Photo=Motionelements South Korea’s leading telecom providers—SK Telecom, KT, and LG Uplus—are under intense pressure after a wave of cyberattacks exposed millions of customers to fraud and data theft, raising concerns over national cybersecurity. SK Telecom suffered the most severe blow in April when hackers breached its systems, leaking personal data of approximately 23 million customers. Regulators responded with a record

(Photo=Hyundai Motor Group) Hyundai Motor, South Korea’s largest automaker and a major global EV manufacturer, has reached a tentative agreement with its union that could bring an end to its first strike in seven years. The deal follows nearly three months of tense negotiations and comes at a time when the company faces growing challenges abroad, including rising U.S. tariffs

(Photo=Coupang) Coupang, South Korea’s largest e-commerce player, is stepping into the country’s new national artificial intelligence initiative aimed at reshaping manufacturing and logistics. The program, called the “Manufacturing AI Transformation (AX) Alliance,” was officially launched on September 10 at the Westin Josun Hotel in Seoul under the direction of the Ministry of Trade, Industry and Energy. The alliance brings together

Photo=Bang Si-hyuk instagram Bang Si-hyuk, the billionaire music producer who built BTS into a global pop juggernaut, is set to be questioned by South Korean police this month over allegations of fraudulent stock dealings tied to HYBE’s blockbuster IPO. Police officials confirmed that Bang will appear before investigators at Seoul’s Financial Crimes Investigation Unit on September 15. He is expected

Photo=WeMakePrice WeMakePrice, an early pioneer of South Korea’s booming e-commerce sector, is now on the verge of bankruptcy after a Seoul court terminated its corporate rehabilitation process—a dramatic downfall for a company that once helped shape the way Koreans shop online. On September 9, Judge Jeong Jun-young of the Seoul Bankruptcy Court ruled to end the company’s rehabilitation, a restructuring