BYD to Launch Solid-State Battery Electric Vehicle Next Year China's largest electric vehicle manufacturer, BYD, is set to release an electric vehicle equipped with solid-state batteries next year.Li Ke, BYD's vice president, recently stated in a media interview that the company plans to launch models utilizing solid-state battery technology by 2027, as reported by the China Business Journal on September 15.BYD's solid-state batteries have already passed automotive standard verification. Chinese media report that the sulfide-based solid-state battery bein September 15, 2026

Korea and China Face Export Competition Amid Record Growth This year, exports from both South Korea and China have seen remarkable growth. China, in particular, is rapidly shifting from a focus on low-cost consumer goods to a significant increase in exports of advanced products such as semiconductors, artificial intelligence (AI), and electric vehicles. While South Korea celebrates record-high export figures, it is also allowing its key industries to be challenged.According to industry reports on September 14, South Korea's total exports from January to September 15, 2026

K-Beauty's Growth Formula Shifts as U.S. and Europe Drive Expansion K-Beauty's growth formula is changing. Moving away from a structure centered on the Chinese market and large brands, small and indie brands are expanding in overseas markets such as the U.S. and Europe. This shift is creating a virtuous cycle in the industry ecosystem, where brands, manufacturing, and distribution grow together, enhancing K-Beauty's competitiveness.According to the Ministry of Trade, Industry and Energy, cosmetics exports in the first half of this year (January to June) reached September 15, 2026

Korea and China Experience Surge in High-Tech Exports, Memory Market at Risk This year, the term 'supercycle' describing Korea's record export boom appears to apply equally to China. The growth in high-tech product exports, including semiconductors, has reached mid-double digits, putting pressure on Korea in the global market. With Korea already losing its edge in sectors like home appliances, electric vehicles, and batteries, the stability of its last stronghold—memory semiconductors—is now at risk.According to industry reports on September 14, the export growth in both September 15, 2026

Manager Arrested After Holding Knife to Internet Broadcaster's Neck A 20-year-old manager has been arrested after holding a knife to the neck of a female internet broadcaster, known as a BJ, during a standoff with police.According to Yonhap News Agency, the Ansan Sangnok Police Station in Gyeonggi Province arrested the man, identified as A, on charges of special injury, special confinement, and attempted murder on September 14.A is accused of threatening the 20-year-old BJ, identified as B, with a knife at a restaurant in Ansan's Sangnok District around 5:30 p.m September 15, 2026

Choi Tae-won Challenges Prosecutor's Decision on False Claims by Lawyer Choi Tae-won, chairman of SK Group, has filed an appeal against the prosecutor's decision not to indict a lawyer representing Noh So-young, director of the Art Center Nabi, who claimed that Choi spent over 100 billion won on Kim Hee-young, chair of the TNC Foundation. On September 15, Choi's legal representatives issued a statement announcing the appeal regarding the prosecutor's decision related to defamation charges against Lee Sang-won, the lawyer for Noh. Lee had previously claimed in media September 15, 2026

Woori Bank Expands Financial Support for Medical Device Companies Woori Bank is set to expand financial support for medical device companies with strong technological capabilities and growth potential.On September 14, Woori Bank announced that it had signed a financial support agreement with the Korea Medical Device Industry Association and the Technology Guarantee Fund to promote the social value of the medical device industry.The agreement is expected to provide benefits such as increased guarantee ratios or reduced guarantee fees, thereby alleviating the fi September 15, 2026

POSCO Group to Advance Payments to Partners Ahead of Chuseok Holiday POSCO Group announced it will advance a total of 436.8 billion won in payments to its partners, easing their financial burden ahead of the Chuseok holiday. This initiative aims to support smooth cash flow and liquidity for trading companies during the holiday season, when cash demand typically peaks.From September 16 to 23, POSCO and POSCO Flow will provide early payments totaling 366 billion won to trading companies. POSCO E&C will pay 44.8 billion won in full cash on September 17, instead of t September 15, 2026

Hyundai Motor Supports 500 Children with Disabilities with Special Strollers Hyundai Motor Company is taking the lead in providing customized special strollers for children with severe disabilities. On September 14, Hyundai hosted a walking event at Seoul Children's Grand Park, inviting children with severe disabilities and their families, and announced that it would support 500 customized special strollers for these children. This initiative is part of Hyundai's special stroller support program, aimed at improving the mobility environment for children with severe disabi September 15, 2026

Four Ministries Collaborate on Youth Policies in Military, Employment, and Housing The Youth Advisory Groups from the Anti-Corruption and Civil Rights Commission, the Ministry of Justice, the Ministry of Health and Welfare, and the Ministry of Gender Equality and Family joined forces to discuss youth policy development on 'Youth Day.'According to the Ministry of Justice, the four ministries held a '2030 Youth Advisory Group Policy Exchange Seminar' on September 14 at a café near Sookmyung Women's University in Yongsan, Seoul, to address the complex issues facing the youth gene September 15, 2026