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Museum-Branded Goods Become a Surprise Bestseller in Korea’s Cultural Economy

Museum-Branded Goods Become a Surprise Bestseller in Korea’s Cultural Economy

SEOUL, Dec. 30 (Korea Bizwire) — Sales of museum-branded cultural goods in South Korea have reached a record high this year, reflecting a surge in global and domestic interest in traditional Korean culture fueled by the broader momentum of K-culture. According to the National Museum Foundation of Korea, annual sales of “MU:DS,” the museum’s cultural merchandise

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Samsung Deepens BMW Ties With First Automotive Chip Supply Deal

Samsung Deepens BMW Ties With First Automotive Chip Supply Deal

SEOUL, Dec. 30 (Korea Bizwire) — Samsung Electronics is deepening its long-running partnership with BMW by expanding cooperation from batteries and displays into automotive semiconductors, underscoring Chairman Lee Jae-yong’s push to position vehicle electronics as a core growth engine for the group. Under the latest agreement, Samsung will supply its in-house automotive processor, Exynos Auto, for

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Chip Industry Pushes Back as Politicians Revive Relocation Debate for Yongin Mega-Cluster

Chip Industry Pushes Back as Politicians Revive Relocation Debate for Yongin Mega-Cluster

SEOUL, Dec. 30 (Korea Bizwire) — South Korea’s semiconductor industry is pushing back against political calls to relocate the massive Yongin semiconductor cluster away from the Seoul metropolitan area, warning that any abrupt change to the project could disrupt investment plans and undermine the country’s global competitiveness in chips. The concerns come after Kim Sung-hwan, the

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License Plates Offer Rare Clues to Shifting Power Hierarchy in North Korea

License Plates Offer Rare Clues to Shifting Power Hierarchy in North Korea

SEOUL, Dec. 30 (Korea Bizwire) — North Korea appears to be signaling a subtle but meaningful shift in its internal power structure, with new clues emerging from the license plates used by the country’s top leadership. An analysis of state media footage by Yonhap News Agency shows that Kim Jong Un has recently been using a

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Patent Filings Surge Worldwide, With South Korea Among Top Three Contributors

Patent Filings Surge Worldwide, With South Korea Among Top Three Contributors

SEOUL, Dec. 30 (Korea Bizwire) — South Korea ranked third globally last year in the growth of patent applications, underscoring Asia’s expanding role in global innovation even as economic uncertainty persisted. According to the World Intellectual Property Organization’s 2025 World Intellectual Property Indicators, cited Tuesday by the Korea Institute of Science and Technology Evaluation and Planning,

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Nearly 5% of South Koreans Identified as Socially Isolated, Study Finds

Nearly 5% of South Koreans Identified as Socially Isolated, Study Finds

SEOUL, Dec. 29 (Korea Bizwire) — Nearly one in 20 South Koreans has limited monthly social interaction through mobile communications, highlighting a growing segment of the population at risk of social isolation, according to a government-backed data analysis released on Monday. The findings, published by the National Data Agency, mark the first nationwide statistical attempt to

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Shortage of Advanced Researchers Emerges as Bottleneck for South Korea’s Tech Strategy

Shortage of Advanced Researchers Emerges as Bottleneck for South Korea’s Tech Strategy

SEOUL, Dec. 29 (Korea Bizwire) — South Korean companies are facing a widening shortage of research and development workers, particularly in strategically important technologies such as semiconductors and artificial intelligence, according to a new industry survey released on Monday. The survey, conducted by the Korea Industrial Technology Association, found that corporate research institutes were short about

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