SEOUL, April 12 (Korea Bizwire) — The Korea Baseball Organization (KBO) clubs are stepping up to attract fans through various marketing strategies as the government lifts quarantine restrictions. NC Dinos will introduce an artificial intelligence (AI) system named Dynamic Pricing this year, which will be in charge of setting ticket prices for home games. Ticket [...]
SEOUL, April 12 (Korea Bizwire) — With gasoline prices setting records, compact cars are regaining popularity in South Korea. According to the sales records of the nation’s five major carmakers, sales of compact cars reached 30,189 units in the first quarter of this year, up 34.5 percent from a year ago. This figure is in [...]
SEOUL, April 11 (Korea Bizwire) — Food and beverage manufacturers are complaining that the government’s upcoming policy requiring companies to pay a deposit for using a designated number of disposable plastic cups, aimed at raising the waste recycling rate, imposes the cost on the companies only. The new policy will require companies to request the number [...]
SEOUL, April 11 (Korea Bizwire) — Diesel cars are gradually being sidelined as electric vehicles (EVs) and other eco-friendly vehicles are gaining popularity and the price of diesel continues to skyrocket after the breakout of the war in Ukraine. Opinet, an oil prices information provider operated by the state-run Korea National Oil Corp., reported that [...]
SEOUL, April 11 (Korea Bizwire) — The Seoul Metropolitan Government has begun a trial of a new artificial intelligence (AI) food scanner at cafeterias inside Seoul City Hall and Seosomun Annex for the reduction of food waste. The food scanner automatically calculates the amount of leftover food by scanning plates at the return stand. The [...]
SEOUL, April 8 (Korea Bizwire) — Hyundai Motor Co. is leading Brazil’s automobile market, despite an overall slump in sales due to the COVID-19 pandemic. Brazil’s vehicle distribution federation Fenabrave reported that Hyundai sold 18,761 units of HB20 compact car, a model exclusive to the South American market, in the first quarter of this year [...]
SEOUL, April 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday it will open up a series of offices through Sphere, the company’s dedicated workspace, in Seoul, Ilsan and Bundang, on the outskirts of Seoul. SK Telecom staff will be able to access these workspaces without ID cards thanks to [...]
SEOUL, April 8 (Korea Bizwire) — South Korean shipbuilder Samsung Heavy Industries Co. said Thursday that it had signed a memorandum of understanding with Danish startup Seaborg Technologies to develop floating nuclear power plants. The two parties intend to develop a floating nuclear power plant on the basis of compact molten salt reactor (CMSR), a [...]
SEOUL, April 7 (Korea Bizwire) — Almost half of all Seoulites in their 20s and 30s are exposed to a considerable level of stress due to relationships or personal finances. Those who are struggling with employment were more likely to be getting less sleep. The Seoul Metropolitan Government conducted a survey of 14,000 city residents [...]
SEOUL, April 7 (Korea Bizwire) — Swimsuit and beachwear sales are soaring as an increasing number of people are planning to travel overseas after the government lifted its two-week mandatory quarantine policy for all travelers entering the country. Online shopping mall Auction reported a 337-percent increase in female water leggings sales between March 12 and [...]