The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
SEOUL, July 10 (Korea Bizwire) – Unionized workers at Samsung Electronics Co., staging the biggest labor action in the technology giant’s 55-year history, declared an “indefinite general strike” Wednesday, stepping up pressure over their demand for a pay raise. After a three-day strike scheduled to come to an end Wednesday, the National Samsung Electronics Union [...]
SEOUL, Jul. 10 (Korea Bizwire) – In a bid to capture the attention of younger consumers, South Korea’s home shopping industry is racing to produce short-form content, leveraging artificial intelligence to transform hour-long live broadcasts into bite-sized videos for mobile apps and YouTube. Leading the charge, Shinsegae Live Shopping announced on July 9 that it would [...]
SEOUL, Jul. 10 (Korea Bizwire) — A global biotechnology exhibition opened in Seoul on Wednesday with the aim of helping local businesses make inroads into the global market, officials said. The Bioplus-International Pharmaceutical and Manufacturing Expo Korea kicked off in Seoul for a three-day run, inviting 250 businesses from 15 countries, including Samsung Biologics Co. [...]
SEOUL, Jul. 10 (Korea Bizwire) – Samsung C&T Corporation, a major player in South Korea’s construction industry, is set to revolutionize home automation by introducing a service that controls various Internet of Things (IoT) devices from different brands through its proprietary home platform application, Homeniq. The construction division of Samsung C&T announced on July 9 that [...]
SEOUL, Jul. 9 (Korea Bizwire) – In a bold move to bolster its artificial intelligence industry, the South Korean government has announced plans to release a wide range of personal data to businesses, researchers, and the public this year. The data, which will undergo pseudonymization, includes sensitive information such as college entrance exam scores, medical records, [...]
SEOUL, Jul. 9 (Korea Bizwire) — Texas Governor Greg Abbott visited Samsung Electronics Co.’s semiconductor facility in South Korea on Tuesday, expressing his appreciation for the company’s investments in the U.S. state. He toured Samsung’s Pyeongtaek Campus, located approximately 60 kilometers south of Seoul, looking around the chip production line and various products, according to [...]
SEOUL, Jul. 9 (Korea Bizwire) – In an unprecedented move, Samsung Electronics’ largest labor union, the National Samsung Electronics Union (NSEU), launched a three-day general strike on July 8, marking the first time in the company’s history that employees have engaged in a “no work, no pay” strike. With over 6,500 union members participating, concerns are [...]
SEOUL, Jul. 8 (Korea Bizwire) – In a surprising turn of events, private label (PB) home appliances are making significant inroads into the South Korean market, traditionally dominated by major corporate brands. This trend, driven by cost-conscious consumers amid high inflation, is reshaping the landscape of the home appliance industry. A prime example of this shift [...]
SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s major mobile carrier, said Monday it will join hands with Singapore’s leading telecommunications company, Singtel, to improve their next-generation network technologies as part of efforts to take the helm of the global telco market. Under the memorandum of understanding, SK Telecom and Singtel will [...]
SEOUL, July 7 (Korea Bizwire) – Unionized workers of Samsung Electronics Co. are set to stage a three-day general strike this week as their negotiations with the management over wages and working conditions fell through. The National Samsung Electronics Union (NSEU), the biggest labor union with 28,000 members, announced plans for the Monday-Wednesday strike last [...]