Latest news
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Revenge series 'The Glory' ranks third on Netflix's most-watched series chart in first half of 2023
SEOUL -- South Korean revenge thriller TV series "The Glory" became the third globally most-watched content on Netflix in the first six months of 2023. The series, rolled out on December 30, 2022, portrays a story of a woman who experienced vicious bullying at high school taking revenge on bullies after becoming an adult. According to the global streaming service giant's report released on December 13, the South Korean series recorded 622.8 million hours of viewing in
December 13, 2023 -
Seoul adopts usability certification for digital kiosks to reduce digital gap
SEOUL -- To help Seoulites who are unfamiliar with digital appliances, Seoul City has adopted a usability certification for digital ordering systems commonly found at restaurants and coffee shops. The capital city will provide benefits including subsidies for business loans for companies that develop digital kiosks, websites, or applications that are easily usable by the elderly and inexperienced users. Digital kiosks are widely used in South Korean restaurants to save operating cos
December 12, 2023 -
Hyundai develops snow chain-integrated tire technology
SEOUL -- Hyundai auto group has developed an innovative snow chain-integrated tire technology using shape memory alloy. The car tire can be used as an ordinary car tire and deploy a snow chain by pressing a button. According to Transparent Market Research, a global market research firm, the global market for winter tires is estimated to grow at an annual average growth rate of 5.9 percent to reach $35.65 billion by 2029. Some states and provinces in the United States and Canada requ
December 12, 2023 -
S. Korean President embarks on five-day state visit to Netherlands
SEOUL -- South Korean President Yoon Suk-yeol has embarked on a five-day state visit to the Netherlands on December 11. On the first day of his journey, Yoon met Korean compatriots and mentioned that his state visit is aimed at upgrading semiconductor cooperation between Seoul and Amsterdam. The South Korean leader will later tour ASML, a promising Dutch manufacturer of chip-making equipment. "With this visit, the semiconductor cooperation between South Korea and the Netherland
December 12, 2023 -
Domestic sales of electronics decrease after reopening: government data
SEOUL -- Domestic sales of electronics, including televisions, refrigerators, and washing machines have decreased compared to sales recorded during the COVID-19 pandemic, government data showed. Due to decreased sales, the recycling rate that electronics companies must achieve has also decreased. By law, South Korea mandates electronics companies to retrieve and recycle 49 types of electronics including home appliances. The annual rate that must be achieved is decided by the environ
December 12, 2023 -
BTS' Jin could train band mates Jungkook and Jimin as drill instructor at military boot camp
SEOUL -- Jungkook, the youngest member of BTS, and the group's lead vocalist Jimin started their mandatory military service. The two artists will go through five weeks of basic training at a front-line infantry division that guards the inter-Korean border. Currently, the band's eldest member Jin is training new soldiers as an assistant army drill instructor at the infantry division. In South Korea, males aged 18 and above must complete their military service unless they have
December 12, 2023 -
S. Korean SPA brands seek to evade aftermath of economic recession through differentiated strategies
SEOUL -- South Korean SPA (specialty retailer of private label apparel) brand operators have adopted differentiated marketing strategies to increase sales despite the country's economic recession caused by high inflation and increased basic operating costs including oil, materials, and manpower. SPA brands are recognized by South Korean consumers as clothing brands that sell reasonable-quality apparel for affordable prices. Consumers in their 20s favor buying clothes from SPA br
December 12, 2023 -
ZEPETO operator to support UAE's metaverse business in media accelerator zone
SEOUL -- The operator of ZEPETO, a metaverse platform created by South Korea's top portal site Naver, will share its expertise in metaverse-related technologies to upgrade an existing virtual reality ecosystem in the United Arab Emirates' media service hub "Sharjah Media City." The media accelerator zone, located in the Middle Eastern country's third-most populous city of Sharjah, plans to offer various business opportunities for global entrepreneurs in the creati
December 11, 2023 -
Hyundai Motor forges multilateral partnership to accelerate establishment of global hydrogen ecosystem
SEOUL -- Hyundai Motor forged a multilateral partnership with various organizations and SK E&S, the renewable energy wing of South Korea's SK Group, in a bid to establish a global hydrogen ecosystem. A hydrogen ecosystem refers to infrastructure that consists of networks of hydrogen factories, logistics systems for hydrogen transport, storage systems for hydrogen, and hydrogen charging stations for commercial and ordinary hydrogen-based vehicles. When hydrogen networks of
December 11, 2023 -
BTS' RM and V begin mandatory military service
SEOUL -- BTS' leader, RM, and V, a member of the group, have commenced their compulsory military service. After completing five weeks of basic training at South Korea's largest army boot camp, the two artists will be assigned to their unit, where they will spend the rest of their time with fellow soldiers for about 16 months and three weeks. In South Korea, males aged 18 and above are obligated to complete their military service unless exempted for valid reasons. Those enl
December 11, 2023
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SM Entertainment's new girl group set for debut next month
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BOK's post-martial law liquidity supply outpaces pandemic measures
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Korean firms ramp up US investments amid policy uncertainty
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Bong Joon-ho's sci-fi blockbuster set for world premiere at Berlinale
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Soaring interest margins lead to big rewards for employees at Korean banks
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Dining costs in South Korea rise for third consecutive year
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Annual ice fishing festival kicks off in Hwacheon
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Ukraine proposes swap of North Korean captives for Ukrainian POWs held in Russia
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Yoon's first formal hearing in impeachment trial to be held in absentia
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Ukraine captures two wounded North Korean soldiers, Zelensky says