Kia EV9 Wins the World Car of the Year 2024, Making It a Two-time WinnerKia’s flagship electric sports utility vehicle (SUV), model EV9, has won the World Car of the Year, the highest honor at the World Cars Awards 2024. It also clinched the title of World Electric Vehicle, making it a two-time winner. Hyundai’s Ioniq 5 N also won in the performance car category. According to the WCA, […]
China's Electric Vehicle Boom Fuels Investment Interest in Battery SectorDespite global economic uncertainties, the rapid expansion of the electric vehicle market, government incentives, environmental regulations, and increased consumer preference for clean transportation continue to make the Chinese battery sector attractive to investors, argued Shijia Yan, an energy storage analyst at BloombergNEF. He emphasized that China’s battery industry, powered by the country’s robust demand for […]
Singapore Embraces Nuclear Energy for SustainabilitySingapore is planning to construct a nuclear power plant. According to the Korea Institute for International Economic Policy on the 24th, Singapore is considering introducing nuclear energy to reduce carbon emissions in the power sector and secure energy security. Singapore’s Energy Market Authority (EMA) is visiting countries such as the United States, United Kingdom, and […]
Nvidia CEO Jensen Huang Gives Handwritten Approval to Samsung's HBM3E at GTC 2024Jensen Huang, CEO of Nvidia, visited Samsung Electronics’ booth at ‘GTC 2024’ and left a handwritten approval for their 5th generation high-bandwidth memory ‘HBM3E’ 12-layer product. Previously, Huang had announced through a global media briefing that he had tested Samsung’s HBM and had high expectations. This handwritten approval from CEO Huang is interpreted as an […]
Hyundai, Kia's Record Sales Streak Overshadowed by EPA's Fuel Economy BlowHyundai Motor and Kia are readjusting the fuel economy ratings for some models sold in the United States. Following fuel economy tests by local environmental authorities, it was pointed out that the mileage ratings needed to be lowered. This is the first time in 24 years that vehicle fuel economy ratings have been changed due […]
Poland Unveils Upgraded Version of K2 Tank with Advanced FeaturesThe evolved performance of the K2PL (K2 Poland), the Polish export model of Hyundai Rotem’s K2 tank, has been unveiled. Unlike the existing K2 tanks, the K2PL is equipped with a Remote Control Weapon System (RCWS) similar to the ZSSW-30 turret system, an Active Protection System (APS) that can protect the tank from enemies, and […]
Next-Gen Golf Experience: LG Electronics Partners with Atomic Golf in Las VegasLG Electronics has partnered with Atomic Golf, a major golf entertainment company in the United States. They pioneer the next generation of landmark golf destinations in the United States and offer users a unique digital experience. According to the North American subsidiary of LG Electronics, on the 13th, they signed a partnership with Atomic Golf, […]
Hyundai's Solaris Reimagined: A New Chapter in Russian Automotive HistoryHyundai’s compact sedan model, Solaris, has been reborn as a Russian car brand. Four models are produced locally under the Solaris brand, simply rebranded versions of existing Hyundai and Kia models. According to the industry, on the 14th, AGR Automotive Group started producing four types of Solaris brand vehicles, HS, HCR, KRS, and KRX, at […]
China and North Korea Deepen Exchange in Information Sector: Ambassador's VisitNorth Korean Minister of Information Industry Ju Yong Il (right) and Chinese Ambassador to North Korea Wang Yajun (Photo=Chinese Embassy in North Korea) North Korean Minister of Information Industry Ju Yong Il and Chinese Ambassador to North Korea Wang Yajun agreed to strengthen cooperation and exchange in various fields, including the information industry, during a […]
Kia's EV9 Features V2L Technology to Create Artificial Sun in NorwayKia’s flagship large electric sports utility vehicle (SUV) model, the “EV9,” has lit up the Nordic sky in place of the sun. Using the EV9’s representative V2L (Vehicle to Load) feature, Kia has showcased its brand’s electric vehicle technology while demonstrating its commitment to carbon neutrality. According to industry sources, on the 12th, Kia recently […]
Crypto Fever: Bitcoin Hits New Highs, Ethereum Tops $4,000, Altcoins RallyBitcoin has ushered in the era of $72,000. As of the 12th, Bitcoin is trading at about $77,321 on UPbit. According to the cryptocurrency statistics site CoinGecko, at 9:40 a.m. on the 12th, Bitcoin traded at $72,251.69 (the average of the main exchanges), up 4.5% from the previous day. Ethereum was up 6.0% to $4,076.58, […]
China's Waste Battery Recovery Tops $5.3 Billion, Sparks Recycling BoomThe recovery of waste batteries in China exceeded $5.3 billion last year. The recycling market is expected to surge due to the overlapping demand for securing major minerals. According to KOTRA Shanghai and Zhongshan Industrial Research Institute, on the 9th, waste battery recovery in China increased from 236,000 tons in 2021 to 415,000 tons the […]
GM Named Most Repurchased Car Brand in U.S. for 9th Consecutive YearGeneral Motors (GM) has been selected as the car manufacturer with the highest repurchase rate in the U.S. market for nine consecutive years. This achievement is due to continuously enhancing product development and marketing initiatives. It is expected to lead to an increase in global brand image and awareness. According to global research agency S&P […]
U.S. Government Approves $350 Million Weapon Sale to South Korea, MH-60R Engines IncludedSouth Korea has received approval from the U.S. government for the sale of weapons worth $350 million, including the engine of the maritime operations helicopter “MH-60R (Seahawk).” The path has been opened to introduce six U.S. General Electric (GE) engines. According to the U.S. Defense Security Cooperation Agency (DSCA), on the 11th, this department approved […]
India Deploys K9 Vajra Howitzers in Disputed Border Area with ChinaIndia is deploying the K9 Vajra (meaning thunder in Hindi) self-propelled howitzer, locally produced via the technology transfer from Hanwha Aerospace, into actual combat. According to industry sources, on the 8th, Larsen & Toubro (L&T) delivered 100 K9 self-propelled howitzers manufactured with the technology transferred from Hanwha Aerospace to the Indian Army. The Indian Army, […]
Limited Edition Thrill: Audi Reveals The New RS 6 Avant GTRe Audi AG unveiled The New Audi RS 6 Avant GT, a limited special edition of the top model in the RS 6 Avant lineup, on the 7th. ‘The New Audi RS6 Avant GT is the top model of the RS6 Avant lineup and was launched as a limited special edition of 660 units worldwide. […]
How Apple's M3 Chip Redefines MacBook AI FunctionalityThe new Apple MacBook Air is equipped with an M3 chip./Photo provided by Apple Apple recently unveiled a new MacBook Air with its self-developed SoC (System-on-Chip), the “M3.” The MacBook Air is one of Apple’s most popular PC products, but this new product was quietly launched without a separate introduction event. Despite the quiet launch, […]
Indiana Secretary of Commerce To Meet With Samsung SDI to Discuss Battery CooperationDavid Rosenberg, Secretary of Commerce for the State of Indiana, USA, is visiting South Korea. He will meet with Samsung SDI, the largest Korean investor in the state, to discuss potential collaborations in the battery business and review major issues. He is also expected to meet with SoulBrain and Jaewon Industries, both battery material companies, […]
BLACKPINK's Impact: YG Entertainment's Earnings Forecast Dips, Target Price LoweredThe fourth quarter performance of YG Entertainment (122870) has fallen short of market expectations, and future performance is expected to fluctuate depending on the activities of BLACKPINK. Hana Securities revised its operating profit outlook for YG Entertainment, assuming changes in BLACKPINK’s activities, on the 4th to about $37 million in 2024 and about $67 million […]
LG Electronics Faces Class-Action Lawsuit in U.S. Over Refrigerator DefectsLG Electronics has been engulfed in a class-action lawsuit in the US over performance defects in its refrigerator products. This lawsuit was filed by some consumers in the US, claiming that LG Electronics’ refrigerators do not meet their expected lifespan. These consumers are pursuing a lawsuit against Kenmore refrigerators equipped with LG Electronics’ compressors produced […]
Kia EV9 Wins the World Car of the Year 2024, Making It a Two-time Winner Kia’s flagship electric sports utility vehicle (SUV), model EV9, has won the World Car of the Year, the highest honor at the World Cars Awards 2024. It also clinched the title of World Electric Vehicle, making it a two-time winner. Hyundai’s Ioniq 5 N also won in the performance car category. According to the WCA, […]
China's Electric Vehicle Boom Fuels Investment Interest in Battery Sector Despite global economic uncertainties, the rapid expansion of the electric vehicle market, government incentives, environmental regulations, and increased consumer preference for clean transportation continue to make the Chinese battery sector attractive to investors, argued Shijia Yan, an energy storage analyst at BloombergNEF. He emphasized that China’s battery industry, powered by the country’s robust demand for […]
Singapore Embraces Nuclear Energy for Sustainability Singapore is planning to construct a nuclear power plant. According to the Korea Institute for International Economic Policy on the 24th, Singapore is considering introducing nuclear energy to reduce carbon emissions in the power sector and secure energy security. Singapore’s Energy Market Authority (EMA) is visiting countries such as the United States, United Kingdom, and […]
Nvidia CEO Jensen Huang Gives Handwritten Approval to Samsung's HBM3E at GTC 2024 Jensen Huang, CEO of Nvidia, visited Samsung Electronics’ booth at ‘GTC 2024’ and left a handwritten approval for their 5th generation high-bandwidth memory ‘HBM3E’ 12-layer product. Previously, Huang had announced through a global media briefing that he had tested Samsung’s HBM and had high expectations. This handwritten approval from CEO Huang is interpreted as an […]
Hyundai, Kia's Record Sales Streak Overshadowed by EPA's Fuel Economy Blow Hyundai Motor and Kia are readjusting the fuel economy ratings for some models sold in the United States. Following fuel economy tests by local environmental authorities, it was pointed out that the mileage ratings needed to be lowered. This is the first time in 24 years that vehicle fuel economy ratings have been changed due […]
Poland Unveils Upgraded Version of K2 Tank with Advanced Features The evolved performance of the K2PL (K2 Poland), the Polish export model of Hyundai Rotem’s K2 tank, has been unveiled. Unlike the existing K2 tanks, the K2PL is equipped with a Remote Control Weapon System (RCWS) similar to the ZSSW-30 turret system, an Active Protection System (APS) that can protect the tank from enemies, and […]
Next-Gen Golf Experience: LG Electronics Partners with Atomic Golf in Las Vegas LG Electronics has partnered with Atomic Golf, a major golf entertainment company in the United States. They pioneer the next generation of landmark golf destinations in the United States and offer users a unique digital experience. According to the North American subsidiary of LG Electronics, on the 13th, they signed a partnership with Atomic Golf, […]
Hyundai's Solaris Reimagined: A New Chapter in Russian Automotive History Hyundai’s compact sedan model, Solaris, has been reborn as a Russian car brand. Four models are produced locally under the Solaris brand, simply rebranded versions of existing Hyundai and Kia models. According to the industry, on the 14th, AGR Automotive Group started producing four types of Solaris brand vehicles, HS, HCR, KRS, and KRX, at […]
China and North Korea Deepen Exchange in Information Sector: Ambassador's Visit North Korean Minister of Information Industry Ju Yong Il (right) and Chinese Ambassador to North Korea Wang Yajun (Photo=Chinese Embassy in North Korea) North Korean Minister of Information Industry Ju Yong Il and Chinese Ambassador to North Korea Wang Yajun agreed to strengthen cooperation and exchange in various fields, including the information industry, during a […]
Kia's EV9 Features V2L Technology to Create Artificial Sun in Norway Kia’s flagship large electric sports utility vehicle (SUV) model, the “EV9,” has lit up the Nordic sky in place of the sun. Using the EV9’s representative V2L (Vehicle to Load) feature, Kia has showcased its brand’s electric vehicle technology while demonstrating its commitment to carbon neutrality. According to industry sources, on the 12th, Kia recently […]
Crypto Fever: Bitcoin Hits New Highs, Ethereum Tops $4,000, Altcoins Rally Bitcoin has ushered in the era of $72,000. As of the 12th, Bitcoin is trading at about $77,321 on UPbit. According to the cryptocurrency statistics site CoinGecko, at 9:40 a.m. on the 12th, Bitcoin traded at $72,251.69 (the average of the main exchanges), up 4.5% from the previous day. Ethereum was up 6.0% to $4,076.58, […]
China's Waste Battery Recovery Tops $5.3 Billion, Sparks Recycling Boom The recovery of waste batteries in China exceeded $5.3 billion last year. The recycling market is expected to surge due to the overlapping demand for securing major minerals. According to KOTRA Shanghai and Zhongshan Industrial Research Institute, on the 9th, waste battery recovery in China increased from 236,000 tons in 2021 to 415,000 tons the […]
GM Named Most Repurchased Car Brand in U.S. for 9th Consecutive Year General Motors (GM) has been selected as the car manufacturer with the highest repurchase rate in the U.S. market for nine consecutive years. This achievement is due to continuously enhancing product development and marketing initiatives. It is expected to lead to an increase in global brand image and awareness. According to global research agency S&P […]
U.S. Government Approves $350 Million Weapon Sale to South Korea, MH-60R Engines Included South Korea has received approval from the U.S. government for the sale of weapons worth $350 million, including the engine of the maritime operations helicopter “MH-60R (Seahawk).” The path has been opened to introduce six U.S. General Electric (GE) engines. According to the U.S. Defense Security Cooperation Agency (DSCA), on the 11th, this department approved […]
India Deploys K9 Vajra Howitzers in Disputed Border Area with China India is deploying the K9 Vajra (meaning thunder in Hindi) self-propelled howitzer, locally produced via the technology transfer from Hanwha Aerospace, into actual combat. According to industry sources, on the 8th, Larsen & Toubro (L&T) delivered 100 K9 self-propelled howitzers manufactured with the technology transferred from Hanwha Aerospace to the Indian Army. The Indian Army, […]
Limited Edition Thrill: Audi Reveals The New RS 6 Avant GT Re Audi AG unveiled The New Audi RS 6 Avant GT, a limited special edition of the top model in the RS 6 Avant lineup, on the 7th. ‘The New Audi RS6 Avant GT is the top model of the RS6 Avant lineup and was launched as a limited special edition of 660 units worldwide. […]
How Apple's M3 Chip Redefines MacBook AI Functionality The new Apple MacBook Air is equipped with an M3 chip./Photo provided by Apple Apple recently unveiled a new MacBook Air with its self-developed SoC (System-on-Chip), the “M3.” The MacBook Air is one of Apple’s most popular PC products, but this new product was quietly launched without a separate introduction event. Despite the quiet launch, […]
Indiana Secretary of Commerce To Meet With Samsung SDI to Discuss Battery Cooperation David Rosenberg, Secretary of Commerce for the State of Indiana, USA, is visiting South Korea. He will meet with Samsung SDI, the largest Korean investor in the state, to discuss potential collaborations in the battery business and review major issues. He is also expected to meet with SoulBrain and Jaewon Industries, both battery material companies, […]
BLACKPINK's Impact: YG Entertainment's Earnings Forecast Dips, Target Price Lowered The fourth quarter performance of YG Entertainment (122870) has fallen short of market expectations, and future performance is expected to fluctuate depending on the activities of BLACKPINK. Hana Securities revised its operating profit outlook for YG Entertainment, assuming changes in BLACKPINK’s activities, on the 4th to about $37 million in 2024 and about $67 million […]
LG Electronics Faces Class-Action Lawsuit in U.S. Over Refrigerator Defects LG Electronics has been engulfed in a class-action lawsuit in the US over performance defects in its refrigerator products. This lawsuit was filed by some consumers in the US, claiming that LG Electronics’ refrigerators do not meet their expected lifespan. These consumers are pursuing a lawsuit against Kenmore refrigerators equipped with LG Electronics’ compressors produced […]
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