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South Korean Tech Workers Score $78,000 Bonuses While Americans See Modest Raises

South Korean Tech Workers Score $78,000 Bonuses While Americans See Modest Raises

(Photo=SKhynix) Employees at SK Hynix, South Korea's major semiconductor manufacturer, are celebrating massive performance bonuses exceeding $71,730 per worker this year, highlighting stark differences in how companies share profits with employees. The memory chip giant plans to distribute approximately $3 trillion won in total bonuses to its 33,625 employees.  Workers earning base salaries of $71,730 could receive individual payouts ranging

Sep 4 2025
10:00 AM PDT
Why Americans Still Have It Cheaper at the Grocery Store Than South Koreans Americans may be grumbling about rising grocery bills, but compared to shoppers in South Korea, they’re still getting a bargain. 

Why Americans Still Have It Cheaper at the Grocery Store Than South Koreans Americans may be grumbling about rising grocery bills, but compared to shoppers in South Korea, they’re still getting a bargain. 

(Photo=Pixabay) New international data shows that U.S. consumers pay far less for food than South Koreans — one of Asia’s richest nations — even as inflation dominates headlines. Take Starbucks, for example. A tall latte costs $3.26 in the U.S., while the same drink sets you back $4.11 in Seoul.  That’s a 26% premium, and it’s not just coffee —

Sep 4 2025
09:00 AM PDT
Doosan Enerbility and Samsung C&T Stand to Benefit as Tennessee Set to Host Up to 80 NewsScale SMRs

Doosan Enerbility and Samsung C&T Stand to Benefit as Tennessee Set to Host Up to 80 NewsScale SMRs

Photo=NuScale Power Up to 80 small modular reactors (SMRs) from U.S.-based NuScale Power are expected to be built in Tennessee, presenting a potential windfall for South Korean companies collaborating with NuScale, including Samsung C&T and Doosan Enerbility. On September 2, the Tennessee Valley Authority (TVA) and ENTRA1 Energy signed an agreement to deploy up to 6 gigawatts (GW) of NuScale

Sep 3 2025
12:00 PM PDT
Korean Air Taps Swissport to Run JFK Cargo Hub, Boosting Annual Capacity to Over 650 Million Pounds

Korean Air Taps Swissport to Run JFK Cargo Hub, Boosting Annual Capacity to Over 650 Million Pounds

Photo=Korean Air Korean Air has handed over the management of its flagship cargo facility at New York’s John F. Kennedy International Airport (JFK) to Swissport, one of the world’s leading ground handling companies. The five-year partnership, which took effect on September 1, is designed to streamline cargo operations while allowing the airline to focus on expanding its freight network and

Sep 3 2025
11:00 AM PDT
Robot Vacuums Become the Latest Front in the Battle Over Smart Home Privacy

Robot Vacuums Become the Latest Front in the Battle Over Smart Home Privacy

(Photo=Pixabay) When robot vacuums first entered homes, they promised to make life easier: automated cleaning, obstacle detection, and even room mapping for efficiency. But a recent report from South Korea’s consumer watchdog suggests that these conveniences may come at a hidden cost—vulnerabilities that could open a digital window into private living spaces. On September 2, the Korea Consumer Agency (KCA)

Sep 3 2025
10:00 AM PDT