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S. Korea to Honor Independence Fighters from Cuba on Liberation Day

S. Korea to Honor Independence Fighters from Cuba on Liberation Day

SEOUL, Aug. 14 (Korea Bizwire) — South Korea will confer state medals and awards on 121 late independence fighters, including those who were based in Cuba, to honor their courage in the resistance movement against Japan’s 1910-45 colonial rule of the Korean Peninsula, the veterans ministry said Wednesday. The independence fighters will be posthumously awarded [...]

South Korean Scientists Create Battery Material for Extreme Cold, Paving the Way for Advanced EVs and Drones

South Korean Scientists Create Battery Material for Extreme Cold, Paving the Way for Advanced EVs and Drones

DAEJEON, Aug. 14 (Korea Bizwire) – In a significant breakthrough for energy storage technology, researchers at the Korea Institute of Energy Research have developed a new battery material capable of functioning in temperatures as low as -20 degrees Celsius, the institute announced on August 13.  Traditionally, graphite has been the go-to material for anodes in lithium-ion [...]

Polyethylene Dominates Microplastics in Seoul’s Air, Study Finds

Polyethylene Dominates Microplastics in Seoul’s Air, Study Finds

SEOUL, Aug. 14 (Korea Bizwire) – A groundbreaking analysis of microplastics in Seoul’s urban atmosphere has revealed that polyethylene (PE), commonly used in packaging materials and containers, is the most prevalent type of airborne plastic pollution. On August 13, the Seoul Research Institute of Public Health and Environment announced the results of its pioneering study on [...]

Turkey Emerges as Global Hub for Korean and Japanese TV Drama Remakes

Turkey Emerges as Global Hub for Korean and Japanese TV Drama Remakes

SEOUL, Aug. 14 (Korea Bizwire) – Turkey is rapidly becoming a pivotal distribution channel for Korean and Japanese television dramas, reshaping the global entertainment landscape. As the world’s third-largest exporter of TV series, trailing only the United States and the United Kingdom, Turkish producers are increasingly turning to foreign dramas for inspiration, creating innovative content that [...]

Mercedes-Benz Takes Flak for Delayed Disclosure of Battery Suppliers amid EV Safety Scare

Mercedes-Benz Takes Flak for Delayed Disclosure of Battery Suppliers amid EV Safety Scare

SEOUL, Aug. 14 (Korea Bizwire) — Mercedes-Benz Korea Ltd. is faced with criticism from industry watchers and consumers over its belated disclosure of battery suppliers for the company’s electric vehicles amid an EV safety scare. Concerns surrounding EV safety flared up in the country after a spontaneous fire that started in a parked Mercedes-Benz EV on Aug. [...]

South Korea Exports Police Dog Training Expertise to Mongolia

South Korea Exports Police Dog Training Expertise to Mongolia

SEOUL, Aug. 14 (Korea Bizwire) – In a move to strengthen international cooperation in law enforcement, South Korea is set to share its advanced police dog training system with Mongolia.  On August 13, the Korean National Police Agency’s Human Resources Development Institute announced the signing of a memorandum of understanding (MOU) with Mongolia’s Border Protection Agency. [...]

HYBE Faces Investor Backlash Amid K-Pop Scandals

HYBE Faces Investor Backlash Amid K-Pop Scandals

SEOUL, Aug. 14 (Korea Bizwire) – Investors in HYBE are voicing growing frustration and disappointment, a sentiment increasingly evident in recent discussions on online stock forums. The entertainment powerhouse behind global sensation BTS has seen its stock price nearly halve since peaking at 312,500 won in June last year, with recent scandals exacerbating the decline. HYBE’s [...]

South Korean Battery Makers See Stock Surge as Automakers Disclose Suppliers

South Korean Battery Makers See Stock Surge as Automakers Disclose Suppliers

SEOUL, Aug. 14 (Korea Bizwire) – South Korean battery manufacturers are experiencing a collective boost in stock prices as automakers, led by Hyundai Motor Company, begin to disclose their electric vehicle (EV) battery suppliers. This trend reflects growing investor confidence that South Korean firms, with their superior technology compared to Chinese competitors, could increase market share [...]

Financial Firms Granted Approval to Utilize Generative AI and Cloud Computing

Financial Firms Granted Approval to Utilize Generative AI and Cloud Computing

SEOUL, Aug. 13 (Korea Bizwire) – Financial firms will be allowed to use generative artificial intelligence and cloud computing to develop new innovative products once they secure the means to ensure the security of their networks, the financial regulator said Tuesday. Financial firms have been required to keep their networks separated from the internet since [...]

LG Electronics Launches Reality Show to Showcase AI-Powered Appliances

LG Electronics Launches Reality Show to Showcase AI-Powered Appliances

SEOUL, Aug. 13 (Korea Bizwire) – In an innovative marketing move, LG Electronics has debuted a survival reality show called “House of Survival” on Amazon Prime Video, the company announced on August 13. The show aims to highlight the unique customer experience and convenience offered by LG’s artificial intelligence-enabled home appliances. “House of Survival” is an [...]