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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WasteEnergySolution Showcases Innovative Plastic Recycling at the 2024 Circular Economy Festival: Seoul, South Korea – WasteEnergySolution, a leading South Korean company specializing in plastic recycling technology, has h ...; Global Economic Times Reporter 2024.12.09

Reclaimed Wheels: A New Spin on Sustainability: Seoul, South Korea – A South Korean company, APM, has unveiled a groundbreaking solution for sustainable automotive manufact ...; Desk 2024.12.09

Boeing Machinists Return to Work, Boosting Local Economies: Renton, WA – After a seven-week strike, Boeing machinists have returned to work, bringing relief to both workers and local b ...; Hannah Yeh Reporter 2024.12.07

Eni to Resume Drilling in Egypt's Zohr Gas Field: Cairo, Egypt – Italian energy giant Eni plans to restart drilling operations in Egypt's Zohr gas field by the end of 2024. T ...; Pedro Espinola Special Correspondent 2024.12.06

BP Accelerates Oil and Gas Production in Egypt: Cairo, Egypt – BP, a global energy giant, is ramping up its operations in Egypt as the country seeks to bolster its energy s ...; Eugenio Rodolfo Sanabria Reporter 2024.12.06

LS Electric Completes Korea's First HVDC Subsea Cable Project: Jeju, South Korea – LS Electric, a leading global power equipment manufacturer, has successfully completed Korea's first hig ...; KO YONG-CHUL Reporter 2024.12.06

Ad Agencies Shift Focus to Experiential Marketing Amidst Traditional Media Slowdown: Seoul, South Korea – As the traditional advertising market, including TV, newspapers, radio, and magazines, continues to slo ...; Desk 2024.12.06

South Korea Tightens Export Controls on Advanced Technologies: Seoul, South Korea – South Korea’s Ministry of Trade, Industry, and Energy announced on Tuesday that it will be expand ...; Hwang Sujin Reporter 2024.12.06

South Korea's Current Account Surplus Continues Amidst Moderating Export Growth: Seoul, South Korea – South Korea's current account posted a surplus for the sixth consecutive month in October, driven by st ...; Hwang Sujin Reporter 2024.12.06

Citrus Prices Soar Amidst Climate Change and Supply Shortages: Seoul, South Korea – The cost of citrus fruits, a staple of Korean winters, has skyrocketed due to a combination of adverse ...; Desk 2024.12.06

Saudi Arabia's NSG Acquires Airbus' UP42 to Boost Geospatial Capabilities: JEDDAH: Saudi Arabia's Neo Space Group (NSG) has made a significant stride towards its Vision 2030 goals by finalizing an agreemen ...; Eugenio Rodolfo Sanabria Reporter 2024.12.05

Pahang's Golden Promise: State Records Significant Gold Production: Kuantan, Pahang: Pahang state, located in Malaysia, has emerged as a significant gold-producing region, with seven active operatio ...; Ana Fernanda Reporter 2024.12.05

China Sets New Solar Power Record Despite Industry Struggles: Yibin, China – China is poised to shatter its annual solar power installation record once again, despite the industry grappl ...; Ana Fernanda Reporter 2024.12.05

Sugarcane Farmers in Nepal Face Unpaid Dues, Low Support Prices: Kathmandu, Nepal – Sugarcane farmers in Nepal are facing a persistent issue of unpaid dues and low support prices, despite g ...; Graciela Maria Reporter 2024.12.05

MG Unveils S5 Electric SUV, Boasting Ultra-Thin Battery and Competitive Range: SHANGHAI – MG Motor has officially launched its newest electric SUV, the MG S5, marking a significant step forward in its el ...; Ana Fernanda Reporter 2024.12.05

OpenAI Teams Up with Anduril to Bolster Drone Defense: San Francisco, CA – OpenAI, a leading artificial intelligence research laboratory, has announced a new partnership with defe ...; KO YONG-CHUL Reporter 2024.12.05

South Korea Unveils Comprehensive Plan to Combat Climate Change Impact on Fisheries: Seoul, South Korea – The South Korean Ministry of Oceans and Fisheries has unveiled a comprehensive plan aimed at mitigating ...; ONLINE TEAM 2024.12.05

Celltrion Starts Commercial Production at New Biopharmaceutical Plant: Songdo, Incheon, South Korea – [Date] – Celltrion, a leading global biopharmaceutical company, announced today that it ...; Desk 2024.12.05

Seoul Approves Redevelopment of Yeouido Apartments into Skyscrapers: Seoul, South Korea – The Seoul Metropolitan Government has greenlighted the redevelopment of the aging Yeouido Sujung and Ji ...; Desk 2024.12.05

Chungnam Province to Lead the Way in Carbon Neutrality with World-Class Blue Carbon Ecosystem: Dangjin, South Korea – Chungnam Province Governor Kim Tae-heum announced a bold vision for the province's maritime future on ...; HONG MOON HWA Senior Reporter 2024.12.05