SEOUL, May 23 (Korea Bizwire) — Cybersecurity is becoming an increasingly important factor car manufacturers have to consider with the global automotive industry’s move toward more “connected” and “software-defined” vehicles, an executive at a South Korean automotive cybersecurity solutions provider said Thursday. “The era of software-defined vehicles is coming … which means there is much [...]
SEOUL, May 23, 2025 (Korea Bizwire) – South Korea’s aviation sector is accelerating hiring efforts across key roles—including pilots, flight attendants, and maintenance personnel—as airlines prepare for a post-pandemic surge in passenger demand, expand their fleets, and brace for structural industry realignment. Korean Air, the country’s largest carrier, began accepting applications this week for summer internship [...]
SEOUL, May 22, 2025 (Korea Bizwire) — Asiana Airlines is facing mounting criticism and potential legal action over plans to offer unequal severance packages to employees affected by the company’s upcoming sale of its cargo division to Air Incheon, scheduled for July. According to industry sources, Asiana recently notified staff that domestic employees in its [...]
JEJU, May 22 (Korea Bizwire) — The number of electric vehicles actively operating on Jeju Island has surpassed 40,000, signaling a milestone in the island’s decade-long push toward greener transportation. According to the Jeju Provincial Government on Wednesday, as of the end of April 2025, a total of 40,267 electric vehicles were registered and actively in use [...]
SEOUL, May 20 (Korea Bizwire) — South Korea’s automobile exports to the United States fell sharply in April 2025, as new U.S. tariffs and a temporary slowdown in electric vehicle demand took a toll on the country’s largest export market for cars. According to data released Tuesday by the Ministry of Trade, Industry and Energy, [...]
SEOUL, May 20 (Korea Bizwire) — The first production model of South Korea’s homegrown KF-21 fighter jet entered final assembly Tuesday, the state arms procurement agency said, in a major milestone for the advanced aircraft acquisition project. A ceremony marking the final production phase took place at Korea Aerospace Industries Ltd.’s headquarters in Sacheon, about [...]
SEOUL, May 18 (Korea Bizwire) — Kia’s flagship electric SUV, the EV9, continues to earn top marks in global automotive comparisons, outscoring luxury competitors such as Volvo, Mercedes-Benz, and Audi in recent performance and value assessments by leading German automotive publications. German automotive magazine Auto Bild recently conducted a head-to-head evaluation of the Kia EV9 GT-Line [...]
DUBAI, United Arab Emirates, May 16, 2025 (Korea Bizwire) — With EBACE 2025 just days away, Falcon, part of Alex Group Investment, is getting ready to welcome visitors at its booth during Europe’s leading business aviation event, taking place from May 20 to 22 at Palexpo, Geneva, Switzerland. This will be Falcon’s first time exhibiting [...]
SEOUL, May 15 (Korea Bizwire) — Hyundai Motor Co. said Thursday it has broken ground on a production plant in Saudi Arabia, the company’s first manufacturing base in the Middle East, marking a key milestone for the company’s global expansion. A groundbreaking ceremony for Hyundai Motor Manufacturing Middle East (HMMME) was held Wednesday (local time) [...]
SEOUL, May 14 (Korea Bizwire) — Kia Corp. said Tuesday it has partnered with the Indian Institute of Technology (IIT) Tirupati to cooperate in fostering local engineering talent and enhancing future mobility capabilities in the South Asian nation. Under their memorandum of understanding signed Friday, the South Korean automaker will invest 350 million rupees (US$4.1 [...]