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Coupang Shifts to Sole Representative System for AI-Based Growth

SEOUL, May 26 (Korea Bizwire) – E-commerce giant Coupang said Monday it has transitioned from a co-representative leadership system to a sole representative system under Park Dae-joon as part of efforts to drive growth through artificial intelligence (AI)-based logistics innovation. The company, wholly owned by New York-listed Coupang Inc., had been led by two representative directors, Park and Kang Han-seung. Park has spearheaded the nationwide expansion of Coupang’s renowned Rocket Delivery service and led the [...]

AI Disrupts Developer Hiring Landscape, Driving Demand for High-Skilled Talent

SEOUL, May 21 (Korea Bizwire) – As generative AI tools increasingly take over routine coding tasks, South Korea’s software industry is witnessing a growing polarization in developer hiring, with demand surging for high-skilled talent and declining for junior-level programmers. According to a new report released Monday by the Software Policy & Research Institute, the convergence of [...]

Gov’t, Private Sector Discuss AI-Powered Drug Development Amid Growing Global Competition

SEOUL, May 15 (Korea Bizwire) – The government held a consultative meeting with private sector stakeholders Thursday to promote the use of artificial intelligence (AI) in drug development in response to the intensifying global competition in the bio-health sector. The meeting brought together officials from the Ministry of Economy and Finance and other relevant government [...]

Samsung Enters AI Infrastructure Race With Major HVAC Acquisition

SEOUL, May 14 (Korea Bizwire) — Samsung Electronics has made its biggest acquisition in nearly a decade, purchasing Germany-based FläktGroup for €1.5 billion (approximately 2.38 trillion won or $1.68 billion) in a move to aggressively expand into the fast-growing global heating, ventilation, and air-conditioning (HVAC) market. The deal, announced Tuesday, positions Samsung to capitalize on soaring demand [...]

New 3D-Printed Tumor Model with AI Analysis Offers Breakthrough in Personalized Cancer Prognosis

ULSAN, April 30, (Korea Bizwire) — South Korean scientists have created an advanced artificial tumor model using 3D printing and artificial intelligence (AI) to replicate the internal environment of cancer patients’ bodies, offering a breakthrough in personalized cancer prognosis. The joint research team from the Ulsan National Institute of Science and Technology (UNIST) and Seoul [...]

New AI Model Mimics Human Visual Cortex to Sharpen Image Recognition

DAEJEON, April 23, (Korea Bizwire) — South Korean researchers have developed a breakthrough artificial intelligence model that selectively processes visual information much like the human brain, significantly enhancing image recognition capabilities. Announced on April 22, 2025, by the Institute for Basic Science (IBS), the innovation comes from a joint effort between the IBS Center for [...]

LG Display Launches In-House AI Assistant to Boost Workplace Productivity

SEOUL, April 21, (Korea Bizwire) — LG Display announced Monday that it has developed and deployed its own artificial intelligence assistant — the first of its kind in the display industry — to streamline internal workflows and improve productivity. The AI assistant service, which debuted in early 2025, is designed to support individual productivity through [...]

AI-Related Incidents Hit Record High in 2024 as South Korea Grapples with Brain Drain and Investment Decline

SEOUL, April 17, (Korea Bizwire) — As artificial intelligence continues to transform societies, a new report reveals that AI-related negative incidents—ranging from deepfake pornography to suicide-linked chatbots—surged to a record high last year. Meanwhile, South Korea saw a decline in its global AI investment ranking, even as the number of domestically funded AI startups increased. [...]

South Korea Launches National Humanoid Robot Alliance to Compete in Global AI Race

SEOUL, April 11 (Korea Bizwire) — As global tech giants intensify efforts to dominate the humanoid robotics race, South Korea has launched a national consortium of over 40 universities, research institutions, and companies with the goal of becoming a global leader in humanoid technology by 2030. The Ministry of Trade, Industry and Energy (MOTIE) announced [...]

AI-Generated Resumes Stir Debate in Hiring: Efficiency Meets Authenticity Concerns

SEOUL, April 8 (Korea Bizwire) — As generative AI tools like ChatGPT become increasingly common in job applications, hiring professionals are struggling to assess the true capabilities of candidates, raising new questions about fairness, authenticity, and the future of recruitment. A recent survey by U.S.-based career platform ResumeGenius, which polled 1,000 hiring managers, reveals that [...]