LAS VEGAS, Jan. 12 (Korea Bizwire) — LG Electronics is steadily expanding its footprint in the U.S. luxury home appliance market, leveraging its ultra-premium built-in brand SKS to gain ground in a sector long dominated by American manufacturers. At a high-end residential development in Spring Valley, about 20 minutes west of downtown Las Vegas, nearly 90 [...]
SEOUL, Jan. 12 (Korea Bizwire) – Defense Minister Ahn Gyu-back said Monday he is open to the idea of proposing a joint probe with North Korea into its claim of drone incursions into the country through the United Nations Command (UNC). On Saturday, the North’s military claimed that South Korea violated the North’s sovereignty by [...]
SEOUL, Jan. 12 (Korea Bizwire) — As South Korea enters 2026, the Year of the Red Horse in the traditional lunar calendar, galleries across the country are marking the occasion with a wave of exhibitions devoted to one of humanity’s oldest artistic symbols. In Seoul’s Cheongdam-dong, Gallery Sein is hosting a special exhibition titled “Let [...]
SEOUL, Jan. 12 (Korea Bizwire) — Hyundai Motor Group’s autonomous driving joint venture Motional plans to launch a fully driverless robotaxi service in Las Vegas later this year, marking a long-awaited commercial milestone after years of heavy investment and development. At a media event held this month at its Las Vegas technical center, Motional said it [...]
SEOUL, Jan. 12 (Korea Bizwire) — Applications to artificial intelligence–related majors surged in South Korea’s 2026 regular university admissions cycle, underscoring the growing perception of AI as a gateway to future employment and industrial relevance. According to an analysis released Monday by Jongro Academy, the number of applicants to AI-related departments at 20 leading universities rose [...]
SEOUL, Jan. 12 (Korea Bizwire) — Samsung Electronics’ boldest vision for the future of mobile devices took center stage at CES 2026, as its newly unveiled tri-fold smartphone was named the show’s top product by CNET, underscoring the company’s continued dominance in consumer electronics innovation. The Galaxy Z Tri-Fold won CNET’s highest honor, Best of CES [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea’s newspaper industry posted record revenues in 2024, surpassing 5 trillion won for the first time, driven largely by the rapid expansion of online outlets, according to a new industry survey released Monday. But the milestone masked deepening polarization, with a small number of large publishers capturing the bulk [...]
INJE, Jan. 12 (Korea Bizwire) — South Korea’s Inje Icefish Festival, long considered a hallmark of winter tourism, has been canceled for a third consecutive year, as warming winters and unstable ice conditions underscore the growing toll of climate change on seasonal events. The Inje County Cultural Foundation said Monday that it would not hold the [...]
SEOUL, Jan. 12 (Korea Bizwire) — Samsung Electronics has expanded its stock-based bonus program to include all employees, ending a rule that had required executives to receive at least half of their performance bonuses in company shares, according to people familiar with the decision. The move comes as Samsung’s share price has surged over the past [...]
SEOUL, Jan. 12 (Korea Bizwire) – Genesis, the independent luxury brand of Hyundai Motor Group, on Monday launched an updated lineup of the G70 sedan, which includes a new performance-enhanced Graphite Edition trim, the automaker said. For refreshed G70 and G70 Shooting Brake trims, Genesis made the previous Comfort Package configuration standard, which includes a [...]