Apple vs Huawei: Showdown for Tablet Dominance in China Apple and Huawei are simultaneously unveiling new tablets. All eyes are on whether Apple can overcome Huawei and rebound in the Chinese market share since the company is facing difficulties in China due to the recent surge in patriotic consumption. According to industry sources, on the 2nd, Apple is hosting the Let Loose Event on […]
American TikTok Sellers Reach Half a Million Despite Potential Ban While the U.S. political community passed a bill to force the sale of TikTok, a Chinese video platform, it was announced that the number of American sellers registered on TikTok’s e-commerce platform exceeded 500,000. As the bill’s implementation approaches, it is analyzed that TikTok is expanding its influence in the U.S., especially among the younger […]
Driving the Future: Volkswagen's Bold Move into China's Electric Car Market Amid the rapid growth of electric vehicles (EV) in China, global automakers are investing in Chinese companies receiving technology in reverse. Overseas automakers were forced to establish a joint venture (JV) to enter China and were concerned about technology theft, so they sought help from local firms to tap into the world’s largest EV market. […]
Navigating the Regulatory Storm: Chinese Companies Opt for Hong Kong IPOs Many companies choose to go public in Hong Kong as a solution to the inactive Chinese stock market, as authorities tighten regulations and raise the Initial Public Offering (IPO) threshold. Expectations are rising that the stagnant Hong Kong IPO market will recover, but experts are cautious, fearing the flock of less competitive companies to the […]
Qualcomm's Bright Outlook: Smartphone Market on the Rise Qualcomm, the world’s largest smartphone processor manufacturer, has announced that the smartphone market, which had been sluggish for a while, is recovering due to Chinese demand. It’s observed that the demand for premium phones equipped with Artificial Intelligence (AI) features is increasing among Chinese consumers. According to Reuters on the 1st of May (local time), […]
Hyundai Dominates IIHS Safety Ratings with Most Top-Rated Cars Hyundai Motor Group has produced the safest cars in the collision evaluation by the Insurance Institute for Highway Safety (IIHS) in the United States. Thanks to the addition of Hyundai’s popular midsize sports utility vehicle (SUV) model, Santa Fe, and midsize sedan model, Sonata, the list of officially recognized safe models has increased to 18. […]
Toyota's Hybrid Dominance Widens Gap with Hyundai in US Sales Last month, Japanese car brands, mainly Toyota, experienced strong sales in the U.S. market, while Korean brands like Hyundai and Kia struggled. Toyota’s more electrified products widened the gap with Hyundai as local consumer preference for hybrid cars surged. Toyota recorded double-digit growth for the sixth consecutive month, while Hyundai’s previously steep growth curve showed […]
U.S. Tech Firm Aids in KF-21 Fighter Jet Production Korea Aerospace Industries (KAI) is set to receive an aircraft structural diagnostics system from Acellent Technologies Inc., a U.S. company. The aim is to enhance the Korean fighter jet KF-21’s quality competitiveness and accelerate its mass production by the end of the year. According to Acellent, on the 2nd, the company signed a contract with […]
Cutting Off Russia's War Machine: U.S. Bans Uranium Imports The United States continues to disrupt Russia, which is at war with Ukraine. On the 1st, the U.S. Senate announced that it had approved a bill banning the import of Russian uranium. The House of Representatives passed the bill last December and unanimously approved by the Senate with no opposition. Uranium is used to supply […]
Amazon's AI Investment Pays Off with Record Profits Amazon’s first-quarter results exceeded market expectations. Amazon’s first quarter revenues in 2024 amounted to $143.3 billion, a 12.5% increase from the previous year, surpassing the consensus by 0.5%. Operating profit soared 220.6% to $15.3 billion, beating the consensus by 35.9%. Earnings Per Share (EPS) exceeded expectations by 16.4% at $0.98. The rise in profitability of […]
Tesla's Decision to Shut Down Supercharger Department Sends Shockwaves On the 24th of last month, Tesla vehicles were sighted charging at a Supercharger station in Fremont, California. Fremont (USA)/AFP-Yonhap News Tesla faces a wave of reductions, particularly in the battery charging sector, a core part of its electric vehicle business. This move has left the industry in a state of confusion. According to the […]
Apple vs Google: Battle for AI Supremacy Heats Up Apple, having a reputation for being late to step into the Artificial Intelligence (AI) industry, has been revealed to be making efforts to strengthen its AI capabilities by actively recruiting AI talents from Google and establishing a secret research lab in Zurich, Switzerland. On the 30th of last month, the Financial Times (FT) reported that […]
Hyundai and Kia's EV Cars Make History in U.S. Market For the first time in history, Hyundai Motor has achieved record-breaking eco-friendly vehicle sales in the U.S., surpassing 10,000 units in monthly hybrid (HEV) sales. Kia also broke records by selling over 5,000 units of its electric vehicle (EV) models for the first time. According to the industry on the 2nd, Hyundai’s hybrid sales in […]
Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty The New York stock market showed fluctuating results on May 1st (local time). According to Yonhap News, the Dow Jones Industrial Average closed at 37,903.29 on the New York Stock Exchange (NYSE), up 87.37 points (0.23%) from the previous day. The Standard & Poor’s (S&P) 500 index fell 17.30 points (0.34%) to 5,018.39, while the […]
MicroStrategy Buys More Bitcoin Despite Crypto Turmoil MicroStrategy, the big player in Bitcoin, has recently purchased more despite the turmoil in the cryptocurrency market, reinforcing its bullish outlook on Bitcoin. Michael Saylor, the executive chairman of MicroStrategy, announced on the 30th that the company invested $7.8 million this month alone, purchasing an additional 122 units of Bitcoin. With this purchase, MicroStrategy now […]
Elon Musk's China Gamble: Tesla's FSD Launch Sparks Stock Surge and Skepticism The automotive industry and investors are focusing on news that U.S. electric car manufacturer Tesla has secured a basis for launching its Full Self-Driving (FSD) software in China. On April 29th, Tesla’s stock price closed at $194.05 per share, a 15.31% increase from the previous trading day. This is the most significant increase since March […]
Microsoft's Next Move: Data Center Launches in Thailand Microsoft is set to establish a data center in Thailand. On the first of the month, Microsoft announced it would open its first regional data center in Thailand to enhance the availability of its cloud services. This news came just a day after Satya Nadella, the CEO of Microsoft Corporation, announced a $1.7 billion investment […]
Mexico Rises as the New Manufacturing Powerhouse As the Biden administration accelerates the decoupling from the Chinese supply chain, Mexico is rapidly emerging as a new global manufacturing hub to replace China. The manufacturing boom is happening in major cities in Mexico as foreign investments targeting the U.S. market continue, and the value of the Mexican peso is also on the rise. […]
Meta Reveals Median Pay of $379,000, With Half of Employees Earning More It has been revealed that half of the employees at Meta Platforms, Inc., the parent company of Facebook, earn salaries exceeding $379,000. Mark Zuckerberg, CEO of Meta Platforms, Inc. / Reuters-Yonhap News According to Business Insider, on the 26th (local time), Meta reported in documents recently submitted to the U.S. Securities and Exchange Commission (SEC) […]
China Welcomes Korean Companies' Investment Expansion: SK Group's Commitment According to Xinhua News Agency, a Chinese state-run media, Chey Tae-won, chairman of SK Group, met with He Lifeng, Chinese Vice Premier He Lifeng, on the 29th and promised to continue investing in China. Chey, who also serves as chairman of the Korean Chamber of Commerce and Industry, met with He, who was considered to […]
Apple vs Huawei: Showdown for Tablet Dominance in China Apple and Huawei are simultaneously unveiling new tablets. All eyes are on whether Apple can overcome Huawei and rebound in the Chinese market share since the company is facing difficulties in China due to the recent surge in patriotic consumption. According to industry sources, on the 2nd, Apple is hosting the Let Loose Event on […]
American TikTok Sellers Reach Half a Million Despite Potential Ban While the U.S. political community passed a bill to force the sale of TikTok, a Chinese video platform, it was announced that the number of American sellers registered on TikTok’s e-commerce platform exceeded 500,000. As the bill’s implementation approaches, it is analyzed that TikTok is expanding its influence in the U.S., especially among the younger […]
Driving the Future: Volkswagen's Bold Move into China's Electric Car Market Amid the rapid growth of electric vehicles (EV) in China, global automakers are investing in Chinese companies receiving technology in reverse. Overseas automakers were forced to establish a joint venture (JV) to enter China and were concerned about technology theft, so they sought help from local firms to tap into the world’s largest EV market. […]
Navigating the Regulatory Storm: Chinese Companies Opt for Hong Kong IPOs Many companies choose to go public in Hong Kong as a solution to the inactive Chinese stock market, as authorities tighten regulations and raise the Initial Public Offering (IPO) threshold. Expectations are rising that the stagnant Hong Kong IPO market will recover, but experts are cautious, fearing the flock of less competitive companies to the […]
Qualcomm's Bright Outlook: Smartphone Market on the Rise Qualcomm, the world’s largest smartphone processor manufacturer, has announced that the smartphone market, which had been sluggish for a while, is recovering due to Chinese demand. It’s observed that the demand for premium phones equipped with Artificial Intelligence (AI) features is increasing among Chinese consumers. According to Reuters on the 1st of May (local time), […]
Hyundai Dominates IIHS Safety Ratings with Most Top-Rated Cars Hyundai Motor Group has produced the safest cars in the collision evaluation by the Insurance Institute for Highway Safety (IIHS) in the United States. Thanks to the addition of Hyundai’s popular midsize sports utility vehicle (SUV) model, Santa Fe, and midsize sedan model, Sonata, the list of officially recognized safe models has increased to 18. […]
Toyota's Hybrid Dominance Widens Gap with Hyundai in US Sales Last month, Japanese car brands, mainly Toyota, experienced strong sales in the U.S. market, while Korean brands like Hyundai and Kia struggled. Toyota’s more electrified products widened the gap with Hyundai as local consumer preference for hybrid cars surged. Toyota recorded double-digit growth for the sixth consecutive month, while Hyundai’s previously steep growth curve showed […]
U.S. Tech Firm Aids in KF-21 Fighter Jet Production Korea Aerospace Industries (KAI) is set to receive an aircraft structural diagnostics system from Acellent Technologies Inc., a U.S. company. The aim is to enhance the Korean fighter jet KF-21’s quality competitiveness and accelerate its mass production by the end of the year. According to Acellent, on the 2nd, the company signed a contract with […]
Cutting Off Russia's War Machine: U.S. Bans Uranium Imports The United States continues to disrupt Russia, which is at war with Ukraine. On the 1st, the U.S. Senate announced that it had approved a bill banning the import of Russian uranium. The House of Representatives passed the bill last December and unanimously approved by the Senate with no opposition. Uranium is used to supply […]
Amazon's AI Investment Pays Off with Record Profits Amazon’s first-quarter results exceeded market expectations. Amazon’s first quarter revenues in 2024 amounted to $143.3 billion, a 12.5% increase from the previous year, surpassing the consensus by 0.5%. Operating profit soared 220.6% to $15.3 billion, beating the consensus by 35.9%. Earnings Per Share (EPS) exceeded expectations by 16.4% at $0.98. The rise in profitability of […]
Tesla's Decision to Shut Down Supercharger Department Sends Shockwaves On the 24th of last month, Tesla vehicles were sighted charging at a Supercharger station in Fremont, California. Fremont (USA)/AFP-Yonhap News Tesla faces a wave of reductions, particularly in the battery charging sector, a core part of its electric vehicle business. This move has left the industry in a state of confusion. According to the […]
Apple vs Google: Battle for AI Supremacy Heats Up Apple, having a reputation for being late to step into the Artificial Intelligence (AI) industry, has been revealed to be making efforts to strengthen its AI capabilities by actively recruiting AI talents from Google and establishing a secret research lab in Zurich, Switzerland. On the 30th of last month, the Financial Times (FT) reported that […]
Hyundai and Kia's EV Cars Make History in U.S. Market For the first time in history, Hyundai Motor has achieved record-breaking eco-friendly vehicle sales in the U.S., surpassing 10,000 units in monthly hybrid (HEV) sales. Kia also broke records by selling over 5,000 units of its electric vehicle (EV) models for the first time. According to the industry on the 2nd, Hyundai’s hybrid sales in […]
Federal Reserve Holds Interest Rates Steady Amid Economic Uncertainty The New York stock market showed fluctuating results on May 1st (local time). According to Yonhap News, the Dow Jones Industrial Average closed at 37,903.29 on the New York Stock Exchange (NYSE), up 87.37 points (0.23%) from the previous day. The Standard & Poor’s (S&P) 500 index fell 17.30 points (0.34%) to 5,018.39, while the […]
MicroStrategy Buys More Bitcoin Despite Crypto Turmoil MicroStrategy, the big player in Bitcoin, has recently purchased more despite the turmoil in the cryptocurrency market, reinforcing its bullish outlook on Bitcoin. Michael Saylor, the executive chairman of MicroStrategy, announced on the 30th that the company invested $7.8 million this month alone, purchasing an additional 122 units of Bitcoin. With this purchase, MicroStrategy now […]
Elon Musk's China Gamble: Tesla's FSD Launch Sparks Stock Surge and Skepticism The automotive industry and investors are focusing on news that U.S. electric car manufacturer Tesla has secured a basis for launching its Full Self-Driving (FSD) software in China. On April 29th, Tesla’s stock price closed at $194.05 per share, a 15.31% increase from the previous trading day. This is the most significant increase since March […]
Microsoft's Next Move: Data Center Launches in Thailand Microsoft is set to establish a data center in Thailand. On the first of the month, Microsoft announced it would open its first regional data center in Thailand to enhance the availability of its cloud services. This news came just a day after Satya Nadella, the CEO of Microsoft Corporation, announced a $1.7 billion investment […]
Mexico Rises as the New Manufacturing Powerhouse As the Biden administration accelerates the decoupling from the Chinese supply chain, Mexico is rapidly emerging as a new global manufacturing hub to replace China. The manufacturing boom is happening in major cities in Mexico as foreign investments targeting the U.S. market continue, and the value of the Mexican peso is also on the rise. […]
Meta Reveals Median Pay of $379,000, With Half of Employees Earning More It has been revealed that half of the employees at Meta Platforms, Inc., the parent company of Facebook, earn salaries exceeding $379,000. Mark Zuckerberg, CEO of Meta Platforms, Inc. / Reuters-Yonhap News According to Business Insider, on the 26th (local time), Meta reported in documents recently submitted to the U.S. Securities and Exchange Commission (SEC) […]
China Welcomes Korean Companies' Investment Expansion: SK Group's Commitment According to Xinhua News Agency, a Chinese state-run media, Chey Tae-won, chairman of SK Group, met with He Lifeng, Chinese Vice Premier He Lifeng, on the 29th and promised to continue investing in China. Chey, who also serves as chairman of the Korean Chamber of Commerce and Industry, met with He, who was considered to […]
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