SEOUL, Jan. 15 (Korea Bizwire) – The popularity of “hallyu,” or the Korean Wave, seems to have continued unabated across the world despite yearlong coronavirus restrictions, as the number of global hallyu fans topped the 100 million milestone last year, a public foundation said Friday. The number of members of hallyu fan clubs in 109 [...]
SEOUL, Oct. 15 (Korea Bizwire) — LG Electronics Inc. said Thursday that more content on the Korean Wave of popular culture can be watched on its smart TVs via its streaming service as the company tries to attract more consumers in major markets amid the pandemic-driven stay-at-home trend. LG Channels will now have more content [...]
SEJONG, Sept. 7 (Korea Bizwire) — South Korea will significantly hike its 2021 budget to promote the “Korean Wave,” as Korean pop culture enjoys a growing popularity worldwide, according to the finance ministry Monday. The Ministry of Economy and Finance has set aside 696.1 billion won (US$584.8 million) for next year’s budget to promote the [...]
SEOUL, Aug. 20 (Korea Bizwire) — Korean pop culture is gaining popularity in India, where the so-called Korean wave has always struggled to make inroads. With the onslaught of the coronavirus, Indians are beginning to find new interest in Korean entertainment as they are forced to stay indoors. For long, India’s Bollywood and the country’s [...]
SEOUL, Aug. 9 (Korea Bizwire) — Park Sung-hwan has been an ARMY, a fan of K-pop sensation BTS, for only about seven months, and when Samsung Electronics Co. announced the launch of BTS-themed gadgets, he didn’t hesitate to buy one. Park, whose wife and daughter are also ARMYs, went to the Weverse Shop, the official [...]
SEOUL, Feb. 29 (Korea Bizwire) — Foreigners’ favorable feelings toward South Korean cultural content marked an overall improvement last year on the strength of the continued popularity of “hallyu,” or the Korean Wave, according to a poll released Saturday by a government agency. The survey of 8,000 people in 17 countries who experienced Korean cultural [...]
SEOUL, Jan. 5 (Korea Bizwire) — South Korean snacks are increasingly gaining huge popularity in the global market as more consumers are addicted to new flavors and opted to pick up more Korean products in line with the Korean Wave, industry officials said Sunday. Exports of local snack products were tallied at US$43.14 million in [...]
SEOUL, Dec. 28 (Korea Bizwire) — The number of students in South Korea’s annual K-pop training course for overseas fans gained ground this year on the back of the global expansion of the Korean wave, government data showed Saturday. The Korean Culture and Information Service (KOCIS), an affiliate of the Ministry of Culture, Sports and [...]
SEOUL/LOS ANGELES, Aug. 19 (Korea Bizwire) — KCON, the world’s largest Korean pop music and culture convention launched, has attracted more than 1 million fans over the past eight years, its organizer said Monday. According to CJ ENM, the organizer of KCON, the convention’s cumulative audience reached 1,069,000 over the weekend when the Korean wave, [...]
INCHEON, Aug. 2 (Korea Bizwire) — The municipality of Incheon, west of Seoul, is planning to build a massive tourist complex in a hilly coastal area just west of Incheon International Airport after designating it as a free economic zone, officials said Friday. According to the Incheon Free Economic Zone Authority, the new tourist complex, [...]