SEOUL, Dec. 2 (Korea Bizwire) — Samsung Electronics on Tuesday unveiled its first trifold smartphone, a device with two folding hinges that expands into a 10-inch display, underscoring the company’s push to broaden its lineup of foldable phones. The new handset, called the Galaxy Z TriFold, features a 6.5-inch cover screen when folded — similar [...]
SEOUL, Dec. 2 (Korea Bizwire) — Global defense revenues reached an all-time high in 2024 as the wars in Ukraine and Gaza fueled a surge in weapons demand, particularly across Europe, according to new data from the Stockholm International Peace Research Institute (SIPRI). South Korea’s leading defense companies continued their rapid ascent, pushing the country into [...]
SEOUL, Dec. 2 (Korea Bizwire) — South Korea’s Navy conscripts report markedly higher levels of insomnia and depression than their counterparts in other branches, according to a Defense Ministry mental-health survey that lawmakers say underscores the urgent need for branch-specific interventions. The survey — conducted jointly by the ministry, the Armed Forces Medical Command and Seoul [...]
SEOUL, Dec. 2 (Korea Bizwire) — CJ Mezzomedia, a leading integrated digital marketing firm in South Korea, projects that artificial intelligence will upend nearly every corner of the advertising industry next year, reshaping consumer behavior, media consumption and how brands reach customers. In its newly released “2026 Trend Report,” published Dec. 1, the company identified four [...]
SEOUL, Dec. 2 (Korea Bizwire) — LG Electronics has been selected as “Best TV Brand” at the Euroconsumer Awards 2025, reinforcing its dominance in one of the world’s most competitive premium television markets, the company said Monday. The annual awards are jointly organized by consumer media outlets in Belgium, Portugal, Spain, Italy and Brazil—members of the [...]
SEOUL, Dec. 1 (Korea Bizwire) — Days after Coupang disclosed a data breach affecting some 33.7 million customer accounts, users say they remain in the dark about what personal information was compromised, fueling anger and confusion surrounding one of South Korea’s largest-ever privacy failures. Coupang announced on Nov. 29 that names, email addresses, phone numbers, physical [...]
SEOUL, Dec. 1 (Korea Bizwire) — Tesla is accelerating its push into South Korea, leveraging lower-cost China-made vehicles and a new supervised version of its Full Self-Driving system to rapidly expand its presence in one of the world’s most competitive electric-vehicle markets. Tesla Korea sold 47,941 vehicles from January through October, up 61.1 percent from a [...]
SEOUL, Dec. 1 (Korea Bizwire) — OLED panels now account for nearly 80 percent of the premium gaming monitor market, solidifying South Korea’s dominance in a fast-growing display segment and validating the strategic shift by Samsung Display and LG Display toward higher-value technologies. According to IDC data released Sunday, OLED penetration in gaming monitors priced above [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korea’s top securities firms have narrowed their gender pay gaps over the past five years, but disparities remain substantial, according to regulatory filings released on Sunday. Semiannual reports submitted to the Financial Supervisory Service show that the average first-half salary at the country’s 10 largest brokerages reached 103.5 million [...]
SEOUL, Dec. 1 (Korea Bizwire) — Following the successful fourth launch of South Korea’s homegrown Nuri rocket, attention is turning to a field that could become a core pillar of the country’s future space industry: space-based pharmaceutical research and manufacturing. “Space pharmaceuticals” refers to using the unique conditions of space — particularly microgravity — to develop [...]