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Sales of imported light passenger vehicles in South Korea fell by just over 2% to 23,512 units in May 2022 from 24,080 a year earlier, according to registration data released by the Korea Automobile Importers & Distributors Association (KAIDA). This followed much sharper decline in previous months as global manufacturers struggled with shortages of semiconductors, with cumulative five month volume down by almost 11% at…

Solana wants to aid the wounded areas of South Korean crypto investors post-disaster of Terra The global cryptocurrency market received the most disastrous news about the instability of a stablecoin, Terra (LUNA), in May 2022. Crypto investors incurred massive losses in their crypto wallets due to some horrified mistakes of the Terra Founder, Do Kwon, in South Korea. Now, there is a relief coming for Terra crypto investors, especially those who are South Koreans, from another popular cryptocurrency known as…

Key Points: Solana aims to grow its ecosystem faster with the new partnershipsBitgert ecosystem is also growing fasterThe Bitgert massive developments are still a problem for Solana Solana is working on building a powerful ecosystem this year. The recent developments have shown the intention of the Solana team to deliver one of the fastest growing and the largest blockchain ecosystems. Solana has released a $100M fund to the South Korean Web3 developers. The funds will be used to support companies developing…

Our planet's protective shell isn't quite what it used to be. Over the past two centuries its magnetic strength has taken a nosedive, and nobody has the foggiest idea why. At the same time, a concerning soft-spot in the field called the South Atlantic Anomaly has blistered over the Atlantic ocean, and has already proven problematic for delicate circuitry on orbital satellites.  Both of these troubling observations fuel concerns that we might be seeing signs of an imminent reconfiguration that would turn the compass…

Samsung has been collaborating with other brands to launch limited-edition variants of its smartphones, smartwatches, and earbuds. As a part of its new partnership, Samsung will launch the Galaxy S22 Diablo Immortal Edition smartphone to celebrate the launch of the Diablo Immortal game on smartphones. South Korean cellular network carrier LG Uplus will launch the Galaxy S22 Diablo Immortal Edition in the country. It will sell just 100 units of the limited-edition smartphone through a lottery system on its website. The…

Samsung has joined hands with fashion and apparel brand Black Yak to launch a limited edition of the Galaxy Watch 4. The Galaxy Watch 4 Black Yak Edition is made for mountaineers and is part of the South Korean firm’s eco-friendly campaign. This limited-edition smartwatch will be available in South Korea starting June 15, 2022. The Galaxy Watch 4 Black Yak package comes with the Galaxy Watch 4, a Black Yak exclusive strap, a Black Yak watch face, a Black Yak tumbler bag, and a 40% discount coupon on Black Yak products.…

The business landscape is rapidly evolving today with technological advancement. The convergence of technologies like artificial intelligence, automation, robotics, the internet of things (IoT), and big data analytics is enhancing the ability to make real-time decisions, capture streaming data and add value to consumers’ interests. Mastercard is focused on building simple, safe, and smart digital solutions for its consumers keeping safety and security at the core of the business, and delivering better experiences…

Domestic sales by South Korea’s five main automakers combined fell by 3.5% to 119,807 units in May 2022 from 124,145 units a year earlier, according to preliminary wholesale data released individually by the companies. The data did not include sales by South Korea’s low-volume commercial vehicle manufacturers such as Tata-Daewoo and Edison Motors, as well as sales of imported vehicles which will be covered in a separate…

The South African (SA) cricket team is in India to play five-match T20 series against the Men in Blue. Top guns, including Virat Kohli and Rohit Sharma, have been rested for this series. The Indian cricket team will be led by KL Rahul, who was in phenomenal form in the recently concluded TATA IPL season. Temba Bavuma will be captain of the Proteas side. The series will be played in front of the crowd in five different stadiums across the country. The India vs SA T20 series will also be live streamed online and on TV. In…

The United States is perhaps one of the best countries to start an urban air mobility company. You only have to look at how fast well-funded startups like Joby Aviation, Wisk Aero and Lillium are building and testing electric vertical takeoff and landing, or eVTOL, aircraft. However, South Korea, which lacks the venture capital, entrepreneurial ecosystem and aerospace legacy of the U.S., might be the first to lay the groundwork for taking urban air mobility (UAM) from an expensive science project into a viable…