SEOUL, Oct. 1 (Korea Bizwire) — Seoul Metro is offering the public a glimpse of the subway of tomorrow, unveiling an exhibition that blends artificial intelligence and accessibility-focused technology at Smart Life Week 2025, running through Oct. 2 at COEX. The showcase, designed under the theme “AI Station,” immerses visitors in a subway-like environment equipped with [...]
JEONGSEON, Oct. 1 (Korea Bizwire) — Kangwon Land is pressing ahead with plans to transform a former coal mining site into a cultural landmark, aiming to breathe new life into a once-declining community. The project, known as M650, will open in June 2026 as a multipurpose cultural complex built on the site of the former Sabuk [...]
SEOUL, Oct. 1 (Korea Bizwire) — Kakao Mobility said Tuesday it has begun offering real-time taxi-hailing services in Guam through its Kakao T app, expanding its overseas footprint in mobility services. Travelers can book rides in Guam via the “Travel” tab in the Kakao T app, while international users can access the service through Kakao’s [...]
SEOUL, Oct. 1 (Korea Bizwire) — McDonald’s Korea said Tuesday that sales of its regionally inspired menu items, launched under the “Taste of Korea” initiative, have topped 30 million units. The project, introduced to highlight premium domestic ingredients, aims to deliver fresh, distinctive flavors to customers while securing stable sales channels for local farms. Over [...]
SEOUL, Sept. 30 (Korea Bizwire) — LG Electronics is set to complete the stock market listing of its Indian subsidiary as early as October, a move that could raise nearly 1.8 trillion won ($1.3 billion) and significantly bolster the company’s balance sheet. The South Korean manufacturer said Tuesday its board approved the sale of a [...]
SEOUL, Sept. 30 (Korea Bizwire) – Samsung Electronics Co. is expected to unveil its first tri-folding smartphone at the upcoming Asia-Pacific Economic Cooperation (APEC) summit, industry sources said Tuesday, According to the sources, the South Korean tech giant plans to showcase the new model at an exhibition on the sidelines of the multilateral summit, scheduled [...]
SEOUL, Sept. 30 (Korea Bizwire) — Samsung C&T has taken a tangible step toward reimagining urban housing with the completion of a “Next Home” test bed in Yongin, south of Seoul. The three-story, 554-square-meter facility showcases technologies designed to break away from the rigid apartment layouts that have long dominated South Korea’s housing market. Instead, [...]
SEOUL, Sept. 30 (Korea Bizwire) — Naver Corp.’s sudden move to acquire Dunamu, operator of the global cryptocurrency exchange Upbit, has sent shock waves through South Korea’s technology sector, raising questions about the search giant’s long-term strategy and corporate governance. The deal, announced six months after founder Lee Hae-jin’s return as chairman of Naver’s board, is [...]
SEOUL, Sept. 30 (Korea Bizwire) — The fire that crippled South Korea’s National Information Resources Service last week is being traced to an aging lithium-ion battery, sharpening scrutiny of the country’s battery sector at a time when the industry is already grappling with slowing electric vehicle demand, expiring U.S. subsidies and intensifying competition from China. Authorities [...]
SEOUL, Sept. 30 (Korea Bizwire) — South Korea’s corporate ecosystem has been steadily weakening over the past decade, with fewer employees per company and a rising share of struggling firms unable to cover even their interest payments, a new report shows. According to a study released Sunday by the Korea Chamber of Commerce and Industry [...]