The global smartphone market is bracing for a novel wave of competition as Xiaomi intensifies its efforts to develop in-house mobile processors. This move, revealed during Mobile World Congress (MWC) 2026 in Barcelona, positions the Chinese tech giant to rival industry leaders Samsung and Apple, who have long controlled the design and production of their … Read more
Berlin – A decades-long commitment to research and development has culminated in a significant validation for GC녹십자 (Green Cross Corporation), a South Korean pharmaceutical company. A comprehensive review of data spanning 30 years has confirmed the safety and efficacy of its domestically developed varicella (chickenpox) vaccine, MAV/06, in a study published in the prestigious international … Read more
The global beauty market is witnessing a continued surge in demand for Korean skincare and cosmetics – a phenomenon known as “K-beauty.” Now, two of South Korea’s leading Original Design Manufacturers (ODMs), Cosmax and Korea Kolmar, are strategically expanding their reach into Europe, with a particular focus on Italy. This move signifies a deepening commitment … Read more
South Korea Invests in Future Tech Workforce with Semiconductor Manufacturing Program for High School Students 용인, South Korea – In a move to bolster the nation’s semiconductor industry and prepare the next generation of skilled workers, the Yongin Education Support Office has launched a collaborative program with Myongji University offering high school students hands-on experience … Read more
CHUNCHEON, SOUTH KOREA – A pre-dawn fire in a multi-family dwelling in Chuncheon, South Korea, on Friday, March 7, 2026, resulted in the death of a 60-year-old man, authorities reported. The incident, which occurred in the city’s Hupyeong-dong neighborhood, is currently under investigation by both fire and police officials. According to the Chuncheon Fire Department, … Read more
Gangwon Province, South Korea, is significantly expanding its financial support for young entrepreneurs, increasing both the total loan amount available and the individual loan cap. This initiative, a key component of the provincial government’s efforts to stimulate economic growth and retain young talent, aims to provide crucial capital for startups and small businesses within the … Read more
South Korean credit card issuer Lotte Card is actively seeking to bolster its sales network through a latest online initiative, “LOCA Partners.” This program aims to offset a decline in traditional card sales agents and revitalize customer acquisition efforts. The move comes as the financial landscape shifts, with more consumers opting for online card applications … Read more
Instagram Alerts Parents to Teen Searches for Suicide and Self-Harm Instagram is now notifying parents when their teenage children repeatedly search for content related to suicide or self-harm, a significant step in the ongoing effort to protect young users online. The new feature, announced this week, aims to provide parents with timely information and resources … Read more
The South Korean banking sector is engaged in a fierce competition to attract deposits, spurred by a booming stock market and a “money move” phenomenon where investors shift funds from banks to securities. This has led to a surge in deposit rates, particularly among internet-only banks, as they strive to retain customers and secure funding … Read more
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