Korea Bizwire, Author at Be Korea-savvy | Page 193 of 1028
Korean Battery Titans Battle for Edge in Next Government Storage Project

Korean Battery Titans Battle for Edge in Next Government Storage Project

SEOUL, Sept. 23 (Korea Bizwire) — South Korea’s three leading battery producers are gearing up for a fierce contest over the country’s second government-led energy storage system (ESS) project, a program worth more than 1 trillion won ($740 million) and slated for delivery in late 2027. The Korea Power Exchange disclosed last week that the second [...]

Coupang and Naver Cement Lead as Korea’s E-Commerce Shakeout Deepens

Coupang and Naver Cement Lead as Korea’s E-Commerce Shakeout Deepens

SEOUL, Sept. 23 (Korea Bizwire) — South Korea’s e-commerce sector is undergoing a sharp consolidation, with a winner-takes-all structure emerging as Coupang and Naver entrench their dominance. Smaller players are collapsing or being forced into alliances, while global challengers from China accelerate their advance. The collapse of mid-tier platforms Tmon and Wemakeprice last year, which [...]

Semiconductor Rally Lifts Korean Suppliers as Investors Bet on Sector Recovery

Semiconductor Rally Lifts Korean Suppliers as Investors Bet on Sector Recovery

SEOUL, Sept. 23 (Korea Bizwire) — South Korea’s semiconductor rally is spilling over into smaller suppliers, as investor optimism over improving memory prices boosts not only giants like Samsung Electronics and SK hynix but also makers of materials, components and equipment. On Monday, Samsung Electronics closed up 4.77 percent at 83,500 won, touching an intraday [...]

Seoul Plans to End Family Guardian Requirement for Psychiatric Patients

Seoul Plans to End Family Guardian Requirement for Psychiatric Patients

SEOUL, Sept. 22 (Korea Bizwire) — South Korea is preparing to abolish a decades-old system that requires family members to act as legal guardians for psychiatric patients, a move hailed by advocates as a long-awaited step toward strengthening state responsibility for mental health care. According to officials and welfare experts on Sunday, the draft of the [...]

Pharma and Biotech Firms Step Up Cybersecurity After Wave of Hacks

Pharma and Biotech Firms Step Up Cybersecurity After Wave of Hacks

SEOUL, Sept. 22 (Korea Bizwire) — A string of hacking incidents at South Korea’s telecommunications and financial companies has prompted pharmaceutical and biotech firms to tighten their defenses, wary that breaches involving sensitive clinical data and intellectual property could trigger irreparable damage. Industry officials said this week that companies are moving quickly to reinforce security policies [...]

YY Group Announces Strategic Expansions Into Netherlands, Strengthening its EU Presence

YY Group Announces Strategic Expansions Into Netherlands, Strengthening its EU Presence

Tapping into a USD 80 Billion Flexible Labor Market Driven by 4.5 Million Part-Time Workers Singapore, Sept. 22, 2025 (Korea Bizwire) – YY Group Holding Limited (NASDAQ: YYGH) (“YY Group,” “YYGH,” or the “Company”), a global leader in on-demand workforce solutions and integrated facility management (IFM), today announced that its flagship digital staffing platform is [...]

Coventry Celebrates the Power, Flexibility, and Value of Life Insurance During Life Insurance Awareness Month

Coventry Celebrates the Power, Flexibility, and Value of Life Insurance During Life Insurance Awareness Month

FORT WASHINGTON, Pa., Sept. 22, 2025 (Korea Bizwire) – Coventry, the leader and creator of the secondary market for life insurance, is proud to recognize Life Insurance Awareness Month by reaffirming its unwavering commitment to making life insurance not just an essential asset, but also more valuable, more flexible and more powerful for policyowners everywhere. [...]

Shamrock V awarded 5 Stars by the SEA Index at Monaco Classic Week

Shamrock V awarded 5 Stars by the SEA Index at Monaco Classic Week

MONACO, Sept. 22, 2025 (Korea Bizwire) – The Shamrock V (36.11m), the first J-Class and the only one built of wood, was awarded by the SEA Index, at the end of the 17th Monaco Classic Week-La Belle Classe. Launched in 1930 for Sir Thomas Lipton, who was attempting his fifth challenge for the America’s Cup, [...]