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BVI Appoints Jim Hollingshead as President & Chief Executive Officer

BVI Appoints Jim Hollingshead as President & Chief Executive Officer

WALTHAM, Mass., Jan. 19, 2026 (Korea Bizwire) – BVI, a global leader in the ophthalmic device market, announced today the appointment of Jim Hollingshead as President & Chief Executive Officer. Hollingshead succeeds Shervin Korangy, who will continue to serve as an advisor to BVI and begin a new role as senior advisor to TPG Capital. [...]

TNH Announces “Summer Sessions” Live Podcast Tour — Jay Walker & Shawn Murphy Take the Show on the Road This Summer

TNH Announces “Summer Sessions” Live Podcast Tour — Jay Walker & Shawn Murphy Take the Show on the Road This Summer

Multi-city run will bring TNH’s live, unfiltered podcast experience to audiences across the U.S. — featuring Jay Walker and Shawn Murphy on stage together, city to city, all summer long Produced by WOAHRAE and TEN97 Group DALLAS — HOUSTON — ATLANTA — CHARLOTTE — WASHINGTON, DC — PHILADELPHIA — NEW YORK CITY — CHICAGO — [...]

Schneider Electric advances energy technology at World Economic Forum Annual Meeting in Davos

Schneider Electric advances energy technology at World Economic Forum Annual Meeting in Davos

DAVOS, Switzerland, Jan. 19, 2026 (Korea Bizwire) – Schneider Electric, a global energy technology leader, announces its participation in the World Economic Forum Annual Meeting in Davos, Switzerland. Its delegation, led by CEO Olivier Blum, will champion collaboration across industries to advance energy technology. “It is clear we have entered a new era where AI and [...]

Korea’s Push for a Homegrown A.I. Faces Reckoning After Major Firms Fail Government Test

Korea’s Push for a Homegrown A.I. Faces Reckoning After Major Firms Fail Government Test

SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s ambition to build a sovereign artificial intelligence ecosystem was jolted this week after the government’s first evaluation of its national A.I. foundation model program eliminated two of the country’s most prominent technology players, exposing deep uncertainties about what “independent A.I.” truly means — and whether Korea can realistically [...]

Despite Hacking Scandals, Korea’s Mobile Carriers Set to Rebound Past 4 Trillion Won in Profit

Despite Hacking Scandals, Korea’s Mobile Carriers Set to Rebound Past 4 Trillion Won in Profit

SEOUL, Jan. 19 (Korea Bizwire) — South Korea’s three major mobile carriers are expected to post a combined operating profit exceeding 4 trillion won in 2025, rebounding despite a year marked by high-profile hacking incidents that rattled the telecommunications industry, analysts said. According to a consensus of forecasts compiled by Yonhap Infomax from brokerage reports issued [...]

Nearly 80% of Regional Governments Fear Population Loss as Demographic Crisis Deepens

Nearly 80% of Regional Governments Fear Population Loss as Demographic Crisis Deepens

SEOUL, Jan. 19 (Korea Bizwire) — Nearly eight in 10 local governments outside South Korea’s capital region say they face a serious risk of population decline, underscoring the deepening divide between Seoul and the rest of the country as demographic pressures mount. In a survey released Monday by the Federation of Korean Industries, 77 percent of [...]

SK Hynix Automotive DRAM Earns Highest Global Safety Rating

SK Hynix Automotive DRAM Earns Highest Global Safety Rating

SEOUL, Jan. 19 (Korea Bizwire) – SK hynix Inc. said Monday its automotive dynamic random-access memory (DRAM) chip has received a top safety rating from a German technical service organization, underscoring its reliability for vehicles’ autopilot systems and other safety-related features. The South Korean chipmaker said its LPDDR5X automotive DRAM has obtained the Automotive Safety [...]

South Korea Seeks Joint UNESCO Listing With North for Taekwondo

South Korea Seeks Joint UNESCO Listing With North for Taekwondo

SEOUL, Jan. 19 (Korea Bizwire) – South Korea aims to join forces with North Korea to seek UNESCO recognition for the traditional martial art of taekwondo as a shared intangible cultural heritage, officials said Monday. The Cultural Heritage Committee, an advisory body to the Korea Heritage Service (KHS), has selected taekwondo as the next candidate [...]

South Korea’s Youth Confront a Dual Squeeze of Work and Housing

South Korea’s Youth Confront a Dual Squeeze of Work and Housing

SEOUL, Jan. 19 (Korea Bizwire) – Longer job searches and soaring housing costs are placing mounting strain on young South Koreans, deepening concerns that structural weaknesses in the economy could weigh on the country’s long-term growth, the central bank said on Monday. In a report examining the economic conditions of young adults, the Bank of [...]

U.S. Beef, Pork Dominate South Korea’s Imported Meat Market in 2025

U.S. Beef, Pork Dominate South Korea’s Imported Meat Market in 2025

SEOUL, Jan. 19 (Korea Bizwire) – American beef and pork products accounted for the largest share in South Korea’s imported meat market last year, the U.S. Meat Export Federation (USMEF) said Monday. In 2025, Korea imported a total of 468,122 tons of beef products, with U.S. beef taking up 220,427 tons, or 47.1 percent of [...]