Eli Lilly and Insilico Medicine Forge $2.75 Billion AI-Driven Drug Discovery Deal 
TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
U.S. Dollar Climbs as Trump Escalates Rhetoric Against Iran 
Trump Administration Plans 100% Tariffs on Pharmaceutical Imports 
Asian Currencies Weaken as Dollar Rebounds Amid Middle East Escalation 
Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected 
Nomura Upgrades PDD Holdings to Buy, Calls Stock Too Cheap to Ignore 
Trump Expands Tariffs on Pharmaceuticals and Metals One Year After Liberation Day 
CTOC Adds 3,000 Doctors, 500 Hospitals Ahead of Liquidity Push 
U.S. Dollar Posts Strong Monthly Gain Amid Middle East Conflict Despite Late Dip 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears 
Japan's Services Sector Growth Slows in March Amid Rising Middle East Tensions 
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments 
Luxury Car Sales in the Middle East Take a Hit Amid Iran War 
Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears 
Canada's Economy Grows Modestly in January 2025, Driven by Energy and Construction 
Hyundai Mobis and Sinclair Broadcast Group Inc. announced their partnership deal to develop a digital broadcasting system for vehicles. They will be introducing an advanced broadcast platform with a next-generation system in North America.
As per Korea Joongang Daily, Hyundai Mobis is now testing the in-vehicle broadcast platform that was created in collaboration with the largest media group in the U.S. The South Korean car parts company will be initiating a pilot project on digital broadcasting in the country, and it will be done together with Sinclair Broadcast Group.
The two companies will offer vehicle infotainment and data transmission systems formed based on ATSC 3.0 broadcasting standard. This is the latest standard, and compared to the previous ones, including the ATSC 1.0, this latest level offers better sound delivery and picture quality. This new standard will provide high resolutions of up to 8K, which is currently the highest resolution available for display panels.
Moreover, with the ATSC 3.0, the digital broadcasting systems of both Hyundai Mobis and Sinclair will have enhanced targeting features of distributing various content or ads to the consumers according to their geographic location. The new standard is also equipped with improved GPS to provide in-vehicle entertainment and emergency information in real-time.
“This collaboration is an important step towards realizing the promise of using ATSC 3.0 to communicate with the millions of vehicles on America’s roads and to greater serve the American public interest,” Sinclair’s president and chief executive officer, Chris Ripley, said in a press release for the initial signing of the memorandum of understanding (MOU) last month.
He added, “By collaborating with Hyundai Mobis, we can make these services seamless for consumers while providing the efficiency and robustness of ATSC 3.0 for service providers.”
Finally, as part of the agreement, Hyundai Mobis will be in charge of developing a system that can send and receive the new broadcasting spectrum in the vehicles' displays. It has already started the trial of the broadcasting system in Baltimore and Washington.
