Global Economic Times

2026.06.27 (Sat)
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Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation

At the 2026 Busan Mobility Show held on June 26, Kia Corporation unveiled a comprehensive future mobility strategy centered on three core pillars: Software-Defined Vehicles (SDV), Purpose-Built Vehicl
Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante

BUSAN, South Korea — At the 2026 Busan Mobility Show held at BEXCO on June 26, José Muñoz, President and CEO of Hyundai Motor Company, unveiled a bold vision for the future of the

Incheon Port Authority Overhauls Incentive Program to Boost Cargo Throughput

The Incheon Port Authority (IPA) has announced a significant restructuring of its long-standing incentive program, aiming to reinvigorate cargo traffic and solidify the port’s position as a prem

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Supply Chain Hacking Alert: Tata Electronics Breach Exposes Sensitive Apple and Tesla Data: In a stark reminder of the mounting vulnerabilities within global technology supply chains, Tata Electronics, a key partner respon ...; Global Economic Times Reporter 2026.06.24

A New Era for the KOSPI: SK Hynix Surpasses Samsung Electronics as Top Market Cap Company: In a historic shift for the South Korean stock market, SK Hynix has overtaken Samsung Electronics to become the largest company on ...; ONLINE TEAM 2026.06.22

K-Beauty Sets Its Sights on Southeast Asia: A $11.1 Billion Market Opportunity by 2035: The South Korean cosmetics and beauty industry has identified Southeast Asia as its next major export frontier, following in the f ...; Hwang Sujin Reporter 2026.06.22

S. Korean Auto Industry Faces 'Triple Decline' in May, Despite Robust Growth in Eco-friendly Vehicles: SEOUL – South Korea's automotive industry experienced a rare "triple decline" in May, with production, exports, and domestic ...; Desk 2026.06.18

The Changing Landscape of K-Beauty Jobs: Big Names Shrink as ODM and Beauty-Tech Firms Lead Growth: SEOUL — The employment landscape within South Korea’s beauty industry is undergoing a rapid transformation, mirroring ...; KO YONG-CHUL Reporter 2026.06.18

Home Appliance Giants Pivot Toward Niche Markets to Drive Growth: SEOUL — The South Korean home appliance industry is undergoing a significant transformation. Faced with a maturing domestic ...; Yim Kwangsoo Correspondent 2026.06.16

South Korea’s Permanent Jobs Shrink for First Time in 26 Years: A Severe Blow to the 2030 Generation: SEOUL — South Korea’s labor market has hit a major roadblock as permanent employment contracted for the first time in ...; Hwang Sujin Reporter 2026.06.15

LX Pantos Steps Up Safety for Partners, Supplying New Functional Workwear to 100 Cooperating Companies: SEOUL — LX Pantos, a leading global logistics company, announced on Tuesday that it will supply newly designed summer workwe ...; Yim Kwangsoo Correspondent 2026.06.09

SK Chairman Chey Tae-won Proposes $7 Trillion Economic Integration Through Korea-Japan Alliance to Shift Toward a Low-Cost Structure: TOKYO — Chey Tae-won, Chairman of SK Group and Chairman of the Chey Institute for Advanced Studies, presented a bold bluepri ...; Global Economic Times Reporter 2026.06.09

Semis Move South: Samsung and SK hynix Poised to Announce Multi-Trillion Won Plants in Honam and Chungcheong: SEOUL — The center of gravity for South Korea’s semiconductor industry, which has historically been heavily concentrat ...; Global Economic Times Reporter 2026.06.09

Samsung Launches Massive 'AX Revolution' Under Chairman Lee Jae-yong, Overhauling Corporate DNA with AI: SEOUL — Samsung Group, South Korea's largest conglomerate, has announced a radical paradigm shift that will fundamentally re ...; Global Economic Times Reporter 2026.06.09

From Streaming to Playing: Nexon and Naver Unveil Revolutionary Cross-Platform Integration for 'FC Online' on Chzzk: SEOUL — In a groundbreaking move poised to redefine the landscape of digital entertainment, South Korean gaming giant Nexon ...; Eugenio Rodolfo Sanabria Reporter 2026.06.08

LG CNS Launches 'DevOn Agentic AIND': An Agentic AI-Driven IT System Development Platform: SEOUL, South Korea — LG CNS announced on June 8, 2026, the official commercial release of 'DevOn Agentic AI Native Developme ...; Global Economic Times Reporter 2026.06.08

Middle East War Fallout Hits South Korean Economy: KDI Warns of Stagflationary Pressures as Oil Refining Plummets 20.5%: SEOUL — The economic shockwaves from the prolonged war in the Middle East have officially begun to seep into the South Korea ...; Global Economic Times Reporter 2026.06.08

Zeekr Targets 2,000 Sales for '7X' EV in South Korea This Year: Hangzhou, China — Zeekr, the premium electric vehicle (EV) brand under China's Geely Auto Group, has officially established ...; Yim Kwangsoo Correspondent 2026.06.05

Murata Unveils Next-Gen Resin Electrode MLCC for Automotive Applications: TOKYO — In a major step toward supporting the rapid electrification of the automotive industry, Murata Manufacturing Co., Lt ...; Graciela Maria Reporter 2026.06.05

Samsung Electronics Super-Enterprise Union Loses Majority Status Amid Backlash Over Bonus Disparities: SEOUL — The Super-Enterprise Labor Union’s Samsung Electronics branch, previously the largest labor union at Samsung E ...; KO YONG-CHUL Reporter 2026.06.05

South Korea’s Top Five Automakers Suffer Broad May Sales Decline Amid Weakening Domestic Demand and Global Headwinds: SEOUL — South Korea’s five major domestic automakers experienced a coordinated downturn in performance last month, rep ...; Hwang Sujin Reporter 2026.06.03

Chinese Humanoid Robotics Pioneer Unitree Clears Shanghai IPO Hurdle to Raise $580 Million: In a monumental milestone for the global robotics ecosystem, Unitree Robotics, one of China’s most prominent humanoid roboti ...; Global Economic Times Reporter 2026.06.03

Hyundai Motor Bets on ‘The New Grandeur’ to Jumpstart Sluggish Domestic Sales: SEOUL — Hyundai Motor Company is turning to its iconic flagship sedan, the Grandeur, to spearhead a rebound in its domestic ...; Yim Kwangsoo Correspondent 2026.06.03

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