Hyundai's Quality Check Miss: Santa Fe's Safety Concerns New Car Purchase Comes With a Loose SeatUpon Closer Inspection, Mounting Bolts Were MissingWhat Was Hyundai’s Response? A typical internal combustion engine car contains between 25,000 and 30,000 parts. Although robots perform the basic assembly, humans assemble smaller parts that are difficult for robots to handle. Human beings also conduct the final inspection before the […]
South Korea Considers Legalizing Tattoo Artists Amid Healthcare Protests Government Orders Research Related to Tattoo ArtistsNon-Medical Professionals’ Procedures are Illegal under Current LawInterpreted as a Reduction in Medical Professionals’ Authority Tattoo artists, also known as tattooists, who ink tattoos on bodies are considered “illegal” under current law. However, signs of this changing to legal have emerged recently amidst doctors’ strikes against the increase in […]
Samsung Electronics Employees' Average Salary Decreases by 11% Compared to Last Year An average of $90,000Union members surpass 20,000 It has been reported that the average annual salary of Samsung Electronics employees has decreased by about 11% compared to the previous year. According to Samsung Electronics’ annual business report released on the 12th, the average salary of Samsung Electronics employees in 2023 was $90,000, down about 11% […]
El Salvador's Bitcoin Boom: $84 Million Profit Sparks Global Attention El Salvador’s BitcoinSales Profit, $84 millionBoasts Bitcoin Investment Performance The era of the 100 million won ($75,210) cryptocurrency Bitcoin continues. As of the 14th, Bitcoin surged to 140 million won, drawing attention to Central American El Salvador. El Salvador is known as the first country in the world to adopt Bitcoin as legal tender and buy […]
South Korea Plans to Establish Educational Development Special Zones, Foreigners Allowed to Apply Plans to Establish Busan International K-pop High School The Ministry of Education announced 31 areas as the first pilot regions for the “Educational Development Special Zone,” a project supporting the cultivation of local talent through collaboration between local governments, education offices, universities, and corporations. Six metropolitan and 43 basic local governments have been selected as […]
US Sends More Arms to Ukraine at a Whopping Cost The United States to provide additional weapons to Ukraine, including 155mm shells and HIMARS ammunition.Saves Costs and Secures $300 Million The Biden administration in the United States announced on the 12th that it would provide weapons worth $300 million to Ukraine. Jake Sullivan, the National Security Advisor, announced this during a White House briefing, stating, […]
South Korean Man Accused of Espionage Faces at Least 10 Years in Russian Prison Russia arrests Missionary Baek, a South Korean man who helped North Korean workers and is accused of being a spy. A South Korean citizen has been arrested in Russia on suspicion of espionage. It is the first time that a South Korean national has been arrested in Russia on such charges, and the fact that […]
Hyundai's Ioniq 5 N Hits U.S. with Cutting-Edge Features A Showcase of Hyundai’s TechnologyThe Ioniq 5 N Launches in the U.S.What are its Features? Meet Hyundai’s most powerful electric vehicle currently available, the Ioniq 5 N. News of this vehicle’s recent entry into the U.S. market has been announced. It is expected to be the most expensive Hyundai model sold in the U.S. Local […]
Consumers Slam Audi's A3 for In-Car Subscription Charges Audi Unveils New A3 ModelDesign Changes Not SignificantService Subscriptions Expanded Audi, one of the three major German automakers in South Korea, unveiled a partially modified A3 model on November 11. The fourth-generation A3 was launched in the second half of 2022 in South Korea, and this partially modified model is expected to be launched first […]
Apple Hit with $2 Billion Fine by EU Over Antitrust Concerns Raised Issue by SpotifyEU Alleges Apple of Antitrust ViolationApple Expected to Appeal Once the world’s leading company for monopolizing the smart electronic product market, Apple faced a storm of controversy as it was pushed from its top spot in market value. On the 4th, the European Union reportedly imposed a fine of 1.84 billion euros […]
Porsche Designer's BMW 03 Coupe Concept Sets Internet Abuzz Porsche Designer’s Vision ofBMW’s Electric Car FutureImpresses Netizens If one were to pick just one standout from the numerous models BMW, a German automaker, has unveiled, many would probably choose the M3 model. The M3 best represents the BMW brand identity and can be considered a symbol of the high-performance M series. In particular, the […]
A Massive Complex Worth $4.56 Billion to be Built at LEGOLAND in Chuncheon Chuncheon “Bio·IT” Corporate Innovation ParkGenerating over $4.56 billion in economic effectsInvestment of about $683 million in project costs A corporate innovation park, valued at $4.56 billion and combining bio and IT, is set to be established in Chuncheon, Gangwon Province, known for attractions such as Soyang River, Nami Island, and Legoland. On the 11th, the […]
Scarlett Johansson Hilariously Parodies Republican Senator Katie Britt on 'SNL' Scarlett Johansson appears on “Saturday Night Live”Parodies Republican Senator Katie BrittIn Response to Biden’s State of the Union Scarlett Johansson made a cameo appearance on “Saturday Night Live” as Senator Katie Britt representing the Republican Party in a skit rebutting President Joe Biden’s State of the Union on March 7. Dressed as Britt, Johansson firmly […]
Bitcoin Hits $76,000; Cryptocurrency Thefts Due to Issuance Authority Bitcoin Surpasses $76,000PlayDapp delisted Virtual asset issuance authority stolen Bitcoin has been rallying daily, trading at $76,000 on Upbit, South Korea’s largest asset exchange. The rise of Bitcoin has influenced other leading coins like Ethereum and even “meme coins” to achieve their all-time highs. Yet, there were also coins that, regrettably, were delisted. The Digital […]
How Many Grams of Gold Should You Buy as an Investment? Gold prices reach an all-time highA safe assetMethods of investing in gold Gold prices hit an all-time high on the 5th. On the 4th (local time in the US), the international gold price broke through $2,100, and as a result, the price per gram of a 1kg gold bullion in the KRX gold market was […]
Inside LIG Nex1's Success: Chairman Koo's Strategy and Employee Engagement Chairman Koo Bon Sang, Interaction Time with EmployeesApril 5th, Lotte World Full RentalLast Year’s Sales $1.7 Billion LIG Nex1 is garnering attention for renting out Lotte World entirely for its employees. LIG Nex1 has rented out Lotte World, a theme park based in Seoul, to provide a time for interaction among its employees across the […]
Bitcoin's Soaring Price Is a Warning Sign For Investors Bitcoin Soars to $68,000Warning from the U.S. Securities and Exchange CommissionWhat to Be Aware of Before Investing? The price of Bitcoin, the leading cryptocurrency, hit a record high of $68,000 at 4:51 PM on the 4th. It was $65,000 last week, but it has jumped significantly. Analysis has poured in that it has broken through […]
Electric Vehicle Price Wars: How Low Can They Go? The era of affordable, entry-level electric vehicles is comingSignificantly lower price for cost-effectivenessHow far will the electric vehicle competition go? The price war for electric vehicles is intensifying. Tesla is steadily lowering the price of Model Y, increasing its competitiveness through an aggressive pricing policy. In South Korea, the cost of Model Y, which was […]
Chinese Electric Car Invasion: Is BYD the New Tesla Threat? Rapidly Growing Chinese Electric Vehicle BrandsWhich Will Dominate in 10 Years? In the global electric vehicle market, another brand is gaining a significant presence along with Tesla: China’s BYD. This brand is penetrating the market with its affordable prices. Of course, other Chinese automakers also show a rapid growth rate each year. In 2023, while […]
Hyundai and Kia Address Car Theft Crisis with New Solutions Theft crimes targeting Hyundai and Kia have become a trend two years agoIt hasn’t still stopped “Kia Boys” became a trend in the United States two years ago. This new term refers to teenagers’ criminal activities targeting Hyundai and Kia’s weak security level. While the theft victims filed a class action lawsuit, Hyundai and Kia […]
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