SEOUL, Aug. 23 (Korea Bizwire) – The Association of GM Korea Suppliers, representing a crucial link in the automotive manufacturing chain, issued an impassioned plea on August 22 for a rapid resolution to the ongoing labor negotiations at GM Korea, highlighting the severe financial strain placed on supplier companies due to prolonged partial strikes. In a [...]
SEOUL, Aug. 23 (Korea Bizwire) – Porsche’s first all-electric sports car, the Taycan, has returned with significant improvements in performance and convenience features, marking its first major update since its introduction to the Korean market four years ago. At a launch event held on August 22 at the Grand Hyatt Seoul, Porsche Korea unveiled nine new [...]
SEOUL, Aug. 23 (Korea Bizwire) – In the wake of heightened safety concerns, partly sparked by an incident involving Suga, a member of the K-pop group BTS, South Korean lawmakers are pushing for stricter regulations on the use of personal mobility devices (PMDs) such as electric scooters and kickboards. Several bills have been introduced in the [...]
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 [...]
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 [...]
SEOUL, Aug. 22 (Korea Bizwire) – Samsung Display and LG Display, two of South Korea’s leading technology companies, are unveiling an array of next-generation display technologies at the 24th International Meeting on Information Display (IMID), held from August 21 to 23 at the Jeju International Convention Center. IMID, South Korea’s largest display conference, annually attracts around [...]
SEOUL, Aug. 22 (Korea Bizwire) –South Korea’s substantial investment in research and development (R&D) is yielding less-than-expected returns, according to a new analysis. The country’s scientific standing may be at risk due to a declining student population, gender imbalances in research staff, and cultural factors that hinder diversity, a special report from the prestigious Nature [...]
SEOUL, Aug. 22 (Korea Bizwire) – North Korean athletes who participated in the Paris Olympics are reportedly undergoing ideological examinations in Pyongyang after taking selfies with South Korean competitors, according to a report by Daily NK, citing a high-ranking source in the North Korean capital. The North Korean Olympic Committee delegation and athletes, who returned home [...]
INCHEON, Aug. 22 (Korea Bizwire) –“Normal life still feels far away,” sighed an individual referred to only as Hwang, 44, as he sat in a temporary shelter at the Korean Red Cross Northwest Service Center in Cheongna-dong, Seo-gu, Incheon. It’s been nearly three weeks since an electric vehicle fire in an apartment complex forced hundreds [...]
CHANGWON, Aug. 22 (Korea Bizwire) –With the number of foreign residents in South Korea inching past 2.5 million, marking the country’s transition into a multicultural society, a groundbreaking association of foreign-born entrepreneurs is set to launch next week in the southern Gyeongnam region. According to the Gyeongnam Migrants Community Center, approximately 120 naturalized citizens and [...]