The Korean Film Awards is an annual ceremony that honors outstanding achievements in the South Korean film industry. Established in 2003, the awards recognize various categories, including Best Film, Best Director, and Best Actor, celebrating both artistic and technical excellence. The awards are organized by the Korean Film Council and are considered one of the most prestigious film awards in South Korea. They aim to promote the growth of the film industry and encourage filmmakers, actors, and other professionals to strive for excellence in their work.