Global Economic Times

2026.08.12 (Wed)
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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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South Korean Semiconductor and Pharmaceutical Industries Relieved by MFN Treatment in U.S. Tariff Negotiations: The Korean semiconductor and pharmaceutical industries are breathing a collective sigh of relief following an agreement with the U ...; Desk 2025.08.01

American Energy Drink 'Celsius' Products Accidentally Mixed with Vodka... FDA Issues Immediate Disposal Warning: A shocking incident has occurred where certain products of the popular American energy drink brand Celsius were mistakenly mixed w ...; Hwang Sujin Reporter 2025.08.01

South Koreans in Their 20s to 50s Average 2.3 OTT Subscriptions, Driven by Original Content: SEOUL – A recent survey reveals that South Koreans aged 20 to 50 who use Over-the-Top (OTT) streaming services subscribe to ...; Hwang Sujin Reporter 2025.07.30

US Decision to Allow NVIDIA H20 AI Chip Sales to China Ignites Fierce Debate: WASHINGTON D.C. — The Trump administration's decision to permit NVIDIA to resume sales of its H20 artificial intelligence (A ...; Pedro Espinola Special Correspondent 2025.07.30

Anthropic Eyes Up to $5 Billion Investment, Valuation Soars to $170 Billion: SAN FRANCISCO - Anthropic, a prominent competitor to OpenAI, is reportedly in discussions to secure up to $5 billion in new fundin ...; Eugenio Rodolfo Sanabria Reporter 2025.07.30

Toyota to Kickstart EV Production in Europe by 2028, Czech Republic to Host First Plant: PRAGUE, CZECH REPUBLIC – Japanese automotive giant Toyota is set to commence electric vehicle (EV) production in Europe, wit ...; Global Economic Times Reporter 2025.07.30

Samsung Electronics Wins ₩23 Trillion Foundry Contract with Tesla, Alleviating 'Distrust in Technology': Samsung Electronics has achieved a turning point in its foundry business after winning a semiconductor consignment production (fou ...; KO YONG-CHUL Reporter 2025.07.28

Unprecedented Heatwave Changes the Consumer Map: An all-time record heatwave has swept across the country, significantly altering the consumer landscape. People have sought out co ...; Hwang Sujin Reporter 2025.07.28

The Politburo of Vietnam Directs Expansion of Social Housing Eligibility: The Politburo of Vietnam recently announced a major overhaul of its social housing policy. According to a conclusion issued on Jul ...; Desk 2025.07.27

Paraguay to Host International Gathering of Women Agricultural Leaders: The 1st International Gathering of Women Protagonists in Agriculture (Primer Encuentro Internacional de Mujeres Protagonistas del ...; Graciela Maria Reporter 2025.07.25

Paraguay Proposes 10-Million-Ton Freight Railway Construction to Spanish Companies: On the 23rd (local time), in a meeting with business leaders from both nations held in Asunción, Paraguay's Minister of Ind ...; Yim Kwangsoo Correspondent 2025.07.25

Paraguay's Ministry of Agriculture and Livestock (MAG) Promotes Bell Pepper Cultivation for Small-Scale Producers… Expects Increased Farm Income and Strengthened Food Sovereignty: ASUNCIÓN, Paraguay – Paraguay's Ministry of Agriculture and Livestock (MAG) is actively encouraging the cultivation o ...; Yim Kwangsoo Correspondent 2025.07.25

Cheonan Institute of Science & Industry Promotion Accelerates Corporate Energy Efficiency Support with ‘On-site Energy Expert Training’: The Cheonan Institute of Science & Industry Promotion (Director Hwang Kyu-il) is recruiting companies to participate in its &l ...; HONG MOON HWA Senior Reporter 2025.07.22

Qatar Embarks on Construction of World's Largest 3D-Printed School: The Middle Eastern nation of Qatar is set to house the world's largest 3D-printed building, spanning the size of six football fiel ...; Graciela Maria Reporter 2025.07.20

Seongdong-gu Wins A' Design Award Platinum for 'Seongdong-type Smart Shelter', Elevating K-Administration Status: Seoul's Seongdong-gu's innovative future-oriented bus stop, the 'Seongdong-type Smart Shelter,' has won the highest honor, Platinu ...; Hwang Sujin Reporter 2025.07.20

Hanwha Ocean Secures KRW 2.2 Trillion LNG Dual-Fuel Container Ship Contract with Taiwan's Yang Ming Marine Transport: SEOUL, July 18, 2025 – Hanwha Ocean has once again demonstrated its competitiveness in the high-value-added vessel market by ...; KO YONG-CHUL Reporter 2025.07.18

Bucheon City Boosts Local Employment with "On-Site Recruitment Center on the Go": Bucheon City is stepping up its efforts to vitalize local employment by operating an "On-Site Recruitment Center on the Go," direc ...; Hwang Sujin Reporter 2025.07.17

Bucheon City Goes All Out for Global Investment Attraction at International e-Mobility Expo, Aims to Become a Future Mobility Hub: Bucheon City participated in the '12th International e-Mobility Expo', which successfully concluded in Seogwipo City, Jeju, from J ...; Hwang Sujin Reporter 2025.07.17

Chungnam Institute for Culture & Arts to Host 'New Content AI Festa': The Chungnam Institute for Culture & Arts (President Kim Gok-mi, hereinafter referred to as the Institute) will host the 'New ...; HONG MOON HWA Senior Reporter 2025.07.17

AFD Diversifies Portfolio by Strengthening Support for SMEs and Women-Led Businesses: ASUNCIÓN, Paraguay – The Financial Development Agency (AFD) of Paraguay is significantly diversifying its portfolio b ...; KO YONG-CHUL Reporter 2025.07.16