SEJONG, Jan. 13 (Korea Bizwire) — South Korea’s export landscape with China has undergone a significant transformation over the past decade, with traditional intermediate goods exports such as displays, computers, auto parts, steel sheets, and petroleum products sharply declining. Conversely, South Korea’s imports of Chinese intermediate goods, particularly battery materials, batteries, and auto parts, have [...]
LAS VEGAS, Jan. 13 (Korea Bizwire) — South Korea’s K-beauty industry showcased cutting-edge innovations at CES 2025, held January 7-10, reinforcing its commitment to integrating advanced technologies like artificial intelligence (AI) into the beauty sector. Industry experts predict that this trend will drive even greater participation from beauty companies at future tech exhibitions. Amorepacific Group [...]
SEOUL, Jan. 13 (Korea Bizwire) — Webtoons and web novels have become a rich source of content for Korean television, with major digital publishers now taking an active role in producing adaptations of their most successful properties, industry sources reported on January 12. The success of adaptations like “Business Proposal” and “Reborn Rich” in 2022, followed [...]
SEOUL, Jan. 13 (Korea Bizwire) — In a maturing streaming market, success increasingly depends not just on compelling content but on strategic partnerships between diverse media players. Netflix’s recent strategic alliance with SBS to offer the broadcaster’s programs to Korean subscribers and Disney+’s unprecedented decision to premiere its hit series “Moving” on MBC television exemplify this [...]
SEOUL, Jan. 13 (Korea Bizwire) — The Korean historical drama “Harbin” has maintained its position at the top of the box office for a third consecutive weekend, attracting over 4 million viewers. The film drew an additional 308,000 viewers from Friday to Sunday, bringing its cumulative admissions to 4.18 million, according to data from the [...]
SEOUL, Jan. 13 (Korea Bizwire) — SM Entertainment, a K-pop powerhouse, is set to launch its first new girl group in five years since aespa debuted in 2020. The agency announced Monday that the eight-member girl group, Hearts2Hearts, will make its debut on Feb. 24. SM surprised K-pop fans by showcasing a video teaser for [...]
SEOUL, Jan. 13 (Korea Bizwire) — SK Telecom Co., South Korea’s major telecommunications company, said Monday it has launched an artificial intelligence cloud service based on Nvidia Corp.’s graphic processing unit (GPU) in cooperation with U.S. cloud computing firm Lambda. The newly launched GPU-as-a-service (GPUaaS) is based on Nvidia’s H100 chip, currently the most advanced [...]
SEOUL, Jan. 13 (Korea Bizwire) — Ukraine has released a rare video of two captured North Korean soldiers under interrogation, in which one of them said he wants to remain in Ukraine when asked if he wishes to return home. The soldier with bandages on his hands made the remarks in the nearly three-minute footage [...]
SEOUL, Jan. 13 (Korea Bizwire) — Chinese electric vehicle (EV) manufacturers, led by BYD, are intensifying efforts to enter the South Korean market in 2025, raising questions about their strategic motivations. Analysts suggest this move addresses China’s domestic overproduction while positioning South Korea as a testing ground for expansion into advanced markets. Industry insiders speculate [...]
SEOUL, Jan. 13 (Korea Bizwire) — “It’s amazing – everywhere I go in Vietnam, whether it’s children, adults, or the elderly, everyone recognizes me and greets me with such enthusiasm,” says Kim Sang-sik, who recently led Vietnam’s national soccer team to its first Southeast Asian championship in six years. Speaking with Yonhap News in Hanoi on [...]