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 [...]
SEOUL, May 14 (Korea Bizwire) — French luxury brand Dior has come under scrutiny in South Korea for failing to report a recent data breach involving Korean customers to the Korea Internet & Security Agency (KISA), as required under domestic law, a lawmaker’s office said Wednesday. According to Rep. Choi Soo-jin of the ruling People Power [...]
SEOUL, May 14 (Korea Bizwire) — LG Electronics is strengthening its global brand identity through a series of community and environmental initiatives under its signature slogan, “Life’s Good,” aiming to amplify its social impact and promote sustainable values. According to the company on Wednesday, LG’s U.S. division recently installed more than 150 hand-built birdhouses in both [...]
SEOUL, May 14 (Korea Bizwire) — An envisioned U.S. national defense strategy may lead South Korea and the United States to explore “greater flexibility” of the 28,500-strong U.S. Forces Korea (USFK) to help keep an assertive China in check, a former senior Pentagon official said Tuesday. Randall Schriver, former assistant secretary of defense for Indo-Pacific [...]
SEOUL, May 14 (Korea Bizwire) — South Korea will introduce a new supercomputer from Hewlett Packard Enterprise (HPE) under a contract that includes five years of maintenance and repair services, the science ministry said Wednesday. The Korea Institute of Science and Technology Information (KISTI) signed a 382.5 billion-won (US$270 million) deal with HPE to install [...]
SEOUL, May 14 (Korea Bizwire) — South Korean chip giant SK hynix Inc. has been ranked the top company in terms of investment and business performance among the country’s 268 major companies, a market tracker said Wednesday. SK hynix, the world’s second-largest memory chipmaker, received 622.9 points out of the full 800 in a business [...]
SEOUL, May 14 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it has acquired FlaktGroup Holding GmbH, a Germany-based ventilation company, for 1.5 billion euros (US$1.68 billion), marking its largest takeover in about eight years. The company has signed an agreement with European investment firm Triton to take over a 100 percent stake in the [...]
SEOUL, May 14 (Korea Bizwire) — Kia Corp. said Tuesday it has partnered with the Indian Institute of Technology (IIT) Tirupati to cooperate in fostering local engineering talent and enhancing future mobility capabilities in the South Asian nation. Under their memorandum of understanding signed Friday, the South Korean automaker will invest 350 million rupees (US$4.1 [...]
WASHINGTON, May 13 (Korea Bizwire) — North Korea is projected to have 50 ground-based intercontinental ballistic missiles (ICBMs), capable of carrying a nuclear warhead, by 2035, an intelligence agency of the U.S. Defense Department said in a report Tuesday. The Defense Intelligence Agency (DIA) released the report on the current and future threats to the [...]