SEOUL, Dec. 1 (Korea Bizwire) — Days after Coupang disclosed a data breach affecting some 33.7 million customer accounts, users say they remain in the dark about what personal information was compromised, fueling anger and confusion surrounding one of South Korea’s largest-ever privacy failures. Coupang announced on Nov. 29 that names, email addresses, phone numbers, physical [...]
SEOUL, Dec. 1 (Korea Bizwire) — Samsung Heavy Industries Co., a major shipbuilder in South Korea, said Monday it has opened a remote operation center at Taiwanese shipping conglomerate Evergreen Group’s headquarters in Taipei. The Samsung Remote Operation Center (SROC) serves as a land-based control tower that monitors vessel information and equipment status in real [...]
SEOUL, Dec. 1 (Korea Bizwire) — Hyundai Steel Co., South Korea’s second-largest steelmaker, said Monday it will unveil a miniature model of its planned electric arc furnace (EAF) steel mill in the United States at a hydrogen exhibition this week. The model will be displayed at the Hyundai Motor Group booth during the World Hydrogen [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korean defense giant Hanwha Aerospace Co. said Monday it will participate in a biennial international defense exhibition in Egypt this week to showcase its flagship K9 howitzer and Chunmoo rocket system. The Egypt Defence Expo (EDEX) 2025 will take place from Monday (local time) through Thursday in Cairo, [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korean online platforms were seen carrying out emergency reviews of their data protection status, with Coupang Inc. widely expected to face major fines following a data breach, sources said Monday. On Saturday, the U.S.-listed e-commerce giant said personal information of 33.7 million customers has been compromised, far higher [...]
SEOUL, Dec. 1 (Korea Bizwire) — The Constitutional Court has ruled that a legal provision imposing aggravated penalties for violating the drunk driving ban three or more times is not unconstitutional, court officials said Monday. The court made the ruling unanimously last Thursday in response to a petition filed by a man who was indicted [...]
SEOUL, Dec. 1 (Korea Bizwire) — The justice ministry announced Monday that it has expanded the number of countries whose nationals can use automated immigration checks when entering Incheon International Airport, increasing the list from four to 18. The latest measure allows travelers from 14 additional countries, comprising the United Kingdom, France, Italy, Finland, Portugal, [...]
SEOUL, Dec. 1 (Korea Bizwire) — The South Korean government has received the first batch of Nvidia Corp.’s graphics processing units (GPUs) as part of the company’s plan to deploy 260,000 units to the country, government sources said Monday. The government executed 1.4 trillion won (US$952.7 million) in budget to bring in 13,000 GPUs from [...]
FREIBURG, Germany, Dec. 01, 2025 (Korea Bizwire) – Black Forest Labs, the category-defining visual intelligence company behind FLUX, today announced a $300M Series B led by AMP and Salesforce Ventures, at a post-money valuation of $3.25B. The round follows a previously unannounced Series A led by Andreessen Horowitz, with participation from BroadLight Capital, Creandum, Earlybird VC, General Catalyst, Northzone, and Nvidia, bringing total funds raised to [...]
VICTORIA, Seychelles, Dec. 01, 2025 (Korea Bizwire) – Bitget, the world’s largest Universal Exchange (UEX), has launched six all-new AI trading avatars inside GetAgent, marking a major step toward next-generation smart trading. As traders across the world test how well leading AI models like ChatGPT, Gemini and DeepSeek perform when placed into real trading environments, Bitget [...]