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Amid Growing Safety Concerns, Automakers Reveal Battery Details for Electric Vehicles

Amid Growing Safety Concerns, Automakers Reveal Battery Details for Electric Vehicles

SEOUL, Aug. 15 (Korea Bizwire) – As concerns mount following an electric vehicle fire in an underground parking garage in Incheon, South Korean automakers and importers are taking steps to increase transparency about the batteries powering their vehicles. In response to government recommendations, several companies have begun publicly disclosing details about their battery suppliers. Volkswagen Group [...]

Korean-Russians Commemorate Independence Day with Reenactment of Historic Battle

Korean-Russians Commemorate Independence Day with Reenactment of Historic Battle

GWANGJU, Aug. 15 (Korea Bizwire) – On the 79th anniversary of Korea’s Liberation Day, the Korean-Russian (Корё-сарам) village in Gwangju became a vibrant stage for a cultural festival that brought history to life and rekindled the spirit of national pride. The event, titled “I am Korean,” was held on August 15 in the Wolgok-dong area of [...]

Seoul Mayor Leads Liberation Day Bell-Ringing Ceremony

Seoul Mayor Leads Liberation Day Bell-Ringing Ceremony

SEOUL, Aug. 15 (Korea Bizwire) – In a solemn ceremony marking the 79th anniversary of Korea’s liberation from Japanese colonial rule, Seoul Mayor Oh Se-hoon participated in the traditional bell-ringing event at Bosingak Pavilion in Jongno on August 15. The annual ceremony, a cornerstone of Korea’s Liberation Day celebrations, saw Oh join a group of 11 [...]

Domino’s Pizza Honors Korean Independence Day with Gesture at National Cemetery

Domino’s Pizza Honors Korean Independence Day with Gesture at National Cemetery

SEOUL, Aug. 15 (Korea Bizwire) – In a blend of corporate social responsibility and patriotic observance, Domino’s Pizza marked Korea’s Liberation Day by distributing free pizzas to staff and visitors at the Daejeon National Cemetery on August 15. The pizza chain deployed its food truck, known as the “party car,” to the cemetery, which serves as [...]

LG Display’s OLED Sales Surge, Driven by iPad Pro and Automotive Displays

LG Display’s OLED Sales Surge, Driven by iPad Pro and Automotive Displays

  SEOUL, Aug. 15 (Korea Bizwire) – In the first half of this year, LG Display’s sales of panels for information technology (IT) devices such as tablets and laptops surged, comprising over 40 percent of the company’s total revenue. This significant growth is largely attributed to the timely supply of organic light-emitting diode (OLED) panels for [...]

South Korea Launches $834 Million Fund to Boost AI Chip Industry

South Korea Launches $834 Million Fund to Boost AI Chip Industry

SEOUL, Aug. 15 (Korea Bizwire) – The South Korean government is set to deploy a substantial semiconductor ecosystem fund starting in the third quarter of this year, targeting fabless chip design companies for scale-ups and mergers and acquisitions (M&A). This move is part of a broader strategy to expand the country’s semiconductor value chain beyond memory [...]

Removal of Dokdo Models from Seoul Subway Stations Sparks Controversy

Removal of Dokdo Models from Seoul Subway Stations Sparks Controversy

SEOUL, Aug. 15 (Korea Bizwire) – The recent removal of miniature models of Dokdo, a set of islets at the center of a territorial dispute between South Korea and Japan, from Seoul’s subway stations has ignited a public debate about national sentiment and public safety.  The Seoul Metro Corporation confirmed on August 14 that it had [...]