GOYANG, South Korea, May 22 (Korea Bizwire) – The PlayX4 2025 gaming expo, one of South Korea’s largest gaming events, opened Thursday at KINTEX in Goyang, Gyeonggi Province, with major participation from domestic and international developers. Running through May 25, the four-day event is hosted by the Gyeonggi provincial government and co-organized by the Gyeonggi Content [...]
SEOUL, May 22 (Korea Bizwire) – In a move to better serve the growing number of foreign residents in South Korea, LG Uplus announced Thursday it will launch specialized retail stores tailored for non-Korean customers at key locations nationwide. The initiative aims to improve accessibility and communication for foreign nationals seeking mobile and internet services. The [...]
SEOUL, May 22 (Korea Bizwire) – LG Electronics announced Wednesday that it has surpassed 10 million cumulative OLED TV sales in Europe, marking a major milestone in the company’s global expansion and long-standing dominance in premium television technology. Since launching its OLED TV lineup in the European market in 2013, LG reached 5 million units in [...]
SEOUL, May 22, 2025 (Korea Bizwire) — After a prolonged slump driven by scandals and user attrition, South Korea’s blockchain gaming industry is showing signs of a robust revival, fueled by new product launches and anticipation of a more favorable regulatory climate under the incoming administration. Nexon, one of South Korea’s largest game developers, officially launched [...]
SEOUL, May 22, 2025 (Korea Bizwire) — A new report warns that South Korea’s manufacturing sector remains disproportionately dependent on foreign demand—particularly from the United States and China—raising concerns about economic vulnerability amid ongoing global trade tensions. According to data released Wednesday by the Korea Employers Federation (KEF), 58.4% of South Korea’s manufacturing GDP in [...]
SEOUL, May 22 (Korea Bizwire) — China solidified its near-total dominance of the global lithium-ion battery anode materials market in 2024, pushing South Korea’s POSCO Future M out of the global top 10 amid intensifying price competition and overproduction. According to data released Tuesday by SNE Research, global demand for anode materials reached 1.97 million tons [...]
SEOUL, May 22, 2025 (Korea Bizwire) — Asiana Airlines is facing mounting criticism and potential legal action over plans to offer unequal severance packages to employees affected by the company’s upcoming sale of its cargo division to Air Incheon, scheduled for July. According to industry sources, Asiana recently notified staff that domestic employees in its [...]
SEOUL, May 22 (Korea Bizwire) — Korea Electric Power Corporation (KEPCO) announced the completion of the country’s largest ammonia combustion testing facility on Tuesday, as the state-run utility accelerates efforts to commercialize carbon-neutral power generation technologies. Located at KEPCO’s Power Research Institute, the new 1-megawatt testbed is designed to verify high-efficiency, low-emission combustion of ammonia—a [...]
JEJU, May 22 (Korea Bizwire) — The number of electric vehicles actively operating on Jeju Island has surpassed 40,000, signaling a milestone in the island’s decade-long push toward greener transportation. According to the Jeju Provincial Government on Wednesday, as of the end of April 2025, a total of 40,267 electric vehicles were registered and actively in use [...]
SEOUL, May 21, 2025 (Korea Bizwire) — CJ Olive Young, South Korea’s leading beauty and health retailer, kicked off the 2025 Olive Young Festa on Wednesday, launching the country’s largest hands-on beauty and wellness festival. The event runs through May 25 on Seoul’s scenic Nodeul Island. Originally launched in 2019, Olive Young Festa is designed as [...]