BOREYONG, South Korea, May 9 (Korea Bizwire) — What began as a modest college car festival has evolved into one of South Korea’s largest grassroots motorsports events. The Boryeong Motor Festival, now in its 15th year, drew a record 150,000 visitors to Daecheon Beach earlier this month, marking a dramatic rise in public engagement with [...]
SEOUL, May 8 (Korea Bizwire) — Samsung Electronics announced a major organizational overhaul on Thursday, establishing a dedicated AI Productivity Innovation Group within its Device Experience (DX) division as part of its push to transform into a fully “AI-driven company.” The move marks a significant step in Samsung’s efforts to embed artificial intelligence into its [...]
With trusted, user-controlled AI embedded across its platform, BlackLine empowers the Office of the CFO to streamline operations, unlock insights, and confidently move toward autonomous finance LOS ANGELES, May 08, 2025 (Korea Bizwire) – BlackLine, Inc. (Nasdaq: BL) today announced the continued expansion of its artificial intelligence (AI) capabilities, including new agents, delivering on its vision [...]
May 8, 2025 Amsterdam, the Netherlands – Royal Philips (NYSE: PHG, AEX: PHIA), today announced that its shareholders approved all proposals at the Annual General Meeting of Shareholders (AGM) 2025, including: The re-appointment of Ms Indra Nooyi and Ms Chua Sock Koong as members of the Supervisory Board. The appointment of Mr Bob White as a new [...]
CNH’s new Strategic Business Plan set to enhance product leadership and expand margins CNH’s new Strategic Business Plan will: Consolidate its position as the #1 or #2 player in all major markets Target a 16-17% Agriculture mid-cycle adjusted EBIT margin by 2030 Execute an additional $550M+ in run-rate operational and quality cost improvements Increase [...]
MILAN, May 8 (Korea Bizwire) — South Korea is preparing to roll out a new cross-border payment system that will allow travelers to make purchases abroad by simply scanning a QR code with a mobile app — no credit or debit card required. A companion feature will also enable cash withdrawals from overseas ATMs, aimed [...]
SEOUL, May 8 (Korea Bizwire) — As concerns mount over the long-term sustainability of South Korea’s national health insurance system, the government has introduced a new AI-powered model designed to more precisely detect medical institutions suspected of overcharging patients. The Health Insurance Review and Assessment Service (HIRA) announced Thursday that it has developed an advanced [...]
SEOUL, May 8 (Korea Bizwire) — HD Hyundai is embarking on a pioneering effort to develop South Korea’s first humanoid robot specialized in welding, teaming up with leading AI and robotics companies to advance automation in shipbuilding. The company announced Wednesday that its subsidiaries — HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Robotics — [...]
SEOUL, May 8 (Korea Bizwire) — South Korea’s Ministry of Health and Welfare announced plans on Thursdsay to introduce policies supporting childbirth outside of marriage, signaling a potential shift in a country where traditional family structures have long dominated social norms. First Vice Health Minister Lee Ki-il stated during a radio interview on Parents’ Day that [...]
SEOUL, May 8 (Korea Bizwire) — In the competitive world of premium televisions, color clarity is everything. Samsung Electronics took a bold step forward this week, announcing that its latest lineup of QLED TVs has been officially certified for meeting international standards that define the very architecture of quantum dot display technology. The certification, issued by [...]