Global Economic Times

2026.08.12 (Wed)
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(CCEI Chungnam) Chungnam Center for Creative Economy & Innovation Supports 5 Companies Participating in ‘2026 Vietfood & Beverage’

The Chungnam Center for Creative Economy & Innovation (hereinafter referred to as Chungnam CCEI) supported promising startups in the Chungnam region to enter the Vietnamese market, achieving signi
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 it has signed a major supply and deployment agreement with LG Uplus.

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 officially announced the contract to supply its specialized X-ray foreign body

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Woori Bank Tightens Reins on Dormant Corporate Accounts to Combat Financial Fraud: SEOUL – Woori Bank, one of South Korea’s leading commercial lenders, has announced a sweeping crackdown on financial f ...; Hwang Sujin Reporter 2026.04.19

K-Defense Takes on Latin American Market: Pan-Government Delegation Dispatched: The pan-government and public-private defense cooperation delegation, led by the Ministry of Foreign Affairs and the Defense Acqui ...; KO YONG-CHUL Reporter 2026.04.13

South Korea Enters the Era of '100 AI Medical Devices Annually': Advancing into High-Complexity Clinical Fields: SEOUL – South Korea’s medical artificial intelligence (AI) sector has reached a significant turning point, with more t ...; KO YONG-CHUL Reporter 2026.04.13

Samsung Electro-Mechanics to Build New 'MLCC Embedded Substrate' Line in Vietnam to Lead AI Market: VIETNAM – Samsung Electro-Mechanics (SEMCO) is making a bold move to dominate the booming Artificial Intelligence (AI) semic ...; Global Economic Times Reporter 2026.04.13

BRILS Establishes Michigan Subsidiary to Spearhead North American Robotics Supply Chain Expansion: (C) BigGo Finance GRAND RAPIDS, MI – In a strategic move to solidify its presence in the global automation market, BRILS, ...; Graciela Maria Reporter 2026.04.09

South Korean Automakers Defy Middle East Tensions with Robust March Sales Growth: SEOUL — Despite escalating geopolitical risks in the Middle East and the resulting volatility in global energy markets, Sout ...; Kim Sungmoon Reporter 2026.04.02

LG Electronics Scales Up Overseas Operations to Conquer the ‘Global South’ and European Premium Markets: SEOUL — LG Electronics is aggressively expanding its global footprint by launching a massive recruitment drive across the "G ...; Hwang Sujin Reporter 2026.04.02

‘Global Hansang’ Gather in Magok, Seoul… The 27th World Representative Conference Opens: (C) News K Korean economic leaders active in over 70 countries have gathered in the Magok district of Gangseo-gu, the new econo ...; KO YONG-CHUL Reporter 2026.03.30

Samsung Completes Transition to 236-Layer 8th Gen V-NAND in Xi’an; 9th Gen Mass Production Slated for Late 2026: XI'AN, China — In a strategic move to solidify its dominance in the global memory market, Samsung Electronics has officially ...; Desk 2026.03.30

Economy Seats Transform into Beds: United Airlines Unveils 'Lie-Flat' Option: United Airlines is set to bridge the gap between business and economy classes with a creative new seating option that allows passe ...; Eunsil Ju Reporter 2026.03.26

IBK Pioneers AI Internal Control System: Strengthening Enterprise-Wide Risk Management: SEOUL – Industrial Bank of Korea (IBK) is establishing a comprehensive governance framework to oversee and manage the entire ...; Desk 2026.03.26

Korean Air Resumes Busan-Beijing Route, Offers Up to 10% Discount on Greater China Flights: BUSAN – Korean Air is stepping up its presence in the Greater China market by resuming its Busan-Beijing service and launchi ...; Min Gyu Mi Reporter 2026.03.24

Hyundai, Kia, and Others Recall Over 400,000 Vehicles Due to Safety Defects: The South Korean Ministry of Land, Infrastructure, and Transport announced on Tuesday a massive voluntary recall involving 408,942 ...; Hwang Sujin Reporter 2026.03.24

Samsung and LG Clash in Milan Over European HVAC Supremacy at MCE 2026: MILAN, Italy — The battle for the European heating, ventilation, and air conditioning (HVAC) market has reached a fever pitc ...; Desk 2026.03.24

Coway Clinches Top Honor at "Water Taste Awards" for 7th Consecutive Year: Coway Co., Ltd., the "Best Life Solution Company," announced today that it has received the highest rating at the 10th Bottled Wat ...; KO YONG-CHUL Reporter 2026.03.22

Naver to Shut Down Men's Fashion Service 'MR.' to Launch Expanded AI-Driven Fashion Platform: Naver is pivoting its e-commerce strategy by closing its specialized men's fashion curation service, 'MR. (Mister),' to make way f ...; Global Economic Times Reporter 2026.03.22

K-Beauty SMEs Join Forces with Distributors: A New Paradigm for Global Expansion through Strategic Consortiums: The South Korean government has unveiled a groundbreaking initiative to propel small and medium-sized enterprises (SMEs) in the co ...; Desk 2026.03.19

Coupang Tightens Rocket Delivery Rules: Free Shipping Now Based on 'Final Payment' for Non-Members: SEOUL — Coupang, South Korea’s e-commerce giant, is set to overhaul its free shipping policy for non-Wow membership us ...; Hwang Sujin Reporter 2026.03.17

BC Card Secures Patent for Blockchain-Based ‘Asset Authentication NFT’ to Protect Wealth in Financial Emergencies: SEOUL – In an era where digital stability is as crucial as financial liquidity, BC Card, a leading South Korean payment proc ...; KIM YOUNG MIN 2026.03.16

Global Food Delivery Giants Hit Record Highs: Subscription and Quick-Commerce Emerge as Key Growth Engines: (C) Carlist In a year marked by economic uncertainty, the world’s leading food delivery platforms have defied market expe ...; Ana Fernanda Reporter 2026.03.16

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