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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Daedong Ushers in the Era of 'Agricultural Field Robots' with Korea’s First AI Tractor: SEOUL — Daedong (Co-CEOs Kim Joon-shik and Won Yu-hyun) announced on April 9th the official launch of South Korea’s fi ...; KIM YOUNG MIN 2026.04.09

Middle East Risks Expose Logistics Vulnerabilities: The Rising Imperative for South Korea’s Participation in IMEC: SEOUL — The recent blockade of the Strait of Hormuz, triggered by escalating Middle East conflicts, has sent shockwaves thro ...; Kim Sungmoon Reporter 2026.04.09

Beyond Instant Noodles: South Korea Launches ‘Global NEXT K-Food Project’ to Cultivate the Next Export Giant: SEOUL – Following the unprecedented global success of "Ramyeon" (instant noodles), the South Korean government is setting it ...; Global Economic Times Reporter 2026.04.09

BYD Hits 10,000-Unit Milestone in South Korea Within One Year, Eyes Exclusive "10,000 Club" Entry: (C) BYD USA SEOUL — BYD Korea has achieved a historic milestone in the South Korean automotive landscape, surpassing 10,000 ...; Hwang Sujin Reporter 2026.04.08

Celltrion Targets $100 Billion Metabolic Disease Market with "Two-Track" Strategy for Diabetes and Obesity: (C) Pharmaceutical Executive INCHEON, South Korea — Celltrion is aggressively pivoting toward the global metabolic diseas ...; Desk 2026.04.08

From PC Communication to Global Phenomenon: Nexon’s ‘Kingdom of the Winds’ Celebrates 30 Years of Online Gaming History: SEOUL — Nexon’s flagship title, The Kingdom of the Winds (Baram-ui Nara), has officially marked its 30th anniversary, ...; Global Economic Times Reporter 2026.04.06

K-Pharma "Big 4" Challenge Novartis' Dominance: Battle for the $60M Heart Failure Market Begins: SEOUL — A fierce competition is igniting in the domestic pharmaceutical industry as South Korea’s leading drugmakers&m ...; KO YONG-CHUL Reporter 2026.04.06

"Galaxy Able" Instead of Buds? Samsung Rumored to Be Developing a Brand-New Type of Earbuds: Recent sightings of a mysterious new product in Samsung Electronics’ wireless audio lineup have sparked significant industry ...; Global Economic Times Reporter 2026.04.04

Tesla Dominates March Import Car Market; BMW Targets Rebound with "The New iX3": Tesla Smashes Records, Surpassing 10,000 Units in a Single MonthThe battle for the top spot in the Korean imported car market is i ...; Global Economic Times Reporter 2026.04.04

Kakao Mobility Goes All-In on Autonomous Driving with Record-High R&D Investment: SEOUL – Kakao Mobility is aggressively pivoting toward the "in-house" development of autonomous driving technology. By rampi ...; KO YONG-CHUL Reporter 2026.04.04

K-Shipbuilding Surges in Q1, Surpassing 20% of Annual Targets Amid Geopolitical Tensions: SEOUL — South Korea’s shipbuilding industry is off to a strong start in 2026, surpassing 20% of its annual order targe ...; Global Economic Times Reporter 2026.04.04

Samsung’s Taylor Fab Enters "Setup Mode": 3,000 Global Engineers Converge on Texas: (C) WCCFTech Samsung Electronics has officially transitioned from the construction phase to the critical "setup" phase—th ...; Graciela Maria Reporter 2026.04.02

Kia Motors Sweeps "Manufacturer of the Year" at 2026 TopGear EV Awards: In a definitive moment for the global automotive industry, Kia has been crowned "Manufacturer of the Year" at the prestigious 2026 ...; Eugenio Rodolfo Sanabria Reporter 2026.04.02

The Great Bio-Divide: China Dominates Global Tech Exports as Korea Struggles to Keep Pace: (C) News Eastern Outlook SEOUL — The global pharmaceutical landscape is undergoing a tectonic shift, and the first quarte ...; KO YONG-CHUL Reporter 2026.04.02

Search Solution Industry: Overcoming Growing Pains to Leap Forward via AX: (C) Property Access Domestic software companies that have long dominated the enterprise and institutional search solution marke ...; Desk 2026.04.02

“Radar Technology is National Power”: Nexwil Emerges as a Key Player in K-Defense Technology: DAEJEON — In the rapidly evolving landscape of global defense, a specialized South Korean firm is proving that the backbone ...; Kim Sungmoon Reporter 2026.04.01

GIST Researchers Develop Next-Generation EV Battery: Full Charge in 12 Minutes with Enhanced Safety: GWANGJU — A research team at the Gwangju Institute of Science and Technology (GIST) has announced a breakthrough in lithium- ...; Yim Kwangsoo Correspondent 2026.04.01

S. Korea to Launch Government-Backed 'K-Brand' Certification to Combat Global Counterfeiting: SEOUL — The South Korean government has announced a decisive shift in its strategy to protect national intellectual property ...; Desk 2026.04.01

Egypt: The Rebirth of Wine’s Origins in an Ancient Civilization: (C) West wall of the Tomb of Nakht Egypt is widely known among Koreans as a land of ancient wonders—home to the Sphinx, t ...; LEE YEON SIL Reporter 2026.04.01

Gmarket to Launch New ‘KKOK’ Membership on April 23: Joining the E-Commerce ‘Rewards War’: SEOUL – Gmarket, a leading South Korean e-commerce giant, is set to shake up the market with the launch of its new paid subs ...; Kim Sungmoon Reporter 2026.03.30

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