Global Economic Times

2026.08.12 (Wed)
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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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Costa Serena Sets Sail from Incheon, Marking a Resurgence in Cruise Tourism: Incheon, South Korea – The Costa Serena, a 114,000-ton cruise ship operated by Italy's Costa Cruises, made a grand departure ...; KO YONG-CHUL Reporter 2025.01.06

Korean Healthcare Manufacturers Post Strong Q2 Results: Seoul, South Korea – The Korean healthcare manufacturing industry continued its upward trajectory in the second quarter of 2 ...; ONLINE TEAM 2025.01.06

FDA Modernizes Drug Approval and Management System: Seoul, South Korea – The Ministry of Food and Drug Safety (MFDS) announced on [date] a significant overhaul of its drug appr ...; Desk 2025.01.06

LG Electronics Leads in AI Robot Patent Race: Seoul, South Korea – LG Electronics is emerging as a frontrunner in the rapidly growing artificial intelligence (AI) robot m ...; KO YONG-CHUL Reporter 2025.01.05

Game Industry Workers in South Korea Face Overwhelming Workloads: Seoul, South Korea – South Korea's gaming industry, once a beacon of innovation, is facing a growing crisis as employees gra ...; Desk 2025.01.05

LG Unveils MX Platform at CES 2025, Transforming Cars into Personalized Living Spaces: Las Vegas, Nevada – LG Electronics has unveiled its groundbreaking "MX Platform" at the Consumer Electronics Show (CES) 2025 ...; Graciela Maria Reporter 2025.01.02

Incheon Launches Affordable Ferry Service for Residents: Incheon, South Korea – In a groundbreaking move to boost tourism and enhance accessibility, Incheon City has introduced the ...; KO YONG-CHUL Reporter 2025.01.02

Samsung Unveils Innovative Monitor Lineup at CES 2025: Las Vegas, Nevada – Samsung Electronics today announced its latest lineup of monitors, set to be showcased at the upcoming C ...; ONLINE TEAM 2025.01.02

Incheon Free Economic Zone Authority Approves Construction of Seoul Asan Cheongra Hospital: Incheon, South Korea – The Incheon Free Economic Zone Authority announced today that it has approved the construction of Seo ...; Global Economic Times Reporter 2025.01.02

Seoul's Apartment Prices Stall Amidst Regulatory Tightening and Political Uncertainty: Seoul, South Korea – Seoul's red-hot apartment market has finally cooled down after a 10-month surge that began in March of ...; Desk 2025.01.02

Iran Protests Afghanistan's Pashdan Dam Construction on Harirud River: Tehran, Iran – Iran has strongly objected to Afghanistan's construction of the Pashdan Dam on the Harirud River, citing conc ...; Graciela Maria Reporter 2025.01.01

Iran's Mining Sector Shows Resilience Amidst Economic Challenges: Tehran, Iran – Iran's mining sector continues to demonstrate resilience, with exports reaching $8.8 billion in the first eig ...; Global Economic Times Reporter 2025.01.01

Tanzania Triumphs: Standard Gauge Railway Transforms Nation: Dar es Salaam, December 31, 2024 - As 2024 draws to a close, Tanzania celebrates a momentous achievement: the completion and launc ...; Hee Chan Kim Reporter 2025.01.01

Portugal Tourist Overnight Stays Surge in November: Lisbon, December - Portugal's tourism sector continues to thrive, with overnight stays in tourist accommodation increasing by 4.1% ...; Ana Fernanda Reporter 2025.01.01

South Korea's Top Refineries Invest in Future Talent Amid Industry Transformation: SEOUL, South Korea – South Korea's four largest oil refineries are ramping up efforts to recruit and develop talent, signali ...; ONLINE TEAM 2025.01.01

LG Unveils AI-Powered Signature Appliances at CES 2025: Las Vegas, NV – LG Electronics showcased its latest lineup of premium Signature appliances at the Consumer Electronics Show ...; Global Economic Times Reporter 2025.01.01

Jeollabuk-do Apartment Prices Plunge Amidst Rising Interest Rates and Political Uncertainty: Jeonju, South Korea – Apartment prices in Jeollabuk-do province have been on a continuous decline for five consecutive weeks ...; Global Economic Times Reporter 2025.01.01

New Expressway to Boost Connectivity in Yongin: Yongin, South Korea – A major new transportation artery, the Sejong-Pocheon Expressway, is set to open on January 1st, revol ...; Desk 2025.01.01

Nostalgic Gyeonggi Line to Resume Operations After 20 Years: After a 20-year hiatus, the nostalgic Gyeonggi Line, connecting Goyang, Yangju, and Uijeongbu in northern Gyeonggi Province, is se ...; Desk 2025.01.01

Decades-Long Legal Battle Over Hot Spring Clears Way for Urban Development in Ansan: Ansan, South Korea – A protracted legal dispute over a hot spring that has stalled the development of a 80,000 square-meter ...; Desk 2025.01.01