Tesla Locks In $16.5 B Deal with Samsung
AUSTIN/SEOUL – Tesla CEO Elon Musk confirmed today, July 28, that the automaker signed a staggering $16.5 billion chip supply agreement with Samsung Electronics, slated to run through 2033. Under the pact, Samsung’s new fabrication facility in Taylor, Texas, will produce … Continue reading Tesla Locks In $16.5 B Deal with Samsung
Breakthrough in Battery Tech Redefines EV Market
SEOUL/MUNICH — In a significant leap forward for electric vehicle (EV) technology, South Korean researchers have announced the development of a new battery innovation that could extend EV driving ranges to nearly 4,800 kilometers (about 3,000 miles) on a single … Continue reading Breakthrough in Battery Tech Redefines EV Market
EU’s New Smartphone Rules Take Effect
BRUSSELS – As of 20 June , the European Union’s new Ecodesign Regulation requires smartphone and tablet manufacturers to provide a minimum of five years of operating system and security updates from the end of product’s sale period, effectively extending support to six … Continue reading EU’s New Smartphone Rules Take Effect
“Maybe Happy Ending” Sweeps Six Tony Awards
NEW YORK / SEOUL — The Broadway transfer of “Maybe Happy Ending,” a bittersweet love story about two obsolete helper-robots in suburban Seoul, clinched six Tony Awards on Sunday night, including Best Musical, Best Original Score, Best Book, Best Direction … Continue reading “Maybe Happy Ending” Sweeps Six Tony Awards
Lee Jae-myung Sworn In as South Korea’s President
SEOUL— Lee Jae-myung was officially inaugurated as South Korea’s president on Wednesday, following a decisive victory in the June 3 snap election. His ascent to the presidency comes after the impeachment of former President Yoon Suk Yeol, who attempted to … Continue reading Lee Jae-myung Sworn In as South Korea’s President
Lufthansa deploys new A350 long-haul aircraft
FRANKFURT – Lufthansa passengers can now fly from Frankfurt to a number of international destinations with the Airbus A350-900. Four of these state-of-the-art and efficient aircraft have been deployed from Frankfurt since the start of the summer flight schedule. Two … Continue reading Lufthansa deploys new A350 long-haul aircraft
South Korea’s Ex-Defense Minister Arrested
SEOUL – Former South Korean Defense Minister Kim Yong Hyun was formally arrested on Wednesday on charges of rebellion and abuse of power, following his role in imposing martial law last week. The martial law decree, the first in over … Continue reading South Korea’s Ex-Defense Minister Arrested
Court Issues Arrest Warrant for President Yoon
SEOUL – In a historic first, a South Korean court issued an arrest warrant for impeached President Yoon Suk-yeol, marking the first time authorities sought to detain a sitting president. Following a request by the Joint Investigation Headquarters, the Seoul … Continue reading Court Issues Arrest Warrant for President Yoon
South Korean President Yoon Suk Yeol Impeached
SEOUL — The National Assembly has impeached South Korean President Yoon Suk Yeol following a controversial attempt to impose martial law earlier this year, triggering a political crisis in the country. On Saturday, lawmakers voted overwhelmingly, with 204 in favor … Continue reading South Korean President Yoon Suk Yeol Impeached
South Korea: President Yoon Suk Yeol Resists Impeachment
SEOUL – Despite mounting pressure and growing opposition, South Korean President Yoon Suk Yeol appears determined to hold onto power, at least for now, as the nation grapples with the fallout from his disastrous attempt to impose martial law earlier … Continue reading South Korea: President Yoon Suk Yeol Resists Impeachment