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South Korean shipping company Sinokor Merchant Marine has pushed back against implications in recent international media coverage suggesting
South Korea’s surging global cultural influence is translating into record-breaking retail performance, as rising numbers of foreign tourists
The Weeknd will return to South Korea in October for his first performances in the country in eight
South Korea’s KF-21 Boramae fighter-jet program is facing mounting budget pressure after defense officials disclosed May 12 that
Photo=Motionelements South Korea’s leading chipmakers are rolling out dividend payments after posting record earnings, offering shareholders a seasonal windfall as their stocks continue to rally. Samsung Electronics said it will pay a dividend of about $0.41 per share, including a special payout for the first time in five years. The additional distribution lifts the total above its regular quarterly dividend
Photo=Sevenbrau A protracted dispute between South Korean craft brewer Sevenbrau and flour maker Daehan Flour Mills over the hit “Gompyo Wheat Beer” has been resolved through mediation, government officials said. The conflict arose from disagreements over a collaboration and trademark agreement tied to the beer, which became a breakout success after its launch in May 2020, selling more than 58
Photo=Naver In most parts of the world, searching online effectively means using Google. In South Korea, however, that assumption doesn’t hold. Naver continues to dominate the country’s search market, maintaining a share above 60% and reinforcing a rare exception to Google’s global supremacy. Despite intensifying competition and the rapid rise of artificial intelligence tools, Naver’s position remains largely intact. The
Photo= Daewoo Mobility Ministry of Land, Infrastructure and Transport said it has approved the country’s first paid autonomous freight service, granting a permit to RideFlux in a move that marks a step toward commercial deployment of self-driving technology. RideFlux plans to begin operations in June on a roughly 70-mile route linking a logistics complex in Seoul’s Songpa district with a
(Photo=bibigo) South Korea’s food industry is increasingly adopting entertainment-style marketing to win over overseas consumers, with CJ CheilJedang emerging as a leading example as it expands the global reach of its Bibigo brand. The company said its recent digital campaigns in the U.S. and Japan have surpassed a combined 500 million views, underscoring how Korean food brands are shifting from
