Industry - Global Economic Times

2026.11.11 (Wed)
All articles

LOGIN
JOIN

Gimhae Airport Smashes 10 Million International Passenger Milestone Ahead of Schedule

BUSAN — Gimhae International Airport has reached a historic milestone, with total passenger traffic surpassing 15 million and international travelers exceeding 10 million between January and Oct
Rising Demand for Japan Routes Sparks Debate Over Busan-Haneda Regular Flights

SEOUL — South Korea's aviation sector continues to ride a wave of robust travel demand to Japan, with passenger volume outpacing flight capacity expansions and repeatedly setting historic re

Genesis Enters Ultra-Luxury EV Segment with Flagship GV90 and Neolun SUVs

SEOUL — South Korea’s premier luxury carmaker, Genesis, has officially entered the ultra-luxury electric vehicle market with the domestic debut of its flagship GV90 series. The launch intr

Industry

Search: 2,204

Amazon's Zoox Wins Historic U.S. Approval for Driverless Robotaxis Without Steering Wheels or Pedals: LAS VEGAS — In a major breakthrough for the autonomous vehicle industry, Amazon’s self-driving subsidiary, Zoox, has o ...; Global Economic Times Reporter 2026.08.01

The 95% Idle Crisis: Enterprise GPU Utilization Plummets to 5% as Tech Pioneers Offer Breakthrough Solutions: In the hyper-competitive global race for artificial intelligence dominance, corporate titans and enterprise software leaders have ...; Hwang Sujin Reporter 2026.08.01

Samsung Forecasts Memory Shortage to Endure Until 2028, Securing 70% of Capacity in Multi-Year Contracts: SEOUL — Samsung Electronics has issued a stark warning to the global technology ecosystem, projecting that the severe global ...; KO YONG-CHUL Reporter 2026.07.30

LG Electronics Hits Historic Q2 Highs as Home Appliances and Auto Parts Drive Explosive Growth: SEOUL — LG Electronics Inc. announced today that it delivered its strongest second-quarter financial performance in company ...; Global Economic Times Reporter 2026.07.30

Samsung Pushes to Break Ground on Taylor Fab 2 by Year-End, Targeting 2030 Mass Production: Samsung Electronics has formally announced plans to commence construction on its second semiconductor manufacturing facility in Ta ...; Global Economic Times Reporter 2026.07.30

KAIST and NVIDIA Partner to Establish $300 Million AI Joint Research Center in Korea: SEOU — The Korea Advanced Institute of Science and Technology (KAIST) announced on Friday that it will establish the "NVIDIA ...; Yim Kwangsoo Correspondent 2026.07.25

Hanwha Ocean Bolsters Alliances with U.S. Partners to Drive Forward "MASGA" Shipbuilding Initiative: WASHINGTON, D.C. — Major South Korean defense and commercial shipbuilder Hanwha Ocean has forged comprehensive strategic par ...; Eunsil Ju Reporter 2026.07.25

Alphabet’s Aggressive AI Capex Expansion Dispels ‘Peak-Out’ Fears, Triggering Powerful Semiconductor Rally: SEOUL & SILICON VALLEY — Concerns over an impending ‘peak-out’ in artificial intelligence (AI) investments a ...; Hwang Sujin Reporter 2026.07.24

Zeekr Celebrates 5th Anniversary by Setting New Guinness World Record for Electric Vehicle Drifting: SEOUL — Zeekr, the premium electric vehicle (EV) brand under China's Geely Holding Group, has marked its fifth anniversary w ...; Kim Sungmoon Reporter 2026.07.18

Robots Preserving the Taste of Kyochon’s ‘Honey Combo’: Automated Frying and Batter Dispensing Expand Nationwide: SEOUL — Kyochon F&B, the operator of South Korea's pioneer fried chicken franchise Kyochon Chicken, is rapidly expanding ...; Global Economic Times Reporter 2026.07.18

South Korea Sets 2027 Minimum Wage at 10,700 KRW per Hour, Rebounding to 3.7% Increase After Intense Negotiations: SEJONG — South Korea’s minimum wage for 2027 has been officially finalized at 10,700 KRW (approximately $7.80 USD) per ...; Desk 2026.07.16

US Pivots to 'Friend-Shoring' for Robotics Supply Chain: Expanding Horizons for Hyundai Motor Group: [SEOUL] — The United States is actively reorganizing its advanced robotics supply chain around trusted allies and strategic ...; Kim Sungmoon Reporter 2026.07.13

'The Jae-Chul Ryu Magic': LG Electronics Hits New Milestones in Q2 Performance: SEOUL — Amidst global economic headwinds and persistent geopolitical uncertainty, LG Electronics has achieved a historic sec ...; Kim Young Min Reporter 2026.07.08

Automation Drives Quality: A Look Inside Hanwha Aerospace’s Smart Engine Factory: CHANGWON, South Korea — In the high-stakes world of aerospace, where a single minute error can be catastrophic, Hanwha Aeros ...; KO YONG-CHUL Reporter 2026.07.08

Samsung Electronics Surpasses NVIDIA to Become Global Leader in Quarterly Operating Profit: SEOUL — Samsung Electronics has officially ascended to the top of the global corporate ladder in terms of quarterly operatin ...; Global Economic Times Reporter 2026.07.08

South Korea Unveils Bold Space Ambitions: Aiming for Sovereign Low-Orbit Satellite Network by 2035: SEOUL — The South Korean government has announced an ambitious "Space and Aerospace Industry Development Strategy," aimed at ...; KO YONG-CHUL Reporter 2026.07.04

LG Energy Solution-Honda Joint Venture Commences ESS Battery Cell Mass Production in the U.S.: JEFFERSONVILLE, Ohio — L-H Battery Company, the joint venture between LG Energy Solution and Honda, announced on July 3 that ...; Eunsil Ju Reporter 2026.07.04

Hanwha Announces 55 Trillion Won Investment to Propel South Korea as a Global AI Space Powerhouse: In a bold move to establish South Korea as a global leader in AI and aerospace, Hanwha Group announced on July 3rd that it will in ...; Kim Sungmoon Reporter 2026.07.04

South Korea to Implement Facial Recognition for Mobile Phone Activation Starting July 6: SEOUL — Starting July 6, South Koreans will be required to undergo a facial recognition verification process when activating ...; Hwang Sujin Reporter 2026.07.01

Wemade’s Founder Exits: Chinese Investment Firm NeoPulse Becomes Largest Shareholder in 920 Billion Won Mega-Deal: In a monumental shift that marks the end of an era for one of South Korea’s most prominent game developers, Park Kwan-ho, th ...; Ana Fernanda Reporter 2026.07.01