DAEJEON, July 18 (Korea Bizwire) — South Korea is seeing a sharp rise in baking-related patents, driven by growing consumer demand for bread and a cultural shift toward Western-style diets, according to the Korean Intellectual Property Office (KIPO). Over the past two decades, more than 3,500 patent applications have been filed in the baking sector, [...]
IKSAN, July 18 (Korea Bizwire) – McDonald’s Korea’s latest local specialty, the “Iksan Sweet Potato Mozzarella Burger,” has become a viral sensation on social media, surpassing 500,000 units sold within just four days of its release on July 10. The burger is now poised to reach the one-million mark by this weekend, according to officials [...]
SEOUL, July 17 (Korea Bizwire) — In a move aimed at bolstering food safety and consumer trust, the Korea Food Research Institute has developed a cutting-edge infrared hyperspectral imaging technology powered by artificial intelligence to detect quality changes in beef during distribution. The new system allows for real-time, non-destructive analysis of subtle quality deterioration in [...]
SEOUL, July 17 (Korea Bizwire) — South Korea aims to build a lunar base by 2045 under its new long-term national space exploration roadmap, the country’s space agency said Thursday. The Korea AeroSpace Administration (KASA) revealed the country’s latest space exploration vision during a public hearing at the National Research Foundation of Korea in the [...]
SEOUL, July 17 (Korea Bizwire) — On a breezy summer morning, deep in the rugged hills of Uljin County—an area scorched by South Korea’s devastating wildfires in 2022—a futuristic electric SUV stands poised for a mission of renewal. But this is no ordinary off-roader. It’s Hyundai Motor Company’s Ioniq 9 Seed Ball Drone Station: a [...]
SEOUL, July 17 (Korea Bizwire) — Imported vehicle registrations in South Korea have surged 38-fold over the past three decades, driven by diversifying consumer tastes, an industry association said Thursday. Annual imported car registrations rose from just 6,921 units in 1995 to 263,288 last year, the Korea Automobile Importers and Distributors Association (KAIDA) said in [...]
CHUNCHEON & SEOUL, July 16 (Korea Bizwire) — LG CNS, the digital transformation arm of LG Group, is stepping into the burgeoning insect industry with plans to construct a cutting-edge smart insect farm in Chuncheon, Gangwon Province, aimed at automating and digitizing the mass production of edible insects such as mealworms. The initiative marks the company’s [...]
SEOUL, July 16 (Korea Bizwire) — Samsung Group ranked 12th among international business brands in terms of generation of sustainability-related value this year, an industry report showed Wednesday. According to the report from Brand Finance, a British brand valuation consulting agency, Samsung’s sustainability perceptions value (SPV) for 2025 came to US$7.9 billion, up 17.7 percent [...]
SEOUL, July 16 (Korea Bizwire) — LG Innotek has unveiled its latest automotive innovation—a next-generation digital key solution that enhances vehicle security, driver convenience, and child safety through precision wireless communication and AI-powered features. At a technology showcase held on July 15 at its Seoul headquarters, LG Innotek demonstrated a range of functionalities enabled by [...]
SEOUL, July 16 (Korea Bizwire) — Hyundai Motor Co. on Wednesday launched an upgraded model of its ST1 electric van, enhancing convenience features and adding a new budget-friendly trim for the cargo model. First launched last year, the ST1 is equipped with a 76.1 kilowatt-hour (kWh) battery that offers a range of up to 317 [...]