SEOUL, Dec. 16 (Korea Bizwire) – K-pop fandom, primarily composed of women in their 20s and 30s, has emerged as a defining force in South Korea’s protest culture, blending activism with the hallmarks of fan culture. The recent impeachment of President Yoon Suk-yeol highlighted this unique phenomenon, with protests resembling the energy and organization of [...]
SEOUL, Dec. 16 (Korea Bizwire) – President Yoon Suk Yeol’s ambitious industrial agenda, including a focus on nuclear energy, offshore gas development, and semiconductor industry support, faces potential setbacks following his impeachment by the National Assembly on December 14. Industry experts warn that any weakening of government semiconductor support could cause South Korea to miss a crucial [...]
SEOUL, Dec. 13 (Korea Bizwire) – Amid growing geopolitical and economic uncertainties, including escalating U.S.-China tensions and the anticipated inauguration of Donald Trump’s second term, South Korea’s major corporations are conducting high-level strategy meetings to fine-tune their business plans for 2024. Samsung Electronics to Focus on Core Competitiveness Samsung Electronics will host its biannual Global [...]
SEOUL, Dec. 11 (Korea Bizwire) – The South Korean government’s ambitious plan to introduce AI-powered digital textbooks (AIDTs) has met with significant resistance from educators and civic groups nationwide, leaving the policy in jeopardy. Initially slated for rollout in March 2025 for select elementary, middle, and high school students, the initiative aimed to bolster digital [...]
SEOUL, Dec. 11 (Korea Bizwire) – Cafes near South Korea’s National Assembly have become centers of an impromptu “pay it forward” initiative, where supporters nationwide and abroad are purchasing refreshments in advance for protesters calling for President Yoon Suk Yeol’s impeachment. “A young voice called asking about our cheapest rice cakes, saying they wanted to pay [...]
SEOUL, Dec. 9 (Korea Bizwire) – As nationwide protests criticizing President Yoon Suk Yeol’s declaration of martial law gain momentum, a wave of innovative, community-driven acts is capturing attention. Among them, citizens and students are pre-paying for food and drinks—such as coffee, rice rolls, and soups—at nearby shops to support fellow demonstrators. Social media platforms [...]
SEOUL, Dec. 9 (Korea Bizwire) – In a significant pivot toward the world’s most populous nation, South Korean corporate powerhouses are intensifying their focus on India, seeing it as both an antidote to their China-dependent supply chains and a promising frontier for growth. Companies like Samsung Electronics, LG Electronics, and Hyundai Motor are expanding their footprint [...]
STOCKHOLM, Dec. 7 (Korea Bizwire) —On December 6, Han Kang, the acclaimed South Korean author and recipient of the 2023 Nobel Prize in Literature, expressed her shock over the resurgence of martial law in South Korea in 2024. Speaking at a press conference at the Nobel Prize Museum, Han reflected on the parallels between recent [...]
SEOUL, Dec. 7 (Korea Bizwire) – The once-clear divide between streaming platforms and traditional TV broadcasters in South Korea is rapidly dissolving, as collaborations between these two sectors become increasingly common. This trend underscores the evolving landscape of content distribution, driven by changing viewer habits and the financial pressures of content creation. When Netflix entered the [...]
SEOUL, Dec. 5 (Korea Bizwire) — Amid South Korea’s declining birthrate, corporations are stepping up with innovative and generous measures to support employees who choose to have children. From cash incentives to tailored family support policies, the private sector is playing a growing role in addressing the country’s demographic challenges. Buoyed by a groundbreaking policy [...]