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Samsung Galaxy Tops Korea’s Brand Value Rankings for 15th Straight Year

SEOUL, Dec. 15 (Korea Bizwire) — Samsung Electronics’ Galaxy smartphone line has once again been named South Korea’s most valuable brand, extending its reign to 15 consecutive years, according to a widely watched industry index released Sunday. Branding consultancy Brandstock said Galaxy earned a Brand Stock Top Index (BSTI) score of 948 in its 2025 ranking

December 15, 2025 | Business, Top News | 0 Comments

AI Entrepreneurs Find Real-World Traction Through Korea’s TeX-Corps Program

SEOUL, Dec. 15 (Korea Bizwire) — Early-stage entrepreneurs using artificial intelligence to solve industrial problems are beginning to see tangible results, propelled by TeX-Corps (Tech EXploration Corps) — a commercialization program modeled after the U.S. National Science Foundation’s I-Corps that pushes researchers to validate their ideas through rapid, intensive customer discovery. The program, designed to help

December 15, 2025 | AI & Big Data, Business, Policy and Regulation, Technology, Top News | 0 Comments

Coast Guard Seizes 4,100 Counterfeit Luxury Goods; Global Brands Issue Rare Public Thanks

BUSAN, Dec. 15 (Korea Bizwire) — South Korea’s Coast Guard has arrested a smuggling ring accused of importing thousands of counterfeit luxury goods from China and selling them online, prompting several global fashion houses to issue formal letters of appreciation — an unusually public response from brands that rarely acknowledge enforcement actions. The South Regional Coast

December 15, 2025 | Beauty & Fashion, Retail & Consumer, Society, Top News | 0 Comments

Samsung Says AI-Driven Laundry Feature Cuts Energy Use by 30%

SEOUL, Dec. 15 (Korea Bizwire) — Samsung Electronics said Sunday that its AI-powered energy-saving mode for home appliances has been shown to reduce electricity consumption in high-efficiency washing machines by roughly 30 percent, based on one of the largest real-world validations conducted in the industry. The findings come from a yearlong study Samsung carried out with

December 15, 2025 | Home Appliances, Technology, Top News | 0 Comments

Hyundai’s Hydrogen-Powered Nexo Earns Top Safety Rating in Europe

SEOUL, Dec. 15 (Korea Bizwire) — Hyundai Motor’s hydrogen fuel-cell SUV, the All-New Nexo, has received the highest possible safety rating from Europe’s premier new-car testing program, the company said Sunday, marking another milestone for the automaker’s expanding lineup of alternative-energy vehicles. The Nexo earned five stars in the latest Euro NCAP evaluation, recognized for maintaining

December 15, 2025 | Business, Hydrogen/Nuclear & Renewable Energy, Mobility, Top News | 0 Comments

Stocks Emerge as Top Bet for Korea’s Wealthy as Their Ranks Continue to Grow

SEOUL, Dec. 15 (Korea Bizwire) — South Korea’s wealthy population continued to grow last year, exceeding 476,000 individuals with more than 1 billion won (about $760,000) in financial assets, according to a new report that highlights widening asset gaps and a renewed appetite for stock investments despite a climate of economic uncertainty. The 2025 Korea Wealth

December 15, 2025 | By the Numbers, Economy, Financial Market, Personal Finance, Real Estate, Survey & Research, Top News | 0 Comments

Hyundai Motor Expands Its Foothold in Brazil, Overtaking Toyota in Key Market

SEOUL, Dec. 14 (Korea Bizwire) — Hyundai Motor is strengthening its position in Brazil, the largest automotive market in South America, widening its lead over Toyota as competition among Asian brands intensifies. According to data released Sunday by the Brazilian vehicle distributors’ federation Fenabrave, Hyundai sold 182,948 cars in Brazil between January and November, capturing an

December 14, 2025 | Business, Mobility, Top News | 0 Comments