SEOUL, Feb. 19 (Korea Bizwire) — Generative artificial intelligence (AI) has emerged as the most desired product in the new subscription application product category among consumers in their 20s and 30s, a poll showed Wednesday. According to the survey conducted recently on 1,000 adults by market research firm Macromill Embrain, 94.8 percent of respondents said [...]
SEOUL, Feb. 19 (Korea Bizwire) — South Korean dairy companies are finding new growth opportunities through baby formula exports, particularly in Southeast Asia, where shipments have tripled over the past decade. According to data from the Korea Agro-Fisheries & Food Trade Corporation (aT), baby formula exports to the 10 ASEAN member countries reached a record high [...]
SEOUL, Feb. 19 (Korea Bizwire) — For the first time in 39 months, South Korea’s mobile virtual network operator (MVNO) market has recorded a decline in subscriber numbers, signaling increased competition from major telecom providers. According to wireless communication service statistics released by the Ministry of Science and ICT on February 18, the number of [...]
SEOUL, Feb. 19 (Korea Bizwire) — Air Force Chief of Staff Gen. Lee Young-su commanded his first test flight of the KF-21 fighter jet Wednesday, officials said, as the armed service is set to receive the first batch of the homegrown fighter aircraft next year. For Wednesday’s flight test, Lee boarded the KF-21 at an [...]
SEOUL, Feb. 19 (Korea Bizwire) — One of the two North Korean soldiers captured by Ukraine has expressed his wish to go to South Korea, a news report said Wednesday, in what would be the first known case for a North Korean captive to voice an intent to defect to the South. A North Korean [...]
SEOUL, Feb. 19 (Korea Bizwire) — K-pop girl group Nmixx will release its fourth EP, “Fe304: Forward,” on March 17, the group said Wednesday. The sextet shared the news on social media, along with a promotional poster. The EP marks the last of the group’s “Fe304″ album series, following “Fe304: Break” and “Fe304: Stick Out,” [...]
SEOUL, Feb. 19 (Korea Bizwire) — South Korea’s customs agency said Wednesday it busted 300 cases of crimes related to foreign exchange (FX) transactions worth some 2.6 trillion won (US$1.8 billion) in 2024. The number of such crimes jumped 52 percent last year from 198 cases tallied a year earlier, and the combined value of [...]
SEOUL, Feb. 19 (Korea Bizwire) — Hoshi and Woozi of K-pop boy group Seventeen have formed a unit and will release their debut single on March 10, the group’s agency said Wednesday. According to Pledis Entertainment, the duo posted a teaser image for the new single “Beam” on the K-pop fan community platform Weverse and [...]
SEOUL, Feb. 19 (Korea Bizwire) — The Seoul Research Institute of Public Health and Environment announced on February 18 that all 198 home baking utensils tested in a recent safety inspection passed heavy metal contamination standards. The investigation covered 14 categories of baking tools, including bread molds, cooking paper, and various baking molds commonly sold in [...]
SEOUL, Feb. 19 (Korea Bizwire) — Semicon Korea 2025, an annual exhibition of semiconductor companies, kicked off Wednesday for a three-day run in Seoul, bringing together hundreds of leading global firms to show the latest advancements in chip technologies, its organizer said. Under the theme “Lead the Edge,” the event features around 500 global chipmakers, [...]