SEJONG, Jun. 28 (Korea Bizwire) – A recent analysis by Statistics Korea’s Statistics Research Institute reveals that approximately four out of five young adults in South Korea are unmarried, with the rate of singlehood among those in their early to mid-30s tripling over the past two decades. The report, titled “How Has the Face of South [...]
BUSAN, Jun. 26 (Korea Bizwire) –Hyundai Motor Company has lifted the veil on its Casper Electric vehicle at the Busan Mobility Show, presenting what it calls a new standard for electrification and reaffirming its commitment to a hydrogen-based ecosystem. The South Korean automaker announced on June 27 that it would participate in the show, running [...]
SEOUL, Jun. 26 (Korea Bizwire) –In a significant step towards a hydrogen-powered future, SK E&S announced on June 27 the completion of South Korea’s first liquid hydrogen refueling station in Gyeonggi Province. The facility, the Icheon Daeheung Liquid Hydrogen Refueling Station, was inaugurated in Daewol-myeon, Icheon. The station is operated by SK Plug Hyverse (Hyverse), [...]
SEOUL, June 27 (Korea Bizwire) – A multipurpose Korea Center has officially opened in New York, marking a significant expansion as a gateway to Korean culture, the culture ministry announced Thursday. “It will serve as a multiplex cultural hub for audiences that provides a window into Korean art, music, film, history, language, literature, and cuisine,” [...]
SEOUL, Jun. 27 (Korea Bizwire) – South Korean vaccine developers are leveraging the expertise gained during COVID-19 vaccine development to accelerate the creation of messenger RNA (mRNA) vaccine platforms. This push has gained momentum following the Korea Disease Control and Prevention Agency’s recent emphasis on domestically producing mRNA vaccine platforms capable of developing vaccines within 100-200 [...]
SEOUL, Jun. 27 (Korea Bizwire) – Samsung Electronics’ Device Solutions (DS) Division, responsible for the company’s semiconductor business, held its semi-annual global strategy meeting on June 26 to discuss ways to secure future competitiveness in the semiconductor industry. The meeting, chaired by DS Division head Kyung Kye-hun, was held at Samsung’s Hwaseong campus in Gyeonggi Province. [...]
SEOUL, Jun. 26 (Korea Bizwire) – Samsung Electronics and LG Electronics are ramping up their efforts to dominate the hotel TV market, showcasing upgraded televisions and specialized solutions at HITEC 2024, the world’s largest hospitality technology show, currently underway in Charlotte, North Carolina. Samsung revealed on June 25 that it has integrated Apple AirPlay functionality into [...]
SEOUL, Jun. 26 (Korea Bizwire) – A new study predicts that South Korea’s declining birth rate and shrinking population could lead to a significant labor shortage in key sectors by 2042, with over 600,000 fewer workers in restaurants and retail compared to 2022 levels. The forecast was presented by professor Lee Chulhee of Seoul National University [...]
SEOUL, Jun. 26 (Korea Bizwire) – Samsung Electronics announced on June 25 that it will add four more languages to its Galaxy AI service, which includes interpretation capabilities, by the end of this year. The on-device real-time interpretation and translation function of Galaxy AI currently supports 16 languages, including Korean, Chinese, English, French, and Japanese. The [...]
SEOUL, Jun. 26 (Korea Bizwire) – The country’s three major telecommunications companies are making a significant presence at Quantum Korea 2024, a premier event bringing together quantum technology experts, academics, industry leaders, and the public to explore the latest research trends and international innovations in the field. The event, held from June 25 to 27 at [...]