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LG's US unit to showcase digital health, clean tech at CES 2024

LG Nova, a Silicon Valley-based innovation center of LG Electronics, will join the upcoming Consumer Electronics Show (CES) in January to showcase future technologies that LG has been focusing on, the company said Monday. ....

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Gov't ups 2024 R&D budget for chips, batteries, cars by 5.8% to $1.5 bil.

The government increased the 2024 research and development (R&D) budget for chips, batteries, displays, bio, future cars and robots by 5.8 percent compared to this year to 2 trillion won ($1.5 billion), aiming to bolster competitiveness in the key industries, according to the Ministry of Trade, Industry and Energy, Monday. ....

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Red Sea crisis tests resilience of vehicle supplies

The Red Sea crisis continues to affect world trade, with rising costs as most carriers avoid the region amid mounting risks. The vehicle industry is anticipated to bear the brunt of the disruptions, industry insiders have told the Global Times.

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