SEOUL, Aug. 26 (Korea Bizwire) — LG Electronics has introduced a new service that transforms televisions into digital art frames, underscoring the company’s push to enrich its webOS platform with cultural and entertainment offerings. The service, called LG Gallery+, was unveiled on Monday and provides access to more than 4,000 works, ranging from masterpieces displayed at [...]
SEOUL, Aug. 26 (Korea Bizwire) — A new breed of company, built on hoarding cryptocurrencies as core assets, is reshaping stock markets from the United States to Japan — and now South Korea. But the meteoric rise of these so-called Crypto Treasury Companies (CTCs) has triggered debate over whether they represent innovative investment vehicles or dangerous [...]
SEOUL, Aug. 25 (Korea Bizwire) — A sweeping change to South Korea’s labor law is already fueling a surge of demands from subcontractor unions, rattling the country’s largest corporations and raising fears of escalating industrial conflict. On August 24, parliament passed the so-called “Yellow Envelope Law,” an amendment to the Trade Union and Labor Relations [...]
SEOUL, Aug. 25 (Korea Bizwire) — South Korea’s state-run postal service has suspended most shipments to the United States after Washington moved to impose customs declarations and duties on all small parcels, raising costs and disrupting cross-border trade. On Monday, the Korea Post stopped accepting low-cost airmail parcels bound for the United States. Beginning Tuesday, [...]
SEOUL, Aug. 25 (Korea Bizwire) — South Korea’s national police said it will expand the mandate of its mobile patrol units, deploying them more aggressively to prevent stalking and other relationship-based crimes, amid ongoing debate over the units’ effectiveness. The Korean National Police Agency announced on August 24 that patrol officers will be concentrated around [...]
SEOUL, Aug. 25(Korea Bizwire) — LG CNS, the IT services arm of South Korea’s LG Group, unveiled a new ecosystem of so-called “agentic artificial intelligence” designed to streamline corporate operations and improve productivity. At a media event in Seoul on Monday, Chief Executive Hyun Shin-gyun introduced AgenticWorks, a modular full-stack platform, alongside a:xink, an AI-driven [...]
JEJU, South Korea, Aug. 25 (Korea Bizwire) — As Netflix’s animated sensation K-Pop Demon Hunters races toward becoming the platform’s most-watched film, the spotlight has unexpectedly turned to Jeju Island, where viewers have identified cultural symbols embedded in the show’s storyline. Local voices are urging the island to seize the moment to promote its unique heritage alongside [...]
SEOUL, Aug. 25 (Korea Bizwire) — South Korea’s National Fire Research Institute announced Sunday that it will pilot new visual and audio devices designed to reduce ambulance collisions at intersections, deploying them across seven regions over the next three months. The system combines a “logo light,” which projects warning messages such as “ambulance approaching” onto [...]
SEOUL, Aug. 25 (Korea Bizwire) — South Korea will more than quadruple the capacity of its national backbone network — the core infrastructure of the country’s telecommunications system — by 2030 to handle an expected surge in traffic from artificial intelligence technologies, the government announced Sunday. The Ministry of Science and ICT said it plans [...]
SEOUL, Aug. 25 (Korea Bizwire) — Samsung Electronics announced Sunday that its joint research with Johns Hopkins University’s Applied Physics Laboratory on next-generation Peltier cooling technology has been named one of the world’s top 100 innovations at the 2025 R&D 100 Awards. First established in 1963, the R&D 100 Awards are often called the “Oscars [...]