SEOUL, April 19 (Korea Bizwire) – Phishing scams involving instant messages in South Korea spiked in 2021 due to increased not-in-person activities amid the coronavirus pandemic, data showed Tuesday. The amount of damages from messenger phishing came to 99.1 billion won (US$80.3 million) last year, up 166 percent from the previous year, according to the [...]
SEOUL, April 19 (Korea Bizwire) — Hyundai Motor Co. is set to launch into a community-based non-fungible token (NFT) market. The South Korean auto giant on Monday disclosed the “Metamobility Universe” video that introduces its own NFT concept through YouTube. In collaboration with a popular NFT character “Meta Kongz,” the company plans to issue 30 [...]
SEOUL, April 18 (Korea Bizwire) – Car insurers in South Korea turned to a profit in 2021 for the first time in four years thanks to a pandemic-caused fall in loss rates and a rise in insurance premiums and subscribers, data showed Monday. According to the data by the Financial Supervisory Service (FSS), 12 car [...]
SEOUL, April 15 (Korea Bizwire) — Son Heung-min has seen his Instagram followers break the 6 million milestone. The South Korean star for Tottenham Hotspur uploaded a post on his Instagram account on Thursday celebrating 6 million followers. “I am truly happy to be able to share what I think is invaluable with so many [...]
SEOUL, April 15 (Korea Bizwire) — Rising temperatures over the next decades are expected to make conditions for cultivating apples increasingly unfavorable in South Korea. The Rural Development Administration ran the Intergovernmental Panel on Climate Change (IPCC)’s 2020 report on the climate change scenario (SSP5-8.5) to see the change it may bring to the country’s [...]
SEOUL, April 15 (Korea Bizwire) — South Korea’s car exports fell 7.7 percent in March due mainly to the continued shortage of automotive chips and supply disruptions of car parts in China amid the COVID-19 pandemic, data showed Friday. Outbound shipments of automobiles stood at 179,630 units last month, compared with 194,562 units a year [...]
SEOUL, April 15 (Korea Bizwire) — LG Electronics Inc. said Thursday that it will release a robot for non-contact disinfection work in the domestic market. LG’s CLOi UV-C Bot is a robot best-optimized for non-contact disinfection work for buildings with abundant separate spaces, including hotels and hospitals. Its key strength is its ability to carry [...]
SEOUL, April 14 (Korea Bizwire) — As flight travel is making a comeback, more people are choosing to fly longer distances rather than visiting close, neighboring countries for travel. Major online shopping malls Gmarket and Auction studied big data related to overseas travel package sales in the last 30 days (March 11 to April 10), [...]
SEOUL, April 14 (Korea Bizwire) — The overall perception that golf is a luxury sport has halved over the past 30 years, a survey showed Wednesday. Gallup Korea conducted a survey of 1,004 South Koreans over 18 years of age, 36 percent of whom believed that golf is a luxurious sport. Another 59 percent believed [...]
SEOUL, April 14 (Korea Bizwire) — South Korea’s total population has started to decline amid low childbirths, but the number of foreigners here is forecast to continue to increase to make up of 4.3 percent of the population in 2040, a report showed Thursday. After peaking at 51.84 million in 2020, the country’s total population [...]