Saturday, May 2, 2026

Unlocking Opportunities: iMarket Korea Partners for 60 Million USD Texas Tech Park Development

iMarketKorea partners with Korea Trade Insurance and Citibank to develop a high-tech industrial complex in Texas, enhancing U.S. presence.

Boston Dynamics Joins U.S. Robotics Strategy: What This Means for the Future of EVs and Automation

Boston Dynamics is set to influence U.S. robotics strategy through a new commission aimed at enhancing competitiveness and innovation.

A New Era in Precision Oncology—Lunit Unveils 7 AI-Driven Cancer Studies at AACR 2025

Lunit will present AI biomarker studies at AACR 2025, focusing on rare cancers and improving treatment strategies using AI analysis.

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From Underdog to Power Player: GM Dethrones Tesla in China

GM overtakes Tesla in China's EV market, securing third place as Tesla's share declines, signaling a shift in the global EV landscape.

From Hype to Halt: Xiaomi’s EV on Hold After Deadly SU7 Crash and Fire

Xiaomi delays the YU7 electric SUV launch after a fatal fire incident involving the SU7 sedan raised safety concerns.

Hyundai and Kia Hit 30K EV Sales in U.S.—IONIQ 5 Leads the Charge

Hyundai Motor Group sold over 30,000 electric vehicles in the U.S. in Q1 2025, ranking third in the market with the IONIQ 5 leading sales.

FDA Ruling Paves Way for Pharmacy Substitution of Yuflyma for Humira

Celltrion's Yuflyma receives FDA approval for interchangeability with Humira, boosting market confidence and distribution in the U.S.

Nvidia Soars 19% as Market Rallies on Tariff Reprieve

U.S. stock markets surged after Trump's tariff suspension announcement, with Nvidia's shares climbing nearly 19% despite year-to-date losses.

Nexen Tire to Launch Dedicated Winter Testing at UTAC Site

Nexen Tire will establish a winter tire testing facility in Ivalo, Finland, enhancing testing capabilities and competitiveness in Europe.

Hyundai, Ingalls Join Forces to Drive Innovation in Shipbuilding

HD Hyundai partners with Huntington Ingalls to boost shipbuilding efficiency and technology, aiming for U.S. market entry.

New Grand Koleos Drives Renault Korea to Its Best March in Years

Renault Korea's Grand Koleos SUV debuted at the Busan Mobility Show, boosting March sales by 15.7% driven by domestic demand.

Trump’s New Tariffs Could Jack Up Car Prices—Hyundai Says Get Ready

Hyundai may raise U.S. vehicle prices due to new tariffs, with potential increases of $3,000 for U.S. cars and $6,000 for imports.

ChatGPT Changed the Game—Now China’s AI Sector is Cooling Fast

Alibaba's Daniel Zhang warns of an AI infrastructure bubble as demand lags behind supply, impacting China's tech landscape.

Trump’s 25% Tariff Could Wipe Out Affordable Imports Like the Chevy Trax

A potential 25% tariff on imported vehicles could severely impact affordable compact models, particularly those from Korean automakers.

Hyundai-Kia See February Sales Slide 7.4% in Europe Amid Market Slowdown

Hyundai Motor Group's February car sales in Europe fell 7.4% year-over-year, maintaining fourth place in market share at 7.6%.

Europe Wants Cheaper EV Batteries, and China’s Got Them

The European EV market is recovering, but South Korean battery shipments decline, raising concerns over Chinese battery dominance.

Volkswagen’s Comeback Plan: Four Key Models to Drive Sales Growth

Volkswagen Korea aims for a sales rebound with four new models, including the ID.5 SUV and the Atlas, to boost their market position.

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