Global Economic Times

2026.03.22 (Sun)
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LG Energy Solution to Pivot Strategy: Boosting ESS and New Business Share to Mid-40% Range

(C) The Investor SEOUL – LG Energy Solution (LGES), a global leader in the battery industry, has announced a significant strategic shift aimed at diversifying its business portfolio. During t
BMW ‘The New i3’ Next-Gen EV: 900km Range

MUNICH — As the automotive world pivots toward a sustainable future, BMW has officially unveiled what may be the most pivotal vehicle in its century-long history: The New i3. Representing the se

Samsung Electronics Bets Big on AI Era with Record $83 Billion Investment Blitz

SEOUL – In a bold bid to cement its dominance in the burgeoning artificial intelligence (AI) landscape, Samsung Electronics announced on Thursday a record-breaking "Value-Up" plan, c

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AI Salary Premium in Korea Just 6%, Lagging Far Behind the US's 25%: (C) Seeking Alpha SEOUL — South Korea is facing an intensifying "AI talent drought," as domestic corporations, despite a ...; Desk 2025.12.06

South Korea Weighs 'Co-Design' for Next-Gen Destroyer (KDDX) Amidst Industry Rivalry: (C) Army Recognition SEOUL, South Korea – The Republic of Korea's Defense Acquisition Program Administration (DAPA) is acti ...; Kim Sungmoon Reporter 2025.12.05

NVIDIA Lobby Succeeds? U.S. Bill Expected to Drop AI Chip Export Restrictions: The so-called "GAIN AI Act"—a legislative proposal that would have required semiconductor companies to prioritize satisfying ...; Eunsil Ju Reporter 2025.12.05

Subaru Surges to Top Spot in Consumer Reports Annual Auto Brand Rankings; Korean Brands See Mixed Results: (C) Headlight.news LOS ANGELES — In the annual car brand ratings released by the influential U.S. consumer publication, Con ...; Sharon Yoon Correspondent 2025.12.05

Mobile ID and Payment Unified: 'PASS ID Payment' Service Launches: (C) SK텔레콤 South Korea’s three major mobile carriers—SK Telecom (017670), KT (030200), and LG Uplus (032640)—h ...; KO YONG-CHUL Reporter 2025.12.01

Hyundai E&C Shatters Records with First-Ever KRW 10 Trillion Mark in Urban Renewal Orders: Hyundai Engineering & Construction (Hyundai E&C) has achieved an unprecedented milestone in South Korea's urban renewal se ...; Desk 2025.12.01

South Korea Unveils 'K-Med': A Gigantic leap in Medical AI, Challenging Global Tech Giants: (C) Global Pricing Innovations SEOUL, South Korea — South Korea has entered the global race for advanced medical artifici ...; Global Economic Times Reporter 2025.11.29

55-Year Revival: 'Human Washing Machine' Dream Technology Finally Realized Lie down for 15 minutes to complete showering and drying...: (C) Spoon & Tamago The 'Human Washing Machine,' once presented as a blueprint for the future society half a century ago, ha ...; Hwang Sujin Reporter 2025.11.28

The Delivery Wars Intensify: Coupang Eats Triples Users on the Back of 'Free Delivery,' While Baemin and Yogiyo Decline: (C) KED Global SEOUL— The South Korean food delivery market is undergoing a dramatic reshaping, driven by aggressive memb ...; Global Economic Times Reporter 2025.11.25

Corporate Tax Surge: Samsung and SK Hynix Pay 9x More Amidst Chip Supercycle: (C) Nikkei Asia SEOUL — South Korea’s semiconductor giants, Samsung Electronics and SK Hynix, have reported a stagg ...; KO YONG-CHUL Reporter 2025.11.24

Genesis Unveils GV60 Magma: First Step into Luxury High-Performance Sector: Genesis, the luxury brand of Hyundai Motor Group, has officially accelerated its entry into the high-performance luxury segment wi ...; KO YONG-CHUL Reporter 2025.11.21

South Korea's DAPA Launches Performance Upgrade for Jangbogo-II (Son Won-il Class) Submarines: The Defense Acquisition Program Administration (DAPA) announced on November 20th that it is officially commencing the performance ...; Global Economic Times Reporter 2025.11.20

Enhanced HACCP Standards: From Lunch Boxes to Snacks, Strict Hygiene is Paramount: The Ministry of Food and Drug Safety (MFDS) of South Korea announced on November 20, 2025, that it is providing 'Correct HACCP Man ...; Kim Sungmoon Reporter 2025.11.20

Guro Picnic Garden Draws 5,500 Visitors in Six Months, Emerging as a Key Riverside Landmark: SEOUL, Nov. 20 — Guro-gu, Seoul, announced on Wednesday that the 'Guro Picnic Garden,' located along the banks of the Anyang ...; Global Economic Times Reporter 2025.11.20

Streaming Revolution: TVING, Disney+, and Wavve Launch First-Ever 3-in-1 Subscription in Korea: SEOUL — A monumental shift is underway in the South Korean over-the-top (OTT) streaming market. Local powerhouse TVING has a ...; Global Economic Times Reporter 2025.11.19

South Korea's Era of Localism Expo Kicks Off in Ulsan, Charting Future Course for Balanced Growth: Ulsan, South Korea – The '2025 Era of Localism Expo,' a major event dedicated to discussing balanced growth and sustainable ...; Global Economic Times Reporter 2025.11.19

SK Hynix Earnings Forecast Soars: Kiwoom Securities Raises Target Price to KRW 730,000: Kiwoom Securities announced a significant upgrade to its outlook for SK Hynix on November 19, 2025, raising the chipmaker's 2026 o ...; Global Economic Times Reporter 2025.11.19

EU Accelerates 'Battery Independence' with Multi-Trillion Won Public Fund Injection: (C) LG Energy Slution The European Union (EU) is accelerating its drive for battery independence by allocating a massive € ...; Graciela Maria Reporter 2025.11.19

South Korea Joins 'Powering Past Coal Alliance,' Pledges Halt to New Coal Plants: (C) France24 South Korea has officially joined the Powering Past Coal Alliance (PPCA), an international coalition urging a swif ...; Global Economic Times Reporter 2025.11.18

Massive Fire Engulfs E-Land Fashion Logistics Center in Cheonan, Causing Major Shipping Delays: (C) LatetLY CHEONAN, South Chungcheong Province – A major fire erupted at the E-Land Fashion logistics center in Cheonan ...; Hwang Sujin Reporter 2025.11.16

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