SEOUL, Dec. 24 (Korea Bizwire) — Samsung Electronics Co. Chairman Lee Jae-yong retained the top spot among South Korea’s stock-rich individuals, with his equity holdings increasing sharply over the past year amid a strong rally in the local stock market, industry data showed Wednesday. The top 100 shareholders of listed companies held shares worth a [...]
SEOUL, Dec. 24 (Korea Bizwire) — “Culinary Class Wars: Season 2″ debuted at No. 1 on Netflix’s weekly non-English series chart, the streaming service said Wednesday. The hit cooking competition, released last Tuesday, topped the category with 5.5 million views for the week ending Dec. 21, according to data from Netflix’s official site Tudum. The [...]
SEOUL, Dec. 24 (Korea Bizwire) — Samsung Electronics has stepped up its push into new growth sectors with its second billion-euro acquisition of the year, signaling a renewed appetite for large-scale dealmaking as it expands beyond its traditional strongholds. The company said Tuesday that it had acquired the advanced driver-assistance systems business of Germany’s ZF Friedrichshafen [...]
SUNNYVALE, Calif., Dec. 23, 2025 (Korea Bizwire) – Following its successful listing on the Main Board of the Hong Kong Stock Exchange (02665.HK), Seyond, a global leader in image-grade LiDAR solutions, is entering a new phase of growth marked by accelerating commercial traction and expanding adoption across autonomous mobility markets. With a mission to connect [...]
MONACO, Dec. 23, 2025 (Korea Bizwire) – Monaco will host a major international yachting and exploration event from 21 to 24 March 2026, following the announcement of a new transatlantic partnership between the Yacht Club de Monaco and The Explorers Club of New York. The collaboration was unveiled during the Yacht Club de Monaco’s end-of-year [...]
BUSAN & SEOUL, Dec. 24 (Korea Bizwire) — South Korea’s oceans ministry said on Tuesday that it would begin preparing trial voyages along the Arctic shipping route next year, positioning the country to take advantage of new maritime pathways opening as climate change reshapes global trade and fishing conditions. At a presidential policy briefing in Busan, [...]
SEOUL, Dec. 23 (Korea Bizwire) — The families of Koreans who were forcibly conscripted by Imperial Japan during World War II and later enshrined at Japan’s controversial Yasukuni Shrine have filed a lawsuit in a South Korean court, seeking the removal of their relatives’ names and damages for what they describe as an ongoing violation of [...]
SEOUL, Dec. 23 (Korea Bizwire) — Hyundai Motor Group said on Tuesday that it placed more vehicles at the top of the latest U.S. crash safety ratings than any other global automaker this year, underscoring the company’s growing emphasis on safety as a core competitive strength. According to results released by the Insurance Institute for Highway [...]
SEOUL, Dec. 23 (Korea Bizwire) — South Korean prosecutors have charged a group of former Samsung Electronics employees with illegally transferring core semiconductor technologies to a Chinese rival, in what authorities described as one of the most serious cases of industrial espionage involving the country’s strategic industries. The Seoul Central District Prosecutors’ Office said on [...]
SEOUL, South Korea and SHENZHEN, China and WILMINGTON, N.C., Dec. 23, 2025 (Korea Bizwire) – MBAK Energy Solutions, Inc. (OTC:MBAK) is partnering with the University of Michigan Perot-Jain TechLab through its Kenyan distribution partner, Carbon-Zero Mobility, Ltd. (CZM) to improve the “open-source” charging mechanisms that are basic kit for the MBAK manufactured Dominion line of [...]