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Industry. Archives - Gangnam Times

#industry (60 Posts)

  • Cignature Disbanded: The Sudden End to a Rising K-Pop Star K-pop girl group Cignature has officially disbanded, with all members' contracts terminated after mutual agreement with the agency.
  • Min Hee Jin’s Emotional Support for NewJeans During Tense Contract Battle Min Hee Jin supports NewJeans amid their demands to ADOR, emphasizing trust issues and conflicts with HYBE in a dramatic unfolding situation.
  • Why Toyota’s $10,000 Probox Van Is Trending Among Campers and Off-Roaders Toyota's Probox van has gained unexpected popularity among outdoor enthusiasts due to its affordability, versatility, and tuning options.
  • Tesla's Robo-Taxis Hit the Streets This August: A Game Changer in Mobility? Recently, South Korea, the U.S., and China have rapidly responded to changes in the mobility industry market.
  • Is Your Tesla Watching You? Privacy Laws and Autopilot Concerns in the Spotlight According to industry sources, the Personal Information Protection Commission investigates whether...
  • Toxic Humidifier Disinfectants Products Linked to Over 1,800 Deaths News1Recently, 1,853 deaths were caused by humidifier disinfectants.On April 22, environmental group ...
  • North Korean Workers in Russia: UN Sanctions Dodged via Student Visas? Russia's Far Eastern Federal University (FEFU) Announces CooperationPast Records of North Korean Stu ...
  • Naver's Founding Members: Where Are They Now? The founder of Naver, Korea's No. 1 portal, is Lee Hae-jin, a global bookie investor (GIO). Everyone thinks he founded Naver by himself, but there were seven other founders behind him...
  • Fight for Corporate Integrity: Yuhan Corp.'s Shareholder Meeting Sparks Controversy Yuhan Corp. Shareholders’ MeetingEstablishment of Chairman, Vice Chairman positionsSuspicions of Attempt to Privatize the Foundation Yuhan Corp. Yuhan Corp. sparks controversy due to internal division amid it announced the establishment of Chairman and Vice Chairman positions at the regular shareholders’ meeting on the following 15th. It is because some employees are against the company’s movement […]
  • Space One's Dream Up in Flames: Japanese Rocket Explosion Shocks Nation Japanese Rocket Explodes Mid-Air 5 Seconds After LaunchStock Prices for Canon, the Major Shareholder of Space One, PlummetSouth Korea Also Steps Up to Nurture Private Space Industry On the 13th, local media reported that Cairos, a small solid-fuel rocket made by the Japanese private space company Space One, exploded in mid-air shortly after launch. The […]
  • AI Takeover: Jobs at High Risk of Disappearing in 10 Years Job Positions at High Risk of Being Replaced by AIManufacturing Sector Faces Potential Loss of 930,000 JobsWhich jobs are currently being Filled by AI? As artificial intelligence (AI) technology, such as ChatGPT, continues to make significant advances, the jobs for “real” people are under threat. According to a recent report titled “The Challenges of Industrial […]
  • OMEGA's Moonswatch Collection Sets Record at Sotheby's A suitcase edition from OMEGA, the Swiss luxury watch brand, has garnered significant attention at a Sotheby’s auction. OMEGA held an auction for the suitcase edition, which contained 11 Moonswatch Moonshine Gold models, at Sotheby’s online auction from February 12 to 24. This suitcase edition contained 11 OMEGA X Swatch “Mission to Moonshine Gold” watches. […]
  • Tesla Wins 4 Categories at US Automotive Loyalty Awards Tesla has taken four of the top nine spots in the automotive industry's brand loyalty rankings, according to S&P Global Mobility. The study also found that EV buyers are not returning to gasoline vehicles...
  • Samsung C&T Plans to Build Massive Solar Power Plant in Indiana, USA Samsung C&T Corporation is building a massive solar power plant in Indiana, USA. They are tightening the reins on expanding solar development projects, which they have pinpointed as a future growth engine. They are in full swing to leap forward as a global eco-friendly energy company. According to a report submitted to the Bartholomew County […]
  • Boeing, SAAB, and IAI Compete in Three-Way Race for South Korea's AEW&C Aircraft Project The bidding race for the “Command Center in the Sky” Airborne Early Warning & Control (AEW&C) aircraft, which our military is introducing to monitor and analyze North Korean aerial threats, is warming up. This bidding race is expected to be a three-way race between Boeing, the largest aircraft manufacturer in the United States, SAAB, a […]
  • Bomb Threat Halts BlueOvalSK Factory Construction in Kentucky [TheGuru=Yerin Jung] The construction site of BlueOval SK, an electric vehicle battery joint venture between SK Energy and Ford, has been suspended due to a bomb threat. No one was injured and the company is cooperating with law enforcement authorities to investigate. At 12:30 p.m. (local time) today, BlueOval SK announced that it confirmed a bomb threat at its Glendale, Hardin County factory construction site and evacuated all employees. Police are currently searching the facility with a bomb squad. The threatster left a note on an inspection sheet in a portable restroom at the construction site stating that the "bomb will go off at 1:00 p.m." So far, no explosives have been found other than the note. As the investigation is ongoing, it is unclear when construction will resume at BlueOval SK. The government and police authorities say they will abide by BlueOval SK's decision. "Safety is our top priority at BlueOval SK," said a BlueOval SK spokesperson, "We have evacuated the site to ensure the safety of all workers." BlueOval SK is building two factories in Glendale, Kentucky, each with an annual capacity of 43 GWh. The batteries will power Ford and Lincoln's next-generation electric vehicles. Approximately 5,000 new jobs will be created. Construction was scheduled to begin in the second half of 2022, with Plant 1 coming online in 2025 and Plant 2 in 2026. In October of last year, the company announced it would delay the start of the second plant. The delay comes as joint venture partner Ford is rebalancing its investment plans amid slowing demand for electric vehicles. The company did not disclose when the new production will start...
  • Samsung's $18 Billion Investment Sparks Economic Boom in US Semiconductor Industry Samsung Electronics construction of semiconductor factories in Austin and Taylor, USA, has been worth exceeding $18 billion to the local economy. It has been evaluated that the company has grown into a key company in Texas by creating about 38,000 jobs and significantly contributing to expanding tax revenue. Samsung Austin Semiconductor (SAS), the U.S. subsidiary […]
  • South Korean, German Intelligence Agencies on High Alert for North Korean Attacks South Korean and German intelligence agencies have released a joint cybersecurity advisory to prevent cyberattacks on North Korea's defense sector. According to the National Intelligence Service (NIS) on Tuesday, the joint advisory analyzed the strategies, techniques, and procedures (TTPs) of two representative cases of North Korean defense hacking, introducing the attackers and the actual attack methods. A North Korean hacking organization infiltrated an organization that researches maritime and shipbuilding technology in late 2022...
  • Chilean Navy Deploys South Korean KLTV Vehicles for Night Operations Responding to large-scale fires in 4 regions according to the disaster response manual The Chilean Navy’s Marine Infantry Corps (CIM) deployed the South Korean Light Tactical Vehicle (KLTV), the so-called ‘South Korean Humvee,’ for field operation at night. According to industry sources, on the 20th, the Chilean Navy’s Marine Infantry Corps (CIM) recently deployed extraordinary […]
  • Texas Jury Rules in Favor of Samsung Electronics in $4 Billion Semiconductor Patent Case [TheGuru=SoYoung Oh] Samsung Electronics is expected to win its semiconductor patent infringement battle against a US patent giant. It received a verdict from the jury that it did not infringe the patent. According to industry reports on the 19th, a jury in the U.S. District Court for the Western District of Texas ruled on the 15th (local time) that Samsung Electronics did not infringe on Demaray LLC's semiconductor patents. The verdict did not conclude on the validity of the two patents at issue (patent numbers 7544276 and 7381657). With this verdict, Samsung effectively won the first trial. Samsung was sued by Demaray in July 2020. Samsung Electronics America (SEA), Samsung Semiconductor Inc (SSI), and Samsung Austin Semiconductor LLC (SAS), a U.S. semiconductor fab in Austin, Texas, were also named as defendants. Demaray alleged that Samsung had misappropriated two patents related to an oxidation process that coats wafers with a thin film, and sought more than $4 billion in damages for alleged patent infringement. Demaray called Samsung's semiconductor equipment supplier Applied Materials to testify. This was an unsuccessful attempt to prove Samsung's alleged infringement. Demaray is a patent management company (NPE) that makes money by suing companies over patents without making products. It is headquartered in California, USA, and holds more than 60 patents. It has been involved in lawsuits with Intel and Applied Materials...
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