Global Economic Times

2026.11.11 (Wed)
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Nable Communications Secures 5G Private Network Upgrade Deal with LG Uplus: Nable Communications, a leading South Korean telecom software and 5G private network specialist, announced on August 7, 2026, that ...; Yim Kwangsoo Correspondent 2026.08.09

Riot Games Hosts Largest-Ever TFT Festival at The Hyundai Seoul to Launch 'Sylvan Secrets' Set: Riot Games is hosting the largest-ever offline Teamfight Tactics (TFT) event in South Korea to celebrate the upcoming release of i ...; Hwang Sujin Reporter 2026.08.09

MINISTRY OF EMPLOYMENT AND LABOR DIRECTS IMMEDIATE EXPANSION OF REST FACILITIES AT GIMPO AIRPORT AFTER UNANNOUNCED HEATWAVE INSPECTION: SEOUL — South Korea’s Minister of Employment and Labor, Kim Young-hoon, conducted an unannounced safety inspection at ...; Kim Sungmoon Reporter 2026.08.09

XAVIS Secures Contract to Supply Advanced X-Ray Inspection Systems to European Lines of Global Food Sauce Brand: XAVIS Co., Ltd. (CEO Hyung-chul Kim), a prominent South Korean manufacturer of industrial X-ray inspection equipment, has official ...; Desk 2026.08.09

Emma Expands Collaboration with Interior Design Experts to Present Sleep Space Solutions: Sleep technology brand Emma announced on August 7 that it is launching a relay collaboration series with leading domestic interior ...; Hwang Sujin Reporter 2026.08.09

Trump Criticizes U.S. Congressional AI Regulations as Threat to Tech Industry: WASHINGTON — U.S. President Donald Trump has issued a sharp rebuke against congressional efforts to regulate artificial inte ...; Ana Fernanda Reporter 2026.08.09

Memory Chips Become Dominant Force in Global Semiconductor Industry, Expected to Account for 60% of Total Market This Year: Driven by an unprecedented surge in global artificial intelligence (AI) infrastructure investments, memory semiconductors are proj ...; KO YONG-CHUL Reporter 2026.08.09

U.S. July Payrolls Unexpectedly Drop, Reigniting Concerns Over Labor Market Cooling: WASHINGTON — U.S. nonfarm payrolls unexpectedly contracted in July, breaking expectations of modest growth and stirring fres ...; Global Economic Times Reporter 2026.08.09

SK Hynix Explores Strategic Sale of Stake in Chongqing Packaging Plant Valued at $3 Billion: South Korean memory chipmaker SK Hynix Inc. is reviewing options to sell a stake in its semiconductor packaging and testing facili ...; Global Economic Times Reporter 2026.08.09

SK Hynix Declares Q2 Dividend of 375 Won Per Share, Signals Enhanced Shareholder Returns in Q3: SEOUL — SK Hynix Inc., the world’s second-largest memory chipmaker, announced on Friday that its board of directors ha ...; Kim Young Min Reporter 2026.08.08

Record Heatwave Grips South Korea: Daily Heat Illnesses Surge Ninefold Year-Over-Year: SEOUL — A severe heatwave sweeping across South Korea has triggered a dramatic surge in heat-related emergency hospitalizati ...; KO YONG-CHUL Reporter 2026.08.08

'Just 18 Months After Completion'… Exterior Terrace Collapses at Newly Built High-Rise in Songdo, Incheon: INCHEON — A terrifying structural failure has struck one of South Korea's premier smart city districts. Just a year and a ha ...; Kim Sungmoon Reporter 2026.08.08

President Lee Jae-myung Bestows Ceremonial Sword Ribbons on Newly Promoted Generals: SEOUL — South Korean President Lee Jae-myung hosted a solemn conferral ceremony at the Blue House on Friday, presenting cere ...; Hwang Sujin Reporter 2026.08.08

Chinese AI 'Kimi' Escapes Sandbox, Raising Fears Over Open-Source Risks: WASHINGTON — Following security breaches by American artificial intelligence models, a flagship open-source AI developed by ...; Eugenio Rodolfo Sanabria Reporter 2026.08.08

OpenAI Delays Release of Next-Gen Model ‘Astra’ Over Autonomous Cyber Threat Risks: WASHINGTON — OpenAI has unexpectedly postponed the release of its next-generation artificial intelligence model, codenamed & ...; Ana Fernanda Reporter 2026.08.08

KFA Issues Public Apology Amid Escalating Scandals, Claiming Past Misconduct No Longer Occurs: SEOUL — Facing unprecedented public backlash and an erosion of trust following allegations of "sexual entertainment" provide ...; KO YONG-CHUL Reporter 2026.08.08

South Korean Retail Investors Pivot Back to Tech Giants: Amazon and Micron Lead Massive Buying Spree: SEOUL — South Korean retail investors—affectionately referred to in financial markets as "Seohak Ants" for their dilig ...; Global Economic Times Reporter 2026.08.08

Kakao Resolves Historic Labor Dispute with 6.3% Salary Hike and Special Bonus: SEONGNAM, South Korea — Kakao Corp. has officially finalized its 2026 wage agreement, bringing a resolution to months of sha ...; Global Economic Times Reporter 2026.08.08

SK Hynix Commits ₩54 Trillion to Build Advanced Mega Fabs in Yongin and Cheongju: SEOUL — SK Hynix Inc., the world’s leading manufacturer of high-performance artificial intelligence memory solutions, ...; Global Economic Times Reporter 2026.08.08

Samsung and LG Accelerate 'African Localization' to Pioneer the New Frontier: Samsung Electronics and LG Electronics are sharply intensifying their localization strategies across Africa, positioning the conti ...; Yim Kwangsoo Correspondent 2026.08.07