South Korean actress Youn Yuh-jung has just landed an Oscar win for Best Supporting Actress the first Korean actress to do so in the history of the Academy Awards.
Our Kim Yeon-seung is on the line to give us more details.
Yeon-seung walk us through this breathtaking moment.
Wow Mark, what a moment in South Korean cinematic history.
South Korean actress Youn Yuh-jung has just won the Oscar for Best Supporting Actress in the film "Minari."
Not only is she the first Korean actress to land an Oscar, but also only the second Asian actress to do so in the almost century-long history of the Academy Awards.
Youn Yuh-jung opened up her acceptance speech by joking about how many foreigners mispronounce her name, and once again, and saying that tonight, they are all forgiven.
She once again enunciated that her name is Youn Yuh-jung.
During her speech, she acknowledged her fellow nominees' performances and showed a side of humility by saying that she was able to win simply because she was 'luckier' today.
Finishing off, she thanked the late Korean director Kim Ki-young, the director who she worked with in her first film, "The Fire Woman."
The Academy Awards, as prestigious as it is in the cinematic world, has previously been criticized for its slow acknowledgement of people of color and foreign films.
Since its first ceremony in 1929, there have been fewer than two dozen Asian actors and actresses nominated for winning prizes sparsely spread throughout the decades.
But this year's Oscars are the most diverse ever.
Chloe Zhao was the first Asian woman to win Best director.
And Steven Yeun is the first Asian-American nominee for leading actor.
Out of the six categories that "Minari" has been nominated for, Youn Yuh-jung's is the only win that "Minari" has bagged as of now.
We're still waiting on the announcement for Best Picture.
Back to you, Mark