SEOUL, May 8 (Korea Bizwire) — In a strategic move underscoring its long-term commitment to one of the world’s fastest-growing consumer markets, LG Electronics is set to break ground on a sprawling new home appliance factory in eastern India. The South Korean electronics giant announced Thursday that it will invest $600 million to build the [...]
SEOUL, May 8 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will unveil its new ultra-slim Galaxy S25 Edge smartphone next week. The launch event, titled “Galaxy S25 Edge: Beyond Slim,” will be livestreamed at 9 a.m. (Korean time) on May 13, the company said in an invitation. The event will be broadcast on Samsung [...]
SEOUL, May 8 (Korea Bizwire) — LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Thursday it has acquired General Motors Co.’s entire stake in their joint venture (JV) battery plant in Michigan for 3 trillion won (US$2.04 billion). The acquisition of the Ultium Cells JV No. 3 plant in Lansing, Michigan, is [...]
SEOUL, May 8 (Korea Bizwire) — The United States’ biggest clean energy alliance has joined a carbon-free energy (CFE) initiative led by South Korea, Seoul’s industry ministry said Thursday. The U.S. Clean Energy Buyers Association (CEBA) signed a memorandum of understanding (MOU) for bilateral cooperation with South Korea’s Carbon Free Alliance (CFA) on the sidelines [...]
SEOUL, May 8 (Korea Bizwire) — The number of imported vehicles sold in South Korea last month dropped slightly from a year earlier, but eco-friendly vehicles such as hybrids and electric vehicles (EVs) accounted for a record 81 percent of the total, industry data showed Thursday. According to the Korea Automobile Importers and Distributors Association [...]
BUSAN, May 8 (Korea Biziwre) — Starting this year, residents of Busan who wish to own certain aggressive dog breeds such as pit bulls and Rottweilers must not only obtain a local government permit but also pass a formal temperament assessment, the city announced Wednesday. The move follows the implementation of South Korea’s revised Animal Protection [...]
CHUNCHEON, South Korea, May 8 (Korea Bizwire) — The city of Chuncheon will transform into a global hub for puppetry later this month, as it hosts the 2025 UNIMA World Congress and Chuncheon World Puppet Festival, drawing more than 1,000 artists from 21 countries. Scheduled to run from May 26 to June 1 across various venues [...]
SEOUL, May 7 (Korea Bizwire) — More than half of South Korean adults are experiencing prolonged emotional distress, with widespread perceptions of unfairness fueling rising levels of societal resentment and mental health strain, according to a nationwide survey released by Seoul National University’s Graduate School of Public Health. The study, conducted in April 2025 and involving [...]
DAEJEON, May 8 (Korea Bizwire) — South Korea’s Korea Advanced Institute of Science and Technology (KAIST) has unveiled a cutting-edge artificial intelligence tool designed to assist musicians in the creative process by turning abstract inspirations into musical compositions. The system, called “Amuse,” was developed by Professor Lee Sung-joo’s research team in KAIST’s Department of Electrical Engineering. [...]
SEOUL, May 8 (Korea Bizwire) — With dementia-related missing person cases on the rise amid South Korea’s rapidly aging population, police are ramping up efforts to promote a fingerprint pre-registration system aimed at swiftly reuniting patients with their families. The initiative, known as the Preemptive Fingerprint Registration Program, allows dementia patients to voluntarily register their fingerprints, [...]