SM Entertainment Founder Lee Soo Man Invest in Drone Company to Start Anew in China
Jul 13, 2023 07:09 am UTC| Business Economy Technology
Lee Soo Man, the founder of SM Entertainment Co. Ltd., is reportedly starting fresh in China after investing in a drone manufacturing company in China. He is leading a group of investors that collectively invested $23...
GM's Cruise Unit Awaits US Regulator's Decision on Autonomous Vehicles Deployment
Jul 13, 2023 04:06 am UTC| Technology Economy Business
The decision on General Motors Cruise self-driving technology units petition to deploy up to 2,500 self-driving vehicles annually without human controls will soon be made by U.S. regulators. Ann Carlson, the acting...
Jul 12, 2023 09:34 am UTC| Technology Business Economy
Samsung Electronics Co. is exploring robotics as a potential growth driver, filing various patents in the U.S. The patents range from robots that monitor pet behavior and detect emotions to a walking assist robot for the...
Foxconn to Pursue Indian Chipmaking Incentives Despite Vedanta Partnership Dissolution
Jul 12, 2023 09:22 am UTC| Technology Economy Business
After exiting a $19.5 billion joint venture with Vedanta, Foxconn revealed intentions to utilize Indias $10 billion Modified Programme for Semiconductors and Display Fab Ecosystem, aiming to establish a thriving...
Hanwha Systems Leverages Government License to Launch Satellite Internet for Military, B2B Sectors
Jul 12, 2023 08:05 am UTC| Technology Economy Business
South Korea-based Hanwha Systems has secured registration as a facility-based communications operator from the Ministry of Science and ICT, following a rigorous screening process. This milestone positions the company to...
Samsung Entangled in Patent Infringement Lawsuit Over Galaxy, Family Hub Appliances
Jul 12, 2023 07:42 am UTC| Law Economy Business Technology
Samsung Electronics Co. is embroiled in a U.S. patent infringement lawsuit initiated by Staton Techiya LLC, targeting the tech giants Galaxy and Family Hub series. This case amplifies an ongoing flurry of legal conflicts...
South Korea Fosters IoT-Based Smart Home Industry with Samsung, LG, Hyundai E&C
Jul 12, 2023 07:35 am UTC| Life Technology Economy Business
In partnership with tech giants Samsung, LG, and Hyundai EC, the South Korean government announces its initiative to bolster the smart home industry, domestically and globally. This venture, organized by the Ministry of...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects