SEOUL, May 15 (Korea Bizwire) — LG Group has opted not to hold its annual mid-year strategy briefing in 2025, a significant shift in its traditional executive agenda as the conglomerate pivots toward accelerating the implementation of its long-term plans amid heightened global uncertainty. According to industry sources on Wednesday, LG Chairman Koo Kwang-mo, who [...]
WASHINGTON, May 15 (Korea Bizwire) — A majority of Americans believe that investments by South Korean companies in the United States are beneficial to the U.S. economy, according to a recent poll released by the Korea Economic Institute of America (KEI), a Washington-based think tank. The survey, conducted by polling firm YouGov between December 17, 2024, and [...]
SEOUL, May 15 (Korea Bizwire) — South Korea’s leading e-commerce platforms are increasingly venturing into the offline space, launching a wave of pop-up stores to elevate brand visibility and draw new customers back to their digital platforms amid rising competition and shifting consumer habits. SSG.com, the e-commerce unit of retail giant Shinsegae Group, announced it will [...]
SEOUL, May 15 (Korea Bizwire) — Two years after the high-profile suicide of a young elementary school teacher at Seoul’s Seoi Elementary School sparked national outrage, according to new survey results released ahead of Teachers’ Day. A nationwide poll of 8,254 teachers conducted by the Korean Federation of Teachers’ Unions between April 23 and May 7 [...]
JEJU, May 14 (Korea Bizwire) — A new senior-led drone surveillance team officially began operations at Jeju International Airport on May 14, marking a novel initiative to boost airspace security using the experience of retired police officers, firefighters, and aviation professionals. The “Airport Safety Illegal Drone Patrol,” jointly launched by the Jeju Special Self-Governing Province [...]
Tealium now fuels real-time data streaming directly to Databricks’ powerful analytics and AI platform San Diego, May 14, 2025 (Korea Bizwire) – Tealium, the leading intelligent real-time data streaming platform, today announced a partnership with Databricks, the data and AI company, to power the next generation of marketing intelligence and AI activation capabilities. Tealium is now [...]
SEOUL, May 14 (Korea Bizwire) — Samsung Electronics has made its biggest acquisition in nearly a decade, purchasing Germany-based FläktGroup for €1.5 billion (approximately 2.38 trillion won or $1.68 billion) in a move to aggressively expand into the fast-growing global heating, ventilation, and air-conditioning (HVAC) market. The deal, announced Tuesday, positions Samsung to capitalize on soaring demand [...]
MILAN, May 14, 2025 (Korea Bizwire) – At the 19th International Architecture Exhibition – La Biennale di Venezia, taking place 10 May-23 November 2025, Politecnico di Milano will support seven projects addressing the challenges of contemporary architecture through an interdisciplinary lens. This year’s event, curated by Carlo Ratti, is entitled “Intelligens. Natural. Artificial. Collective.” and invites reflection [...]
TORONTO, May 14, 2025 (Korea Bizwire) – Bitget Wallet, the leading non-custodial Web3 wallet, will take the spotlight as a Platinum Sponsor at the Blockchain Futurist Conference, North America’s flagship crypto and blockchain event, taking place on 13 May 2025. With a full lineup of programming and community activations, Bitget Wallet’s presence signals continued investment in [...]
SEOUL, May 14 (Korea Bizwire) — South Korea is ramping up efforts to reduce its reliance on foreign drone technology and establish itself as a global leader in the sector, with the launch of a government-backed drone alliance and five flagship development projects aimed at advancing domestic capabilities. The Ministry of Land, Infrastructure and Transport [...]