A major labor dispute at Samsung Electronics has taken a new turn after a district court partially restricted the unions’ planned strike action, reducing pressure on the company as both sides continue negotiations over employee bonuses. The court ruling came ahead of an 18-day strike that unions had planned to begin on Thursday. While the… Continue reading Court Intervention Weakens Samsung Union Strike Plans During Bonus Negotiations
Category: Technology
Honda Reports First Annual Loss in Seven Decades Amid EV Slowdown
Honda has recorded its first annual loss in roughly 70 years, highlighting the growing challenges facing global automakers as demand for electric vehicles fails to meet earlier expectations. For the financial year ending in March 2026, the Japanese company reported an operating loss of approximately ¥423 billion, equivalent to about $2.7 billion. The disappointing results… Continue reading Honda Reports First Annual Loss in Seven Decades Amid EV Slowdown
Nexon Posts Record First-Quarter Results as Global Gaming Strategy Pays Off
Nexon delivered its strongest first-quarter performance on record, fueled by rising international demand for its major gaming franchises and continued expansion beyond its traditional East Asian markets. The gaming company reported quarterly revenue of 152.2 billion yen, while operating profit climbed to 58.2 billion yen. Net profit also surged sharply, reaching 57.2 billion yen. All… Continue reading Nexon Posts Record First-Quarter Results as Global Gaming Strategy Pays Off
SK hynix CEO Expected to Hold Talks With Bill Gates and Microsoft Leadership
Kwak Noh-jung, chief executive officer of SK hynix, is reportedly set to meet senior leaders from Microsoft during a visit to the United States, according to industry sources. The meetings are expected to include discussions with Bill Gates and Microsoft CEO Satya Nadella as part of the Microsoft CEO Summit 2026 taking place at the… Continue reading SK hynix CEO Expected to Hold Talks With Bill Gates and Microsoft Leadership
How California’s Sunlight Helped Inspire a Breakthrough in Energy Storage
When chemistry professor Grace Han first traveled from Boston to Southern California several years ago, one thing immediately stood out to her: the strength of the sunlight. After spending only a few hours outdoors, she noticed the early signs of sun irritation far more quickly than she was used to back home. The experience stayed… Continue reading How California’s Sunlight Helped Inspire a Breakthrough in Energy Storage
Rising Diesel Costs Push China Toward Electric Heavy Trucks
The ongoing conflict involving Iran is reshaping energy dynamics far beyond the region, with ripple effects now influencing transportation trends in China. One notable shift is the accelerating move away from diesel-powered heavy trucks toward electric alternatives. As diesel prices climb sharply, logistics companies and fleet operators are increasingly turning to electric trucks as a… Continue reading Rising Diesel Costs Push China Toward Electric Heavy Trucks
Samsung Electronics board chair warns of economic fallout from planned strike
Samsung Electronics’s board chairman on Tuesday expressed concerns over the potential economic impact of a planned general strike by unionized workers and called for the dispute to be resolved through dialogue, the company said. “As chairman of the board, I feel a deep sense of responsibility for the current situation and apologize for causing concern,”… Continue reading Samsung Electronics board chair warns of economic fallout from planned strike
Renault Korea Faces Sales Slump Amid Weak Demand for Key Models
Renault Korea is experiencing a notable downturn in sales, driven by declining domestic demand and weaker export performance. The slowdown has raised concerns about the momentum of its recently introduced crossover model. In April, the company reported total vehicle sales of just over 6,000 units, representing a significant drop compared to the same period last… Continue reading Renault Korea Faces Sales Slump Amid Weak Demand for Key Models
Divisions Emerge Within Samsung Labor Coalition Over Bonus Dispute
Tensions are rising within the workforce of Samsung Electronics as a key labor group has stepped away from a joint union alliance amid disagreements over performance bonuses and representation. The Samsung Electronics Co. Union (SECU), one of several unions that had been coordinating collective action, has formally withdrawn from the coalition that was negotiating wages… Continue reading Divisions Emerge Within Samsung Labor Coalition Over Bonus Dispute
China and the U.S. Are Winning Different AI Races — For Now
The global competition in artificial intelligence is no longer a simple head-to-head contest. Instead, China and the United States are leading in different areas, creating a dynamic race where either side could ultimately take the lead. Two Different Strengths The United States continues to dominate in cutting-edge AI research and advanced model development. Its ecosystem… Continue reading China and the U.S. Are Winning Different AI Races — For Now