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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K-Content Hits Record Highs: $140 Billion in Exports and ₩157 Trillion in Sales in 2024: (C) Youtube SEOUL – South Korea’s cultural content industry, widely known as "K-Content," has reached an unpreceden ...; Shin Yeju 2026.03.01

IT Telecom Clinches V2X Supply Deal for New York State Autonomous Driving Project: (C) embedUR SEOUL, South Korea – IT Telecom, a leading South Korean developer of connected vehicle technologies, has offi ...; Eunsil Ju Reporter 2026.03.01

Incheon Port’s Used Car Exports Plunge for Two Consecutive Months Amid Tightening Global Regulations: INCHEON — Incheon Port, South Korea’s primary gateway for secondhand vehicle exports, is facing a significant downturn ...; Min Gyu Mi Reporter 2026.03.01

Samsung and SK Hynix Hike Board Compensation Amid Record HBM Boom; Q1 Profits Expected to Hit ₩60 Trillion: SEOUL — South Korea’s semiconductor giants, Samsung Electronics and SK Hynix, are significantly increasing compensatio ...; JEONG CHAN MYEONG Senior Reporter 2026.02.28

Hyundai Motor Group Ignites $6.7 Billion Future Tech Hub in Saemangeum: A Milestone for South Korea’s Green Transition: GUNSAN, South Korea – In a historic move that signals a paradigm shift for South Korea’s industrial landscape, Hyundai ...; KO YONG-CHUL Reporter 2026.02.28

AI Agents Take Center Stage: Solving 74% of Inquiries as Adoption Sweeps E-Commerce, Aviation, and Law: (C) Master of Code SEOUL — The era of "Agentic AI" has officially moved from experimental pilot programs to mission-criti ...; Hwang Sujin Reporter 2026.02.27

Hyundai Motor Group Targets Humanoid Hegemony: 150,000 'Atlas' Units by 2029: (C) Autopost SEOUL — Hyundai Motor Group (HMG) has officially shifted its robotics ambitions into high gear. In a strateg ...; Global Economic Times Reporter 2026.02.27

Hyundai IONIQ 9 Dominates 2026 Car of the Year Awards with Historic Triple Crown: (C) Ken Garff Hyundai Downtown SEOUL — The Korea Automobile Journalists Association (KAJA) officially announced the winne ...; KIM YOUNG MIN 2026.02.26

Lotte’s Grand Return and Hyundai’s Fierce Pursuit: A ‘Tectonic Shift’ Begins at Incheon Airport Duty-Free: (C) Malls.com INCHEON, South Korea — The landscape of the duty-free industry at Incheon International Airport, the primar ...; Desk 2026.02.26

South Korean Researchers Crack the Code for "Dream Battery": Solving Lifespan and Fire Risks: (C) Aviation International News SEOUL — A joint South Korean research team has announced a breakthrough in next-generatio ...; KIM YOUNG MIN 2026.02.25

FTC Chief Calls for Steeper Flour Price Cuts Amid Price-Fixing Allegations: SEOUL – Ju Byung-ki, the Chairperson of the Korea Fair Trade Commission (FTC), issued a stern warning to the nation’s ...; HONG MOON HWA Senior Reporter 2026.02.23

K-Food Giants Enter the ‘500 billion Won Club’: 8 Global Mega Brands Leading the Charge: SEOUL — The global landscape of the food industry is witnessing a seismic shift as South Korean food enterprises solidify th ...; Hwang Sujin Reporter 2026.02.23

S. Korea’s Mid-February Exports Hit Historic High Amid AI-Driven Semiconductor Surge: SEOUL — South Korea’s export performance reached a record-breaking milestone in the first 20 days of February, propell ...; Desk 2026.02.23

Hyundai Motor Group to Launch ‘RH’ Project in Saemangeum: A Multi-Billion Dollar Leap into Robotics and Hydrogen: SEOUL — Hyundai Motor Group (HMG), under the leadership of Executive Chair Euisun Chung, is set to transform the Saemangeum ...; KO YONG-CHUL Reporter 2026.02.23

KFTC Launches Deliberation on Flour Cartel: 7 Major Firms Face Potential $850 Million Fine: SEOUL – The Korea Fair Trade Commission (KFTC) has officially concluded its investigation and commenced deliberation on a su ...; KO YONG-CHUL Reporter 2026.02.21

Incheon Songdo Emerging as World’s Largest Bio-Manufacturing Hub: INCHEON — The Incheon Free Economic Zone (IFEZ) Authority announced on Wednesday that Songdo International City’s biop ...; Min Gyu Mi Reporter 2026.02.19

Incheon Metro Line 3 Route Confirmed: Dong-gu Included in Major Transit Expansion: INCHEON – The landscape of public transportation in Incheon’s historic core is set for a dramatic transformation. On F ...; Min Gyu Mi Reporter 2026.02.19

The "Betrayal" of US Beef: Record-High Prices Hit South Korean Dinner Tables: (C) The Hill SEOUL — For years, South Korean consumers turned to American beef as a cost-effective alternative to the pro ...; Yim Kwangsoo Correspondent 2026.02.16

K-Shipbuilding Faces $24 Billion Opportunity as U.S. Unveils Massive Naval Budget: (C) Maritime Gateway SEOUL – South Korea’s leading shipbuilders, including Hanwha Ocean and HD Hyundai Heavy Indust ...; Desk 2026.02.16

The Era of "Bigger is Better": K-Shipbuilders Gear Up for Qatar’s Massive LNG Expansion: (C) ISSUU SEOUL — The global shipbuilding industry is bracing for a seismic shift as QatarEnergy, the state-owned energy ...; Yim Kwangsoo Correspondent 2026.02.15

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