It appears that South Korea’s current COVID wave has not yet hit its plateau as cases continue to grow to record levels after the Lunar New Year holiday:

South Korea’s daily COVID-19 infections rose sharply to hit another high of nearly 50,000 on Wednesday amid the fast spread of the highly transmissible omicron variant across the nation.
The country reported 49,567 new COVID-19 infections, including 49,402 local cases, raising the total to 1,131,248, according to the Korea Disease Control and Prevention Agency (KDCA).
It marked the first time that the daily tally exceeded the 40,000 level. The previous daily record high was 38,689 recorded Sunday.
Yonhap
You can read more at the link, but according to the article health authorities say cases could peak at 170,000 by the end of the month. However, as this current wave is showing the cases are not necessarily important it is the hospitalizations which so far South Korea has been able to effectively manage.







