SEOUL, Dec. 31 (Korea Bizwire) — Samsung Electronics’ semiconductor division is set for a sharp rebound in performance bonuses this year, reflecting a strong recovery in memory chip demand after last year’s industry downturn. According to industry officials, Samsung Electronics announced internally on Tuesday its projected payout rates for its annual OPI (Over-Performance Incentive) bonuses by [...]
SEOUL, Dec. 31 (Korea Bizwire) — South Korea will introduce revised standard contracts for aspiring singers and actors that clarify compensation deadlines and strengthen protections for minors, in a move aimed at curbing long-standing abuses in the entertainment industry. The Ministry of Culture, Sports and Tourism said Wednesday that it will formally announce new standard trainee [...]
SEOUL, Dec. 31 (Korea Bizwire) — Imports of long-life sterilized milk into South Korea have surged over the past decade, even as overall milk consumption declines and domestic dairy producers struggle with high costs and shrinking demand. According to data from the Korea Customs Service, imports of sterilized milk rose more than tenfold, from about 4,000 [...]
SEOUL, Dec. 31 (Korea Bizwire) — Coupang disclosed the results of its controversial internal probe into a massive data breach directly to U.S. regulators without prior coordination with the South Korean government, according to filings reviewed Tuesday. In a submission to the U.S. Securities and Exchange Commission dated Monday, the U.S.-listed e-commerce giant said that [...]
SEOUL, Dec. 30 (Korea Bizwire) — Only 36.7 percent of Japanese people said they support efforts to provide diplomatic support to achieve peace on the Korean Peninsula, hovering well below the global average, a survey showed Tuesday. The percentage of Japanese citizens who backed the idea of offering economic and military support also stood at [...]
SEOUL, Dec. 30 (Korea Bizwire) — The National Intelligence Service (NIS) on Tuesday dismissed the interim chief of Coupang Corp.’s claim that the company conducted an internal probe into a massive data leak upon its order and requested the National Assembly to file a complaint against the executive over alleged perjury. The move came after [...]
STOCKHOLM, Dec. 30, 2025 (Korea Bizwire) – Seyond, a global leader in high-performance image-grade LiDAR solutions, today announced a new agreement to deploy its advanced detection technology across key traffic infrastructure locations in Sweden. The project, valued at approximately $2.6 million, will see Seyond’s state-of-the-art solution, SIMPL, integrated into the infrastructure portfolio of Aventi Sweden (formerly [...]
WiSA™, Data Vault™, Digital Twins, ADIO®, Events Citadel™, VerifyU™, and DVHolo™ on Exhibit January 6 to 9, 2026 in Las Vegas, Nevada PHILADELPHIA, Dec. 30, 2025 (Korea Bizwire) – via IBN — Datavault AI Inc. (“Datavault AI” or the “Company”) (NASDAQ: DVLT), a leader in data monetization, credentialing, and digital engagement technologies, today announced it [...]
The Oobit Ecosystem Includes Participation from Major Stablecoin Infrastructure Providers, Including Tether, Reinforcing the Institutional Orientation of the Digital Treasury Framework KUALA LUMPUR, Malaysia, Dec. 30, 2025 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified holding company with a strategic focus across digital infrastructure, artificial intelligence, and next-generation [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Koreans will be able to easily read the Rodong Sinmun, North Korea’s main newspaper, at designated facilities and major public libraries, starting Tuesday, according to the unification ministry. The public will be able to easily access the Rodong Sinmun, like general publications, at around 20 facilities, as the newspaper [...]