SEOUL, Dec. 2 (Korea Bizwire) — Genesis, Hyundai Motor Group’s independent luxury brand, on Monday revealed the design of its updated electrified GV70 SUV. The front features a new grille with a gradient design, showcasing a deeper shading effect that follows Genesis’ signature G-Matrix design pattern. The headlamps incorporate micro lens array technology to deliver [...]
SEOUL, Dec. 2 (Korea Bizwire) — South Korea’s exports of cosmetic products reached an all-time high of US$9.3 billion through November this year in an estimate, the country’s drug safety agency said Monday. The combined exports of cosmetic products for the January-November period exceeded the previous yearly high of $9.2 billion recorded in 2021, according [...]
SEOUL, Dec. 2 (Korea Bizwire) — South Korean figure skater Lee Hae-in has earned a ticket to an international competition set for next year in Seoul after returning from suspension over the weekend. Lee finished fifth in the women’s singles at the national ranking competition, which doubled as the first leg of the 2025-2026 national [...]
SEOUL, Dec. 2 (Korea Bizwire) — Long-distance freight transport using autonomous vehicles will begin trial operations on highways as part of an initiative to promote self-driving technology, the transport ministry said Monday. The ministry said it designated six new autonomous vehicle test zones, including those on major highways and areas in the cities of Suwon, [...]
SEOUL, Dec. 2 (Korea Bizwire) — South Korea’s oceans ministry said Monday that it plans to implement an enhanced crackdown on Chinese boats fishing illegally in the West Sea this week in cooperation with the Coast Guard. The country will work to round up boats fishing or operating illegally in South Korea’s Exclusive Economic Zone [...]
SEOUL, Dec. 2 (Korea Bizwire) — Samsung Electronics Co., a pioneer in the semiconductor industry in South Korea, is facing significant challenges as the global memory market shifts toward artificial intelligence (AI)-focused technologies. The company’s three-decade reign as the world’s leading memory chipmaker is under pressure, largely due to its slower response to the growing [...]
SEOUL/BUSAN, Dec. 2 (Korea Bizwire) — A new 8,200-ton Aegis destroyer armed with an advanced missile interception platform was commissioned Monday, the Navy said, in a move to bolster the Navy’s air defense capabilities against North Korean missiles. A commissioning ceremony for the Jeongjo the Great destroyer, named after a visionary king of the Joseon [...]
SEOUL, Dec. 2 (Korea Bizwire) — South Korean food company CJ CheilJedang Corp. said Monday it has introduced its “shelf-stable” noodle products to the European market for the first time this month. The company has introduced its shelf-stable noodle product, bibigo Korean Style Udon Noodles, in Britain, Sweden and Spain to gain a bigger share [...]
SEOUL, Dec. 2 (Korea Bizwire) – Despite persistent inflation, South Korea’s fragrance market is booming, with niche luxury perfumes gaining prominence. International brands like Jo Malone, Diptyque, and Byredo are leading the charge, capturing significant consumer interest and driving growth in the high-end cosmetics sector. According to industry data, niche perfume sales through Shinsegae International’s [...]
SEOUL, Dec. 2 (Korea Bizwire) – South Korea can no longer consider itself immune to the global scourge of academic “paper mills,” as a growing number of international students at Korean institutions have been found using these fraudulent services to fabricate research credentials, according to a new report. The National Research Foundation of Korea (NRF) revealed [...]