Global Economic Times

2026.08.11 (Tue)
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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 facility located in Chongqing, China, according to industry sources and fore
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, announced on August 7, 2026, a monumental board-approved investment of

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 continent as their next major "land of opportunity." This strat

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Sony to Cede Control of TV Business to China’s TCL in Major Restructuring: (C) X.com TOKYO/SHENZHEN — Sony Group is spinning off its storied television business to form a joint venture with China& ...; Yim Kwangsoo Correspondent 2026.01.21

United Airlines Soars on Robust Demand; Forecasts Record-Breaking 2026: (C) Alnvest CHICAGO – United Airlines (UAL) shares surged nearly 5% in after-hours trading Tuesday after the carrier repo ...; Global Economic Times Reporter 2026.01.21

The Ultimate Family SUV: Hyundai Palisade Dominates "North American Car of the Year": (C) Namuwiki DETROIT — Hyundai Motor’s flagship SUV, the Palisade, has achieved a landslide victory at the prestigi ...; Pedro Espinola Special Correspondent 2026.01.21

Hyundai’s ‘Atlas’ Shakes Up CES 2026: A Formidable Rival to Tesla’s Optimus: (C) Electrek LAS VEGAS – Hyundai Motor Group’s robotics subsidiary, Boston Dynamics, has taken center stage at CES ...; Graciela Maria Reporter 2026.01.18

Rise of C-Beauty: Chinese Cosmetic Brands Challenge K-Beauty’s Dominance with ‘Doll-like’ Makeup Trends: (C) Campaign Asia SEOUL — Chinese domestic cosmetic brands, collectively known as "C-Beauty," are aggressively expanding ...; Desk 2026.01.18

China Achieves Record $1.2 Trillion Trade Surplus Amid Global Shift: HONG KONG — China’s trade surplus reached a historic milestone of nearly US$1.2 trillion last year, a 20 percent surge ...; Ana Fernanda Reporter 2026.01.15

EV Prices Hit All-Time Low: Massive Cash Discounts and Manufacturer Subsidies Transform Market: (C) InsideEVs SEOUL, South Korea – The South Korean electric vehicle (EV) market is entering an unprecedented era of price ...; Hee Chan Kim Reporter 2026.01.13

Kia Registers Trademarks in Russia, Valid Until 2034: A Step Toward Future Market Re-entry?: (C) X.com MOSCOW — Kia, the prominent South Korean automaker that withdrew from the Russian market following the geopolit ...; Global Economic Times Reporter 2026.01.13

Hanwha Pursues Additional U.S. Shipyard Acquisitions to Meet Surging Naval Demand and Nuclear Submarine Ambitions: (C) Nautical Voice NEW YORK – Hanwha Group, a key player in the Maritime Asset Security and Government Alliance (MASGA) s ...; Yim Kwangsoo Correspondent 2026.01.10

Cars Become 'Digital Wallets': In-Car Payments and Biometric Security Redefine Physical AI at CES 2026: (C) NCFA Canada LAS VEGAS – The act of pulling out a credit card at a gas station or a drive-thru is fast becoming a relic ...; Eunsil Ju Reporter 2026.01.10

Hyundai’s Atlas Named ‘Best Robot of CES 2026’ as it Prepares for Factory Deployment: (C) Youtube LAS VEGAS — Hyundai Motor Group announced on January 8th (local time) that "Atlas," the humanoid robot develope ...; Global Economic Times Reporter 2026.01.09

Samsung Electronics Rewrites History: Quarterly Operating Profit Hits 20 Trillion Won Amid "AI Super-Cycle": (C) Medium SEOUL – Samsung Electronics has once again asserted its dominance in the global technology landscape, reportin ...; Global Economic Times Reporter 2026.01.08

The Great Tech Shift: China’s Dominance at CES 2026 Leaves Global Rivals in the Dust: (C) Medium LAS VEGAS — For years, the Consumer Electronics Show (CES) was a stage where Chinese companies were often relega ...; Global Economic Times Reporter 2026.01.08

‘K-Used Car’ Export Momentum Stalls as Intermediaries Bear Brunt of Frozen Accounts: (C) ET Auto SUWON, South Korea – The rapid ascent of the South Korean used car export industry, often hailed as the "K-Used ...; KO YONG-CHUL Reporter 2026.01.06

Zero-Tariff Import Surge Threatens South Korea’s Struggling Dairy Industry: (C) ET Edge Insights SEOUL — South Korea’s dairy industry is bracing for a "perfect storm" as zero-tariff benefits fo ...; Hwang Sujin Reporter 2026.01.06

Xiaomi to Launch Ultra-Lightweight Vacuum Cleaner in January: "90,000 Won, 860 Grams": (C) Youtube Xiaomi is set to release a new ultra-lightweight wireless vacuum cleaner in the Korean market this coming January. Th ...; Ana Fernanda Reporter 2026.01.05

Hyundai Motor Challenges World's First 'Solid-State Battery Vehicle': (C) Securities.io The appearance of a Hyundai electric vehicle (EV) equipped with solid-state batteries is imminent. Often call ...; Global Economic Times Reporter 2026.01.05

Crisis in Hypermarkets: Structural Shifting and the Impact of Homeplus Closures: SEOUL — South Korea’s hypermarket industry is facing an unprecedented crisis. According to the latest data from the Na ...; KO YONG-CHUL Reporter 2026.01.05

Hanwha Ocean Aims for 100% Robotic Welding by 2030: Accelerating the AX Revolution in Shipbuilding: (C) Cyber-Weld Hanwha Ocean’s Okpo Shipyard in Geoje, Gyeongsangnam-do, is transforming into a testing ground for "Physical ...; KO YONG-CHUL Reporter 2026.01.05

Samsung and LG Go Head-to-Head in Robotics and Automotive Electronics at CES 2026: (C) Homecrux CES 2026, the world's largest consumer electronics and IT exhibition, has officially opened in Las Vegas. While AI r ...; Global Economic Times Reporter 2026.01.05