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‘Moving,’ Disney+’s Most-watched Local Original Series of the Year

‘Moving,’ Disney+’s Most-watched Local Original Series of the Year

SEOUL, Dec. 15 (Korea Bizwire) – The Disney+ sci-fi action series “Moving” became the platform’s most-watched local original series of the year, the Walt Disney Company Korea said Friday. Premiered on Aug. 9, the series quickly gained popularity, becoming the most-watched show on the streaming platform in the Asia-Pacific region and topping Disney+’s global chart [...]

Soyang River Dam, a Cornerstone of Water Supply and Flood Control in South Korea, Marks 50th Anniversary

Soyang River Dam, a Cornerstone of Water Supply and Flood Control in South Korea, Marks 50th Anniversary

SEOUL, Dec. 15 (Korea Bizwire) – A ceremony commemorating the 50th anniversary of the completion of the Soyang River Dam, South Korea’s largest multipurpose dam, is set to take place on December 15 at the Soyang River Dam Citizen’s Forest in Chuncheon, Gangwon Province.  Hosted jointly by the Ministry of Environment and Gangwon Province, the ceremony [...]

IKEA Korea Faces Continued Challenges as Sales Downturn Persists, Initiates Further Cost-Cutting Measures

IKEA Korea Faces Continued Challenges as Sales Downturn Persists, Initiates Further Cost-Cutting Measures

SEOUL, Dec. 15 (Korea Bizwire) – IKEA Korea, the South Korean branch of the world’s largest furniture brand, has faced a continued downturn in its performance, reversing the growth observed last year. After experiencing a sales decline for the first time since entering the Korean market, IKEA Korea also posted its first fiscal-year loss this year.  [...]

Real-time Translation Calls Revolutionized by AI Technology in Smartphones

Real-time Translation Calls Revolutionized by AI Technology in Smartphones

SEOUL, Dec. 15 (Korea Bizwire) – A new era of communication has dawned with the introduction of real-time translation services during phone calls, powered by Artificial Intelligence (AI) technology on smartphones.  SK Telecom announced on December 14 the launch of ‘A.Dot Interpretation Call,’ a service that offers real-time translation during iPhone calls. Users can select the [...]

Busan Leads Major South Korean Cities in Youth Job Satisfaction, Report Finds

Busan Leads Major South Korean Cities in Youth Job Satisfaction, Report Finds

BUSAN, Dec. 14 (Korea Bizwire) – In a recent study conducted by the National Assembly Futures Institute, Busan has been identified as the leading city among South Korea’s seven major metropolitan areas in terms of youth job satisfaction. The city of Busan announced on the December 13 that the report, published on December 4, titled ‘Life [...]

Former Samsung Executives Face Arrest Warrants Over Alleged Tech Transfer to Chinese Company

Former Samsung Executives Face Arrest Warrants Over Alleged Tech Transfer to Chinese Company

SEOUL, Dec. 14 (Korea Bizwire) – Prosecutors have formally requested arrest warrants for two former Samsung Electronics executives, alleging their involvement in transferring domestic semiconductor technology to a Chinese company.  On Wednesday, the Information Technology Crime Investigation Division of the Seoul Central District Prosecutors’ Office filed an arrest warrant for a former Samsung Electronics executive, identified [...]

‘Mukhyang (Scent of Ink)’: A Decade of Elegance and Innovation in Korean Dance

‘Mukhyang (Scent of Ink)’: A Decade of Elegance and Innovation in Korean Dance

SEOUL, Dec. 13 (Korea Bizwire) – Celebrating its 10th anniversary this year since its debut in 2013, the National Dance Company of Korea proudly presents its signature repertoire, “Mukhyang” (“Scent of Ink”), returning to the Haeoreum Grand Theater after a triumphant North American tour four years ago. “Mukhyang” stands as a sublime fusion of traditional [...]

Retail Revolution: Specialized Stores Dominate as Homeplus and CU Lead the Charge

Retail Revolution: Specialized Stores Dominate as Homeplus and CU Lead the Charge

SEOUL, Dec. 13 (Korea Bizwire) – The retail industry, traditionally centered on price and product competition, is now grappling with intense rivalry by adopting innovative approaches to store differentiation. In particular, there is a rising trend among consumers towards specialized stores that concentrate on a specific product category, acting as a catalyst for increased sales.  A [...]

Chevrolet and Land Rover Lead in Consumer Complaints Among Car Brands in South Korea

Chevrolet and Land Rover Lead in Consumer Complaints Among Car Brands in South Korea

SEOUL, Dec. 13 (Korea Bizwire) – In the South Korean automotive market, Chevrolet (a division of GM Korea) and Land Rover have been identified as the brands receiving the highest number of consumer complaints among domestic and imported cars, respectively.  According to data released by the Korea Consumer Agency on December 12, there were a total [...]