SEOUL, Nov. 18 (Korea Bizwire) — LG Electronics has introduced a new home ventilation system designed to improve indoor air quality in increasingly airtight residential spaces, as South Korea moves into the winter heating season and concerns over fine dust persist. The company said Tuesday it will launch LG Premium Ventilation Plus, a system that filters [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea’s Health Insurance Review and Assessment Service (HIRA) on Monday launched a new centralized platform designed to bring unprecedented transparency to financial interactions between pharmaceutical and medical device companies and healthcare professionals. The “Expense Report Management System,” formally opening Nov. 17, is the country’s first unified public database allowing [...]
SEOUL, Nov. 18 (Korea Bizwire) — Hyundai Motor Group will supply hydrogen fuel-cell buses to Guangzhou as part of a joint initiative with China’s commercial vehicle maker Kaiwo Group, the company said Tuesday, marking a significant expansion of its hydrogen mobility footprint in the world’s largest auto market. The 8.5-meter hydrogen buses—co-developed by Hyundai’s local fuel-cell [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea’s consumer goods exports—long considered a supporting player to the country’s heavyweight industries—are rapidly emerging as a new growth engine, fueled by the global spread of Hallyu and the runaway popularity of titles like the animated film K-Pop Demon Hunters. Government data show that exports of K-food, K-beauty, and [...]
SEOUL, Nov. 18 (Korea Bizwire) – SK hynix Inc.’s expanded investment plan for its new chip cluster will bolster its responsiveness to soaring global demand for memory chips amid the artificial intelligence (AI) boom, industry watchers said Tuesday. During a meeting held Sunday with President Lee Jae Myung and leaders of other major conglomerates, SK [...]
SEOUL, Nov. 18 (Korea Bizwire) — Seoul awoke Tuesday to the kind of cold that seems to arrive all at once, reshaping the edges of the city overnight. By dawn, the capital had slipped decisively into winter: a sharp sub-zero chill, the first of the season, settling over streets and riverbanks. According to the Korea Meteorological [...]
SEOUL, Nov. 18 (Korea Bizwire) — Hyundai Motor Group is moving to strengthen its defenses against mounting cyber threats, establishing a new group-wide control tower and sharply increasing investments in information security amid a wave of high-profile hacking incidents in South Korea. According to industry officials on Tuesday, the conglomerate recently created the Group Cyber Threat [...]
SEOUL, Nov. 18 (Korea Bizwire) — By mid-afternoon on a gray November day in Seoul, the Yeongdeungpo Police Station received the kind of call that sounds like a prank until an officer has to write it down: A parrot is drinking my coffee. When officers arrived at the small neighborhood café in Yangpyeong-dong, they found the [...]
SEOUL, Nov. 18 (Korea Bizwire) — South Korea and the United States issued a joint fact sheet and a Security Consultative Meeting (SCM) statement during President Lee Jae-myung’s summit with U.S. President Donald Trump. Days later, North Korea released an unusually long and detailed commentary outlining its objections. The response, while restrained in tone, signals important [...]
SEOUL, Nov. 18 (Korea Bizwire) — North Korea on Tuesday issued its first official response to last week’s U.S.–South Korea summit, denouncing the joint fact sheet and Security Consultative Meeting (SCM) statement as fresh evidence of what it called Washington and Seoul’s “hostile and confrontational intent.” In a lengthy commentary carried by the Korean Central News [...]