SEOUL, Dec. 15 (Korea Bizwire) — Samsung Electronics’ Galaxy smartphone line has once again been named South Korea’s most valuable brand, extending its reign to 15 consecutive years, according to a widely watched industry index released Sunday. Branding consultancy Brandstock said Galaxy earned a Brand Stock Top Index (BSTI) score of 948 in its 2025 ranking [...]
SEOUL, Dec. 15 (Korea Bizwire) — Early-stage entrepreneurs using artificial intelligence to solve industrial problems are beginning to see tangible results, propelled by TeX-Corps (Tech EXploration Corps) — a commercialization program modeled after the U.S. National Science Foundation’s I-Corps that pushes researchers to validate their ideas through rapid, intensive customer discovery. The program, designed to help [...]
BUSAN, Dec. 15 (Korea Bizwire) — South Korea’s Coast Guard has arrested a smuggling ring accused of importing thousands of counterfeit luxury goods from China and selling them online, prompting several global fashion houses to issue formal letters of appreciation — an unusually public response from brands that rarely acknowledge enforcement actions. The South Regional Coast [...]
SEOUL, Dec. 15 (Korea Bizwire) — Samsung Electronics said Sunday that its AI-powered energy-saving mode for home appliances has been shown to reduce electricity consumption in high-efficiency washing machines by roughly 30 percent, based on one of the largest real-world validations conducted in the industry. The findings come from a yearlong study Samsung carried out with [...]
SEOUL, Dec. 15 (Korea Bizwire) — Hyundai Motor’s hydrogen fuel-cell SUV, the All-New Nexo, has received the highest possible safety rating from Europe’s premier new-car testing program, the company said Sunday, marking another milestone for the automaker’s expanding lineup of alternative-energy vehicles. The Nexo earned five stars in the latest Euro NCAP evaluation, recognized for maintaining [...]
SEOUL, Dec. 15 (Korea Bizwire) — South Korea’s wealthy population continued to grow last year, exceeding 476,000 individuals with more than 1 billion won (about $760,000) in financial assets, according to a new report that highlights widening asset gaps and a renewed appetite for stock investments despite a climate of economic uncertainty. The 2025 Korea Wealth [...]
SEOUL, Dec. 14 (Korea Bizwire) — Hyundai Motor is strengthening its position in Brazil, the largest automotive market in South America, widening its lead over Toyota as competition among Asian brands intensifies. According to data released Sunday by the Brazilian vehicle distributors’ federation Fenabrave, Hyundai sold 182,948 cars in Brazil between January and November, capturing an [...]
SEOUL, Dec. 12 (Korea Bizwire) — Samsung Electronics’ newest foldable smartphone, the Galaxy Z TriFold, appears poised for a strong debut after the first batch sold out within minutes of its release in South Korea on Friday, signaling robust early demand for the company’s most experimental form factor yet. According to the information technology industry, all [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s newly created media regulator said Friday it will open a transparency center next year to confront the spread of online disinformation, signaling an aggressive shift in how the government intends to police digital content. The announcement came as the Korea Media Communications Commission (KMCC) delivered its first [...]
SEOUL, Dec. 12 (Korea Bizwire) — South Korea’s newlywed population slipped below the one-million mark for the second year in a row in 2024, a symbolic threshold for a country already preoccupied with its demographic future. Government data released Friday show just 952,000 couples had been married for five years or less last year—a 2.3 [...]