Korea’s memory chip exports to Taiwan jump over 225% in first half of the year.
Korea’s memory chip exports to Taiwan jumped over 225 percent in the first half of this year compared to the previous year, driven by strong demand for high-performance High Bandwidth Memory (HBM) products due to the rapid growth of the global AI market, according to data released on Sunday. Exports of memory chips to Taiwan […]
Incheon Airport to Provide Consulting Services for Vietnam’s $13B Long Thanh Project
Incheon International Airport Corporation has been chosen as the preferred bidder to provide management consulting for Vietnam’s Long Thanh International Airport project, valued at 18.3 trillion won ($13 billion). This selection positions Incheon International Airport as the leading contender in the Airports Corporation of Vietnam’s global search for an advisory partner. Competing against France’s Groupe […]
KAI and Korean Air report significant increases in sales of their flagship aircraft parts
Korea Aerospace Industries (KAI) and Korean Air are experiencing a notable surge in sales of their flagship aircraft parts, leveraging the expanding global market for private aircraft, traditionally dominated by European and U.S. companies. Their main products—plane doors, fuselage components, and key wing parts like wing ribs, wing tips, and winglets—are purchased by major manufacturers […]
Korean food exports up by 9.2%, driven by a surge in instant noodles and rice products.
In the first seven months of 2024, Korea’s food exports rose by 9.2% year-on-year, reaching $5.67 billion, according to data released by the Ministry of Agriculture, Food, and Rural Affairs. This increase is largely driven by significant growth in instant noodles and processed rice products. Instant noodle exports surged by 34%, totaling $699 million, while […]
‘Significant number’ of devices fixed – says CrowdStrike
Google Search Central recently updated its documentation to include support for labeling images that have been altered or extended using AI. Additionally, Google has officially moved the “AI generated” label out of Beta status, signaling its full support in search functionality.
US Probe Finds BMW and Jaguar Using Banned Chinese Parts
A recent investigation by the United States has revealed that prominent automakers BMW and Jaguar have been using banned Chinese parts in their vehicles.
The Federal Reserve’s Decision on Interest Rates
The Federal Reserve, often referred to as the Fed, is the central banking system of the United States.
Boeing discloses names of 737 MAX employees after NTSB chair faults cooperation
The 737 MAX crisis, precipitated by two fatal crashes that claimed the lives of hundreds, exposed systematic failures in Boeing’s design, manufacturing, and regulatory oversight process.
Apple unplugs self-driving electric car project
Apple’s decision to unplug its self-driving electric car project marks a significant moment in the intersection of technology and automotive industries. The project, known internally as “Project Titan” was once shrouded in secrecy and speculation, with rumors swirling about Apple’s ambitions to revolutionize transportation with its own electric vehicle (EV). While apple may be stepping […]
The bank’s pre-tax profits soar, fueled by high interest rates.
The surge in a bank’s pre-tax profits, fueled by high-interest rates, marks a pivotal moment in the financial landscape. In the intricate web of economic dynamics, interest rates play a central role in shaping a bank’s profitability. As the cost of borrowing rises and the yield on assets increases, HSBC find themselves at the nexus […]