AI-Powered Manufacturing: LG CNS and Honeywell's Game-Changing PartnershipLG CNS partners with Honeywell to expand into the North American manufacturing market, enhancing automation solutions.
Electric Vehicle Costs on the Rise: How US Tariffs Could Hit Your WalletKorea's battery industry faces rising US manufacturing costs due to a 93.5% anti-dumping tariff on Chinese graphite, impacting global supply chains.
XCMG Machinery Scores Big with Dual Compliance Certifications!XCMG Machinery and its subsidiary have received ISO 37301:2021 Compliance Management System Certification, enhancing their global standing.
Heavy Machinery Giant XCMG Earns Prestigious ISO and National Certifications!XCMG Machinery has received ISO 37301:2021 certification for its compliance management system, enhancing its global leadership in heavy machinery.
Revolutionizing Construction: ARKANCE Unveils GoCanvas for Smarter Project ManagementARKANCE strengthens its partnership with Nemetschek Group to enhance digital transformation in construction and manufacturing sectors.
Kumho Tire Faces Labor Showdown Amid Post-Fire Recovery UncertaintyKumho Tire faces a labor dispute over its recovery plan after a major fire, raising concerns about restoring full production capacity.
Taihan Cable Aims for Global Dominance with New $358 Million Facility!Taihan Cable & Solution will invest $358.1 million to build a high-voltage submarine cable plant in South Korea.
South Korea's Job Market Booms with 180,000 New Positions in June!South Korea saw job growth for the sixth month, adding 180,000 jobs, though manufacturing and construction sectors declined.
Why Egypt Wants South Korea to Invest: A Look at the OpportunitiesEgypt's former governor urges South Korea to enhance industrial cooperation in chemicals and manufacturing sectors.
Kia Issues Major Recall: Over 76,000 Cars Affected by Safety FlawSouth Korea recalls 76,382 vehicles, including Kia Niro, due to a design flaw affecting airbag deployment and passenger safety.
Copper Prices Hit Nine-Month Low as China's Economic Struggle ContinuesCopper prices hit a nine-month low amid weak Chinese stocks and economic concerns, prompting speculation about stimulus measures from Beijing.
China’s Steel Industry Faces Tough Times: Demand Expected to Drop 1.5% in 2025China's steel demand is set to decline by 1.5% in 2024 due to a sluggish real estate market and slowing manufacturing growth.
iPhone 16 Ban in Indonesia Could Be Lifted Soon After Apple’s Massive InvestmentApple plans a $1 billion investment in Indonesia to lift the iPhone 16 sales ban, boosting local production and education initiatives.
Apple's AirPods Now Made in India, Phasing Out ChinaApple begins pilot production of AirPods in India, marking a shift in manufacturing strategy amid rising costs in China.
Citigroup Warns: Trump’s Tariff Threat Could Send Copper Prices CrashingCitigroup predicts a bearish copper market, lowering projections due to trade policy concerns and economic risks, projecting $8,750 per ton by 2025.
New Trump Era: South Korea’s Tech Industry Faces Risks and RewardsTrump's reelection is expected to significantly impact South Korea's science and technology innovation environment.
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 […]
Saudi Arabia's Ambitious Shift Towards Automated ManufacturingSaudi Arabia is aiming to reduce its dependence on the oil industry and leap towards becoming a powerhouse in automated manufacturing. According to industry sources on the 24th, Saudi Arabia is striving to restructure its industries around future advanced technologies, reducing its reliance on oil, which accounts for 40% of its Gross Domestic Product (GDP) […]
Hyundai, BMW, Kia, and Stellantis Recall 6.9 Million Vehicles: What You Need to KnowDue to manufacturing defects, Hyundai, BMW, Kia, and Stellantis Korea are voluntarily recalling over 60,000 vehicles. The Ministry of Land, Infrastructure, and Transport announced on the 7th that 43 models of 69,044 vehicles manufactured, imported, or sold by these companies have been found to have manufacturing defects and will be recalled. Firstly, 22,803 units of […]
AI-Powered Manufacturing: LG CNS and Honeywell's Game-Changing Partnership LG CNS partners with Honeywell to expand into the North American manufacturing market, enhancing automation solutions.
Electric Vehicle Costs on the Rise: How US Tariffs Could Hit Your Wallet Korea's battery industry faces rising US manufacturing costs due to a 93.5% anti-dumping tariff on Chinese graphite, impacting global supply chains.
XCMG Machinery Scores Big with Dual Compliance Certifications! XCMG Machinery and its subsidiary have received ISO 37301:2021 Compliance Management System Certification, enhancing their global standing.
Heavy Machinery Giant XCMG Earns Prestigious ISO and National Certifications! XCMG Machinery has received ISO 37301:2021 certification for its compliance management system, enhancing its global leadership in heavy machinery.
Revolutionizing Construction: ARKANCE Unveils GoCanvas for Smarter Project Management ARKANCE strengthens its partnership with Nemetschek Group to enhance digital transformation in construction and manufacturing sectors.
Kumho Tire Faces Labor Showdown Amid Post-Fire Recovery Uncertainty Kumho Tire faces a labor dispute over its recovery plan after a major fire, raising concerns about restoring full production capacity.
Taihan Cable Aims for Global Dominance with New $358 Million Facility! Taihan Cable & Solution will invest $358.1 million to build a high-voltage submarine cable plant in South Korea.
South Korea's Job Market Booms with 180,000 New Positions in June! South Korea saw job growth for the sixth month, adding 180,000 jobs, though manufacturing and construction sectors declined.
Why Egypt Wants South Korea to Invest: A Look at the Opportunities Egypt's former governor urges South Korea to enhance industrial cooperation in chemicals and manufacturing sectors.
Kia Issues Major Recall: Over 76,000 Cars Affected by Safety Flaw South Korea recalls 76,382 vehicles, including Kia Niro, due to a design flaw affecting airbag deployment and passenger safety.
Copper Prices Hit Nine-Month Low as China's Economic Struggle Continues Copper prices hit a nine-month low amid weak Chinese stocks and economic concerns, prompting speculation about stimulus measures from Beijing.
China’s Steel Industry Faces Tough Times: Demand Expected to Drop 1.5% in 2025 China's steel demand is set to decline by 1.5% in 2024 due to a sluggish real estate market and slowing manufacturing growth.
iPhone 16 Ban in Indonesia Could Be Lifted Soon After Apple’s Massive Investment Apple plans a $1 billion investment in Indonesia to lift the iPhone 16 sales ban, boosting local production and education initiatives.
Apple's AirPods Now Made in India, Phasing Out China Apple begins pilot production of AirPods in India, marking a shift in manufacturing strategy amid rising costs in China.
Citigroup Warns: Trump’s Tariff Threat Could Send Copper Prices Crashing Citigroup predicts a bearish copper market, lowering projections due to trade policy concerns and economic risks, projecting $8,750 per ton by 2025.
New Trump Era: South Korea’s Tech Industry Faces Risks and Rewards Trump's reelection is expected to significantly impact South Korea's science and technology innovation environment.
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 […]
Saudi Arabia's Ambitious Shift Towards Automated Manufacturing Saudi Arabia is aiming to reduce its dependence on the oil industry and leap towards becoming a powerhouse in automated manufacturing. According to industry sources on the 24th, Saudi Arabia is striving to restructure its industries around future advanced technologies, reducing its reliance on oil, which accounts for 40% of its Gross Domestic Product (GDP) […]
Hyundai, BMW, Kia, and Stellantis Recall 6.9 Million Vehicles: What You Need to Know Due to manufacturing defects, Hyundai, BMW, Kia, and Stellantis Korea are voluntarily recalling over 60,000 vehicles. The Ministry of Land, Infrastructure, and Transport announced on the 7th that 43 models of 69,044 vehicles manufactured, imported, or sold by these companies have been found to have manufacturing defects and will be recalled. Firstly, 22,803 units of […]
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