SEOUL, Jan. 13 (Korea Bizwire) – A majority of affluent retail investors in South Korea expect stock markets at home and abroad to extend their gains this year, with artificial intelligence and robotics emerging as the most favored investment themes, according to a new survey by Mirae Asset Securities. In a poll conducted by the [...]
SEOUL, Jan. 13 (Korea Bizwire) – U.S. tech giant Nvidia Corp. officials have expressed their intent to offer South Korea priority in supplying its next-generation Vera Rubin graphics processing units (GPUs), a senior Seoul official said Tuesday. Second Vice Science Minister Ryu Je-myung made such a remark in a social media post recalling his recent [...]
SEOUL, Jan. 13 (Korea Bizwire) – The Korea Exchange (KRX) has submitted plans to extend stock trading hours to nearly 12 hours from as early as June and is preparing to gather opinions from its members, industry sources said Tuesday. Under the plan submitted to the Financial Service Commission (FSC) on Monday, the KRX seeks [...]
SEOUL, Jan. 13 (Korea Bizwire) — Samsung Electronics is expanding its push into home entertainment and education through a new partnership with the iconic guitar maker Fender, unveiling a television-based guitar learning platform designed to make music instruction more immersive and accessible. The company said on Tuesday that it will launch Fender Play TV, an app [...]
SEOUL, Jan. 13 (Korea Bizwire) — Unionized city bus drivers in Seoul began an indefinite strike early Tuesday after marathon wage talks with management collapsed, bringing all intracity bus services to a halt and raising fears of widespread commuting disruptions in the capital. Negotiations stretched for more than 10 hours into the early morning, but ended [...]
SEOUL, Jan. 13 (Korea Bizwire) – Genesis, the independent luxury brand of Hyundai Motor Group, on Tuesday launched the GV60 Magma, its first high-performance electric vehicle (EV), in South Korea, the company said. The GV60 Magma delivers the strongest performance among Genesis EV models, accelerating from zero to 200 kilometers per hour (kph) in 10.9 [...]
SEOUL, Jan. 13 (Korea Bizwire) — SK hynix Inc. said Tuesday it will invest heavily in a new advanced semiconductor packaging plant in central South Korea as it moves to strengthen its position in the fast-growing market for high-bandwidth memory, a critical component in artificial intelligence computing. The company plans to spend 19 trillion won ($12.9 [...]
SEOUL, Jan. 13 (Korea Bizwire) – Samsung Electronics Co. ranked second in the global smartphone market in 2025, industry data showed Tuesday, with its shipments rising 5 percent from a year earlier, driven by strong sales of its budget lineup. The South Korean tech giant accounted for a 19 percent share of the global smartphone [...]
SEOUL, Jan. 13 (Korea Bizwire) — South Korea’s shrinking population is poised to reach another stark milestone this year, as the number of children entering elementary school is expected to fall below 300,000 for the first time on record, according to the Education Ministry. The ministry said it now estimates that 298,178 students will enter first [...]
SEOUL, Jan. 13 (Korea Bizwire) – The country’s financial regulator said Tuesday that local insurers will have to maintain an enhanced capital ratio requirement starting in 2027, a move to beef up their capital quality. Under the measures unveiled by the Financial Services Commission (FSC), the ratio of core capital to required capital will be [...]