SEOUL, Oct. 20 (Korea Bizwire) — As the K-pop industry expands with a surge of new idol groups, clashes over fan culture symbols — from light stick designs to fandom names and official colors — are intensifying, exposing a deeper tension over ownership, originality, and identity in an increasingly globalized genre. While an unwritten rule [...]
SEOUL, Oct. 20 (Korea Bizwire) — South Korea’s three major telecom operators — SK Telecom, KT, and LG Uplus — are preparing to launch unified mobile pricing plans by the end of this year, in a bid to simplify what critics say has become an excessively complicated and confusing system for consumers. According to data submitted [...]
SEOUL, Oct. 20 (Korea Bizwire) — Samsung Electronics has launched a bold new marketing campaign calling out Chinese television makers for misleading consumers with what it describes as “fake QLED” technology — a rare instance of the South Korean tech giant directly confronting its competitors. On October 16, Samsung posted a video titled “Where Is the [...]
SEOUL, Oct. 20 (Korea Bizwire) — Gold prices are soaring to record levels, propelling gold-related exchange-traded funds (ETFs) in South Korea to an average monthly return of more than 20 percent — even as the domestic stock market hits new highs. The unusual parallel rise of risky assets such as equities and traditional safe havens like [...]
SEOUL, Oct. 20 (Korea Bizwire) — South Korea’s battery sector has roared back to life this month, rebounding sharply from months of stagnation tied to electric vehicle (EV) demand concerns. The rally has sent related exchange-traded funds (ETFs) soaring, though analysts caution that the upswing may be short-lived. According to data from the Korea Exchange as [...]
SEOUL, Oct. 20 (Korea Bizwire) — South Korea’s retail industry is rapidly expanding its private brand (PB) business, pushing beyond food and household goods into clothing, new digital platforms, and even overseas markets, as companies from convenience stores to hypermarkets and e-commerce firms compete to strengthen profitability and brand identity. According to BGF Retail, operator [...]
SEOUL, Oct. 20 (Korea Bizwire) — While Hyundai Motor struggles under tariff pressures in its largest market, the United States, the South Korean automaker is finding fresh momentum in Europe, buoyed by surging sales and strong demand for electric and hybrid vehicles. According to Hyundai’s investor relations data released on October 19, the company’s passenger car [...]
SEOUL, Oct. 20 (Korea Bizwire) — South Korea’s once-vibrant multiplex cinema industry is facing an unprecedented contraction as leading chains shut down theaters across the country, squeezed by sluggish audience recovery and the unrelenting rise of online streaming platforms. Two symbolic closures have drawn attention in recent weeks: CGV Myeongdong Station Cine Library — a haven [...]
SEOUL, Oct. 19 (Korea Bizwire) — LG Display is on track to post its first annual profit in four years, buoyed by a sweeping shift toward organic light-emitting diode (OLED) technology and a sustained focus on cost efficiency. Analysts expect the company to report an operating profit exceeding 800 billion won ($580 million) this year, marking [...]
SEOUL, Oct. 19 (Korea Bizwire) — U.S. memory chipmaker Micron Technology is intensifying efforts to recruit South Korean semiconductor engineers, particularly from Samsung Electronics and SK Hynix, as competition in the fast-growing high-bandwidth memory (HBM) market heats up amid soaring demand driven by artificial intelligence. According to industry sources on October 19, Micron has been contacting [...]