SEOUL, Feb. 13 (Korea Bizwire) — A South Korean court has ruled that Ironmace, the developer of the online game Dark and Darker, must compensate Nexon for damages related to data misappropriation but did not violate copyright laws. On February 13, the Seoul Central District Court’s Civil Agreement Division 63, presided over by Judge Park Chan-seok, [...]
SEOUL, Feb. 13 (Korea Bizwire) — HD Korea Shipbuilding & Offshore Engineering (HD KSOE) unveiled a nuclear-powered container ship model featuring small modular reactor (SMR) technology at the Houston Marine Nuclear Summit on February 12, the company announced on February 13. Unlike conventional vessels, nuclear-powered ships do not require exhaust systems or fuel tanks, a design [...]
SEOUL, Feb. 13 (Korea Bizwire) — Kia has lifted the curtain on its latest electric vehicle lineup, aiming to redefine the EV market with a bold new vision. Ahead of its annual “Kia EV Day,” set to take place later this month in Tarragona, Spain, the automaker released teaser images and videos of three upcoming models: [...]
SEOUL, Feb. 13 (Korea Bizwire) — Emerging Asian economies could face significant setbacks if U.S. President Donald Trump intensifies his trade war policies, potentially creating a lose-lose situation for nations that have benefited from global supply chain shifts in recent years, according to a Reuters analysis published on January 11. While Trump initially targeted countries with [...]
SEOUL, Feb. 13 (Korea Bizwire) — As the global coinage industry undergoes a paradigm shift from traditional currency to collectible and artistic pieces, South Korea’s state-run minting agency is looking to integrate its coin production with K-culture to develop a new high-value industry. The Korea Minting and Security Printing Corporation (KOMSCO) announced on February 12 [...]
SEOUL, Feb. 13 (Korea Bizwire) – North Korea demanded during inter-Korean talks in 1990 that South Korea dismantle a barricade it had installed along their border, calling it “a disgrace” to the Korean people, according to an official dossier declassified Thursday. The information was disclosed in the unification ministry’s official documents recording inter-Korean talks held [...]
SEOUL, Feb. 13 (Korea Bizwire) — As South Korean semiconductor manufacturers pivot toward high-bandwidth memory (HBM) chips in the artificial intelligence era, they face mounting uncertainties from aggressive Chinese competition and potential tariffs threatened by U.S. President Donald Trump. While analysts suggest that tariff impacts may be limited given the relatively small share of semiconductor exports [...]
POHANG, South Korea, Feb. 13 (Korea Bizwire) — The mood outside Hyundai Steel’s Pohang Plant 2 is one of unease. Employees show up for work, but operations remain largely stalled. “We come in, but there’s no production. It’s frustrating,” a worker in his 40s, employed by Hyundai IMC, a Hyundai Steel subsidiary, said on Monday. [...]
SEOUL, Feb. 13 (Korea Bizwire) — Healthcare costs for age-related illnesses in South Korea, including dementia, have jumped approximately 28% over the past five years, reaching an estimated 6 trillion won, as the nation’s elderly population continues to expand. The number of South Koreans aged 65 and older covered by national health insurance and medical benefits [...]
SEOUL, Feb. 13 (Korea Bizwire) — The killing of an 8-year-old girl by a teacher at an elementary school in Daejeon, South Korea, has intensified calls for expanding closed-circuit television coverage to include classrooms, which are currently exempt from surveillance. According to the Seoul Metropolitan Office of Education, the city’s 603 elementary schools were equipped with [...]