Global Economic Times

2026.08.12 (Wed)
All articles

LOGIN
JOIN

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

Industry

Search: 1,970

Tobacco Season Opens with High Prices, Promising Prosperity for Farmers: Philippines – The 2024–2025 tobacco crop season has officially commenced, with the National Tobacco Administration (NT ...; KO YONG-CHUL Reporter 2025.03.15

South Korea's Import Prices Drop After Five Months, Driven by Lower Oil Prices and Exchange Rates: Seoul, South Korea – South Korea's import prices experienced a decline in February, marking the first drop in five months, p ...; Global Economic Times Reporter 2025.03.15

eBay Japan Aims to Foster 120 K-Beauty Companies Worth $22 Billion in Three Years: Koo Ja-hyun, CEO of eBay Japan, unveiled an ambitious project to cultivate 20 K-beauty companies valued at 100 billion yen (approx ...; Yim Kwangsoo Correspondent 2025.03.15

Mercedes-Benz Unveils Next-Generation CLA: A Leap in AI and Electric Mobility: Mercedes-Benz has set a new benchmark in the compact sedan segment with the world premiere of the all-new CLA on September 13, 202 ...; Hwang Sujin Reporter 2025.03.15

SkyIntelligence and POP Collaborate on AI-Driven Fashion Trend Model: Shanghai, China – SkyIntelligence, a leader in 3D modeling and generative AI content creation, has announced a partnership w ...; Desk 2025.03.15

Hyundai Steel Enters Emergency Management Amidst Mounting Challenges: Hyundai Steel, a major player in the South Korean steel industry, has declared an emergency management system in response to a con ...; KO YONG-CHUL Reporter 2025.03.15

Moroccan Superapp ORA Technologies Secures $1.9 Million in Pre-Series A Funding, Fueling Fintech Growth: Casablanca, Morocco – ORA Technologies, a leading Moroccan superapp developer, has announced a significant $1.9 million pre- ...; Graciela Maria Reporter 2025.03.14

NEA Director-General Advocates for Nuclear Energy Development in Mongolia: ULAANBAATAR, Mongolia – William D. Magwood, IV, Director-General of the Nuclear Energy Agency (NEA), recently concluded a tw ...; Global Economic Times Reporter 2025.03.14

South Korea and Mongolia Forge Stronger Ties in Rare Metal Supply Chains: Seoul, South Korea – March 12, 2024 – The Ministry of Trade, Industry and Energy of South Korea and Mongolia have soli ...; Desk 2025.03.14

Trump's Steel and Aluminum Tariffs: A Double-Edged Sword for Mexico: Washington D.C. – Former U.S. President Donald Trump's decision to impose sweeping 25% tariffs on all steel and aluminum imp ...; Hannah Yeh Reporter 2025.03.14

Malaysia Braces for Surge of Up to 400,000 Muslim Tourists This Ramadan: KUALA LUMPUR – Malaysia is preparing to welcome a significant influx of Muslim tourists this Ramadan, with projections estim ...; Pedro Espinola Special Correspondent 2025.03.14

Malaysia Launches Major Tourism Drive in Guangzhou to Woo Chinese Visitors for VM2026: Guangzhou, China – Tourism Malaysia has reignited its efforts to attract Chinese tourists with a landmark consumer event in ...; KO YONG-CHUL Reporter 2025.03.14

Paraguay and El Salvador Forge Alliance to Tighten Reins on Digital Asset Services: Asunción & San Salvador - In a move to bolster oversight and regulation of Digital Asset Service Providers (DASPs), Par ...; Yim Kwangsoo Correspondent 2025.03.13

Paraguay Launches $400 Million Project to Combat Hazardous Waste and Boost Recycling: Paraguay is embarking on a comprehensive, five-year project valued at $400 million to significantly reduce hazardous waste and exp ...; Graciela Maria Reporter 2025.03.13

Paraguay's Hirona S.A. Revolutionizes River Transport with Cutting-Edge "Veronica V" Tugboat: ASUNCIÓN, Paraguay – Hirona S.A. - Rio Sur Transport and Logistics, a cornerstone of Paraguay's maritime and logistic ...; Graciela Maria Reporter 2025.03.13

Paraguay's Maquila Industry Celebrates 25 Years of Growth, Eyes Global Expansion: Asunción, Paraguay – The Paraguayan Chamber of Maquila Industries (CEMAP) is set to commemorate its 25th anniversary ...; Ana Fernanda Reporter 2025.03.13

Paraguay Aims to Modernize Industrial Park Regulations by Benchmarking Argentina's Success: The Paraguayan Ministry of Industry and Commerce (MIC) is actively pursuing the modernization of its industrial park regulations b ...; Eugenio Rodolfo Sanabria Reporter 2025.03.13

South Korea's Joint Housing Official Prices Rise 3.65%... Seoul's Increase More Than Double the National Average: This year, the average official price of joint housing has risen by 3.65% compared to last year. Although the apartment official p ...; Desk 2025.03.13

Doosan Enerbility Secures $1.65 Billion Contract for Saudi Arabian Gas-Fired Power Plants: Seoul, South Korea – March 13, 2025 – Doosan Enerbility has announced the signing of a significant contract valued at ...; KO YONG-CHUL Reporter 2025.03.13

South Korea Vows Swift Action on Housing Market Surge, Threatens Reinstatement of Land Transaction Permit Zones: Seoul, South Korea – In a concerted effort to stabilize the housing market, the South Korean government and the Seoul Metrop ...; ONLINE TEAM 2025.03.13