Korea Bizwire, Author at Be Korea-savvy | Page 296 of 1054
Amid U.S. Pressure, Seoul Walks a Tightrope on Tariffs and Farm Trade

Amid U.S. Pressure, Seoul Walks a Tightrope on Tariffs and Farm Trade

SEOUL, July 28 (Korea Bizwire) — As an August 1 deadline looms, South Korea finds itself under mounting pressure from the United States to further open its agricultural and livestock markets—a delicate issue that has long tested the country’s balancing act between international diplomacy and domestic political realities. Behind closed doors, the two allies are [...]

Samsung Lands $16.4 Billion AI Chip Deal With Tesla, Signaling Strategic U.S. Expansion

Samsung Lands $16.4 Billion AI Chip Deal With Tesla, Signaling Strategic U.S. Expansion

SEOUL, July 28 (Korea Bizwire) — Samsung Electronics said Monday it has secured a landmark 22.8 trillion-won (approximately $16.4 billion) contract to supply artificial intelligence semiconductors, in what it described as the largest chip order in its history. The South Korean tech giant declined to name the customer in a regulatory filing, citing confidentiality. But hours [...]

Doosan Fuel Cell begins mass production of fuel cell power systems using Ceres technology

Doosan Fuel Cell begins mass production of fuel cell power systems using Ceres technology

Major milestone for Ceres and Doosan partnership Products will target rapidly growing AI/data centre and commercial power markets HORSHAM, United Kingdom, July 28, 2025 (Korea Bizwire) – Ceres Power Holdings plc (CWR.L, “Ceres” or the “Company”), a leading developer of clean energy technology, and the Doosan Corporation announce that Doosan Fuel Cell has commenced mass [...]

OMS Energy Technologies Inc. Announces Fiscal Year 2025 Financial Results

OMS Energy Technologies Inc. Announces Fiscal Year 2025 Financial Results

SINGAPORE, July 28, 2025 (Korea Bizwire) – OMS Energy Technologies Inc. (“OMS” or the “Company”) (NASDAQ: OMSE), a growth-oriented manufacturer of surface wellhead systems (“SWS”) and oil country tubular goods (“OCTG”) for the oil and gas industry, today announced its financial results for the fiscal year ended March 31, 2025. Fiscal Year 2025 Financial Highlights [...]

You’re Invited: Mark the Panda Twins’ Birthday in Hong Kong with Citywide Celebrations and a Birthday-edition LABUBU x Panda Twins Lucky Draw

You’re Invited: Mark the Panda Twins’ Birthday in Hong Kong with Citywide Celebrations and a Birthday-edition LABUBU x Panda Twins Lucky Draw

This is not just any old birthday party – it’s a month-long extravaganza filled with panda-tastic surprises, Insta-worthy moments, and a chance to take home your very own LABUBU x Panda Twins. HONG KONG, July 28, 2025 (Korea Bizwire) – This summer, Hong Kong is going into cuteness overload with a citywide celebration marking the [...]

Encrypted Silence: As Key Figures Withhold iPhone Passwords, South Korean Investigations Stall

Encrypted Silence: As Key Figures Withhold iPhone Passwords, South Korean Investigations Stall

SEOUL, July 28 (Korea Bizwire) — South Korea is grappling with the increasing challenge of suspects refusing to reveal their smartphone passwords—a trend spotlighted most recently by former President Yoon Suk-yeol’s reported noncompliance in a high-profile investigation into the death of military corporal Chae. Prosecutors say Yoon’s refusal to unlock his device has hindered the [...]

Hyundai’s U.S. Localization Plan Puts Pressure on Korean Auto Parts Industry

Hyundai’s U.S. Localization Plan Puts Pressure on Korean Auto Parts Industry

SEOUL, July 28 (Korea Bizwire) — Hyundai Motor’s move to localize auto parts production in the United States in response to steep U.S. tariffs is casting a shadow over South Korea’s auto parts industry, sparking concerns of declining exports and weakened domestic supply contracts. In its second-quarter earnings call on July 24, Hyundai confirmed it [...]

Workplace Bullying of Migrant Workers Exposes Flaws in Korea’s Employment Rules

Workplace Bullying of Migrant Workers Exposes Flaws in Korea’s Employment Rules

GWANGJU, July 28 (Korea Bizwire) — A recent case of workplace bullying in Naju, South Korea, has once again exposed the harsh realities faced by migrant workers—many of whom suffer in silence under a labor system critics say traps them in abusive conditions. According to the Gwangju-Jeonnam Migrant Human Rights Network and the Jeonnam Labor [...]

Battery Stocks Soar in Korea, But Retail Investors Bet on a Reversal

Battery Stocks Soar in Korea, But Retail Investors Bet on a Reversal

SEOUL, July 28 (Korea Bizwire) — South Korea’s battery sector surged to the top of domestic stock performance rankings in July, buoyed by rising lithium prices and new U.S. trade actions against China. Yet individual investors are increasingly betting on a market correction, diverging sharply from the bullish stance of foreign institutions. According to data [...]