Companies do not pass on cost savings to consumers. They spend tons of money lobbying governments and controlling policy to generate maximum profit, while using media to spread misinformation.
Conservatives (Korean and American) and the wealthy seem to rely on misinformation to con people. At least, more people are noticing and speaking out.
I read about a new algorithm for noise cancelling earphones/headphones based on time delay. The music coming through the speakers left and right are the same, no delay in signals between left and right. Outside noise is picked up from microphones outside the case of earphones/headphones. Any signals with delay between the right and left microphones are actively cancelled through the speakers to suppress them.
There were examples of the algorithm being used in real life situations, and the noise cancelling was impressive. Present noise cancelling earphones/headphones do a good job cancelling low frequency noise, but not mid and high frequencies. The new algorithm suppressed mid and high frequency noise really well.
I tried to find the article but couldn't remember where I saw it.
I have Bose headphones and Samsung Galaxy Buds 2 earphones. I wonder which company will come out with products using the new algorithm.
Some brand just launched earbuds with 12mm drivers. I would like 12mm drivers and the new algorithm. It's nice listening to music at a low volume with clear bass and high notes. Very peaceful.
Wonder when noise cancelling earphone/headphone manufacturers will start to sell out their present inventory before introducing products with the new algorithm. It could take another year or two for a product to be developed and launched.
Did you know that earbuds and headphones generate great profit margins for the manufacturer? Far greater than most other products, excluding medicine, of course.
But I doubt that the cause is the rising interest rates.
It could be due to the downturn in the Chinese real estate market.
The Chinese have bought a lot of real estate in Korea, Canada (Vancouver), and other countries.
Korean media blames previous progressive administrations for the rise in real estate prices, but it is the conservative government that always has implemented policies that increase real estate prices. Then the progressive government and tries to reel those policies in, while being blamed by the media (and most of the public believes this nonsense).
It is now trying to ease restrictions on real estate development, reduce property taxes and extending credit to home buyers in order to resolve the supposed "housing shortage" (plenty of rentals).
In reality, the rich have a lot of real estate and do not want the prices to fall. The rich also fear inflation. Argentina still has around 60% inflation, I think. Hasn't gone down the drain.
Four of the past twelve former Korean presidents have been jailed with three pardoned to date - Chun Do-hwan, Roh Tae-woo, Park Geun-hye, Lee Myung-bak (out on bail).
The heads of Samsung, SK, Lotte, Hanwha, many more conglomerate heads, and countless corporate executives have been convicted of all sorts of crimes with many receiving pardons.
There are seemingly countless articles on jailed corporate heads. In their thinking, it's my company and my money, but in reality, it is the shareholders' company and money. That's why there is a Korean discount on Korean stocks. Need to tighten the laws and strengthen enforcement a little more.
Former president Moon Jae-in didn't grant pardons to corporate heads.
Why did incumbent Yoon pardoned them at the first opportunity? Didn't even wait till the end of the year. Why do most media praise Yoon and vilify Moon?
Why didn't Yoon pardon conservative former president Lee Myung-bak? He was just released from prison on bail. Pardoning him too would have probably been too much for the public. His pardon will come later.
Insider trading is rampant. Stock prices go up before major announcements all the time and no investigations from the prosecutors office. Almost no convictions for insider trading, I think.
Wonder if the corrupt four former Korean presidents and corrupt business heads did any business together. Robbed the country blind?
Some conglomerate group heads have received more than one pardon. No wonder they act like Trump.
Wonder if Trump will be indicted? Why not? Other countries indict presidents for crimes. Many think that he should have been jailed long ago? He'll probably be pardoned something in the future.
Wonder how vocal pro-Trump GOP members will be when Trump is indicted. It seems the most vocal are the ones that sought pardons.
There are more articles stating that it is likely that JY Lee, the head of Samsung, will be pardoned on 15 August. The articles also claim that due to his conviction, Samsung cannot do M&A deals and prepare large investment plans for the future.
Apparently testing the waters. If there is public outrage, then no pardon. If less outrage than expected, then pardon.
SK 159곳 투자할 때 삼성은 5곳뿐…"JY 사면땐 M&A 재시동" (Translated - While SK invested in 159 companies, Samsung invested in only 5... "If JY Lee is pardoned, M&As will resume")
Heads of Lotte Group, Dongkuk Steel, and STX Group were also pardoned. Lots of business heads convicted of crimes, almost always pardoned. Same with their companies. Fined and barred for bid rigging and such, then re-allowed to resume business.
The first two days of flooding saw Prez Yoon plastered on TV news visiting flooded areas, giving orders, stating that all agencies should prevent further flooding, ordering that aid be given, and such.
Reminded me of North Korean news broadcasts on Kim Jong-un. Both walking, looking serious, giving orders and expecting others to be subservient.
Anyway, there are now floods in southern Korea and Yoon is nowhere on TV, for some reason. Yoon will probably not visit the flooded areas in the south, despite the danger of seeming to not care by not visiting.
It seems public opinion is against mostly conservative politicians using the floods for publicity photos, as per their leader.
