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LG-Backed Bear Robotics Bets on Ultra-Compact Robot to Unlock Crowded Restaurant Spaces

LG-Backed Bear Robotics Bets on Ultra-Compact Robot to Unlock Crowded Restaurant Spaces

Photo=Bear Robotics South Korea-based Bear Robotics, a subsidiary of LG Electronics, is accelerating its global expansion in service robotics with a newly unveiled compact robot designed for densely packed restaurant environments, aiming to remove one of the final physical barriers to automation in small and mid-sized hospitality venues. The company unveiled its “Servi Q” model at the National Restaurant Association

May 24 2026
11:00 AM PST
South Korea Extends Fuel Price Caps as Government Prioritizes Inflation Stability

South Korea Extends Fuel Price Caps as Government Prioritizes Inflation Stability

Photo=Motionelements South Korea said late on May 21 local time that it would freeze government-imposed fuel price caps for a sixth consecutive adjustment period, underscoring the administration’s effort to contain inflation despite persistent upward pressure from global oil markets. The Ministry of Trade, Industry and Energy said the ceilings, effective from midnight on May 22, would remain at about $5.25

May 23 2026
11:00 AM PST
Samsung Wage Vote Highlights Changing Power Dynamics Inside South Korea’s Chip Industry

Samsung Wage Vote Highlights Changing Power Dynamics Inside South Korea’s Chip Industry

(Photo=MotionElements) Workers at Samsung Electronics, South Korea’s largest company and one of the world’s dominant memory-chip manufacturers, began voting Friday on a wage agreement that reflects broader changes reshaping the country’s labor market as the global race for artificial-intelligence semiconductor talent intensifies. The six-day electronic vote will determine whether a tentative labor agreement reached earlier this week between Samsung management

May 23 2026
09:00 AM PST
South Korea Opens $440 Million Retail Growth Fund With Tax Breaks and Loss Buffer

South Korea Opens $440 Million Retail Growth Fund With Tax Breaks and Loss Buffer

Photo=Motionelements South Korea opened subscriptions on May 22 for a new government-backed retail investment fund designed to channel household savings into domestic growth industries, offering tax incentives and a limited loss-sharing mechanism to attract investors. The Growth Participation Fund will accept subscriptions through June 11 on a first-come, first-served basis, with total retail allocations capped at roughly $440 million. The

May 22 2026
11:00 AM PST
The Double-Edged Sword of Bonuses: Samsung’s Semiconductor Rewards Spark Internal Divide

The Double-Edged Sword of Bonuses: Samsung’s Semiconductor Rewards Spark Internal Divide

(Photo=MotionElements) Samsung Electronics has long used aggressive compensation to retain talent in one of the world’s most competitive technology industries. Now, that same strategy is exposing deep fractures inside the company. A tentative 2026 wage agreement between Samsung management and labor unions has triggered mounting backlash after revealing a compensation structure that could deliver extraordinary payouts to semiconductor employees while

May 22 2026
08:00 AM PST