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Naver CEO Meets With Netflix Executives In L.A. To Discuss Partnership Expansion

Naver CEO Meets With Netflix Executives In L.A. To Discuss Partnership Expansion

SEOUL, June 5 (Korea Bizwire) — Naver Corp. Chief Executive Officer (CEO) Choi Soo-yeon met with top executives at Netflix in Los Angeles this week to discuss their ongoing membership partnership and explore further collaborations, the South Korean tech giant said Thursday. According to Naver, Choi visited Netflix’s Los Angeles office Tuesday (local time), where [...]

LG Display To Invest 700 Bln Won In OLED Facility

LG Display To Invest 700 Bln Won In OLED Facility

SEOUL, June 5 (Korea Bizwire) — LG Display Co., a global leader in display panel manufacturing, said Thursday it will invest 700 billion won (US$515 million) in its domestic organic light-emitting diode (OLED) production facilities. In September, LG Display sold its entire 80 percent stake in its large-size display panel and module plant in China’s [...]

Seventeen Performs ‘Thunder’ On ‘The Kelly Clarkson Show’

Seventeen Performs ‘Thunder’ On ‘The Kelly Clarkson Show’

SEOUL, June 5 (Korea Bizwire) — K-pop boy group Seventeen has appeared on U.S. NBC’s “The Kelly Clarkson Show,” performing “Thunder,” the lead track from its fifth full-length album “Happy Burstday,” according to the group’s agency, Pledis Entertainment. The performance, which aired Wednesday (U.S. time), featured synchronized choreography, dramatic lighting and props — including one [...]

South Koreans Spent Nearly ₩83 Trillion on Fashion in One Year, With 50s Leading the Pack

South Koreans Spent Nearly ₩83 Trillion on Fashion in One Year, With 50s Leading the Pack

SEOUL, June 5 (Korea Bizwire) — South Koreans spent a staggering ₩82.9 trillion (approximately $61 billion) on fashion products over the past year, with casual wear topping the list and consumers in their 50s emerging as the most active spenders, according to a nationwide survey released Wednesday. The Korea Federation of Textile Industries reported that [...]

UN Environment Chief Meets Jeju Haenyeo, Highlights Urgency of Marine Plastic Crisis

UN Environment Chief Meets Jeju Haenyeo, Highlights Urgency of Marine Plastic Crisis

JEJU, June 5 (Korea Bizwire) — As plastic pollution in oceans worsens, South Korea’s traditional sea women — or haenyeo — are finding their diving grounds increasingly choked with debris. On June 4, Inger Andersen, Executive Director of the United Nations Environment Programme (UNEP), met with a veteran haenyeo on Jeju Island to witness firsthand the frontlines of marine [...]

Hyundai Department Store Launches Eco Campaign to Protect Korea’s Mudflats

Hyundai Department Store Launches Eco Campaign to Protect Korea’s Mudflats

  SEOUL, June 5 (Korea Bizwire) — In celebration of World Environment Day on June 5, Hyundai Department Store has launched a nationwide environmental campaign, “Mission Possible! Mudflat Guardians,” aimed at raising awareness of Korea’s fragile coastal ecosystems. Running through July 20, the campaign spans both online and offline channels and includes a specially designed [...]

Hidden Costs of Tuberculosis Leave Nearly Half of Korean Patients in Financial Distress, Study Finds

Hidden Costs of Tuberculosis Leave Nearly Half of Korean Patients in Financial Distress, Study Finds

SEOUL, June 5 (Korea Bizwire) — Despite generous government subsidies covering most medical expenses for tuberculosis (TB) patients in South Korea, nearly half still experience “catastrophic costs” due to hidden expenses like nutrition, transportation, and lost income, according to a landmark 2025 study. The report, commissioned by the Korea Disease Control and Prevention Agency (KDCA) [...]

South Korea’s Server Market Surged 72.7% in 2024, Driven by Soaring Demand for AI-Optimized GPU Systems

South Korea’s Server Market Surged 72.7% in 2024, Driven by Soaring Demand for AI-Optimized GPU Systems

SEOUL, June 5 (Korea Bizwire) — South Korea’s server market expanded by a staggering 72.7% in 2024 from the previous year, fueled by a sharp rise in demand for GPU-powered systems amid the rapid adoption of generative artificial intelligence, according to a report released Wednesday by IT research and consulting firm IDC Korea. The market [...]

Breakthrough in Flexible Electronics: Korea Develops Shape-Adaptive Liquid Metal Ink

Breakthrough in Flexible Electronics: Korea Develops Shape-Adaptive Liquid Metal Ink

SEOUL, June 5 (Korea Bizwire) — A joint team of researchers from KAIST and Seoul National University has developed a groundbreaking liquid metal ink capable of shifting between rigid and flexible states depending on temperature, paving the way for next-generation wearable devices and medical implants. The team, led by Professor Jung Jae-woong of KAIST’s Department [...]