Korea Bizwire, Author at Be Korea-savvy | Page 304 of 1055
Airline Employee Charged in Leak of BTS Flight Details to Stalker Fans

Airline Employee Charged in Leak of BTS Flight Details to Stalker Fans

SEOUL, July 22 (Korea Bizwire) — South Korean authorities have indicted a group involved in the illegal sale of private flight information belonging to BTS and other K-pop celebrities, escalating concerns over persistent privacy violations in the entertainment industry. According to Seoul’s cybercrime police unit on Tuesday, a foreign airline employee identified as “A” was [...]

Samsung Display’s New Foldable OLED Panel Proves Ultra-Durable in 500,000-Fold Test

Samsung Display’s New Foldable OLED Panel Proves Ultra-Durable in 500,000-Fold Test

SEOUL, July 22 (Korea Bizwire) — Samsung Display has demonstrated the exceptional durability of its latest foldable OLED panel, featured in the Galaxy Z Fold7, by successfully completing a rigorous 500,000-fold test conducted by global certification agency Bureau Veritas. In a statement on Tuesday, the company said the panel remained fully functional after being folded [...]

Bitget Expands Starlink-Powered PayFi Islands Initiative to Negros Oriental

Bitget Expands Starlink-Powered PayFi Islands Initiative to Negros Oriental

DUMAGUETE, Philippines, July 22, 2025 (Korea Bizwire) – Bitget, the leading cryptocurrency exchange and Web3 company, is deepening its commitment to digital inclusion in the Philippines by expanding its PayFi Islands initiative to Negros Oriental. This next phase will bring Starlink-powered high-speed internet to Apo Elementary School and the Arts and Design Collective Dumaguete (ADCD), tackling long-standing connectivity challenges [...]

K-pop Album Exports and Sales Decline Sharply in First Half of 2025, Raising Industry Concerns

K-pop Album Exports and Sales Decline Sharply in First Half of 2025, Raising Industry Concerns

SEOUL, July 22(Korea Bizwire) — South Korea’s K-pop industry is facing mounting concerns as both album exports and sales declined in the first half of 2025, signaling a broader slowdown in a market once considered resilient to global economic headwinds. Even Japan — historically K-pop’s strongest overseas market — saw reduced import volumes, prompting calls for [...]

Bizarre AI-Generated Food Videos Spark Ethical Concerns and Cultural Shift

Bizarre AI-Generated Food Videos Spark Ethical Concerns and Cultural Shift

SEOUL,July 22 (Korea Bizwire) — A new wave of AI-generated “mukbang” (eating broadcast) content is taking South Korea by storm — and splintering public sensibilities in the process. From people consuming lava and jewels to animations of dogs and cats being eaten with chopsticks, the rise of surreal, grotesque food videos is challenging both ethical [...]

Heatwave and Monsoon Drive Shoppers Indoors, Boosting Department Store Sales and ‘Mallcation’ Trend

Heatwave and Monsoon Drive Shoppers Indoors, Boosting Department Store Sales and ‘Mallcation’ Trend

SEOUL, July 22 (Korea Bizwire) — As record-breaking heat and monsoon rains sweep across South Korea this month, a growing number of consumers are opting to spend their leisure time indoors — fueling a retail phenomenon known as “mallcations” and delivering a significant sales boost to department stores and outlet malls. According to major retailers, [...]

Korean Mid-Sized Companies Turn to M&A to Build Synergies Across Sectors

Korean Mid-Sized Companies Turn to M&A to Build Synergies Across Sectors

SEOUL, July 22 (Korea Bizwire) — South Korea’s mid-sized and smaller business groups are increasingly leveraging mergers and acquisitions (M&A) to expand their reach, diversify services, and create synergies between legacy businesses and emerging growth engines — from hospitality and aviation to cosmetics, food tech, and education. Recent deals underscore how cross-sector integration is reshaping [...]

Deluge of AI-Generated Videos Raises Alarm Over Misinformation and Regulation Gaps

Deluge of AI-Generated Videos Raises Alarm Over Misinformation and Regulation Gaps

SEOUL, July 22 (Korea Bizwire) — A viral video shows Seoul’s Gyeongbokgung Palace submerged in water after torrential rain, with people in yellow raincoats bailing out water — and, in a surreal twist, a seal swimming across the flooded courtyard. It looks uncannily real, but the scene is pure fiction, created by artificial intelligence. As [...]

After Two Years of Decline, Imported Car Sales Surge on Back of New Models and Eco-Friendly Demand

After Two Years of Decline, Imported Car Sales Surge on Back of New Models and Eco-Friendly Demand

SEOUL, July 22 (Korea Bizwire) — South Korea’s imported car market is on a sharp rebound in 2025, reversing a two-year contraction as demand for eco-friendly and high-end models soars, supported by a wave of new releases and increased purchases by consumers in their 40s and corporate buyers. According to the Korea Automobile Importers & [...]

Surge in Foreign Medical Graduates Passing Korea’s Licensing Preliminary Exam

Surge in Foreign Medical Graduates Passing Korea’s Licensing Preliminary Exam

SEOUL, July 21 (Korea Bizwire) — A record number of foreign medical school graduates have passed South Korea’s preliminary medical licensing exam this year, marking a more than threefold increase from the previous year, signaling a shifting landscape in the country’s medical profession. According to the Korea Health Personnel Licensing Examination Institute on July 20, [...]