SEOUL, July 23 (Korea Bizwire) — In South Korea, new graduates entering research and development roles earn the highest starting salaries, while those in media and public relations receive the lowest, according to a new analysis by career platform JobPlanet. JobPlanet analyzed 1.42 million salary records collected from employment insurance data and ranked job categories [...]
SEOUL, July 22 (Korea Bizwire) — LG AI Research, the artificial intelligence (AI) lab under South Korea’s LG Group, on Tuesday unveiled its vision to expand the EXAONE AI ecosystem, encompassing every level from foundation models to enterprise-level AI application services. “We will secure global competitiveness based on our proprietary foundation model and apply it [...]
SEOUL, July 22 (Korea Bizwire) — Girl group BLACKPINK has claimed the No. 1 spot on both the Billboard Global 200 and Global Excl. U.S. charts with its latest digital single, “Jump,” Billboard said Tuesday. It marks BLACKPINK’s third time topping the Global 200 and fourth time leading the Global Excl. U.S. chart, making it [...]
SEOUL, July 22 (Korea Bizwire) — LG Electronics Inc. Chief Executive Officer (CEO) Cho Joo-wan has presented a replica of the company’s first radio to Qualcomm Inc. CEO Cristiano Amon as a symbol of appreciation for the long-standing partnership between the two companies. Amon shared a photo on Tuesday on his LinkedIn account of himself [...]
SEOUL, July 22 (Korea Bizwire) — Jeju Air Co., South Korea’s leading low-cost carrier, said Tuesday it has added its sixth Boeing B737-8 aircraft as part of efforts to modernize its fleet. With the latest acquisition, Jeju Air now operates a total of 44 aircraft, with 42 passenger planes and two cargo aircraft. The airline [...]
SEOUL, July 22 (Korea Bizwire) – K-pop boy group 1Verse officially debuted with its first single album, “The 1st Verse,” and a press showcase last week. For Seok, one of the five members and a North Korean defector, the moment still feels surreal. “I still can’t believe I’ve debuted as an idol,” Seok said with [...]
SEOUL, July 22 (Korea Bizwire) — Director Park Chan-wook’s “No Other Choice” has been officially invited to compete for the prestigious Golden Lion at this year’s Venice International Film Festival. The announcement was made Tuesday during a livestream revealing the 21 films in the main competition section. The acclaimed director’s latest film is the first [...]
SEOUL, July 22 (Korea Bizwire) — Hyundai Motor Group’s electric vehicle (EV) exports to the United States plummeted by 88% in the first five months of 2025 compared to the same period last year, reflecting the combined impact of local production ramp-up and sluggish U.S. sales. According to the Korea Automobile & Mobility Association (KAMA), [...]
SEOUL, July 22 (Korea Bizwire) — Samsung Display has demonstrated the exceptional durability of its latest foldable OLED panel, featured in the Galaxy Z Fold7, by successfully completing a rigorous 500,000-fold test conducted by global certification agency Bureau Veritas. In a statement on Tuesday, the company said the panel remained fully functional after being folded [...]
SEOUL, July 22 (Korea Bizwire) — As record-breaking heat and monsoon rains sweep across South Korea this month, a growing number of consumers are opting to spend their leisure time indoors — fueling a retail phenomenon known as “mallcations” and delivering a significant sales boost to department stores and outlet malls. According to major retailers, [...]