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[From the Scene] Inside K-food-themed CU convenience store in Myeong-dong
Over half of Koreans open to living together before marrying
Maisan trails among popular destinations to close for winter
Maedeup exhibition opens in Manila
UK K-pop boy group Dear Alice and Gamma partner for debut
US Ambassador Goldberg to leave Seoul, retiring next January
Presidential office to hold emergency meeting on Trump's proposed tariffs
[Korea Quiz] Mature tastes
Prosecutors raid ruling party headquarters over influence-peddling scandal
Hyundai Motor to launch EV charging subscription service in Indonesia
US Ambassador to S. Korea Goldberg to retire from foreign service in January: source
S. Korean firms reviewing measures in response to Trump's tariff threat on Mexico-made goods
SM's first British boy band dearALICE gears up for global launch
S. Korea's AI safety institute officially launches
Samsung Electronics announces new leadership to ensure future competitiveness in chips business
Top diplomats of S. Korea, G7 members voice concerns over NK troop deployment to Russia
Govt. pledges support for semiconductor industry amid Trump concerns
[Herald Interview] Diva Lee Eun-mi to 'Move On' with nationwide tour
Court denies arrest warrant for ex-Woori Financial chief in loan scandal
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Industry
Technology
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Retail
Genesis GV60 gets remote software updates
Transport
Mar 6, 2022
Hyundai Motor’s standalone luxury brand Genesis announced Sunday that it is offering an “over-the-air” software update for its GV60 model that was launched last October. The software update will enhance the car’s advanced driver assistance system by improving forward and backward collision warnings, parking distance warnings, and remote smart parking assist features. With GV60, drivers will be able to download the updated software “over-the-air” while drivin
[MEET THE CEO] With fresh IPO capital, Krafton looks into metaverse, NFT and C2E
Technology
Mar 6, 2022
Creator of global hit PUBG: Battlegrounds says future is in games combined with blockchain technology
LG debuts Chromebook for education market
Industry
Mar 6, 2022
LG Electronics said Sunday it has launched a brand-new laptop, Chromebook, to target the growing education market, the size of which is expected to increase five times in three years. According to the consumer electronics firm, the 11-inch laptop offers a touch screen and can be utilized as a tablet as it bends backward. Weighing just 1.44 kilograms, the laptop is available for 690,000 won ($567). The cheap price was possible as the laptop doesn’t require an expensive Windows operating
Samsung joins Russia sanctions, donates $6m to Ukraine
Industry
Mar 6, 2022
Samsung Electronics has suspended its shipments to Russia and donated $6 million to Ukraine, according to industry sources Sunday. The South Korean tech giant has become the latest multinational firm to join comprehensive sanctions against Russia, where the market has crashed and the value of the ruble has plummeted. Despite its export embargo on Russia, Samsung Electronics will still operate its local factories there. “Shipments to Russia have been suspended due to the current geopol
Hyundai Engineering wins used plastic processing plant deal in US
Industry
Mar 6, 2022
Hyundai Engineering Co. said Sunday it has received a front-end engineering and design (FEED) deal to build a plastic waste processing plant in the United States. Hyundai Engineering obtained the FEED deal from Encina Development Group to process plastic waste into 150,000 tons of circular chemicals products a year, the company said in a statement. Hyundai Engineering aims to win more deals from Encina as the US company plans to push more plastic waste processing plant projects in the US, Latin
Samsung Electronics allegedly hacked by foreign entity, confidential data leaked
Industry
Mar 5, 2022
Samsung Electronics has allegedly been hacked by a foreign hacking group, which breached its confidential source code and other classified data, industry sources and media reports said Saturday. Data extortion entity Lapsus$ has claimed that it hacked the system of the South Korean tech giant and leaked up to 190 gigabytes of its data and source code online, according to the sources. It also said that it uploaded the leaked data for download via torrent. Samsung officials said they are
[Eye Plus] Meet servants, suppliers for Joseon royal families in Wonseo-dong
Industry
Mar 5, 2022
In Jongno-gu, central Seoul, one of the most historical districts in the city, lies a town that preserves the culture and art from the Joseon era. Walking alongside the town offers a glimpse of how low-level officials who worked for kings and queens of the Joseon Dynasty lived. Located between Bukchon Hanok Village and the Changdeok Palace, the town is called Wonseo-dong, meaning the western part of the palace’s backyard. Crossing a small road from the palace, visitors are welcomed by
[Newsmaker] K-drama filming locations among most popular attractions in Seoul: report
Industry
Mar 4, 2022
Foreigners flocked to famous K-drama filming sites in Seoul last year, propelled by a rising global popularity for Korean TV series, a report showed Friday. Among some 80 tourist attractions visited by 1.6 million foreigners last year, 57.6 percent were filming locations of Netflix-aired Korean dramas, a LG Uplus report showed. Milal Fine Art Museum in Gangnam-gu, the filming site of “Guardian: The Lonely and Great God,” saw a 195 percent surge -- the highest figure -- in the num
Blockchain experts call for government support in fostering digital asset businesses
Industry
Mar 4, 2022
The Korea Digital Asset Industry Committee highlighted the need to create a government organization committed to fostering blockchain businesses. On Thursday, stakeholders in the blockchain industry and academia gathered to debate on how to better capitalize on the emerging opportunities of digital assets. The panel stressed the importance of fostering digital economy -- as in, cashing in on digital technologies -- in order for Korea to grow into the fifth-largest economy. “In the era o
Fuel tax cuts extended until July amid oil price surge
Industry
Mar 4, 2022
The South Korean government decided to keep the current fuel tax cuts for another three months until July amid concerns that the war in Ukraine could propel energy prices. In November last year, the government lowered fuel taxes by a record 20 percent in a bid to tame inflationary pressure. The measure was set to expire at the end of April. A 20 percent cut equals to a reduction of 164 won per liter of gasoline and 116 won per liter of diesel. In a meeting on product price and in
Naver’s metaverse platform Zepeto hits 300m users
Technology
Mar 4, 2022
Zepeto, the metaverse platform of Korea’s tech giant Naver, said Friday its number of domestic and international users reached 300 million since its launch, amid the burgeoning trend of interactions in virtual reality. “The number of international users alone is 285 million, accounting for 95 percent of users, while 15 million domestic users have subscribed to the app,“ a Naver official said. ”The number of monthly active customers reached 20 million.“ Companies
Han Sung Motor to sponsor three breakdancers
Transport
Mar 4, 2022
Han Sung Motor, an official dealer of Mercedes-Benz Korea, said Friday that it has clinched a contract to sponsor three breakdancers. The sponsorship is part of a new project called WANNA.B by Han Sung Motor. It was established this year to support B-boy and B-girls to achieve what they want to become in the future. Through such a project, Han Sung Motor said it will launch more activities to expand the realm of breakdance and facilitate communication with millennials and Generation Z.
Hyundai’s Ioniq 5 scores higher than Mercedes-Benz EQB on AutoBild review
Transport
Mar 4, 2022
Hyundai Motor Group said Friday that its flagship electric model Ioniq 5 has received a higher score than Mercedes-Benz EQB from German automotive magazine AutoBild’s review. The carmaker said AutoBild compared the two models based on seven categories -– body, comfort, powertrain, driving dynamics, connected car, environment and cost -– along with 53 subcategories. Out of 800 points, Ioniq 5 received 582 points, 20 points more than the EQB. Ioniq 5 received higher poin
[Graphic News] S. Korean film market shrinks for 2nd year in a row in 2021 amid protracted pandemic
Business
Mar 4, 2022
South Korea’s filmmaking industry contracted for a second straight year in 2021 due mainly to the yearslong COVID-19 pandemic, government data showed. The aggregated revenue of the local film market, which includes domestic sales of movie tickets, online releases and exports, reached 1.02 trillion won ($855 million) last year, according to data from the Korean Film Council. It is a slight on-year decrease from the previous year’s 1.05 trillion won but marks plunge from 2.
[MWC 2022] Science Minister signs MOU with GSMA for metaverse cooperation
Technology
Mar 3, 2022
BARCELONA, Spain -- The South Korean Minister of Science and ICT Lim Hye-sook said the government signed a memorandum of understanding with GSMA, host of the Mobile World Congress 2022, to support mutual interests in the metaverse and its ecosystem development. Under the agreement, the ministry will share information in regard to the progress of the metaverse ecosystem in Korea with GSMA. In return, GSMA is set to present Korea to its members and developers around the world so that Korean busin
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