SEOUL, March 24 (Korea Bizwire) — Samsung Electronics announced on Monday the launch of its 2025 lineup of premium gaming and high-resolution monitors, aiming to strengthen its presence in the competitive high-end display market. The new offerings include the Odyssey 3D, the company’s first glasses-free 3D gaming monitor; the Odyssey OLED G8, a 27-inch monitor supporting [...]
WASHINGTON, March 24 (Korea Bizwire) — Hyundai Motor Group is set to unveil a $20 billion investment plan in the United States, marking the largest commitment by a South Korean company since the start of Donald Trump’s second presidential term. According to reports from Reuters and CNBC, the announcement will be made later Monday at the [...]
SEOUL, March 23 (Korea Bizwire) — South Korea recorded its highest-ever number of trade dispute mediation cases in 2024, driven largely by a surge in conflicts involving online platforms, according to data released on Sunday by the Korea Fair Trade Mediation Agency (KFTMA). The agency reported receiving 4,041 mediation requests last year, marking a 16% increase [...]
SEOUL, March 24 (Korea Bizwire) — In a high-stakes battle for dominance in artificial intelligence technology, major semiconductor manufacturers are racing to develop HBM4, the next generation of high-bandwidth memory chips crucial for advanced AI processors. The competition intensified on March 18 when Jensen Huang, the CEO of Nvidia, announced at the company’s GTC 2025 developer conference [...]
SEOUL, March 24 (Korea Bizwire) — The rise of retail investor activism, fueled by online platforms and collective action, is reshaping South Korea’s corporate governance landscape — and sparking concerns over potential threats to management stability, according to a new report by the Korea Chamber of Commerce and Industry (KCCI). The report, released Sunday, reveals [...]
SEOUL, March 24 (Korea Bizwire) — The Seoul Metropolitan Government announced it will participate in a government-led pilot program allowing foreign domestic workers to be hired without the application of South Korea’s minimum wage law, sparking controversy over potential labor rights concerns. The initiative, jointly managed by Seoul City and the Ministry of Justice, aims [...]
SEOUL, March 24 (Korea Bizwire) — South Korea launched a project Monday to excavate the remains of a presumed South African pilot killed during the 1950-53 Korean War, Seoul’s defense ministry said. The project, which runs through April 11, aims to find the remains of a South African Air Force pilot presumed to have been [...]
SEOUL, March 24 (Korea Bizwire) — After an unprecedented 18-month suspension, South Korea will fully resume short selling on March 31, marking the first time since March 2020 that the practice will be allowed for all listed stocks. The move comes despite mixed results from the country’s longest-ever ban on short selling, which failed to deliver [...]
SEOUL, March 24 (Korea Bizwire) — A South Korean court has ruled that the death of a delivery driver who ran a red light and was killed in a traffic accident while rushing to meet delivery deadlines qualifies as a work-related accident. The Seoul Administrative Court’s 8th Division, presided over by Judge Lee Jung-hee, sided [...]
SEOUL, March 24 (Korea Bizwire) — South Korean health authorities have reported a striking 140% increase in attention deficit hyperactivity disorder (ADHD) medication prescriptions over the past four years, while prescriptions for appetite suppressants continued their steady decline. According to data released by the Ministry of Food and Drug Safety, approximately 338,000 individuals received prescriptions for methylphenidate, [...]