SEOUL, Nov. 12 (Korea Bizwire) — Samsung Electronics Co. has shared more than 100 patents with smaller businesses as part of efforts to promote shared growth, the industry ministry said Tuesday. The leading South Korean tech giant transferred 128 patents to 85 companies this year to assist them in developing innovative products and solutions without [...]
SEOUL, Nov. 12 (Korea Bizwire) – In a major development for South Korea’s entertainment industry, Shinsegae Group, led by Chairman Chung Yong-jin, has announced plans to partner with U.S. entertainment conglomerate Paramount to create a massive international theme park, marking Paramount’s first such venture outside North America. The 4.57 trillion won project, named Star Bay City, [...]
SEOUL, Nov. 12 (Korea Bizwire) – Nearly 7 in 10 South Koreans believe that couples can live together without getting married, and almost 40 percent support having children outside of wedlock, a government report showed Tuesday, signaling a shift in perceptions around marriage and childbearing in the traditionally conservative country. The report was based on [...]
WASHINGTON, Nov. 11 (Korea Bizwire) — A robot dog, made by a subsidiary of South Korea’s Hyundai Motor Group, has been deployed to beef up security at U.S. President-elect Donald Trump’s property in Florida, according to a news report. Made by Boston Dynamics, the remote controlled, four-legged robot was seen patrolling the sprawling Mar-a-Lago estate [...]
SEOUL, Nov. 12 (Korea Bizwire) — Hyundai Motor Co. on Tuesday forged a partnership with the Ulsan metropolitan city to cooperate in establishing an overall municipal ecosystem based on clean hydrogen energy within the industrial city in South Korea’s southeast. Under their memorandum of understanding, Hyundai and the city government will collaborate in developing and [...]
SEOUL, Nov. 12 (Korea Bizwire) — KT SAT Co., the satellite service arm of South Korea’s telecom giant KT Corp., said Tuesday it has successfully launched its geostationary satellite for communications service into orbit. The Koreasat-6A was launched aboard SpaceX’s Falcon 9 rocket from a space launch complex in Florida at around 12:22 p.m. Monday [...]
SEOUL, Nov. 12 (Korea Bizwire) — With their longtime captain Son Heung-min back from injury, South Korea will chase their fourth consecutive victory in the ongoing World Cup qualification tournament this week against Kuwait. South Korea, world No. 22, will visit 135th-ranked Kuwait at Jaber Al-Ahmad International Stadium in Kuwait City at 5 p.m. Thursday [...]
SEOUL, Nov. 12 (Korea Bizwire) — LG Electronics Inc. CEO Cho Joo-wan has met with Jim Keller, CEO of U.S. artificial intelligence (AI) chip startup Tenstorrent, to explore expanding their partnership in the fast-growing AI chip industry, the Korean company said Tuesday. During the meeting in Seoul, the two leaders discussed collaboration opportunities in next-generation [...]
SEOUL, Nov. 12 (Korea Bizwire) — Rising K-pop girl group Babymonster has made an impressive debut on the U.S. Billboard’s main albums chart, establishing its popularity on the global stage with its first full-length album. The septet’s album, “Drip,” debuted at No. 149 on the Billboard 200, according to Billboard on social media platform X [...]
SEOUL, Nov. 12 (Korea Bizwire) — JSR Corp., a Japanese semiconductor materials producer, has started construction of a new production line in South Korea in a move expected to bolster the chip industry’s supply chain, the industry ministry said Tuesday. The Japanese firm held a groundbreaking ceremony for the new facility that will produce metal [...]