SEOUL, March 17 (Korea Bizwire) — Jennie of K-pop girl group BLACKPINK landed at No. 7 on the U.S. Billboard’s main albums chart with her first full-length solo album, “Ruby.” Billboard revealed the news in a chart preview released Sunday (U.S. time), introducing Jennie as the band’s third member to enter the top 10 of [...]
SEOUL, March 17 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical company, said Monday the accumulated sales of its own diabetes drug have exceeded 1 trillion won (US$688 million) in the domestic market. LG Chem sold a cumulative 1.066 trillion won worth of the Zemiglo diabetes lineup, composed of Zemiglo, Zemimet, Zemidapa and [...]
SEOUL, March 17 (Korea Bizwire) — J-Hope of K-pop superband BTS will release a new digital single titled “Mona Lisa” this week, his agency said Monday. “Mona Lisa” will be available on music services at 1 p.m. Friday, according to BigHit Music. It introduced “Mona Lisa” as a hip-hop R&B song that expresses a tribute [...]
SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Co. Chairman Lee Jae-yong has urged executives to adopt a “death-defying” mindset to navigate the intense challenges posed by the new era driven by artificial intelligence (AI), industry sources said Monday. His call was made in a video message delivered to some 2,000 executives of the company’s [...]
SEOUL, March 17 (Korea Bizwire) — FC Seoul defender Kim Ju-sung was picked Monday to replace injured Bayern Munich center back Kim Min-jae for South Korea’s two upcoming FIFA World Cup qualifying matches. The Korea Football Association (KFA) made the announcement two days after cutting Kim Min-jae from the 28-man squad due to left Achilles [...]
SEOUL, March 17 (Korea Bizwire) — As the global appetite for K-food continues to grow, South Korean food companies are accelerating their overseas expansion, aiming to reduce reliance on the domestic market and tap into high-growth international sectors. Among them, Samyang Foods has emerged as a standout, propelled by the overseas success of its Buldak [...]
SEOUL, March 17 (Korea Bizwire) — A pilot program implementing artificial intelligence monitoring on LG Electronics’ employee shuttle buses has led to significant improvements in driver safety, according to findings released today by the Korea Transportation Safety Authority. The three-month trial, conducted from September to November last year on 14 long-distance shuttle buses serving LG Electronics’ Changwon [...]
SEOUL, March 17 (Korea Bizwire) — Naver has officially entered South Korea’s e-commerce arena with a dedicated shopping app, sparking industry speculation about whether it can effectively challenge Coupang’s market leadership. The tech giant unveiled its Naver Plus Store app on March 12, marking its formal transition into an open market platform operator. While industry experts acknowledge [...]
SEOUL, March 17 (Korea Bizwire) — Major South Korean pharmaceutical and biotech companies are rapidly expanding their Contract Development and Manufacturing Organization (CDMO) facilities to meet growing global demand and strengthen their production capabilities for new business ventures. Samsung Biologics is preparing to complete its Plant 5 next month while simultaneously pushing forward with plans for Plant [...]
SEJONG, South Korea, March 14 (Korea Bizwire) — South Korea’s economy is increasingly influenced by domestic factors rather than global conditions, signaling a shift toward self-driven growth and stability, according to a new report from the Korea Institute for International Economic Policy (KIEP). The study, released on Thursday by KIEP’s International Macroeconomics and Finance Division, [...]