growth

May 8 (Asia Today) — Samsung Electronics is expanding staffing for its Future Robotics Office as the company accelerates investment in robotics, one of its designated next-generation growth businesses.

The device experience division accepted internal applications for the robotics unit through Friday.

Samsung has identified robotics as a promising future business and has continued investing in the sector through mergers, acquisitions and internal development.

The Future Robotics Office was created in 2024 after Samsung became the largest shareholder in Rainbow Robotics, a South Korean robotics company. The unit was established to speed development of future robotics technologies, including humanoid robots.

During a conference call after its first-quarter earnings announcement, Samsung said the robotics unit, led by Oh Jun-ho, had built a foundation to catch up with leading companies in the field.

The company said it was also working to bring key parts production in-house and secure the ability to develop customized components. Samsung said it would pursue domestic and international partnerships and acquisitions while building its own technologies.

The hiring push comes as Samsung adjusts parts of its business in China, where profitability has weakened. The company recently decided to stop selling televisions and home appliances in China, while continuing businesses such as mobile devices, semiconductors and medical equipment.

The move reflects Samsung’s broader strategy of redirecting resources from weaker business areas toward new technologies and future growth engines.

Although Samsung’s device experience division is currently facing profitability pressure, the company is seeking to secure an early position in robotics, a market expected to expand in the coming years.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260508010001789

China currently boasts one of the lowest rates of homicide, violent crime, and gun and explosive incidents globally. The Chinese-style sense of security is a comprehensive system integrating advanced technology, community engagement, and continuous improvement in living standards. This has positioned China as one of the safest countries in the world, according to the 2025 Global Security Report, with 98.2% of Chinese citizens feeling safe by 2025, further solidifying its status as a globally stable destination. The pillars of this Chinese-style sense of security are built upon advanced digital technologies, relying on smart networks and modern surveillance systems such as facial recognition and artificial intelligence to enhance the security network within China.

The phrase “Chinese-style security” refers to China’s model for achieving social stability and reducing crime rates. This model is based primarily on three pillars: proactive prevention systems, where, rather than simply addressing crime after it occurs, China focuses on prevention and control through extensive security networks and a constant police presence in key areas; the continuation of the community mobilization system (the Fengqiao model), a historical concept (currently revived) that involves citizens and local committees in resolving community disputes before they escalate into crimes or legal cases, thus promoting the idea of ​​self-regulation and public cooperation with Chinese authorities; and the use of digitalization and artificial intelligence technologies, where China has heavily invested in smart city technologies and the Skynet system. Skynet utilizes millions of cameras equipped with facial recognition and big data analytics to predict suspicious activities and track wanted individuals with high precision. This combination aims to create a secure environment that supports economic growth within China, despite the occasional international debates it sparks regarding the balance between public security and individual privacy.

Data and reports confirm exceptional social stability in China, with citizens’ sense of security exceeding 98% for six consecutive years. This security is attributed to effective governance, advanced digital technologies, and a high standard of living, making China a safe destination for investment and a source of stability. Key features of Chinese governance and the sense of security include increased levels of trust and optimism, with the Chinese people ranking among the world’s highest in trust in the government and optimism about the future, according to trust index reports. A robust safety net exists, built on Chinese-style security through crime prevention systems, community mobilization, and enhanced digitalization. These systemic features, along with numerous other advantages, reflect the stability within China and the state’s ability to fulfill its commitments and provide a safe and stable social environment, earning international praise, particularly in light of global geopolitical conflicts. With the continuation of Chinese-style modernization, ongoing modernization has contributed to raising living standards, thus strengthening the sense of security within China.

Accordingly, the Chinese government and the authorities of the ruling Communist Party of China support several pillars and points that support this approach to enhance the sense of security within the country. Based on current developments, focusing on security as the foundation for development in China, the stability of the situation in China is seen as a key element in boosting investor confidence and building a safe and stable living environment for citizens, which contributes to economic growth. With the intensification of the Chinese-style modernization model, modernization in China is not limited to economic growth but also focuses on improving the quality of life, providing employment opportunities, and upgrading social services, which significantly raises living standards. With the stable sense of security, China, through well-considered social policies, has succeeded in maintaining a high level of social security, which enhances public trust in the government and contributes to long-term stability. This has resulted in continued international praise (amidst crises). At a time when several regions around the world are experiencing geopolitical conflicts, China’s stability stands out as a model attracting the attention and scrutiny of international observers, particularly due to the Chinese state’s ability to effectively manage its internal affairs compared to many systems worldwide, including American and Western ones. This strengthens China’s capacity to lead the developing Global South and strongly promote its model of Chinese governance.

Based on the preceding understanding and analysis, we can see how the development for security strategy can form a fundamental pillar within the Chinese governance system. Improving living standards contributes to consolidating social stability and public security within China. This analysis highlights a delicate equation in the contemporary Chinese landscape, where continuous development (Chinese-style modernization) is linked to social stability, creating a secure environment in a turbulent world.

April 16 (Asia Today) — China’s economy grew 5.0% in the first quarter, exceeding expectations despite concerns over the impact of the Iran conflict, official data showed Thursday.

The National Bureau of Statistics said gross domestic product rose 5.0% from a year earlier, topping the 4.8% forecast by economists surveyed by Reuters and Bloomberg.

The stronger-than-expected growth was driven by manufacturing and exports. Industrial production rose 5.7% in March from a year earlier, while retail sales increased just 1.7%, highlighting weak consumer recovery.

High-tech industries showed particularly strong momentum. Output in the sector rose 12.5% in the first quarter, with industrial robot production up 33% and integrated circuit output increasing 24%. Manufacturing accounted for about one-third of overall economic growth.

The impact of the Iran conflict has so far been limited. Bloomberg reported that China’s efforts to bolster energy security, along with prolonged deflationary pressures, helped cushion the shock from rising oil prices. However, some effects were visible, including a 2.2% decline in refined oil production in March.

Domestic demand remains a key concern. Real per capita consumption rose just 2.6%, while wage growth slowed. The urban unemployment rate reached 5.4%, the highest level in a year.

Investment indicators were also weak. Fixed-asset investment increased 1.7% in the first three months of the year, while real estate investment fell 11.2%. Private investment declined for the first time outside the pandemic period.

Analysts said China’s economy continues to show an “imbalanced structure,” with growth driven by exports and manufacturing while domestic demand lags. Falling sales of automobiles, home appliances and furniture further point to soft consumption.

Policy responses are expected to remain measured. With growth exceeding expectations, pressure for large-scale stimulus has eased, and the government has set a relatively modest annual growth target of 4.5% to 5%.

Still, targeted fiscal support and cost-cutting measures are likely to continue to address rising energy prices and external uncertainties. Some economists also see room for monetary easing, including a possible reduction in banks’ reserve requirement ratio.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260416010005290