SEOUL, July 22 (Korea Bizwire) — Samsung Display has demonstrated the exceptional durability of its latest foldable OLED panel, featured in the Galaxy Z Fold7, by successfully completing a rigorous 500,000-fold test conducted by global certification agency Bureau Veritas. In a statement on Tuesday, the company said the panel remained fully functional after being folded [...]
SEOUL, July 22(Korea Bizwire) — South Korea’s K-pop industry is facing mounting concerns as both album exports and sales declined in the first half of 2025, signaling a broader slowdown in a market once considered resilient to global economic headwinds. Even Japan — historically K-pop’s strongest overseas market — saw reduced import volumes, prompting calls for [...]
SEOUL,July 22 (Korea Bizwire) — A new wave of AI-generated “mukbang” (eating broadcast) content is taking South Korea by storm — and splintering public sensibilities in the process. From people consuming lava and jewels to animations of dogs and cats being eaten with chopsticks, the rise of surreal, grotesque food videos is challenging both ethical [...]
SEOUL, July 22 (Korea Bizwire) — As record-breaking heat and monsoon rains sweep across South Korea this month, a growing number of consumers are opting to spend their leisure time indoors — fueling a retail phenomenon known as “mallcations” and delivering a significant sales boost to department stores and outlet malls. According to major retailers, [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s mid-sized and smaller business groups are increasingly leveraging mergers and acquisitions (M&A) to expand their reach, diversify services, and create synergies between legacy businesses and emerging growth engines — from hospitality and aviation to cosmetics, food tech, and education. Recent deals underscore how cross-sector integration is reshaping [...]
SEOUL, July 22 (Korea Bizwire) — A viral video shows Seoul’s Gyeongbokgung Palace submerged in water after torrential rain, with people in yellow raincoats bailing out water — and, in a surreal twist, a seal swimming across the flooded courtyard. It looks uncannily real, but the scene is pure fiction, created by artificial intelligence. As [...]
SEOUL, July 22 (Korea Bizwire) — South Korea’s imported car market is on a sharp rebound in 2025, reversing a two-year contraction as demand for eco-friendly and high-end models soars, supported by a wave of new releases and increased purchases by consumers in their 40s and corporate buyers. According to the Korea Automobile Importers & [...]
SEOUL, July 21 (Korea Bizwire) — A record number of foreign medical school graduates have passed South Korea’s preliminary medical licensing exam this year, marking a more than threefold increase from the previous year, signaling a shifting landscape in the country’s medical profession. According to the Korea Health Personnel Licensing Examination Institute on July 20, [...]
SEOUL, July 21 (Korea Bizwire) — Hyundai Motor and Kia are forecast to post lackluster second-quarter earnings this week, as newly imposed U.S. tariffs on specific automotive categories weigh on profitability despite modest revenue growth. According to South Korean auto industry sources on Monday, Hyundai is scheduled to announce its Q2 results on July 24, [...]
SEOUL, July 21 (Korea Bizwire) — South Korea’s railway network is witnessing a major surge in foreign ridership, with nearly 3 million international travelers using high-speed and conventional trains in the first half of 2025 — nearly double the number from two years ago. According to data from KORAIL and SR, operator of the Suseo [...]