As geopolitical tensions rise and trade dynamics shift under Trump’s second term, South Korea’s tech titan confronts a pivotal moment. SEOUL, June 17 (Korea Bizwire) — Inside the boardrooms of Samsung Electronics this week, the air is thick with urgency. As the world’s largest memory chipmaker enters its crucial midyear strategy meetings, top executives are navigating [...]
SEOUL, June 17 (Korea Bizwire) — Apple is once again knocking on the doors of the South Korean government, seeking permission to export the country’s highly detailed map data—a request that places Seoul in the middle of a growing tug-of-war between national security and digital globalization. According to officials at the Ministry of Land, Infrastructure [...]
SEOUL, June 17 (Korea Bizwire) — LG Electronics announced Tuesday that it will launch a new AI-powered digital whiteboard in July, aiming to redefine smart education through advanced artificial intelligence features designed to benefit both teachers and students. The new model includes cutting-edge tools such as AI Summary, which condenses video-based teaching content; AI Real-Time [...]
SEOUL, June 17 (Korea Bizwire) — In a striking shift driven by demographic change, South Korea’s workforce participation rate among people aged 60 and older has reached near parity with that of the country’s youth, signaling a new era in the nation’s labor market. According to data released Monday by Statistics Korea, the economic participation rate [...]
SEOUL, June 17 (Korea Bizwire) — A new report warns that South Korea’s elderly population faces a growing “double burden” as rising health insurance premiums and income taxes increasingly eat into public pension payouts, significantly reducing retirees’ real disposable income. According to a study released Tuesday by the National Pension Research Institute, the 2022 overhaul of [...]
SEOUL, June 17 (Korea Bizwire) — A growing number of South Korean healthcare workers believe the country is facing a severe shortage of doctors, a situation they say has worsened over the past year and is fueling systemic strain across hospitals. According to a survey released Monday by the Korean Health and Medical Workers’ Union, [...]
SEOUL, June 17 (Korea Bizwire) — A new government-backed study has raised doubts about the effectiveness of routine endoscopic screenings for stomach and colorectal cancers in South Koreans aged 80 and older, prompting calls for more individualized screening guidelines for elderly patients. The Korea Health Industry Development Institute (KHIDI) released a report Monday based on [...]
SEOUL, June 17 (Korea Bizwire) — With South Korea set to require all KOSPI-listed firms to submit corporate governance reports starting in 2026, POSCO Holdings has emerged as the top performer in governance compliance over the past five years, according to a comprehensive industry analysis released Tuesday. The study by Leaders Index, which reviewed 2024 corporate [...]
SEOUL, June 17 (Korea Bizwire) — The Bank of Korea’s issuance of 10-won coins hit an all-time monthly low in May, underscoring the accelerating decline of physical currency in a society increasingly reliant on digital payments. According to data released Tuesday from the central bank’s Economic Statistics System, just 17 million won worth of 10-won [...]
SEOUL, June 17 (Korea Bizwire) — The Korea Game Society issued a strongly worded statement on Monday, condemning reports of a potential takeover bid by Chinese tech giant Tencent for South Korean gaming powerhouse Nexon, framing the move as a threat to national industrial sovereignty rather than a routine business transaction. Describing the reported acquisition [...]