SEOUL, Apr. 1 (Korea Bizwire) — Samsung Electronics has overtaken IBM as the holder of the most U.S. patents as of the start of this year, data showed Sunday. The South Korean tech firm owned 75,596 U.S. patents, outdoing the No. 2 IBM by nearly 1.6 times, as of Jan. 1, according to the top [...]
SEOUL, Mar. 30 (Korea Bizwire) — Obese people are more susceptible to contracting diabetes than those who are not, a survey showed Friday. Obese people have a 156 percent greater chance of contracting diabetes than those who are not obese, according to the survey of 51,405 people carried out by a research team led by [...]
SEOUL, Mar. 29 (Korea Bizwire) — Malaysia is the No. 1 destination for South Korean small and medium-sized firms exporting halal food, a survey showed Thursday. Halal food refers to food products that are prepared in a specific way according to Islamic Sharia law, which covers not only meat but also fruits and vegetables. Malaysia [...]
SEOUL, Mar. 28 (Korea Bizwire) — Couples who purchase a home or live rent free early on in their marriage tend to have more children, a report showed Wednesday, indicating a correlation between housing and family planning. According to the report by Korea Institute for Health and Social Affairs, 54.7 percent of newlyweds live in [...]
SEOUL, Mar. 27 (Korea Bizwire) – South Koreans who are in their 20s and 30s are familiar with cryptocurrencies and willing to invest in them amid the recent craze for the new type of digital money, a survey showed Tuesday. Some 21.6 percent of 2,511 respondents said they are conscious of cryptocurrencies, with the number soaring to [...]
SEOUL, March 23 (Korea Bizwire) — South Koreans in the earlier stages of life are worriers, while those nearing or in their twilight years harbor feelings of dissatisfaction with their lives, according to Statistics Korea’s study on South Korean society in 2017. In addition, participation in volunteering activities and charitable giving is on a gradual [...]
SEOUL, Mar. 22 (Korea Bizwire) — South Korea’s population is expected to decline after 2032 due to low birthrates, government data showed Thursday, a development that could hurt the country’s growth potential. The population of Asia’s fourth largest economy stood at 51.45 million in 2017 and is projected to reach peak at 52.95 million in [...]
SEJONG, March 22 (Korea Bizwire) — After years of steady decline, the number of marriages between a South Korean national and a foreign citizen increased in 2017 thanks to a surge in men wedded to Thai women last year. Per Statistics Korea, 20,800 South Korean-foreigner couples tied the knot last year, 1.2 percent more than [...]
SEOUL, Mar. 21 (Korea Bizwire) — Nearly 1 in 5 South Koreans has suffered from financial fraud or nearly fallen prey to financial scams, a poll showed Wednesday. According to the survey of 2,530 people, 2.6 percent of the respondents said they had fallen victim to voice phishing, Ponzi schemes and other financial scams at [...]
SEOUL, March 20 (Korea Bizwire) — While certain elements of day-to-day living have improved according to non-Korean staff employed at foreign-invested enterprises, there appears to be plenty of areas where South Korea can do better, as a recent KOTRA study found only 27.3 percent (300 foreigners employed at foreign-invested enterprises) expressed satisfaction with the management [...]