SEOUL, March 25 (Korea Bizwire) — South Korea’s leading music streaming platform, Melon, revealed that singer-songwriter IU is the most beloved domestic artist of the past two decades, while Paul Kim’s ballad “Every Day, Every Moment” ranks as the most frequently added song to playlists. The data, released Monday, is based on an analysis of [...]
SEOUL, March 24 (Korea Bizwire) — In a high-stakes battle for dominance in artificial intelligence technology, major semiconductor manufacturers are racing to develop HBM4, the next generation of high-bandwidth memory chips crucial for advanced AI processors. The competition intensified on March 18 when Jensen Huang, the CEO of Nvidia, announced at the company’s GTC 2025 developer conference [...]
SEOUL, March 24 (Korea Bizwire) — The rise of retail investor activism, fueled by online platforms and collective action, is reshaping South Korea’s corporate governance landscape — and sparking concerns over potential threats to management stability, according to a new report by the Korea Chamber of Commerce and Industry (KCCI). The report, released Sunday, reveals [...]
SEOUL, March 24 (Korea Bizwire) — The Seoul Metropolitan Government announced it will participate in a government-led pilot program allowing foreign domestic workers to be hired without the application of South Korea’s minimum wage law, sparking controversy over potential labor rights concerns. The initiative, jointly managed by Seoul City and the Ministry of Justice, aims [...]
SEOUL, March 24 (Korea Bizwire) — Samsung Electronics Co. has held the No. 1 spot in annual sales among South Korean companies for 22 consecutive years from 2002 to 2023, an industry analysis report showed Monday. According to the report from the Korea CXO Institute, a corporate data firm, Samsung Electronics was found to have [...]
SEOUL, March 24 (Korea Bizwire) — South Korea’s largest automotive giant Hyundai Motor Group is set to reach a major milestone of 30 million cumulative vehicle sales in the United States this year, continuing its steady growth in the key overseas market, the group said Monday. Since their entry into the U.S. market in 1986, [...]
SEOUL, March 24 (Korea Bizwire) — Samsung E&A Co. said Monday it has secured a 518.6 billion-won (US$354.2 million) contract to build a biopharmaceutical raw material production and research facility in Songdo, west of Seoul, for Sartorius AG of Germany. The plant will be constructed for Sartorius Korea, the South Korean unit of the German [...]
SEOUL, March 24 (Korea Bizwire) — South Korea launched a project Monday to excavate the remains of a presumed South African pilot killed during the 1950-53 Korean War, Seoul’s defense ministry said. The project, which runs through April 11, aims to find the remains of a South African Air Force pilot presumed to have been [...]
SEOUL, March 24 (Korea Bizwire) — Acting President Choi Sang-mok on Monday instructed the government to promptly engage in follow-up discussions regarding a recent decision by the U.S. Department of Energy to place South Korea on its “sensitive and other designated countries list.” Seoul and Washington have begun working-level talks to address the issue, following [...]
SEJONG, March 24 (Korea Bizwire) — South Korea reported an additional foot-and-mouth disease (FMD) case at a local cattle farm, raising the number of cases this year to 14, the agriculture ministry said Monday. The latest case was found at the farm in the county of Yeongam, about 300 kilometers south of Seoul, which has [...]