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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LG to Showcase New Plant-Growing Appliances at CES 2025: Seoul, South Korea – LG Electronics announced today that it will unveil two new concept designs for its plant-growing applia ...; Desk 2024.12.26

Samsung to Unveil Eco-Friendly Home Heating System at CES 2025: Seoul, South Korea – Samsung Electronics announced today that it will unveil its Eco Heating System (EHS) at the upcoming Co ...; Desk 2024.12.26

AI-Generated Reviews Flood Online Marketplaces, Blurring the Lines Between Genuine and Fake: The rise of AI-powered tools capable of generating highly detailed, original online reviews with minimal effort has thrust busines ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Oudomxay Province Grants Private Company Bamboo Concession Rights: Oudomxay, Laos - On December 20th, Oudomxay Province signed a concession agreement with Ammata Lao Lanexang Co., Ltd., a private c ...; Graciela Maria Reporter 2024.12.25

Saudi Arabia's Non-Oil Exports Surge 12.7% Amidst Economic Diversification Drive: RIYADH - Saudi Arabia's non-oil exports saw a significant 12.7% year-on-year increase in October, reaching SR25.38 billion ($6.76 ...; Pedro Espinola Special Correspondent 2024.12.25

South Korea Launches New Hotline for AI-Related Harms: Seoul, South Korea – The Ministry of Science and ICT (MSIT) and the Korea Internet & Security Agency (KISA) have jointly ...; Eugenio Rodolfo Sanabria Reporter 2024.12.25

Safest Cars in Korea: Kia EV3, Volvo S60, Mercedes-Benz E200 Top the List: Seoul, South Korea – The Ministry of Land, Infrastructure and Transport, along with the Korea Transportation Safety Authorit ...; KO YONG-CHUL Reporter 2024.12.25

Public Transport Discounts Extended for Six More Months: Madrid, Spain – The Spanish government has announced a six-month extension of public transport discounts, effective from tom ...; Graciela Maria Reporter 2024.12.24

Honda and Nissan to Merge in Bid to Compete with Tesla: Tokyo, Japan – Japanese automakers Honda and Nissan announced on Monday plans to merge, forming the world's third-largest au ...; ONLINE TEAM 2024.12.24

Cyber Threats Pose Growing Danger to South Korean SMEs: Seoul, South Korea – The frequency of cyberattacks in South Korea is on the rise, with small and medium-sized enterprises (S ...; Desk 2024.12.23

LH Rushes to Meet Housing Construction Goal, Raises Concerns Over Paperwork-Only Completions: Seoul, South Korea – The Korea Land and Housing Corporation (LH) has managed to meet its target of starting construction on ...; Desk 2024.12.23

South Korea Faces Export Challenges Amidst Global Uncertainty: Seoul, South Korea – South Korea's export-driven economy is facing significant headwinds as global uncertainties mount, coup ...; Desk 2024.12.22

South Korea Boosts Export Voucher Program to Aid SMEs: South Korea’s government is set to significantly expand its Export Voucher program in the coming year, aiming to provide mor ...; Hwang Sujin Reporter 2024.12.22

GS Construction Pioneers Onshore Salmon Farming in South Korea: GS Construction has made a significant stride in sustainable aquaculture by successfully completing the construction of South Kore ...; Global Economic Times Reporter 2024.12.22

Kia Unveils Compact SUV 'Syros' in India, Targeting Emerging Markets: Kia Corporation, a leading automotive manufacturer, has made a significant stride in the global compact SUV market with the launch ...; KO YONG-CHUL Reporter 2024.12.22

Cuba's Rice Crisis: A Centuries-Long Struggle: Havana, Cuba – For Cubans, putting rice on the table has become a daily struggle that few can overcome, especially in recent ...; Eugenio Rodolfo Sanabria Reporter 2024.12.22

Colombia Greenlights Deepest Offshore Drilling Project: Santa Marta, Colombia – Colombia’s National Environmental Licensing Authority (ANLA) has given the final go-ahead for ...; Ana Fernanda Reporter 2024.12.22

Peru's Tourism Industry Booms, Driven by Asia and Domestic Travel: Lima, Peru – Peru's tourism sector is experiencing a remarkable resurgence, with international visitor arrivals surging by 3 ...; Global Economic Times Reporter 2024.12.22

Peruvian Airports See 15% Passenger Increase: Lima, Peru – Peru’s airports have experienced a significant surge in passenger traffic, with a 15% increase recorded b ...; Eugenio Rodolfo Sanabria Reporter 2024.12.22

RGL and EGT Launch Innovative Gaming Machine in Puerto Rico: San Juan, Puerto Rico – Royal Gaming Logistics (RGL) and European Gaming Technologies (EGT) have unveiled their latest gamin ...; Ana Fernanda Reporter 2024.12.19