SEOUL, Dec. 18 (Korea Bizwire) – Woowa Brothers, the operator of South Korea’s leading food delivery platform Baedal Minjok, unveiled “hyper-personalization,” “slow aging,” and “customized consumption” as major dining trends for 2024. The company announced these insights on December 17 at the 2024 Baemin Restaurant Conference in Seoul’s COEX, leveraging its proprietary data to identify [...]
SEOUL, Dec. 18 (Korea Bizwire) — Samsung Electronics Co. will unveil its new home appliances lineup powered by artificial intelligence (AI) technology at the upcoming CES next month, the company said Wednesday. The lineup, comprising the new Bespoke refrigerator, washer and dryer applied with AI home solutions, will be showcased at CES 2025, set to [...]
SEOUL, Dec. 18 (Korea Bizwire) – In a controversial escalation, hardline conservative supporters of South Korean President Yoon Suk Yeol have compiled a “blacklist” of celebrities who have supported or participated in protests demanding the president’s impeachment. The list is being circulated on online forums, accompanied by calls for boycotts of products endorsed by these [...]
SEOUL, Dec. 18 (Korea Bizwire) – A breast cancer screening AI solution is proving to be a valuable assistant to medical professionals, helping to identify tumors that might otherwise go undetected, according to a physician at Yongin Severance Hospital. In an interview on December 16, Dr. Lee Si-eun, a radiologist at the hospital, described how artificial [...]
SEOUL, Dec. 18 (Korea Bizwire) – Over the past three years, South Korea’s leading conglomerates have directed the bulk of their equity investments toward the electric vehicle (EV) battery sector, signaling a strategic focus on securing new growth engines. According to a report by corporate research firm Leaders Index on December 17, South Korea’s top [...]
SEOUL, Dec. 18 (Korea Bizwire) – Nexon and Ironmace, embroiled in a three-year legal battle over the copyright of Dark and Darker, faced off during the first witness hearings at the Seoul Central District Court on December 17. The proceedings centered on the development history of Nexon’s shelved Project P3 and its alleged similarities to [...]
SEOUL, Dec. 18 (Korea Bizwire) – South Korea’s Fair Trade Commission (FTC) has announced a comprehensive update to its advertising and labeling regulations, incorporating 32 new provisions from 29 recently enacted or amended laws. The updated guidelines include several consumer-focused requirements, such as mandatory disclosure of probability rates for in-game items, new regulations for patent attorney [...]
SEOUL, Dec. 18 (Korea Bizwire) – South Korea’s antitrust watchdog has identified multiple structural factors that could restrict fair competition and harm consumer interests in the country’s generative artificial intelligence market, according to a policy report released on December 17. The Korea Fair Trade Commission (KFTC) announced plans to closely monitor the market and begin reviewing [...]
SEOUL, Dec. 17 (Korea Bizwire) –LG Electronics unveiled its second corporate value enhancement program on Tuesday, outlining plans to pursue an initial public offering (IPO) for its Indian subsidiary and retire approximately 761,000 treasury shares by next year. This move follows the company’s first strategic announcement in October, which aimed to achieve a return on [...]
SEOUL, Dec. 17 (Korea Bizwire) – Retail Media Networks (RMN), a tool enabling advertisers to track consumer purchasing behavior in real time and deliver personalized ads at optimal moments, is emerging as a transformative force in the advertising industry. Globally established as a key medium, RMN is poised for rapid growth in South Korea. Global and [...]