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Samsung Display Debuts Cutting-Edge OLED Innovations at Computex 2025

Samsung Display Debuts Cutting-Edge OLED Innovations at Computex 2025

TAIPEI, May 20 (Korea Bizwire) – Samsung Display is making its debut at Asia’s largest IT trade show, Computex 2025, showcasing a range of industry-leading OLED technologies aimed at reshaping the future of IT displays. The company announced Tuesday that it will operate a private exhibition booth for key clients from May 20 to 23 at [...]

Trump-Era Tariffs Hit Korean Auto Exports to U.S., Though Global Sales Cushion Blow

Trump-Era Tariffs Hit Korean Auto Exports to U.S., Though Global Sales Cushion Blow

SEOUL, May 20 (Korea Bizwire) — South Korea’s automobile exports to the United States fell sharply in April 2025, as new U.S. tariffs and a temporary slowdown in electric vehicle demand took a toll on the country’s largest export market for cars. According to data released Tuesday by the Ministry of Trade, Industry and Energy, [...]

Korean Buddhist Temple Cuisine Designated as National Intangible Heritage

Korean Buddhist Temple Cuisine Designated as National Intangible Heritage

SEOUL, May 20 (Korea Bizwire) — Korea’s traditional Buddhist temple cuisine, known for its deep spiritual roots and vegetarian principles, has been officially designated a National Intangible Cultural Heritage, the Korea Heritage Service announced on Monday. Often referred to as “sachal eumsik”, temple food encompasses the everyday meals of Buddhist monks, including ritual offerings and [...]

Korea to Mandate Zero-Energy Standards for Private Apartments, Construction Sector Gears Up

Korea to Mandate Zero-Energy Standards for Private Apartments, Construction Sector Gears Up

SEOUL, May 20 (Korea Bizwire) — As South Korea prepares to mandate zero-energy building (ZEB) standards for private apartment complexes by the end of June, major construction firms are racing to upgrade their building technologies to meet new government regulations aimed at reducing greenhouse gas emissions. The new rules, which will apply to all private buildings [...]

Study Finds Genetic Link Between Mental Disorders and Subjective Happiness

Study Finds Genetic Link Between Mental Disorders and Subjective Happiness

SEOUL, May 20 (Korea Bizwire) — A team of South Korean researchers has uncovered a strong genetic correlation between mental disorders and subjective well-being, suggesting that certain genetic variants influencing conditions like depression may also determine an individual’s perceived happiness. In a study published in the May 2025 edition of Nature Human Behaviour, researchers from [...]

Carve-Out M&A Surges in Korea as Private Equity Firms Capitalize on Corporate Restructuring

Carve-Out M&A Surges in Korea as Private Equity Firms Capitalize on Corporate Restructuring

SEOUL, May 20 (Korea Bizwire) — A growing wave of carve-out mergers and acquisitions (M&A)—in which large corporations sell off non-core business units—is reshaping the South Korean dealmaking landscape, with private equity (PE) firms emerging as key players. According to a recent report by the Korea Capital Market Institute, domestic conglomerates are accelerating portfolio streamlining in response [...]

Korea’s Antitrust Watchdog Cracks Down on Unfair Webtoon, Web Novel Contracts

Korea’s Antitrust Watchdog Cracks Down on Unfair Webtoon, Web Novel Contracts

SEOUL, May 20 (Korea Bizwire) — South Korea’s Fair Trade Commission (FTC) has uncovered more than 1,100 unfair contract clauses across 23 major webtoon and web novel content providers (CPs), exposing widespread practices that undermine creators’ copyright protections and allow for the unauthorized use of derivative works. Following a comprehensive review of contract terms from companies [...]

Support for Non-Marital Childbirth Rising Among Young Koreans, Especially Women

Support for Non-Marital Childbirth Rising Among Young Koreans, Especially Women

SEOUL, May 20 (Korea Bizwire) — Public acceptance of non-marital childbirth is steadily rising among young South Koreans, with women in their 20s and 30s showing the sharpest increases in approval, according to a new study commissioned by the Presidential Committee on Aging Society and Population Policy. The research, conducted by the Korean Women’s Development Institute, analyzed [...]

Researchers Develop Wearable Sensor to Accurately Measure Breastfeeding in Real Time

Researchers Develop Wearable Sensor to Accurately Measure Breastfeeding in Real Time

SEOUL, May 20 (Korea Bizwire) — A South Korea–U.S. joint research team has developed the world’s first clinically validated wearable sensor capable of accurately measuring the amount of breast milk consumed by infants during nursing in real time—potentially transforming neonatal care and easing anxiety for new mothers. The study, published May 14 in the journal [...]

Baemin Partners with Tving to Launch Bundle Service, Countering Coupang Eats’ OTT Strategy

Baemin Partners with Tving to Launch Bundle Service, Countering Coupang Eats’ OTT Strategy

SEOUL, May 19 (Korea Bizwire) — South Korea’s leading food delivery app Baemin is teaming up with local streaming platform Tving to offer a bundled subscription service, in a move seen as a strategic response to growing competition from Coupang Eats, which operates its own streaming platform, Coupang Play. Woowa Brothers, the operator of Baemin, [...]