeonggi Province

SEOUL, Jun. 26 (Korea Bizwire) –In a significant step towards a hydrogen-powered future, SK E&S announced on June 27 the completion of South Korea’s first liquid hydrogen refueling station in Gyeonggi Province. The facility, the Icheon Daeheung Liquid Hydrogen Refueling Station, was inaugurated in Daewol-myeon, Icheon. The station is operated by SK Plug Hyverse (Hyverse), [...]

Samsung and KB Kookmin Card Launch IoT-Enabled Credit Card with Tracking Technology

Samsung and KB Kookmin Card Launch IoT-Enabled Credit Card with Tracking Technology

SEOUL, Jun. 26 (Korea Bizwire) – Samsung Electronics announced on June 27 that it has partnered with KB Kookmin Card to introduce an innovative Internet of Things (IoT) credit card, leveraging low-energy Bluetooth (BLE) technology and Samsung’s SmartThings Find service. SmartThings Find is a specialized service that allows users to locate various Samsung devices, including Galaxy [...]