SEOUL, Sept. 28 (Korea Bizwire) – The Seoul Metropolitan Government announced on Wednesday that it will standardize the Chinese translation of kimchi as xinqi on the menus of restaurants in major tourist spots. This decision follows an increase in the number of Chinese tourists visiting major tourist spots like Myeongdong, facilitated by the Chinese government’s approval [...]
SEOUL, Sept. 28 (Korea Bizwire) – Samsung Engineering announced on Wednesday that it had received a $19.5 million FEED (Front End Engineering Design) contract for a petrochemical plant in Saudi Arabia. The project, commissioned by Alujain National Industrial Co., involves the basic design of a propane dehydrogenation (PDH) plant with an annual capacity of 600,000 tons [...]
SEOUL, Sept. 28 (Korea Bizwire) – The number of babies born in South Korea in July hit a record low, dropping below 20,000 for the first time ever. This data comes from the July population trends report released by Statistics Korea on September 27. In July, there were 19,102 live births, marking a 6.7 percent decrease [...]
SEOUL, Sept. 28 (Korea Bizwire) – SK Telecom held a press conference this week at T Tower’s Supex Hall to announce its goal of becoming a major player in the global AI industry. The company aims to boost its competitiveness in AI and collaborate across various sectors. While SK Telecom, the leading wireless carrier in the [...]
SEOUL, Sept. 28 (Korea Bizwire) – A recent study conducted by the Korea Disease Control and Prevention Agency (KDCA) looked at emergency room visits for poisoning that happened over the course of a year, from June 1 last year to May 31 of this year, and revealed some alarming trends. Researchers queried data from 15 emergency [...]
SEOUL, Sept. 27 (Korea Bizwire) – Four out of every 10 South Koreans who live alone rent their homes and spend an average of 300,000 won per month on rent. These individuals prefer ordering food for delivery and eating ready-to-eat meals that require little preparation. According to a report titled “How Single-Person Households Spend Money Based [...]
SEOUL, Sept. 27 (Korea Bizwire) – Samsung Electronics has achieved a groundbreaking milestone by successfully developing a Low Power Compression Attached Memory Module (LPCAMM), a next-generation memory solution based on low-consumption DRAM technology. This achievement is poised to reshape the landscape of the next-generation PC market, including notebooks and mini-PCs, due to its remarkable potential for [...]
SEOUL, Sept. 27 (Korea Bizwire) – In a groundbreaking test of terahertz (THz) band wireless data transmission within the 6G spectrum, LG Electronics has achieved a remarkable feat, successfully transmitting and receiving data over a distance of 500 meters in an urban environment, setting a new world record. The impressive results of this achievement were announced [...]
SEOUL, Sept. 27 (Korea Bizwire) – Naver, the largest web portal in South Korea, revamped its news service on Tuesday, including shutting down the comments section for suicide-related articles. Naver announced that as part of its efforts to foster a healthy online environment, it would exclude the comments and recommendation sticker services for articles recognized by [...]
SEOUL, Sept. 27 (Korea Bizwire) – A recent survey revealed that approximately eight out of 10 South Koreans over the age of 65 do not want to live with their children. Even during their old age, 70 percent of the elderly individuals said they were still preparing for their retirement and wanted to enjoy hobbies, travel, [...]