Industry - Global Economic Times

2026.11.11 (Wed)
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Hyundai Motor Deepens Tech Alliances with Samsung and Nvidia to Pioneer the Physical AI Era

SEOUL — South Korea’s industrial landscape is witnessing a profound transformation as traditional manufacturing giants forge tight-knit technology alliances. Building upon high-profile lea
Gimhae Airport Smashes 10 Million International Passenger Milestone Ahead of Schedule

BUSAN — Gimhae International Airport has reached a historic milestone, with total passenger traffic surpassing 15 million and international travelers exceeding 10 million between January and Oct

Rising Demand for Japan Routes Sparks Debate Over Busan-Haneda Regular Flights

SEOUL — South Korea's aviation sector continues to ride a wave of robust travel demand to Japan, with passenger volume outpacing flight capacity expansions and repeatedly setting historic re

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Intradeco Holdings Powers Up El Salvador with Solar Energy and Community Development: Apopa, El Salvador – Intradeco Holdings, a leading global apparel manufacturer, has announced the completion of Phase 2 of i ...; Eugenio Rodolfo Sanabria Reporter 2025.02.14

Cheonan's Signature 'Sky Green Melon' Makes Its First Planting of the Year: Cheonan, South Korea – The Cheonan Agricultural Technology Center announced on February 10th that the first 4,400 seedlings ...; HONG MOON HWA Senior Reporter 2025.02.14

Ulsan to Welcome Its First Urban Railway: A New Era for the Real Estate Market: Ulsan, the only metropolitan city in South Korea without a subway system, is set to undergo a significant transformation with the ...; Min Gyu Mi Reporter 2025.02.14

South Korean Construction Industry Faces Mounting Financial Challenges: SEOUL – The South Korean construction industry is facing a growing financial crisis due to a combination of factors, includi ...; Min Gyu Mi Reporter 2025.02.14

Korean Scientists Develop Gene Chip for Native Chicken and Duck Breeds: Seoul, South Korea – The Rural Development Administration (RDA) has announced the development of a new gene chip that contai ...; Desk 2025.02.13

Jeonbuk to Become Hub for Renewable Energy with Massive Offshore Wind Farm: Jeonju, South Korea – Jeonbuk Province is poised to become a leader in renewable energy with the development of a 1.4 gigawa ...; Yim Kwangsoo Correspondent 2025.02.13

Netmarble Updates 'Tower of God: New World' with New Characters and Events: Netmarble has announced an update to their collection-based anime RPG, 'Tower of God: New World', introducing two new characters: ...; ONLINE TEAM 2025.02.13

K-Beauty's Global Appeal Fuels M&A Frenzy: Seoul, South Korea – The Korean beauty (K-beauty) industry is experiencing an unprecedented wave of mergers and acquisitions ...; Hwang Sujin Reporter 2025.02.13

Nexen Tire Develops Tire with 70% Sustainable Materials: Seoul, South Korea – Nexen Tire announced on February 12th that it has successfully developed a tire with 70% sustainable ma ...; Desk 2025.02.12

Samsung Electronics Partners with Yoochang E&C to Expand AI Smart Modular Building Market: Samsung Electronics is joining forces with Yoochang E&C, South Korea's largest modular building manufacturer, to expand the AI ...; Desk 2025.02.12

Gyeonggi-do Housing Market Freezes Over Since New Year... Concerns Over Prolonged Contraction Due to Possible Early Presidential Election: The Gyeonggi-do housing market has frozen over since the new year. It has been found that the number of private apartments for sal ...; Hwang Sujin Reporter 2025.02.12

Aiden Robotics Selected for Samsung's C-Lab Outside Program: Aiden Robotics, a company specializing in robot sensors, has been selected for Samsung Electronics' startup incubation program, C- ...; ONLINE TEAM 2025.02.12

Incheon International Airport expected to reach capacity in 2033... Urgently need to promote the 5th phase expansion project: It is argued that the '5th phase expansion project' to build the 3rd passenger terminal and the 5th runway should be expedited as ...; Hwang Sujin Reporter 2025.02.12

SMBA Incheon to Invest 174.1 Billion Won in SME Support in 2025: INCHEON – The Incheon Regional Headquarters of the Small and Medium Business Administration (SMBA) announced that it will in ...; Min Gyu Mi Reporter 2025.02.12

Trump's Tariff Threat Rattles Korean Industry: Following President Trump's announcement of a 25% tariff on steel and aluminum products, the possibility of additional tariffs on ...; Desk 2025.02.12

Tesla's Bold Bet in China: A New Megafactory Amidst Trade Tensions: Tesla has officially launched its first overseas Megafactory in Shanghai, China, marking a significant milestone in the company's ...; Sharon Yoon Correspondent 2025.02.12

Spacebay, a Korean satellite separation system and launch service provider, has partnered with German launch service provider Exolaunch to enter the small satellite commercial launch service market.: Spacebay, founded in 2017 by a researcher from the KAIST Artificial Satellite Research Institute, is the only company in Korea tha ...; KO YONG-CHUL Reporter 2025.02.11

Wemade Launches 'Golf Super Crew' Globally: Wemade has announced the global launch of its new mobile golf game, 'Golf Super Crew'. Developed by Two Hands Games, a studio comp ...; Desk 2025.02.11

GICON Secures Additional Funding for ICT Innovation Square Project: Gwangju, South Korea – The Gwangju Information & Culture Industry Promotion Agency (GICON) announced on November 11th th ...; Desk 2025.02.11

Kidney Disease Drug Finerenone Shows Promise in Reducing Diabetes Risk: A recent study has shown that the kidney disease drug finerenone (Kerendia) may also be effective in reducing the risk of developi ...; Hwang Sujin Reporter 2025.02.11