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Coupang Breach Exposes Data of 33.7 Million Users, Triggering Nationwide Alarm

Coupang Breach Exposes Data of 33.7 Million Users, Triggering Nationwide Alarm

SEOUL, Nov. 30 (Korea Bizwire) — Anxiety is rising in South Korea after a massive data breach at e-commerce heavyweight Coupang, which local officials said Sunday may have gone undetected for months. The U.S.-listed retailer said Saturday that personal information belonging to 33.7 million customers—virtually its entire user base—was compromised. The exposed data includes names, [...]

As E-Scooter Accidents Surge, Korea Moves to Tighten Rules — and Confronts Pushback

As E-Scooter Accidents Surge, Korea Moves to Tighten Rules — and Confronts Pushback

SEOUL, Nov. 30 (Korea Bizwire) — South Korea is moving to tighten regulations on electric scooters as accidents involving personal mobility devices surge nationwide, raising concerns over public safety while prompting debate about the future of these increasingly common, eco-friendly vehicles. According to data released on Sunday by the Korea Road Traffic Authority, accidents involving personal [...]

Hyundai Motor Group to Launch Korea’s First Vehicle-to-Grid Service on Jeju Island

Hyundai Motor Group to Launch Korea’s First Vehicle-to-Grid Service on Jeju Island

SEOUL, Nov. 28 (Korea Bizwire) — Hyundai Motor Group will roll out South Korea’s first vehicle-to-grid (V2G) pilot service next month on Jeju Island, enabling electric vehicles to function as energy resources by sending stored electricity back to the grid, the company announced Friday. The pilot project stems from a partnership Hyundai signed in September with [...]

Seoul Forms Task Force to Develop Indigenous Engine for Next-Gen Fighter Jets

Seoul Forms Task Force to Develop Indigenous Engine for Next-Gen Fighter Jets

SEOUL, Nov. 28 (Korea Bizwire) — South Korea has created an interministerial task force to spearhead the development of an advanced aircraft engine for its next-generation fighter jets, an effort aimed at joining the small group of nations capable of producing such high-end defense technology, government officials said on Friday. The new body brings together [...]

China’s Manufacturing Machine Poised to Expand Global Reach, Korea’s Central Bank Warns

China’s Manufacturing Machine Poised to Expand Global Reach, Korea’s Central Bank Warns

SEOUL, Nov. 28 (Korea Bizwire) — China’s manufacturing sector could further strengthen its global dominance amid trade tension with the United States, potentially posing a risk to South Korea and other manufacturing-focused countries, South Korea’s central bank said Friday. “Even if the U.S. eases its tariff policies, the U.S.-China competition is likely to persist, and [...]

Nuri Rocket Success Puts Korea’s First Spaceport Back in the Spotlight

Nuri Rocket Success Puts Korea’s First Spaceport Back in the Spotlight

GOHEUNG, Nov. 27 (Korea Bizwire) — The successful fourth launch of South Korea’s Nuri rocket has renewed attention on the Naro Space Center in Goheung, South Jeolla Province — the country’s first and only launch site, and the core of its rapidly expanding space ambitions. Opened in 2009 on Oenarodo Island, the Naro Space Center serves [...]

Nuri’s Pre-Dawn Liftoff Signals New Phase in South Korea’s Space Ambitions

Nuri’s Pre-Dawn Liftoff Signals New Phase in South Korea’s Space Ambitions

GOHEUNG, South Korea, Nov. 27 (Korea Bizwire) — South Korea’s homegrown space ambitions took another decisive step forward early Thursday, when its Nuri rocket rose from a seaside launchpad on the nation’s southern coast and carried 13 satellites into orbit — a predawn ascent that officials hailed as a milestone for the country’s growing private-sector space ecosystem. [...]

Public Backlash Grows Ahead of Talks on Possible Ban of Dawn Delivery Services

Public Backlash Grows Ahead of Talks on Possible Ban of Dawn Delivery Services

SEOUL, Nov. 27 (Korea Bizwire) — A public petition opposing a potential ban on South Korea’s popular dawn delivery services surpassed 25,000 signatures on Thursday, one day before a government-labor-industry dialogue committee is set to meet for a third round of discussions on the issue. The petition, filed by a self-described working mother, argues that overnight [...]

Scientists Develop Faster, More Durable Fuel Cell Catalyst Using CO-Based Method

Scientists Develop Faster, More Durable Fuel Cell Catalyst Using CO-Based Method

DAEJEON, Nov. 27 (Korea Bizwire) — South Korean scientists have developed a new method for producing fuel cell catalysts that dramatically cuts manufacturing time and improves durability, the Korea Institute of Energy Research (KIER) said Thursday. The technique replaces conventional copper-based coating methods with a carbon monoxide–assisted process that allows researchers to form precise metal thin [...]