SEOUL, Jun. 4 (Korea Bizwire) – A household headed by someone in their 20s would need to save for 86.4 years to afford an apartment in Seoul through savings alone, according to a new analysis that highlights the daunting challenges facing the younger generation in the country’s real estate market. The study, released on June 3 [...]
SEJONG, Jun. 4 (Korea Bizwire) – The proportion of employed South Korean women holding low-skilled manual labor positions more than triples after marriage, highlighting how career interruptions for childbirth and child-rearing contribute to a deterioration in job quality, experts say. According to microdata from Statistics Korea’s Economically Active Population Survey, there were 2,079,000 women in elementary [...]
SEOUL, Jun. 3 (Korea Bizwire) – LG Electronics is introducing a new refrigerator brand called STEM that directly connects to a water line to produce purified water and ice. The company plans to expand the STEM lineup to more than half of its premium French-door refrigerator models and position it as a driving force for its [...]
SEOUL, June 1 (Korea Bizwire) –The video-sharing app YouTube accounts for a staggering one-third of the time South Koreans spend on their smartphones, cementing Google’s powerful presence in the country’s mobile market through its singular hit platform. According to app analytics firm Wiseapp, South Korean smartphone users spent 33.6% of their total device usage, or [...]
SEOUL, May 31 (Korea Bizwire) – A towering new public art installation, standing 32 meters tall, is set to become a landmark in the heart of Seoul. On May 30, the Seoul Metropolitan Government announced that it would be holding an opening ceremony at 3:30 p.m. on May 31 for the “Rain Veil” artwork at the [...]
DAEJEON, May 31 (Korea Bizwire) – In an emulation of the sky’s ultimate predator, scientists have developed an object detection camera that mimics the structure and capabilities of an eagle’s eye, including the ability to perceive ultraviolet light. The Center for Multidimensional Carbon Materials at the Institute for Basic Science (IBS) announced on May 30 that [...]
GEOJE, May 31 (Korea Bizwire) – The city of Geoje is elevating its signature Okpo Naval Battle Festival, commemorating Admiral Yi Sun-sin’s inaugural triumph against Japanese invaders in 1592, with an expanded scale and diverse array of programs, officials announced on May 30. The 62nd edition of the festival will take place from June 14 to [...]
SEOUL, May 30 (Korea Bizwire) — Samsung Electronics said Thursday its new artificial intelligence-powered laptop will be available globally next month as part of its plans to lead the AI era. Powered by Qualcomm’s Snapdragon X Elite, a next-generation processor, the Galaxy Book 4 Edge features both on-device and cloud AI capabilities. These include real-time [...]
SEOUL, May 30 (Korea Bizwire) — Seoul has about 612,000 registered pet dogs, accounting for 1 in every 10 households, with Maltese being the most common breed, a report showed Thursday. The Seoul Digital Foundation, affiliated with the Seoul city government, released the report based on pet dogs registered with the city in accordance with [...]
SEOUL, May 30 (Korea Bizwire) – A multiyear nationwide study that analyzed sewage for traces of illicit drugs found that methamphetamine was detected at every wastewater treatment plant surveyed across South Korea, suggesting prevalent use, health authorities said May 29. The investigation provides one of the most comprehensive looks yet at narcotics consumption patterns in the [...]