SEOUL, Nov. 20 (Korea Bizwire) — LG Electronics said on Nov. 20 that it has signed a patent licensing agreement with Amazon covering the use of LG’s Wi-Fi standard-essential patents (SEPs) in the U.S. tech giant’s consumer devices, marking a significant step in the Korean company’s push to monetize its intellectual property portfolio. Under the agreement, [...]
SEOUL, Nov. 20 (Korea Bizwire) — The world’s top women golfers will return next year to Haenam, a coastal town at South Korea’s southernmost tip, as the LPGA Tour unveiled its 2026 schedule with a record-setting prize pool. The LPGA announced on Nov. 20 (Korea time) that the BMW Ladies Championship will once again be held [...]
SEOUL, Nov. 20 (Korea Bizwire) — South Korean autonomous-driving startup Autonomous A2Z has established a joint venture in Abu Dhabi with Space42, an Emirati AI and space-technology company, as the two countries expand cooperation in advanced mobility during President Lee Jae-myung’s state visit to the United Arab Emirates. The companies announced the partnership on Nov. 19 [...]
SEOUL, Nov. 20 (Korea Bizwire) — Kia’s new electric commercial vehicle, the PV5, has been named the 2026 International Van of the Year (IVOTY), marking the first time a Korean brand — and the first time an Asian electric light commercial vehicle — has captured the industry’s most prestigious award. Kia announced on Nov. 20 that [...]
SEOUL, Nov. 20 (Korea Bizwire) — A growing number of South Korean newlyweds are delaying official marriage registration to avoid financial penalties tied to the country’s housing and loan system, a trend that Japanese media say reflects shifting social norms amid an unrelenting real estate crisis. Japan’s Nikkei reported on Nov. 16 that roughly 20 [...]
ABU DHABI & SEOUL, Nov. 19 (Korea Bizwire) — On a warm November morning in the Emirati capital, President Lee Jae-myung arrived at a polished conference hall filled with Korean and Emirati business executives, all seated beneath a chandelier of cascading glass. But it was the future — not the décor — that commanded [...]
SEOUL, Nov. 19 (Korea Bizwire) — A brief moment in last week’s friendly match between South Korea and Bolivia has become an unlikely symbol of sportsmanship and selfless instinct, drawing praise at home and abroad and prompting a wider reflection on human altruism. During the Nov. 14 match at Daejeon World Cup Stadium, Bolivia’s goalkeeper [...]
SEOUL, Nov. 19 (Korea Bizwire) — A large majority of South Korean workers say the country’s labor market is fundamentally unequal, reflecting long-standing structural divides between large conglomerates and smaller firms, according to new research presented at a major labor conference in Seoul on Tuesday. The survey, released at the 30th-anniversary forum of the Federation [...]
SEOUL, Nov. 19 (Korea Bizwire) — LG AI Research is accelerating its entry into major global equity markets with a new artificial intelligence–driven forecasting model developed in partnership with the London Stock Exchange Group (LSEG), aiming to capture rising demand for automated investing tools. The model, called the AI Equity Forecasting Score (AEFS), analyzes roughly 5,000 [...]
SEOUL, Nov. 19 (Korea Bizwire) — South Korea’s major conglomerates are increasingly elevating executives born in the 1970s to senior leadership roles, signaling a generational shift in corporate management, according to new analysis released Wednesday by the Korea CXO Institute. At Samsung Electronics, three division heads born in 1970 or later now hold president-level titles: Yong [...]