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Coupang Introduces Verified “Safety Mark” to Combat Phishing Messages

Coupang Introduces Verified “Safety Mark” to Combat Phishing Messages

SEOUL, Dec. 13 (Korea Bizwire) – Coupang announced on December 12 the launch of a “Safety Mark” system to help customers identify official communications from the company and prevent phishing scams. The Safety Mark will appear on text messages sent from Coupang’s official customer service number (1577-7011) and includes the company’s logo, a shield symbol [...]

South Korea’s Construction Workforce Faces Rapid Aging Crisis, Youth Participation Declines

South Korea’s Construction Workforce Faces Rapid Aging Crisis, Youth Participation Declines

SEOUL, Dec. 13 (Korea Bizwire) – South Korea’s construction workforce is aging rapidly, with the average age of construction professionals exceeding 51, up from 38.1 in 2004, according to a report released on Thursday by the Korea Research Institute for Construction Industry (KRCI). The increase of 13 years over two decades highlights a significant demographic shift [...]

SK Hynix Tops “Dream Workplace” Rankings, Surpassing Samsung Electronics

SK Hynix Tops “Dream Workplace” Rankings, Surpassing Samsung Electronics

SEOUL, Dec. 12 (Korea Bizwire) –In a seismic shift in South Korea’s corporate desirability rankings, SK Hynix has claimed the top spot as the most coveted workplace for 2024, according to a report released by leading recruitment platform Catch. The semiconductor giant leaped from 4th place last year, overtaking long-time favorite Samsung Electronics, which fell [...]

LG Chem Enters Canadian Dermal Filler Market

LG Chem Enters Canadian Dermal Filler Market

SEOUL, Dec. 12 (Korea Bizwire) — LG Chem Ltd., South Korea’s leading chemical firm, said Thursday it has entered Canada’s dermal filler market as part of its business diversification strategy. LG Chem has launched its hyaluronic acid fillers under the YVOIRE brand in the Canadian market to meet a growing demand for Korean medical aesthetic [...]

Hyundai E&C Unveils Lifestyle App for Premium Residential Services

Hyundai E&C Unveils Lifestyle App for Premium Residential Services

SEOUL, Dec. 12 (Korea Bizwire) – Hyundai E&C has introduced a next-generation lifestyle app, consolidating its branded residential services into a single platform. The company announced on Thursday the launch of “My Hills” and “My THE H”, exclusive service apps for residents of its premium apartment brands, Hillstate and The H. The apps provide a seamless digital [...]

Chinese Commercial Vehicles Surge to Record Market Share in South Korea

Chinese Commercial Vehicles Surge to Record Market Share in South Korea

SEOUL, Dec. 12  (Korea Bizwire) – Chinese commercial vehicles captured their highest monthly market share of the year in South Korea’s imported vehicle market last month, raising concerns about growing Chinese dominance as companies like BYD prepare to enter the passenger car market.  According to data from Kaizen Auto Research Institute released on December 11, Chinese [...]

Hyundai Motor to Join Hands with Google to Advance Software Capabilities for Future Mobility

Hyundai Motor to Join Hands with Google to Advance Software Capabilities for Future Mobility

SEOUL, Dec. 12 (Korea Bizwire) — South Korean auto giant Hyundai Motor Group said Thursday it will join hands with Google to strengthen its automotive software system and deliver next-generation navigation and infotainment experiences for drivers. Under the partnership, Hyundai Motor will adopt Google’s Android Automotive Operating System (AAOS) and use Google Maps’ geolocation information [...]

Top Global Startups Recognized at 2024 K-Startup Grand Challenge Demo Day

Top Global Startups Recognized at 2024 K-Startup Grand Challenge Demo Day

SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s Ministry of SMEs and Startups announced the winners of the 2024 K-Startup Grand Challenge during a Demo Day event held at COEX on December 11. The competition, which aims to attract and support global startups in establishing their presence in South Korea, drew participation from 1,716 teams [...]

South Chungcheong Province Partners with Industry Leaders to Recycle Waste Plastic

South Chungcheong Province Partners with Industry Leaders to Recycle Waste Plastic

HONGSEONG, Dec. 12  (Korea Bizwire) – In a significant environmental initiative, waste vinyl that is typically incinerated will soon be transformed into high-quality resources, including aviation fuel. The South Chungcheong Province government signed a memorandum of understanding on December 11 at the provincial office with HD Hyundai Oilbank, Hanwha TotalEnergies, and four cities – Cheonan, Asan, [...]

Hyundai Ioniq 5 N Named ‘High-Performance Car of the Year’ in China

Hyundai Ioniq 5 N Named ‘High-Performance Car of the Year’ in China

SEOUL, Dec. 12  (Korea Bizwire) – Hyundai Motor’s Ioniq 5 N, its first dedicated electric vehicle under the high-performance “N” brand, has been named “High-Performance Car of the Year” at the 2025 China Car of the Year Awards, the company announced on Monday. The annual awards are among the most prestigious in China’s automotive industry, judged [...]