SEOUL, Dec. 5 (Korea Bizwire) — Korean Air Co. and its four affiliated airlines said Friday they will adopt SpaceX’s Starlink satellite internet service on their flights starting next year. Korean Air and four other airlines — full-service carrier Asiana Airlines Inc. and low-cost carriers Jin Air Co., Air Busan Co. and Air Seoul Inc. — [...]
SEOUL, Dec. 5 (Korea Bizwire) — POSCO International Corp. has finalized a strategic partnership agreement with Glenfarne Alaska LNG for the development of an Alaska liquefied natural gas (LNG) project, becoming the first South Korean company to officially participate in the major U.S. energy project backed by President Donald Trump, the American company said Friday. [...]
SEOUL, Dec. 5 (Korea Bizwire) — The government on Friday launched an interagency resource security council to beef up the country’s response capabilities against supply chain disruptions and stabilize management of critical resources, the industry ministry said. The council was established to bolster South Korea’s security in resources that play a crucial role for advanced [...]
SEOUL, Dec. 5 (Korea Bizwire) — Kia Corp. on Friday unveiled a new futuristic concept car featuring cutting-edge smart glass, reflecting the carmaker’s philosophy as it commemorates its 80th anniversary. The South Korean carmaker introduced the Vision Meta Turismo concept car, which “embodies Kia’s vision for a new era of mobility,” the company said during [...]
SEOUL, Dec. 5 (Korea Bizwire) — South Korean e-commerce giant Coupang is facing intensifying scrutiny after a major data leak revealed that significant portions of its Korean-language service were built and maintained by foreign developers, including sizable teams based in China. The primary suspect in the breach is a former Chinese employee who worked on the [...]
SEOUL, Dec. 4 (Korea Bizwire) — Song Chang-hyeon, head of Hyundai Motor Group’s Advanced Vehicle Platform (AVP) division and chief executive officer (CEO) of the group’s software research arm 42dot, has tendered his resignation amid a lack of progress in next-generation vehicle technologies, industry sources said Thursday. In a message sent to 42dot employees on [...]
SEOUL, Dec. 4 (Korea Bizwire) — LG Electronics convened a workshop in Seoul on Thursday with the Eclipse Foundation and major global automakers to accelerate the development of open-source software for software-defined vehicles (SDVs), part of the company’s broader push to expand its automotive solutions business. The event — the Eclipse SDV Community Meetup — brought [...]
SEOUL, Dec. 4 (Korea Bizwire) — The fallout from Coupang Inc.’s massive data breach is beginning to hit small businesses that depend heavily on the platform, with some vendors reporting sharp declines in sales and mounting anxiety about long-term damage, industry officials said Thursday. Last week, the U.S.-listed e-commerce giant disclosed that the personal information of [...]
SEOUL, Dec. 4 (Korea Bizwire) — Global electric-vehicle registrations topped 17 million in the first ten months of 2025, rising 25.5 percent from a year earlier despite widening divergences in regional demand and policy environments, according to new data released Wednesday by market research firm SNE Research. Worldwide EV sales — including plug-in hybrids — reached [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s major business lobby warned that companies may face nearly 27 trillion won (US$20.4 billion) in carbon-credit purchasing costs over the next five years under the government’s newly announced emissions trading allocation plan. The climate ministry swiftly rejected the estimate, calling it an exaggerated projection based on flawed assumptions. [...]