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

Korean Researchers Develop AI Model That Can Control Lighting Effects in Photos and Videos With Text Input: A research team at the Ulsan Institute of Science and Technology (UNIST) in South Korea has developed an artificial intelligence ( ...; Hwang Sujin Reporter 2025.02.23

Ulsan City to Trademark Tap Water 'Goraesu' and Build Bottling Facility: Ulsan City is moving forward with plans to trademark its tap water as 'Goraesu' and establish a facility to bottle it. The 'Gorae ...; Hwang Sujin Reporter 2025.02.22

LG Display Achieves Record OLED Sales Proportion, Eyeing Profitability in 2025: SEOUL – LG Display, a leading innovator in display technology, announced on February 22nd that its organic light-emitting di ...; Global Economic Times Reporter 2025.02.22

Trump's 25% Tariff Threat Puts South Korean Auto Industry on Edge: Seoul - The South Korean auto industry is on high alert after former US President Donald Trump mentioned a 25% tariff on imported ...; Yim Kwangsoo Correspondent 2025.02.21

Samsung Electronics Employees' Average Annual Salary Estimated to Be Around ₩128 Million: Seoul, South Korea – According to a recent analysis by the corporate analysis firm Korea CXO Institute, the average annual s ...; KO YONG-CHUL Reporter 2025.02.21

Renault Korea's Grand Koleos Named '2025 SUV of the Year': Renault Korea announced on the 21st that its mid-sized SUV, the Grand Koleos, was named '2025 SUV of the Year' at the '2025 Korea ...; Desk 2025.02.21

KG Mobility Unveils Hybrid Technology for Upcoming Torres SUV: SEOUL – KG Mobility (KGM) has released details about the hybrid technology that will power its upcoming Torres SUV. The comp ...; Yim Kwangsoo Correspondent 2025.02.21

Volvo to Unveil ES90, its Next-Generation Electric Flagship Sedan, on March 5: Volvo Cars has revealed key technological details of its highly anticipated next-generation electric flagship sedan, the Volvo ES9 ...; Yim Kwangsoo Correspondent 2025.02.21

Mercedes-Benz Korea Unveils the All-New Mercedes-AMG SL 43 Roadster: SEOUL – Mercedes-Benz Korea has officially launched the latest addition to its lineup of luxury roadsters, the Mercedes-AMG ...; KO YONG-CHUL Reporter 2025.02.21

Daejeon City Accelerates Implementation of Space and Aviation Regulatory Free Zone Demonstration: Daejeon City held a Regulatory Free Zone Demonstration Item Deliberation Committee on the 14th to establish a specific demonstrati ...; HONG MOON HWA Senior Reporter 2025.02.21

Chungcheongnam-do to Establish Drone Park in Nonsan: Nonsan, South Korea – Chungcheongnam-do province has announced plans to establish a drone park in Nonsan to boost the local ...; HONG MOON HWA Senior Reporter 2025.02.21

Gyeongin Expressway Underground Project to Boost Real Estate Market in Incheon and Seoul: The recent approval of the preliminary feasibility study for the Gyeongin Expressway underground project is expected to bring posi ...; Min Gyu Mi Reporter 2025.02.21

Panamanian Construction Sector Seeks Extension of Preferential Interest Law: PANAMA CITY – The Panamanian Chamber of Construction (Capac) recently convened a meeting with housing promoters and develope ...; Ana Fernanda Reporter 2025.02.21

Vietnam Boosts Legal Support for SMEs in 2025: HANOI — The Ministry of Industry and Trade (MoIT) has unveiled a support plan for small and medium-sized enterprises (SMEs) ...; Ana Fernanda Reporter 2025.02.21

HMM Emerges as Frontrunner in SK Shipping's Partial Asset Acquisition: Seoul, South Korea – HMM Co., Ltd. [011200] has been identified as the preferred bidder for the acquisition of select busine ...; Desk 2025.02.20

Despite Economic Slowdown, Ad Agencies Affiliated with Major Conglomerates Enjoy Record Profits: SEOUL – Major advertising agencies affiliated with South Korea's largest conglomerates, such as Samsung and Hyundai, have an ...; Desk 2025.02.20

Cotton Prices Plummet, Impact on the Apparel Industry?: Cotton prices are plummeting due to increased production in major cotton producing areas around the world and decreased demand for ...; Ana Fernanda Reporter 2025.02.19

China's Halt on Lithium Adsorbent Exports: A New Chess Move in the Global Lithium Race: In a move that sent ripples throughout the global lithium industry, China has reportedly halted exports of lithium adsorbents, key ...; Ana Fernanda Reporter 2025.02.19

South Korea's Government to Tackle Housing Market Slump with Unsold Apartment Purchases: SEOUL – In a bid to revitalize the country's struggling construction sector, South Korea's government is considering a plan ...; Desk 2025.02.19

Vietnam's Post-Tết Labor Market Sees Surge in Recruitment Demand: Hanoi, Vietnam – Following the Tết (Lunar New Year) holiday, Vietnam's labor market is experiencing a surge in recruitment d ...; ONLINE TEAM 2025.02.18