Boeing Struggles in 2024, But $21 Billion Investment Offers Hope for RecoveryBoeing secures $21 billion amid challenges, but faces delivery drops and union strikes. Recovery expected in 2025.
ASML Projects $1 Trillion Semiconductor Market by 2030, Citing AI GrowthASML Holding has reaffirmed its long-term profit outlook, banking on the AI-driven semiconductor demand boom.
AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with NvidiaAMD lays off 1,000 employees as it shifts focus to AI chips, aiming to compete with Nvidia in the growing data center market.
Waltz Advocates for South Korea-U.S. Shipbuilding Partnership to Challenge China’s Maritime PowerTrump’s second term may boost US-South Korea shipbuilding ties to counter China’s naval growth, says National Security Advisor Waltz.
Trump’s Win Sparks Fears of Costly Tariffs for Korean Auto Battery GiantsTrump’s election victory raises concerns for South Korea's automotive and battery industries amid the U.S. presidential race.
Trump’s Victory Could Reshape the Chip Industry – Here’s Why South Korea Is WorriedDonald Trump's victory in the 47th US presidential election raises concerns for domestic semiconductor companies regarding policy changes.
Stellantis Plans 1,100 Layoffs in Ohio, Cites Need to ‘Regain Competitiveness’Stellantis announces layoffs of 1,100 workers at its Toledo Jeep plant to improve efficiency amid declining North American sales
Domestic First: China Urges Firms to Skip NVIDIA and Buy Local SemiconductorsChina urges its businesses to favor domestic semiconductor chips over NVIDIA's AI processors to bolster its chip industry.
Nvidia’s Plan B: Jensen Huang Reveals Backup Strategy if TSMC Faces Geopolitical ChallengesNvidia CEO Jensen Huang recently discussed the partnership with TSMC, hinting that he could utilize other foundries as necessary.
Philippine Defense Minister Seeks 40 New Fighter Jets – US, South Korea, Sweden Compete for the DealThe Philippine Secretary of National Defense has requested Congress to acquire 40 fighter jets, with bids from KAI, Lockheed Martin, and Saab.
China’s Restaurant Crisis: Over 1 Million Eateries Shut Down Amid Economic MeltdownChina’s economic downturn has devastated the restaurant and tea house sectors, with over 1 million closures in the year's first half.
Tesla Semi Goes Up in Flames in California: Why Electric Truck Fires Are More Dangerous Than You ThinkA fire in a Tesla Semi truck on Interstate 80 led to highway closures. Toxic gases and intense flames made firefighting difficult.
Canada on the Brink: Massive Railway Strike Could Cripple North American Supply ChainsA Canadian railway strike could disrupt North American supply chains, notably in automotive, as Maersk halts rail cargo.
How Microsoft and Google Are Helping China Bypass U.S. Chip Export ControlsReports have emerged that Microsoft and Google have provided Nvidia AI chips to Chinese companies through their overseas data centers.
China's Secret Role in Tesla's Robotaxi Revolution RevealedThe success of Tesla's autonomous vehicle ride-hailing service, robotaxi, is considered a crucial driver for the company's next growth phase.
Tesla Loses Home Advantage: U.S. Market Share Drops Below 50%According to Cox Automotive, Tesla's share of the U.S. EV market for the second quarter (April-June) was preliminarily estimated at 49.7%.
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric CarsHyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
Why Your New Car Might Smell Worse Than Grandma'sCustomers worldwide are complaining about unpleasant smells inside vehicles, yet the exact cause remains unknown.
46% of American EV Owners Might Go Back to Gas-Powered Vehicles46% of American EV owners responded that they intend to switch to a gas-powered car in their next purchase, according to a recent survey.
Why LG's Agitator Washer Is Winning Hearts (and Sales) in AmericaLG Electronics has received positive comments about its agitator washing machine from Consumer Reports.
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