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Archive by category Most Viewed

South Korean Agricultural Agency’s Royal Jelly Cosmetic Proves Effective in Anti-Wrinkle Treatment

JEONJU, Aug. 24 (Korea Bizwire) – A cosmetic product derived from royal jelly, patented by South Korea’s Rural Development Administration (RDA), has demonstrated remarkable effectiveness in reducing wrinkles, according to skin experiments conducted by the agency. The RDA announced on Wednesday that its royal jelly-infused cosmetic had been registered as a functional anti-wrinkle product with the [...]

South Korean Drug for Lung Cancer Gains FDA Approval, Marking Industry Milestone

Yuhan’s Leclaza (lazertinib) (Image provided by Yuhan Corporation) SEOUL, Aug. 23 (Korea Bizwire) – In a significant breakthrough for South Korea’s pharmaceutical industry, Yuhan Corporation’s non-small cell lung cancer treatment has cleared a crucial hurdle with the U.S. Food and Drug Administration (FDA). On August 20, the FDA approved the combination therapy of Yuhan’s [...]

Mid-Budget Korean Films Dominate July Box Office, Bucking Summer Blockbuster Trend

SEOUL, Aug. 22 (Korea Bizwire) – Nearly 70 percent of moviegoers in July chose to watch mid-budget Korean films, a government report showed Thursday, challenging the conventional belief that big tentpole blockbusters dominate the summer box office. According to a monthly report on the Korean film industry by the Korean Film Commission (KOFIC), the number [...]

One-Legged Cyclist’s Epic Journey Across South Korea Goes Viral, Showcasing Samsung’s Latest Wearable

SEOUL, Aug. 22 (Korea Bizwire) – A YouTube video featuring a one-legged cyclist’s grueling 294-kilometer journey across South Korea has captured the nation’s attention, amassing over 6.5 million views in just three weeks. The video, part of Samsung Electronics’ “Go Ultra Challenge” campaign for its newly released Galaxy Watch Ultra, follows CJ Park, a cyclist with [...]

Kia Bolsters Electric Vehicle Safety Measures to Ease Customer Concerns

SEOUL, Aug. 22 (Korea Bizwire) –Kia Motors, the South Korean automaker, announced on August 21 a comprehensive plan to address safety concerns and boost customer confidence in its electric vehicles (EVs). The initiative, dubbed the Electric Vehicle Customer Care Plan, includes several key measures aimed at enhancing safety and transparency for Kia’s EV customers. Effective [...]

CJ 4DPLEX Achieves Record Sales as Moviegoers Flock to Premium Theaters

SEOUL, Aug. 22 (Korea Bizwire) – CJ CGV, South Korea’s largest multiplex cinema chain, announced on August 21 that its subsidiary, CJ 4DPLEX, achieved record-breaking sales last month as more moviegoers are opting for premium theater experiences like ScreenX and 4DX. CJ 4DPLEX, which operates special format theaters in 75 countries worldwide, reported global box office [...]

Japanese Beer and Whisky See Surge in South Korean Market Despite Overall Decline

SEOUL, Aug. 21 (Korea Bizwire) – While South Korea’s beer and whisky markets have recently experienced a downturn, Japanese products are bucking the trend with growing popularity, according to recent customs data. From January to July ofthis year, imports of Japanese beer surged to $37.77 million, a 66% increase compared to the same period last year, [...]

South Korean Battery Makers Play Catch-Up in LFP Market as China Dominates

SEOUL, Aug. 21 (Korea Bizwire) – In the wake of electric vehicle (EV) fire controversies, lithium iron phosphate (LFP) batteries are gaining attention in the global market. Known for their stability and cost-effectiveness, LFP batteries are seeing steady demand compared to their premium counterparts, nickel-cobalt-manganese (NCM) batteries. However, South Korean battery manufacturers find themselves in a [...]

Hyundai, Kia Outperform Ford, GM in U.S. EV Market in Jan.-July Period: Report

SEOUL, Aug. 21 (Korea Bizwire) — The combined market share of electric vehicles produced by South Korea’s Hyundai Motor Co. and Kia Corp. in the United States ranked second in the January-July period, outperforming local manufacturers Ford Motor Co. and General Motors Co., an industry report showed Wednesday. In the report from Automotive News, citing [...]

South Korea Grapples with Jeonse Fraud Crisis, Foreign Victims Face Unique Challenges

SEOUL, Aug. 21 (Korea Bizwire) – South Korea’s National Assembly is advancing legislation to address the widespread rental fraud scheme known as “jeonse” scams, with the plight of foreign victims highlighting the complexities of the country’s unique housing market and the challenges of providing equitable support. On August 20, amendments to the Special Act on Jeonse [...]