Hoonsik Woo

Reporter at The Korea Daily

Reporter at The Korea Daily (English)

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Articles

California Top 8 of 10 Most Expensive U.S. Housing Market

3 days ago | koreadailyus.com | Hoonsik Woo

Home prices continued to climb across the United States in the first quarter of the year, with 8 of the 10 most expensive metro areas located in California, according to a new report from the National Association of Realtors (NAR) released on May 8. The report confirms that California remains home to the nation’s most expensive single-family housing markets.
Hyundai donates $10,000 to LA Public Library to support AAPI Heritage Month

3 days ago | koreadailyus.com | Hoonsik Woo

Hyundai Motor America has donated $10,000 to the Los Angeles Public Library (LAPL) to mark Asian American and Pacific Islander (AAPI) Heritage Month. The announcement was made on May 7, as part of the company’s broader efforts to enhance cultural inclusivity and community engagement in Southern California.
Korean Car Sales Hit Record in April: Hyundai, Kia, Genesis Up 16%

1 week ago | koreadailyus.com | Hoonsik Woo

Korean car brands continued their strong sales momentum in April 2025, driven by sustained demand for popular SUV models despite a slowdown in electric vehicle (EV) sales. According to monthly sales data released on May 1, Hyundai, Kia, and Genesis each posted double-digit sales growth, marking the seventh consecutive month of record-breaking sales. The three brands collectively sold 162,615 units, a 16% increase from April 2024.
Hyundai to showcase new IONIQ 9 in Koreatown from May 2 to May 18

2 weeks ago | koreadailyus.com | Hoonsik Woo

Hyundai Motor Company is unveiling its all-new IONIQ 9, a flagship three-row electric SUV, at an exclusive exhibition in Los Angeles’ Koreatown from May 2 to May 18. The showcase is being held at Madang Mall (621 S Western Ave.), a well-known shopping destination in the heart of Koreatown. The event offers visitors the first chance to experience the spacious interior and advanced electrification technology of the 2026 IONIQ 9.
2026 Hyundai Palisade to Launch with Hybrid Power and Off-Road Trim

3 weeks ago | koreadailyus.com | Hoonsik Woo

The 2026 Hyundai Palisade was unveiled during a preview event for Asian media on March 26 at Honeypot LA in Downtown Los Angeles, ahead of its official debut at the New York International Auto Show, scheduled from April 18 to 27. Under the theme “Bigger, Better, Further,” the fully redesigned SUV introduces major upgrades in design, performance, and technology, including Hyundai’s first hybrid version of the Palisade and a new off-road-focused XRT PRO trim.
OG Facebook Returns with Focus on Real Friend Connections

1 month ago | koreadailyus.com | Hoonsik Woo

Meta CEO Mark Zuckerberg is leading a strategic return to the platform’s roots with the launch of a new feature called the Friends Tab, marking the company’s latest effort to revive OG Facebook. The new Friends Tab displays only content shared by users’ friends—no recommended videos, celebrity posts, or ads. Instead, users will see personal updates, stories, Reels, and birthday notifications. The goal is to bring back the original identity of Facebook as a space for personal connections.
Over 220,000 children’s jewelry kits recalled due to harmful resin ingredient

1 month ago | koreadailyus.com | Hoonsik Woo

More than 220,000 children’s jewelry-making kits are being recalled nationwide after concerns that liquid resin in the kits could cause skin, eye, and respiratory irritation or allergic reactions, especially in children. The Consumer Product Safety Commission (CPSC) announced on February 27 that New Jersey-based importer LaRose Industries is recalling approximately 224,100 kits sold under the Cra-Z-Art brand with product names Gemex and Gel2Gem.
UCLA recession forecast warns economic slowdown ahead

1 month ago | koreadailyus.com | Hoonsik Woo

The latest UCLA recession forecast is sounding the alarm about the growing possibility of an economic downturn driven by recent Trump administration policies. Rising Risk of RecessionEconomists at the UCLA Anderson Forecast say the administration’s policies risk weakening manufacturing and shrinking the labor force. While clear signs of recession aren’t visible yet, the UCLA recession forecast warns several economic factors could trigger a downturn within the next two years.
LA Koreatown Housing Market Shows Signs of Recovery

1 month ago | koreadailyus.com | Hoonsik Woo

The housing market in LA Koreatown showed signs of growth in February, with more homes changing hands compared to last year. A total of 53 single-family homes, condos, and income properties were sold, a 15% increase from 46 sales in February 2024. According to an analysis by The Korea Daily, conducted with data from Dream Realty CEO Kenneth Jung, lower mortgage rates and seasonal demand contributed to the uptick in transactions.
How a Japanese parking innovation could help solve LA’s parking crisis

2 months ago | koreadailyus.com | Hoonsik Woo

As Koreatown’s parking shortage worsens, a Japanese company has successfully tackled urban parking challenges with an innovative approach that could serve as a model for Los Angeles. One of the most congested areas in Koreatown, the intersection of 6th Street and Alexandria Avenue, faces serious traffic blockages due to parked cars obstructing lanes and reducing drivers’ visibility.