Netflix generated ₩5.6T for South Korea’s economy
Sep 30, 2021 10:28 am UTC| Business Economy
Netflix, the leading streaming company, reportedly brought in around ₩5.6T or about $4.74 billion to South Korea. With this, it was said to have helped boost the countrys economy. Apart from the financial aspect, since...
Rolls-Royce to phase out gas-powered cars and go all-electric by 2030
Sep 30, 2021 10:26 am UTC| Business Economy
Rolls-Royce announced its plans to ditch gas and to produce all-electric vehicles by the year 2030. The British luxury automobile maker headquartered in Westhampnett, United Kingdom, revealed on Wednesday, Sept. 29, that...
Netherlands fined Samsung $46.9M for alleged price fixing
Sep 30, 2021 10:16 am UTC| Business Economy
Samsung, the Benelux arm of the South Korean electronics company, was reportedly slapped with a hefty fine of $46.9 million or 40 million. Based on the reports, the penalty was imposed by the Authority for Consumers and...
Genome-edited fleshier fish hits Japanese market
Sep 30, 2021 02:30 am UTC| Science Economy
Regional Fish Institute Ltd. in Japan is now accepting orders on a crowdfunding site for genetically manipulated farmed red sea bream that boasts 1.2 times thicker flesh than ordinary farmed ones. Sales are initially...
S. Korean scientists develop a flexible battery that stretches like a snake
Sep 30, 2021 01:16 am UTC| Science Economy
The Korea Institute of Machinery and Materials had developed a flexible battery that bends and stretches like a snake and moves flexibly even in narrow spaces, allowing it to power rescue robots in disaster...
Seoul hospital completes robotic liver transplant surgery
Sep 30, 2021 01:03 am UTC| Science Economy
Seoul National University Hospital completed a liver transplant procedure using a robot and a laparoscope that left no huge abdominal scars for both the donor and recipient. Suh Kyung-suk, a professor on the liver...
S. Korea to bolster privacy rights with new law
Sep 29, 2021 22:45 pm UTC| Law Economy
The South Korean government is stepping up efforts to amend the Personal Information Protection Act with a bill introducing new privacy rights, including the right to data portability. The Personal Information...
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