SEJONG, Nov. 3 (Korea Bizwire) – Online shopping sales in South Korea increased 13.3 percent from a year earlier to a record high for any September, driven by strong sales of Tesla vehicles and rising demand for food services, data showed Monday. The value of online shopping transactions stood at 23.79 trillion won (US$16.61 billion) [...]
SEOUL, Nov. 3 (Korea Bizwire) – Kwak Noh-jung, chief executive officer (CEO) of SK hynix Inc., said Monday his company will deepen its engagement in the artificial intelligence (AI) ecosystem by forging closer ties with clients, adding it will strive to become a “creator” of AI chips instead of a simple provider. Under the vision, [...]
SEOUL, Nov. 3 (Korea Bizwire) – The top generals of South Korea and the United States met in Seoul on Monday to discuss a question that has haunted the alliance for decades: when, and under what conditions, South Korea will regain control of its own forces in wartime. General Jin Yong-sung, chairman of South Korea’s Joint [...]
SEOUL, Nov. 3 (Korea Bizwire) — SK Telecom said Monday it will spearhead efforts to establish South Korea as a regional hub for artificial intelligence by expanding data infrastructure and drawing global investment. Speaking at the SK AI Summit 2025 in Seoul, Jung Jai-hun, the company’s newly appointed chief executive, outlined a sweeping strategy centered on [...]
Joint Development Agreement will establish a foundation for ultra-high energy density microbatteries San Jose, California, United States - Ensurge (OSE: ENSU), a global leader in solid-state microbattery technology, and Corning Incorporated (NYSE: GLW), one of the world’s leading innovators in glass, ceramics, and materials science, today announced a set of agreements to jointly develop Ensurge’s ultra-high performance solid-state microbatteries. [...]
SEOUL, Nov. 3 (Korea Bizwire) — South Korea’s benchmark KOSPI index, which recently broke the 4,000-point mark for the first time in history, has ignited a wave of participation from wealthy individual investors making large-scale trades. According to the Korea Exchange, individual investors placed an average of 28,729 orders worth at least 100 million won ($73,000) [...]
SEOUL, Nov. 3 (Korea Bizwire) — At a Lotte Cinema theater in Seoul, the lights cut out, sirens blare, and a chilling announcement fills the room: “This theater is now closed. This is not a drill.” Suddenly, audience members are thrust into a survival game, dodging zombies that stalk the aisles. This is Charlotte: The Play – Survival, [...]
BUSAN, Nov. 3 (Korea Bizwire) — A restaurant in Busan’s Chinatown has come under scrutiny after a festivalgoer accused it of overcharging for a popular Chinese dish, sparking yet another public debate over price gouging in tourist areas. The controversy began when a visitor posted online that a plate of guobaorou (sweet and sour pork) [...]
SEOUL, Nov. 3 (Korea Bizwire) — On Friday evening, October 31, movie theaters across Seoul’s CGV Yongsan I’Park Mall glowed with a sea of colorful light sticks—once a symbol of concert fandom, now a growing part of Korea’s cinema culture. At a special screening of Netflix’s animated film K-Pop Demon Hunters, fans—both adults and children—waved [...]
HERE Technologies and Amap are joining forces to deliver next-generation navigation, digital cockpit and assisted driving solutions tailored for Chinese EVs expanding into global markets. This strategic partnership combines HERE’s AI-powered mapmaking at global scale with Amap’s leading solutions used across China’s automotive sector. HERE Technologies, the leading location data and technology platform, and Amap, [...]