SEOUL, Dec. 1 (Korea Bizwire) — Tesla is accelerating its push into South Korea, leveraging lower-cost China-made vehicles and a new supervised version of its Full Self-Driving system to rapidly expand its presence in one of the world’s most competitive electric-vehicle markets. Tesla Korea sold 47,941 vehicles from January through October, up 61.1 percent from a [...]
SEOUL, Dec. 1 (Korea Bizwire) — OLED panels now account for nearly 80 percent of the premium gaming monitor market, solidifying South Korea’s dominance in a fast-growing display segment and validating the strategic shift by Samsung Display and LG Display toward higher-value technologies. According to IDC data released Sunday, OLED penetration in gaming monitors priced above [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korea’s top securities firms have narrowed their gender pay gaps over the past five years, but disparities remain substantial, according to regulatory filings released on Sunday. Semiannual reports submitted to the Financial Supervisory Service show that the average first-half salary at the country’s 10 largest brokerages reached 103.5 million [...]
SEOUL, Dec. 1 (Korea Bizwire) — Following the successful fourth launch of South Korea’s homegrown Nuri rocket, attention is turning to a field that could become a core pillar of the country’s future space industry: space-based pharmaceutical research and manufacturing. “Space pharmaceuticals” refers to using the unique conditions of space — particularly microgravity — to develop [...]
SEOUL, Dec. 1 (Korea Bizwire) — Global automakers, led by Hyundai Motor, are deepening their push into gaming as they look to strengthen engagement with younger consumers and broaden their digital reach. Hyundai said on Sunday that its collaboration with the mobile racing game “Asphalt 9: Legends” won the Gold Award in the “Digital Experience: Automotive” [...]
SEOUL, Nov. 30 (Korea Bizwire) — South Korea’s top electronics makers, Samsung Electronics and LG Electronics, have been named among the most desirable employers in the United States, according to a new ranking by Forbes, underscoring the companies’ strong reputation in one of the world’s most competitive labor markets. Forbes, working with market research firm Statista, [...]
SEOUL, Nov. 30 (Korea Bizwire) — South Korea’s venture capital market is showing signs of revival after a prolonged slump, with third-quarter investment surpassing 4 trillion won for the first time since the pandemic era. The rebound has raised hopes that the country’s startup ecosystem may finally be emerging from its downturn. According to quarterly data [...]
SEOUL, Nov. 30 (Korea Bizwire) — South Korea is moving to tighten regulations on electric scooters as accidents involving personal mobility devices surge nationwide, raising concerns over public safety while prompting debate about the future of these increasingly common, eco-friendly vehicles. According to data released on Sunday by the Korea Road Traffic Authority, accidents involving personal [...]
SEOUL, Nov. 28 (Korea Bizwire) — Hyundai Motor Group will roll out South Korea’s first vehicle-to-grid (V2G) pilot service next month on Jeju Island, enabling electric vehicles to function as energy resources by sending stored electricity back to the grid, the company announced Friday. The pilot project stems from a partnership Hyundai signed in September with [...]
SEOUL, Nov. 28 (Korea Bizwire) — Nearly nine in ten of South Korea’s top 500 companies are using artificial intelligence in some form to manage personnel tasks, and more than one in five already rely on AI in hiring decisions, according to a government survey released Friday. The annual “2025 Corporate Hiring Trends Survey,” conducted by [...]