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Hyundai Rotem Ships First Korean High-Speed Trains to Uzbekistan

Hyundai Rotem Ships First Korean High-Speed Trains to Uzbekistan

SEOUL, Dec. 10 (Korea Bizwire) — Hyundai Rotem Co., the train and defense subsidiary of Hyundai Motor Group, on Wednesday shipped its initial batch of high-speed train exports to Uzbekistan after completing production ahead of schedule, the company said. A send-off ceremony for the shipment was held in Changwon, some 300 kilometers southeast of Seoul, [...]

South Korea Lays Out Long-Term Plan to Cement Lead in Next-Generation Memory Chips

South Korea Lays Out Long-Term Plan to Cement Lead in Next-Generation Memory Chips

SEOUL, Dec. 10 (Korea Bizwire) — South Korea unveiled a sweeping industrial strategy Wednesday to defend its lead in advanced memory semiconductors and accelerate development in underperforming segments, as global competition over artificial intelligence (AI) chips intensifies. Industry Minister Kim Jung-kwan said the government will invest 215.9 billion won ($146.8 million) by 2032 in next-generation memory [...]

ChemOne Group Announces Appointment of Former Malaysian Minister and Ambassador Dato’ Sri Nazri Aziz as Pengerang Energy Complex Board Member and Group Advisor

ChemOne Group Announces Appointment of Former Malaysian Minister and Ambassador Dato’ Sri Nazri Aziz as Pengerang Energy Complex Board Member and Group Advisor

SINGAPORE, Dec. 09, 2025 (Korea Bizwire) – ChemOne Group (“ChemOne”) is pleased to announce the appointment of Dato’ Sri Mohamed Nazri Abdul Aziz as a Board Member of Pengerang Energy Complex Sdn Bhd (“PEC”) and Advisor to the Group, further enhancing ChemOne’s leadership capabilities and strategic direction. Dato’ Sri Nazri, a prominent Malaysian statesman, formerly [...]

One New Star Shines in the MICHELIN Guide Doha’s Second Edition

One New Star Shines in the MICHELIN Guide Doha’s Second Edition

1 restaurant is promoted to One MICHELIN Star, while 2 others retain their Stars 4 new Bib Gourmand distinctions added, bringing the total to 8 Bib Gourmand restaurants in Doha A total of 44 restaurants are listed in the MICHELIN Guide Doha 2026 selection DOHA, Qatar, Dec. 10, 2025 (Korea Bizwire) – Doha’s culinary scene [...]

Younger Generations of Chaebol Families Rising Faster to Chairmanship Roles

Younger Generations of Chaebol Families Rising Faster to Chairmanship Roles

SEOUL, Dec. 10 (Korea Bizwire) — Executives from South Korea’s powerful family-run conglomerates are reaching the chairmanship earlier and faster than their predecessors, as younger generations move into leadership with accelerated promotion timelines, according to new corporate data released Tuesday. A study by Leaders Index examined 233 owner-family executives across 66 large business groups within the [...]

Land Shortage in Songdo Bio Cluster Prompts Plans to Reallocate Sites for Expanding Biopharma Firms

Land Shortage in Songdo Bio Cluster Prompts Plans to Reallocate Sites for Expanding Biopharma Firms

INCHEON, Dec. 10 (Korea Bizwire) —  Facing a shortage of industrial land for rapidly expanding biopharmaceutical companies in Songdo International Business District, Incheon authorities are moving to reassign plots originally earmarked for public institutions and universities to accommodate additional factory space, officials said Tuesday. The Incheon Free Economic Zone Authority (IFEZA) said Incheon Main Customs has [...]

Hyundai Motor Group Nears Annual Sales Target for First Time in 11 Years as Tariff Risks Ease

Hyundai Motor Group Nears Annual Sales Target for First Time in 11 Years as Tariff Risks Ease

SEOUL, Dec. 10 (Korea Bizwire) — Hyundai Motor Group is on the verge of achieving its annual global sales target for the first time in more than a decade, helped by easing tariff pressures in the United States and surging demand for hybrid and electric vehicles in key overseas markets, the company said Tuesday. The group [...]

Samsung to Build High-Tech Logistics Hub in Hwaseong to Anchor Southern Seoul Industrial Corridor

Samsung to Build High-Tech Logistics Hub in Hwaseong to Anchor Southern Seoul Industrial Corridor

SEOUL, Dec. 10 (Korea Bizwire) — Samsung Electronics will establish a major high-tech logistics center inside the H-Technovalley industrial complex in Hwaseong, Gyeonggi Province, the city government said Tuesday, marking the company’s third domestic logistics base after facilities in Pyeongtaek and Gochang. Hwaseong City signed an agreement with Samsung Electronics and H-Technovalley developer H Technovalley Co. [...]

Samsung Electro-Mechanics Invests in Norwegian Motor Firm to Bolster Humanoid Robot Business

Samsung Electro-Mechanics Invests in Norwegian Motor Firm to Bolster Humanoid Robot Business

SEOUL, Dec. 9 (Korea Bizwire) — Samsung Electro-Mechanics has made a multi-million-euro investment in a Norwegian maker of ultra-small, high-performance electric motors as the company accelerates its expansion into humanoid robotics, industry sources said Tuesday. The investment in Alva Industries, founded in 2017, was made through Samsung Venture Investment and funded by the SVIC 47 New [...]

Equativ Launches Media Planning Agent to Enhance Buyer Efficiency and Boost Campaign Outcomes

Equativ Launches Media Planning Agent to Enhance Buyer Efficiency and Boost Campaign Outcomes

Built on Maestro by Equativ, this is the first of a full suite of Equativ AI Agents for buyers that simplifies media planning, drives smarter decisions, higher ROAS, and scalable performance. NEW YORK, Dec. 09, 2025 (Korea Bizwire) – Equativ, the leading independent media platform, today announced the global launch of the Media Planning Agent, an [...]