GM's Korean Operations sold 51,388 vehicles in March. Sales were up 26.0% compared to the same month last year. It marked the 21st consecutive month of year-over-year growth.Overseas sales of GM's Korean Operations reached 49,350 units last month, up 26.3% on an annual basis, marking the 24th consec
Samsung Display Executive Director Jung Seok-woo announced plans to expedite the production of RGB-based micro OLEDs at the OLED Korea conference held at the K Hotel in Seoul on March 28.During his presentation on the Development Strategy for AR/VR in Future Displays, Jung emphasized the collaborati
Hanwha Aerospace announced on Feb. 29 that it has submitted a bid proposal on the US Army’s Small Multipurpose Equipment Transport (S–MET) Increment II program.An Anduril-led S-MET Project consortium also includes Hanwha Aerospace and Forterra, an unmanned vehicle developer.Anduril is a defense tech
GM's Korean Operations sold 30,630 vehicles in February. Sales were up 16.9% compared to the same month last year.Overseas sales of GM's Korean Operations reached 28,643 units in February, up 14.2% - the 23rd consecutive month of year-over-year growth. The Chevrolet Trax Crossover (along with its de
Samsung Electronics is expanding its influence in the North American region, including Canada and the United States, by leading with its Open RAN solution. The company plans to strengthen its position in the global telecommunications equipment market, which is currently dominated by Huawei, Ericsson
Samsung Electronics’ 5G communication equipment is being supplied to the telecommunications operator TELUS, which has embarked on strengthening its 5G network by establishing Canada’s first Open Radio Access Network (OpenRAN).TELUS announced on Feb. 17 through its newsroom that it is expanding its c
China Unicom Beijing and Huawei have successfully deployed a pilot large-scale 5.5G network in Beijing to provide continuous coverage in three key areas, including Beijing Financial Street in the city center, the landmark Beijing Long Distance Call Building, and multipurpose Workers' Stadium. This f
Dankook University announced on Jan. 22 that a research team led by Professor Han Kwan-young has developed the world’s first equipment capable of rapidly measuring defects on the surfaces of nano films applied to mobile phones and various display surfaces.According to Dankook University, the researc
On Jan. 22, Hanwha Vision announced the launch of the X-Series network video recorders (NVRs) that satisfies the U.S. National Defense Authorization Act (NDAA) and offers outstanding performance including the highest level of security and safety.The X-Series NVRs are three models: a 64-channel model
As electric vehicles (EVs) loaded with Chinese batteries have finally been scratched off the list of EVs that can receive tax credits in accordance with the U.S. Inflation Reduction Act (IRA), voices are growing that the Korean battery industry may enjoy reflective benefits from it. However, a large
Thirty-one electric vehicle (EV) models, or about 80% of all subsidized EV models in the United States this year, use Korean-made batteries, according to sources in the battery industry. This is an increase of 14 in seven months from 17 in April.The 31 subsidized EV models in the United States as of
SK bioscience, an innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced that the updated COVID-19 vaccine (NVX-CoV2601) developed by Novavax, a global company advancing protein-based vaccines with its Matrix-M adjuvant, has begun to be supplied
GM Korea has reached the milestone of 10 million cars in exports in its 21st year in Korea with vehicles ranging from the Chevrolet Aveo and the Spark to recent models such as the Trailblazer and the Trax Crossover.GM Korea announced on Dec. 7 that it has crossed the 10 million unit mark in cumulati
In November, Lexus sold 1183 units, a 42.4 percent surge from the same month of 2022 in Korea.Mercedes-Benz topped import sales last month. Volvo and Lexus were also strong. By vehicle type, sales of internal combustion engine cars declined, while sales of eco-friendly cars such as hybrids and elect
Hyundai Motor Group came in second after Tesla in the first three quarters of this year as the number of electric vehicle (EV) registrations in the United States surged despite concerns over slowing demand for EVs.According to a report by Automotive News Nov. 12, a U.S. automotive publication, the n
The number of new imported vehicle registrations, mainly new imported electric vehicle (EV) registrations, slid, but only that of new imported hybrid vehicle registrations rose in Korea in October.The Korea Automobile Importers & Distributors Association (KAIDA) said on Nov. 3 that the number of new
The author is an analyst for NH Investment & Securities. He can be reached at kyuha.lee@nhqv.com -- Ed.Meta Platforms has unveiled its new XR product, the Meta Quest 3. Although hardware and software improvements have been made, the device remains reasonably priced. Sales are expected to be strong.M
Samsung Electronics and KDDI today announced the companies have signed a Memorandum of Understanding (MOU) to form a 5G Global Network Slicing Alliance. Through this new alliance, the companies will work together to introduce an array of commercial 5G network slicing services and assess new business
Hyundai Motor India Limited (HMIL), India’s first smart mobility solutions provider and largest exporter since inception, today announced the launch of its motorsport inspired performance-driven premium hatchback, the new Hyundai i20 N Line. The new Hyundai i20 N Line is an exceptional hatchback sta
AiiTONE pushed forward the establishment of the branch in Korea with the UAE Royal Family. It is the first time to build the Royal Family Office in overseas countries.Bruce Jeong, the chairman of Middle Investment said at a press meeting held at Josun Palace Gangnam-gu, Seoul on the afternoon of the