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Industry
LG Electronics supplies OLED monitors for Hyundai Motor racing simulator
LG Electronics' OLED monitors are being installed in Hyundai Motor's high-performance racing simulator, expanding their application area. LG Electronics said on May 11 it will supply OLED monitors for the 'Hyundai N Racing Simulator' developed for Hyundai's N brand. The simulator will be sold in two versions, Pro and Racer. The Pro model uses a 65-inch LG OLED Pro monitor, while the Racer model uses a 65-inch LG OLED TV.
Finance
Shinhan Bank expands green energy cooperation with Shinhan Asset Management, Hyosung Heavy Industries
Shinhan Bank will expand cooperation with Shinhan Asset Management and Hyosung Heavy Industries on global renewable energy projects. The bank said it signed a business agreement on May 8 at TP Tower in Seoul’s Yeouido district to strengthen competitiveness in global energy infrastructure. The partners plan to broaden collaboration in overseas energy infrastructure based on experience managing the Shinhan-Hyosung Global Greenway Fund. Shinhan Bank plans to provide project finance arranging, foreign-currency payment guarantees and derivatives.
Mobility
Tesla Semi electric truck battery capacity: long range 822 kWh, standard 548 kWh
Tesla’s Semi electric truck battery capacity has been confirmed through official documents, with the long-range version listed at 822 kWh and the standard version at 548 kWh. The long-range model maintains a 500-mile range at an 82,000-pound gross weight, prompting attention to efficiency gains. Tesla’s Megacharger network is expanding across the United States, and production has begun at its Nevada plant, though delivery projections for this year vary widely.
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People
KB Kookmin Bank selects Jang Hang-jun and Kim Eun-hee as new advertising models
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Crypto
Shiba Inu exchange inflows of 67.14 billion SHIB weigh on short-term rebound
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Mobility
China speeds up commercial rollout of Level 4 autonomous logistics for urban delivery and long-haul freight
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Finance
KB Financial launches startup incubation program to strengthen productive finance role
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Crypto
Cardano rebounds above $0.25 support, $0.53 target also seen
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Crypto
U.S. Senate to resume review of CLARITY Act as crypto industry welcomes move
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Crypto
XRP tests $1.80-$2 resistance as trader flags possible new high this year
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Finance
Kbank starts national treasury disbursement service, enabling tax refunds to be paid into accounts
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Games & Commerce
Instagram tightens teen account exposure standards, applies U.S. PG-13 level
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Crypto
Swiss central bank bitcoin reserve push fails after referendum signature drive falls short
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Crypto
Ripple CEO dismisses claims it is moving away from XRP, says expansion part of strategy
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AI & Enterprise
Bespin Global wins AWS partner awards startup category
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AI & Enterprise
Eugene Investment Securities keeps Hecto Innovation target at 28,000 won, sees growth continuing
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AI & Enterprise
MegazoneCloud teams up with EY Hanyoung on finance AI business
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Crypto
Arthur Hayes says 99 percent of altcoins will disappear, a natural process