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Friday, November 21, 2025

BUSINESS

Hyundai bets on Nvidia’s Blackwell to go wheel to wheel with Tesla

Hyundai’s partnership with Nvidia around 50,000 Blackwell GPUs and a $3 billion AI data center aims to close the gap with Tesla in autonomous driving and extend the company’s AI ambitions into humanoid robots.

Korea Wins Lone Star Appeal Democrats Tried to Block – Undermining the PM’s Attempt to Claim Credit

Korea secured a rare full annulment of an ICSID damages order, voiding $216.5 million previously awarded to Lone Star Funds in the long-running KEB dispute.

IRS Raises Retirement Contribution Limits for 2026

IRS Raises Retirement Contribution Limits for 2026: 401(k) Cap Increases to $24,500 The Internal Revenue Service (IRS) announced that contribution limits for workplace retirement accounts...

Samsung, Hyundai to invest $400B at home as Korea-U.S. trade deal sparks outflow concerns

Samsung, Hyundai and other major conglomerates pledged massive new domestic investments and hiring after Korea’s latest tariff deal with the United States, even as the agreement ties lower U.S. tariffs to a $350 billion American investment package and strict performance conditions.

CHA Hospital opens ‘Global Infertility Center,’ using AI to address infertility challenges

CHA Hospital has opened a major infertility center in Seoul that combines artificial intelligence with decades of reproductive-medicine expertise, expanding access to precision fertility care with support from leading specialists.

Samsung lags behind TSMC in chips. So why is Musk making a $16.5B bet on it?

Elon Musk split AI5 and AI6 chip orders between Samsung Electronics and TSMC to boost capacity and control costs, while advancing a mega-fab vision. The current Samsung contract totals $16.5 billion, with mass production of AI5 targeted for 2027 and AI6 for 2028.

Toyota, Lexus Recall Over 1 Million Vehicles

  Toyota, Lexus Recall Over 1 Million Vehicles in U.S. for Rear Camera MalfunctionSoftware glitch may cause screen to freeze or go blank, increasing crash...

Over a Dozen Korean American Insurance Agents Lose Licenses in California Crackdown

Criminal convictions, unauthorized enrollments, and illegal sales among violations                            Officials warn of...

Carl’s Jr. Launches $1 Meal Program to Support Families Hit by Federal Shutdown

As the federal government shutdown continues to strain households across Southern California, Carl’s Jr. has launched a special initiative offering $1 meals to help...

Nvidia bets big on Korea’s AI future with 260,000 Blackwell processors

Nvidia will deploy 260,000 Blackwell GPUs across Korean industry and government, advancing AI infrastructure and “physical AI” with Samsung, SK, Hyundai, and Naver Cloud. The plan positions Korea for large-scale AI deployment across factories, vehicles, and research.