SEOUL, Dec. 26 (Korea Bizwire) — South Korea’s arcade industry is seeing a resurgence in spending as venues grow larger and attract an older, more affluent clientele, according to new data from KB Kookmin Card. An analysis of card transactions at about 400 entertainment and leisure merchants nationwide found that average per-person spending at arcades reached [...]
SEOUL, Dec. 26 (Korea Bizwire) — South Korea’s two leading biosimilar makers, Celltrion and Samsung Bioepis, are converging in global scale but diverging sharply in how they produce and sell their medicines, according to a new industry analysis released this week. A report by Korea Ratings said the contrasting strategies have become a defining feature of [...]
SEOUL, Dec. 26 (Korea Bizwire) — Samsung Electronics is set to unveil its first mobile graphics processing unit developed entirely with in-house technology, marking a significant step toward greater independence in the fiercely competitive semiconductor industry shaped by the rapid rise of artificial intelligence. According to industry officials on Thursday, Samsung has equipped its upcoming Exynos [...]
SEOUL, Dec. 26 (Korea Bizwire) — Samsung Electronics is using the run-up to CES 2026 to frame its next generation of products as the culmination of more than five decades of innovation in televisions and home appliances, signaling a renewed push to position artificial intelligence at the center of everyday life. On Thursday, the company released [...]
SEJONG, Dec. 25 (Korea Bizwire) — South Korea’s Fair Trade Commission said on Thursday that major online platforms and retailers have sharply increased the financial burdens placed on suppliers, with Coupang emerging as one of the largest recipients of supplier-funded promotional payments. According to a government survey of 40 major retailers across eight distribution sectors, Coupang [...]
SEOUL, Dec. 25 (Korea Bizwire) — LG Electronics is set to unveil a new humanoid home robot at CES 2026, signaling an ambitious push to redefine domestic life through artificial intelligence and robotics. The South Korean electronics maker said Thursday that it will introduce the robot, named LG CLOiD, at the world’s largest consumer technology show, [...]
SEOUL, Dec. 24 (Korea Bizwire) — U.S. President Donald Trump has gifted President Lee Jae Myung a specially designed gold key to the White House in return for the presents he received during his visit to South Korea in October, Lee’s chief of staff said Wednesday. In a Facebook post, Kang Hoon-sik said Trump handed [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korea carried out routine military drills this week near Dokdo, its easternmost islets, reaffirming its control over the disputed territory in exercises that again drew protests from Japan. The drills took place Tuesday in waters off Dokdo, according to a South Korean military official who said they were [...]
WASHINGTON•SEOUL, Dec. 24 (Korea Bizwire) – South Korea is pressing ahead with a bid for greater military autonomy within its alliance with the United States, a shift that reflects both Seoul’s growing confidence and Washington’s evolving strategic priorities as rivalry with China intensifies. From efforts to reclaim wartime operational control of its forces from the United [...]
NEW YORK, Dec. 24, 2025 (Korea Bizwire) – CertiK, the world’s largest Web3 security services provider, released its 2025 Skynet Hack3D Web3 Security Report, providing a comprehensive review of major security incidents and risk trends across the Web3 ecosystem over the past year. The report finds that, while the industry accelerated its recovery amid improving [...]