Korean Wave
Hallyuwood, a compound word combining the word "Hallyu" (Korean Wave) with "wood" from Hollywood, is the informal term popularly used to describe the Korean-language entertainment and film industry in South Korea. Koreans use the term "Hallyu" to describe the Korean Wave phenomenon which has swept across the shores of almost every single country in the Asia region and many other countries around the world. The trend has been reported by CNN as "hallyu-wood". The term Hallyuwood has been used and quoted in various news articles, journals, books and symposiums to describe people, places and events related to the Korean Wave such as a planned "Hallyuwood Walk of Fame" in the glitzy Gangnam District in Seoul to a "bibimbap" dish called "Bibigo: The Hallyuwood hopeful".