Lee Jun-seok Resigns as Reform Party Leader, Citing Need for Change
Lee Jun-seok, leader of the Reform Party, announced his resignation on August 26, stating, "If I have been blocking the efforts of other party members, stepping aside is the choice I must make for the party." He cited responsibility for the party's poor performance in the June 3 local elections and the controversy surrounding Jeong Yi-han, a former candidate for Busan mayor, who was implicated in a staged attack.During a press conference at the National Assembly, Lee said, "For about three month
Gwangju, South Jeolla Province Beach Sees 550,000 Visitors with No Fatalities
This year, the beaches in Gwangju, South Jeolla Province, closed without any fatalities. Although the operating days were reduced by six compared to last year, the number of visitors increased by 3.2%.According to the Gwangju Metropolitan City on August 26, a total of 550,097 people visited the 48 beaches across 12 cities and counties during the 45-day operating period that ended on August 23.This figure represents an increase of 16,865 visitors (3.2%) from last year's total of 533,232. Notably,
Ruton Secures 100 Billion Won in Series C Funding, Valued at 1 Trillion Won
Ruton Technologies has become the first domestic artificial intelligence (AI) service startup to achieve a valuation of 1 trillion won, securing 100 billion won in Series C funding.On August 26, Ruton announced that it had raised 100 billion won in Series C funding, bringing its total funding to approximately 230 billion won.This round of investment saw new participation from Coreline Ventures and Eugene Asset Management. Existing investors, including Goodwater Capital, Antler Global, Woori Vent
Aprogen Secures Global Exclusive Rights for GPC-100 from Subsidiary Aptun
Aprogen is experiencing a surge in stock prices following the announcement that its subsidiary Aptun has secured global exclusive rights for the immune cell booster GPC-100.As of the morning of August 26, Aprogen's shares rose by 750 won (30%) to 3,250 won, reaching the upper limit of the price increase.On this day, Aptun announced that it has signed a contract with GPCRT to obtain global exclusive rights for GPC-100 and its combination therapies. Aptun will pay GPCRT 6.5 billion won and will al
September to Feature 'Arko Summer Festival' in Cheongju, Gwangmyeong, Seoul, and Busan
The 2026 Arko Summer Festival (Arko Summer Festa) will take place in September, as announced by the Korea Arts and Culture Education Service (Arko) on August 26.The festival will feature several performing arts events, including the 'Rural Excellent Theater Festival' in Cheongju, the 'Korea Theater Festival' in Gwangmyeong, the 'Dongnae Folk Arts Festival' in Busan, and the 'Seoul International Computer Music Festival.'The 'Rural Excellent Theater Festival' (September 4-6) will be held at the Ch
Samsung Display Supplies OLEDs for Genesis GV90, Enhancing Luxury Mobility Experience
Samsung Display is supplying OLED technology for the Genesis GV90, a flagship electric SUV, enhancing the quality of in-car displays. The pop-up structure allows for efficient use of interior space while providing an immersive large-screen experience.On August 26, Samsung Display announced it will provide two types of OLEDs, measuring 24.6 inches and 13.2 inches, for the GV90. The products are set to begin shipping this month.The central cinematic display features a 24.6-inch OLED. While driving
LS Electric Partners with GE Vernova to Enhance HVDC Power Grid Competitiveness
LS Electric is teaming up with global power infrastructure company GE Vernova to establish a joint venture focused on voltage-source HVDC technology, aiming to penetrate the next-generation power grid market. This collaboration comes as the domestic HVDC market expands, driven by large-scale power grid projects such as the government-led West Coast Energy Highway.On August 25, LS Electric announced that it signed a strategic cooperation agreement with GE Vernova for the establishment of the join
AICA Implements Digital Access Management with Barun Information Technology's Zero PASS
Barun Information Technology, a company specializing in AI and data-based public solutions, will supply its Zero PASS access management system to the AI Industry Convergence Business Group (AICA) located in Nam-gu, Gwangju.AICA operates the national AI data center and AI demonstration center, making visitor identity verification and access control crucial. The introduction of this system aims to transition the existing access management framework to a digital format.Zero PASS is a system that ve
Jeonnam Bio Center and Vaccine Safety Center Strengthen Collaboration in Biopharmaceuticals
The Jeonnam Bio Center and the Vaccine Safety Technology Support Center are expanding their collaboration to enhance workforce training in biopharmaceuticals and provide technical support for vaccine development. According to the Jeonnam Bio Center, the two organizations signed a memorandum of understanding (MOU) on August 24 to foster the continuous growth of the biopharmaceutical industry and meet the demand for specialized personnel in the field. Under the agreement, the organizations will co
Genesis GV90 Receives Global Acclaim for Innovative Design
Genesis has garnered global praise for the GV90 Neoloon and GV90, unveiled in San Francisco. The vehicle's design, which features the world's first hidden B-pillar coach door and embodies Korean aesthetics, has particularly caught the attention of international media.Major foreign outlets have highly rated the design quality of the GV90. Forbes stated, "Genesis has finally prepared to turn dreams into reality."Automotive publication The Drive noted, "The seamless body panels create a sense of un