Samsung’s Galactic Leap: “Space Factory” Project to Propel South Korea’s Aerospace Industry Forward

May 22 2025 – In recent years, the space sector has witnessed a surge in interest from numerous countries and enterprises, and it appears that Samsung Group is also stepping into this competitive arena. According to reports from South Korean media outlet kedglobal, Samsung C&T has embarked on a project dubbed “Space Factory.” Earlier this…

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Meta’s MMS Project: Enabling Seamless Language Conversion for Over 1100 Languages

May 23, 2023 – In a groundbreaking move, Meta Corporation has introduced the Massively Multilingual Speech (MMS) project, revolutionizing language-to-text and text-to-speech services across more than 1100 languages. What sets MMS apart is its remarkable ability to process nearly 4000 unannotated spoken languages, surpassing existing models by tenfold. At the core of Meta’s achievement lies…

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NXP’s Kurt Sievers Steps Down: Presidential Role Handed Over Ahead of Retirement

April 29, 2025 – Dutch semiconductor giant NXP Semiconductors revealed in its first-quarter earnings announcement yesterday (local time) that its Chief Executive Officer and then-President Kurt Sievers intends to retire from the company by the end of this year. The decision, which was unanimously endorsed by NXP’s board of directors, has already seen Sievers step…

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Samsung Electronics Unveils Leadership Shake-Up for 2024: New Roles and Responsibilities

November 27, 2023 – Today, Samsung Electronics announced its personnel changes for the year 2024, including the promotion of two individuals and the reassignment of positions for three others. The key highlight of these personnel appointments is the establishment of the “Future Business Planning Group” as a vice-presidential level organization, aimed at discovering new business…

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Ford Appoints Former Samsung SDI Executive to Lead EV Battery Development

November 07, 2023 – According to TheElec, the American automotive giant, Ford, has made a significant move in the electric vehicle (EV) industry by hiring former Samsung SDI Vice President Kim Seung-Hoon to lead their electric vehicle battery development efforts. Sources within the company have revealed that Kim Seung-Hoon has been appointed as Ford’s Chief…

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