The European Union has announced additional tariffs of up to 38.1% on electric vehicles from China. In response, SAIC, a major Chinese automaker, has stated it will contest the tariffs and has requested a formal hearing from the European Commission. SAIC’s actions, likely backed by the Chinese government, suggest possible countermeasures against the EU and a potential trade war.
Samsung Electronics held its Galaxy Unpacked 2024 event on the evening of July 10 in Paris, France. The company introduced its new generation of foldable phones, the Galaxy Z Fold 6 and Flip 6 series, new smartwatches Galaxy Watch Ultra and Galaxy Watch 7, and true wireless earbuds Galaxy Buds 3 Pro and Galaxy Buds 3. Samsung aims to create a brand-new mobile ecosystem through the “AI For All” concept, enhancing operational performance and providing consumers with a better mobile experience.
Texas Governor Greg Abbott’s Indo-Pacific trip has brought him to South Korea, where he has focused on strengthening economic ties and exploring technological collaborations. The governor’s visit to Samsung Electronics’ facility in Pyeongtaek underscored the deep cooperation between Texas and Samsung.