SEOUL, Jan. 23 (Korea Bizwire) — Korean digital comics, known as webtoons, are breaking new ground across international borders and media formats, with recent adaptations announced for both Hollywood and Japanese stage productions. Webtoon Entertainment, the parent company of Naver Webtoon, announced on January 22 that its horror series “Stagtown” is being developed into a feature film [...]
SEOUL, Jan. 23 (Korea Bizwire) — A delayed onset of winter in South Korea has driven a surge in demand for premium bedding, with sales of goose-down and wool comforters soaring as temperatures plummeted in recent weeks. Major department stores, including Lotte, Shinsegae, and Hyundai, reported a 10% year-over-year increase in overall bedding sales from [...]
SEOUL, Jan. 23 (Korea Bizwire) — Health and medical advertisers dominated South Korean television advertising last year, according to a comprehensive industry report released January 22 by data platform company IGAWorks. The report shows that health and medical sector advertisements accounted for 24% of total TV advertising impressions in 2024, reaching 136 billion views. This placed [...]
SEOUL, Jan. 23 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled its latest Galaxy S series smartphones, featuring more advanced on-device artificial intelligence (AI) with multimodal capabilities and personalized assistance functions. Three models of the Galaxy S25 – the Galaxy S25, Galaxy S25 Plus and Galaxy S25 Ultra — were showcased during the Unpacked [...]
SEOUL, Jan. 23 (Korea Bizwire) — Celltrion Inc.’s autoimmune disease treatment, SteQeyma, has been launched in five major European nations, the Korean company said Thursday. SteQeyma, an ustekinumab biosimilar treatment for multiple chronic inflammatory diseases, was released in France on Monday (local time), following its launch in Italy and Spain earlier this month, according to [...]
SEOUL, Jan. 23 (Korea Bizwire) — HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said Thursday it has secured a 3.72 trillion-won (US$2.59 billion) order to build 12 liquefied natural gas container ships. The company said in a regulatory filing that the vessels were ordered by an unnamed European shipping company, though industry reports [...]
SEOUL, Jan. 23 (Korea Bizwire) — About 1,000 North Korean soldiers are believed to have been killed while fighting Ukrainian forces in Russia’s western front-line region of Kursk, a news report said Thursday. Out of the estimated 11,000 North Korean troops deployed in support of Russia’s war against Ukraine, 4,000 have been killed, wounded, missing [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s business community on Thursday launched a promotion committee to support the government’s preparations for the Asia-Pacific Economic Cooperation (APEC) CEO Summit set to be held in the country this year. The Korea Chamber of Commerce & Industry (KCCI) said the committee, led by KCCI Chairman Chey Tae-won, [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea plans to strengthen its oversight of low-cost carriers (LCCs) and impose strict penalties on airlines failing to meet enhanced operational safety standards, the government said Thursday, following last month’s Jeju Air crash. In a meeting with CEOs of nine domestic LCCs, including Jeju Air, T’way Air, Eastar Jet [...]
SEOUL, Jan. 23 (Korea Bizwire) — The Constitutional Court on Thursday rejected a National Assembly vote to impeach Korea Communications Commission (KCC) Chairperson Lee Jin-sook over what opposition lawmakers said was a controversial decision-making process at the state broadcasting watchdog. The opposition-led National Assembly voted to impeach Lee on Aug. 2, just two days after [...]