SEOUL, Dec. 18 (Korea Bizwire) – LG Display has introduced an in-house developed artificial intelligence (AI) production system into its OLED manufacturing processes, aiming to strengthen its competitive edge in the sector. The AI system collects and analyzes real-time data from all stages of OLED production, which involves over 140 complex processes and generates tens of [...]
SEOUL, Dec. 18 (Korea Bizwire) – Samsung Biologics announced on December 18 that it will invest in U.S.-based biotech company Generate Biomedicines through the Samsung Life Science Fund, a venture fund established to advance life sciences innovation. The Samsung Life Science Fund, jointly capitalized with KRW 240 billion ($167 million) by Samsung Biologics, Samsung C&T [028260], [...]
SEOUL, Dec. 18 (Korea Bizwire) – LG Electronics, a leader in OLED TVs, is strengthening its premium LCD TV lineup with the introduction of the 2025 LG QNED TV series, showcasing advanced wireless solutions and artificial intelligence (AI)-driven features. The move supports LG’s dual-track strategy to lead the global premium TV market with both OLED and [...]
SEJONG, Dec. 18 (Korea Bizwire) – South Korea’s foreign workforce has reached a historic milestone, surpassing 1 million workers for the first time, with nearly half employed in mining and manufacturing sectors, according to government data released December 17. A Statistics Korea report on immigrant residency and employment showed that as of May, the number of [...]
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) – 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 [...]