Monday, June 15, 2026

Samsung Electronics Wins U.S. DOE Backing for Next-Generation Dryer Aimed at Cutting Energy Use

Samsung Electronics' new dryer technology aims to enhance energy efficiency, reducing power use by 65% while maintaining performance.

South Korea Inc. Defies Tariffs in North America: Sales Jump 14% to $257B, Now 31% of Revenue

South Korean firms saw a 14% rise in North American sales, driven by IT and pharmaceuticals, while construction and batteries declined.

Tesla Stock Dips 6% as BYD Races Ahead with $7,000 Robotaxis

Tesla's stock fell 6% after BYD's announcement of affordable autonomous vehicles, intensifying competition in the EV market.

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