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Facephi technology for HancomWith secures Good Software (GS), top-level certification for public sector deployment in South Korea

Facephi’s passive liveness technology further enhances trust, automatically distinguishing real human faces from sophisticated spoofing ALICANTE, Spain, Sept. 23, 2025 (Korea Bizwire) – Facephi’s biometric technology has reached a new milestone in South Korea, as HancomWith, a de facto holding company of Hancom Group, has obtained Grade 1 certification under the national Good Software (GS) programme for [...]

World Nears Quarter Million Crypto Millionaires in Historic Wealth Boom

LONDON, Sept. 23, 2025 (Korea Bizwire) – The ranks of crypto millionaires have surged to an unprecedented 241,700 individuals worldwide, according to the newly released Crypto Wealth Report 2025 by international residence and citizenship advisory specialists Henley & Partners. That’s a remarkable 40% increase in just 12 months, fueled by a dramatic surge in Bitcoin millionaires — up [...]

Sumitomo Electric Selects Kinectrics to Complete Commissioning Testing for the A-Nord HVDC Underground Power Transmission Project

OSAKA, Japan, Sept. 23, 2025 (Korea Bizwire) – Kinectrics, a division of BWX Technologies Inc. (NYSE: BWXT), has been awarded a multi-year contract by Sumitomo Electric Industries (SEI) Ltd., to provide comprehensive commissioning testing services for the A-Nord German Corridor project. This project is jointly being developed by the German Transmission Service Operator (TSO), Amprion. [...]

Korea Revisits Failed “Carbon-Free Island” as Renewable Energy Targets Rise

SEOUL, Sept. 23 (Korea Bizwire) — South Korea is revisiting an ambitious plan to transform a small island into a showcase of renewable power, seeking lessons from past failures as the government doubles down on clean energy to meet surging demand from carbon neutrality goals and AI-powered data centers. The Ministry of Environment said this [...]

Sweet-Smelling Smoke, Hidden Dangers: Korea’s E-Cigarette Backlash

SEOUL, Sept. 23 (Korea Bizwire) — South Korea is grappling with the surge in e-cigarette use, as health experts warn of toxic risks and public frustration grows over indoor vaping by celebrities and ordinary users alike. The government has launched a new campaign emphasizing the dangers of vaping, even as other countries tighten outright bans. [...]

Court Orders Korean Government to Compensate Family in Post-Vaccine Death Case

SEOUL, Sept. 23 (Korea Bizwire) — A South Korean court has ruled that the government must compensate the family of a man who died of a brain hemorrhage a week after receiving a COVID-19 vaccine, marking a rare legal victory for claimants seeking recognition of vaccine-related injuries. The Seoul Administrative Court said in a ruling [...]

Hyundai Gains Ground in Europe With Small EVs and SUVs

SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor is making inroads into Europe’s most competitive markets, including France, Germany and the United Kingdom, where local and German brands have long dominated. The push is fueled by the popularity of its affordable Inster electric vehicle — sold in Korea as the Casper EV — and steady demand [...]

Hyundai Motor Seen Stronger Than Global Rivals, but Tariff Gap With Japan Raises Alarm

SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor Group’s business portfolio and financial health compare favorably with those of major global automakers, but industry analysts warn that South Korea’s auto industry could lose ground unless Seoul secures a reduction in U.S. tariffs, now set higher than those for Japanese rivals. According to a report released Tuesday [...]

Minute Media Acquires VideoVerse, Owner of Magnifi, A Leading AI Sports Video Technology Platform

The acquisition comes a year after a series of robust sports technology and content additions to Minute Media’s portfolio, culminating with a 360-degree solution for rightsholders, leagues, teams, publishers, and marketers NEW YORK, Sept. 22, 2025 (Korea Bizwire) – Minute Media, a leading global technology and sports content company, today announced its acquisition of VideoVerse. VideoVerse’s leading product, [...]

Pacific Green Achieves Planning Permit for 1GW / 2.5GWh Portland Energy Park

Sydney, Sept. 23, 2025 (Korea Bizwire) – Pacific Green, a global battery energy storage company, has secured planning permit from the Victorian Government for its second Australian grid-scale battery energy park located in Portland, Victoria, Australia. The Portland Energy Park, providing up to 1GW of firming capacity, will be developed in phases over the next 36 [...]