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South Korea’s unit price of exported cars falls for 1st time in 8 years

Seoul, Jan 26 (IANS) The unit price of South Korea’s exported vehicles last year fell for the first time in eight years amid a prolonged slowdown in electric vehicle (EV) sales, data showed on Sunday. South Korea exported 2.78 million units of cars worth $64.1 billion last year, according to data by the Korea Automobile […]

SK hynix names Ryu Sung-soo as new CEO of its US unit

Seoul, Jan 26 (IANS) South Korean chip giant SK hynix has appointed Vice President Ryu Sung-soo as the new CEO of its US unit, SK hynix America. Ryu succeeded Kim Ju-seon, who had led SK hynix America for the past four years, according to the company through social media on Sunday (Korean time), reports Yonhap […]

Asia-Pacific consumers to spend $32 billion on programmatic shopping via AI by 2028

New Delhi, Jan 26 (IANS) Consumers in the Asia-Pacific region are expected to spend $32 billion via AI agents that run independently on their smartphones to programmatically shop for goods, services and considered purchases, according to a new report. AI has an integral role to provide highly-personalised experiences for customers to help the region’s businesses […]