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Hanwha Aerospace to Showcase K9 Howitzer, Chunmoo Rocket System at Egypt Defense Expo

Hanwha Aerospace to Showcase K9 Howitzer, Chunmoo Rocket System at Egypt Defense Expo

SEOUL, Dec. 1 (Korea Bizwire) — South Korean defense giant Hanwha Aerospace Co. said Monday it will participate in a biennial international defense exhibition in Egypt this week to showcase its flagship K9 howitzer and Chunmoo rocket system. The Egypt Defence Expo (EDEX) 2025 will take place from Monday (local time) through Thursday in Cairo, [...]

Korean Platforms Scramble to Review Security as Coupang Faces Heavy Penalties

Korean Platforms Scramble to Review Security as Coupang Faces Heavy Penalties

SEOUL, Dec. 1 (Korea Bizwire) — South Korean online platforms were seen carrying out emergency reviews of their data protection status, with Coupang Inc. widely expected to face major fines following a data breach, sources said Monday. On Saturday, the U.S.-listed e-commerce giant said personal information of 33.7 million customers has been compromised, far higher [...]

Korea Expands Automated Immigration Access to Travelers From 18 Countries

Korea Expands Automated Immigration Access to Travelers From 18 Countries

SEOUL, Dec. 1 (Korea Bizwire) — The justice ministry announced Monday that it has expanded the number of countries whose nationals can use automated immigration checks when entering Incheon International Airport, increasing the list from four to 18. The latest measure allows travelers from 14 additional countries, comprising the United Kingdom, France, Italy, Finland, Portugal, [...]

Black Forest Labs Announces Series B Investment to Accelerate Frontier Visual Intelligence

Black Forest Labs Announces Series B Investment to Accelerate Frontier Visual Intelligence

FREIBURG, Germany, Dec. 01, 2025 (Korea Bizwire) – Black Forest Labs, the category-defining visual intelligence company behind FLUX, today announced a $300M Series B led by AMP and Salesforce Ventures, at a post-money valuation of $3.25B. The round follows a previously unannounced Series A led by Andreessen Horowitz, with participation from BroadLight Capital, Creandum, Earlybird VC, General Catalyst, Northzone, and Nvidia, bringing total funds raised to [...]

Bitget Launches AI Trading Avatars based on Seven Trading Strategies

Bitget Launches AI Trading Avatars based on Seven Trading Strategies

VICTORIA, Seychelles, Dec. 01, 2025 (Korea Bizwire) – Bitget, the world’s largest Universal Exchange (UEX), has launched six all-new AI trading avatars inside GetAgent, marking a major step toward next-generation smart trading. As traders across the world test how well leading AI models like ChatGPT, Gemini and DeepSeek perform when placed into real trading environments, Bitget [...]

Philips launches Verida, world’s first detector-based spectral CT powered by breakthrough AI, to advance diagnostic precision

Philips launches Verida, world’s first detector-based spectral CT powered by breakthrough AI, to advance diagnostic precision

November 30, 2025 Philips pioneered detector-based spectral CT, which has been widely adopted in clinical routine exams across anatomies, supported by over 800 peer-reviewed publications [1] CE-marked, 510k pending Verida CT [2] integrates AI across the imaging chain, providing superb image quality while accelerating workflow and reducing dose [3, 4] Amsterdam, the Netherlands and Chicago, [...]

Philips unveils BlueSeal Horizon, industry’s first helium-free 3.0T MRI platform

Philips unveils BlueSeal Horizon, industry’s first helium-free 3.0T MRI platform

November 30, 2025 Major technology breakthrough combines advanced AI for clinical insights and accelerated workflow in new premium 3.0T MRI platform [1] Amsterdam, the Netherlands, and Chicago, USA – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today unveiled BlueSeal Horizon [1], an entirely new 3.0T MRI innovation platform that includes the industry’s [...]

Tesla Tightens Grip on Korea’s EV Market With Cheaper China-Made Models and Advanced FSD Rollout

Tesla Tightens Grip on Korea’s EV Market With Cheaper China-Made Models and Advanced FSD Rollout

SEOUL, Dec. 1 (Korea Bizwire) — Tesla is accelerating its push into South Korea, leveraging lower-cost China-made vehicles and a new supervised version of its Full Self-Driving system to rapidly expand its presence in one of the world’s most competitive electric-vehicle markets. Tesla Korea sold 47,941 vehicles from January through October, up 61.1 percent from a [...]