Global Economic Times

2026.06.27 (Sat)
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Kia’s Strategic Pivot: Accelerating Electrification Through SDV, PBV, and EREV Innovation

At the 2026 Busan Mobility Show held on June 26, Kia Corporation unveiled a comprehensive future mobility strategy centered on three core pillars: Software-Defined Vehicles (SDV), Purpose-Built Vehicl
Hyundai Motor Prioritizes "Customer Experience" Over Pricing: Aiming for Lifelong Loyalty with the New Avante

BUSAN, South Korea — At the 2026 Busan Mobility Show held at BEXCO on June 26, José Muñoz, President and CEO of Hyundai Motor Company, unveiled a bold vision for the future of the

Incheon Port Authority Overhauls Incentive Program to Boost Cargo Throughput

The Incheon Port Authority (IPA) has announced a significant restructuring of its long-standing incentive program, aiming to reinvigorate cargo traffic and solidify the port’s position as a prem

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Xiaomi to Launch Ultra-Lightweight Vacuum Cleaner in January: "90,000 Won, 860 Grams": (C) Youtube Xiaomi is set to release a new ultra-lightweight wireless vacuum cleaner in the Korean market this coming January. Th ...; Ana Fernanda Reporter 2026.01.05

Hyundai Motor Challenges World's First 'Solid-State Battery Vehicle': (C) Securities.io The appearance of a Hyundai electric vehicle (EV) equipped with solid-state batteries is imminent. Often call ...; Global Economic Times Reporter 2026.01.05

Crisis in Hypermarkets: Structural Shifting and the Impact of Homeplus Closures: SEOUL — South Korea’s hypermarket industry is facing an unprecedented crisis. According to the latest data from the Na ...; KO YONG-CHUL Reporter 2026.01.05

Hanwha Ocean Aims for 100% Robotic Welding by 2030: Accelerating the AX Revolution in Shipbuilding: (C) Cyber-Weld Hanwha Ocean’s Okpo Shipyard in Geoje, Gyeongsangnam-do, is transforming into a testing ground for "Physical ...; KO YONG-CHUL Reporter 2026.01.05

Samsung and LG Go Head-to-Head in Robotics and Automotive Electronics at CES 2026: (C) Homecrux CES 2026, the world's largest consumer electronics and IT exhibition, has officially opened in Las Vegas. While AI r ...; Global Economic Times Reporter 2026.01.05

30% of Workers Dissatisfied with Job Conditions; Vulnerability Acute in Small Workplaces: (C) Human Right Watch A recent survey has revealed that approximately one in three South Korean office workers is dissatisfied wi ...; Desk 2026.01.04

HD Hyundai Launches Unified Construction Equipment Entity, Aiming for ₩15 Trillion Revenue by 2030: (C) HD Hyundai ULSAN — HD Hyundai officially launched its unified construction equipment corporation, HD Construction Equip ...; Hee Chan Kim Reporter 2026.01.02

BYD Overtakes Tesla to Claim Top Spot in Global EV Market for 2025: (C) Jordan Times SHENZHEN – Chinese automaker BYD Co. has officially surpassed Tesla Inc. in annual sales volume, marking ...; Greace Nunez Correspondent 2026.01.02

K-Defense Quartet Set for "Quantum Leap": Annual Sales to Hit 50 Trillion Won in 2026: (C) Hanwha SEOUL – South Korea’s defense industry is preparing for another historic milestone. Following a year of un ...; KO YONG-CHUL Reporter 2026.01.01

Coupang’s Dominance Drives Food Giants into a Corner: The High Price of "Rocket Delivery": SEOUL — In the rapidly evolving landscape of South Korea’s e-commerce market, Coupang has cemented its status as an un ...; Global Economic Times Reporter 2026.01.01

Bando Construction Secures Gadeokdo New Airport Construction Authority for 'Ivy Planet' in Busan Eco Delta City: (C) Gadeokdo New Airport Construction Authority BUSAN — In a landmark move for the regional economy, Bando Construction h ...; Hee Chan Kim Reporter 2026.01.01

Toward the Era of $1 Trillion in Exports: South Korea Hits the $700 Billion Milestone: (C) The Investor PYEONGTAEK, South Korea — South Korea has officially entered the elite ranks of the world’s top expo ...; KO YONG-CHUL Reporter 2026.01.01

SpaceX, Blue Origin, and Rocket Lab: 2026 to Mark a New Era for Global Space Launch Market: (C) Teslarati As 2026 approaches, the global space launch industry is poised for an unprecedented phase of expansion, led by tita ...; Eugenio Rodolfo Sanabria Reporter 2026.01.01

Chronic Labor Shortage Hits Korea’s Tech Sector: "Hiring Newcomers is No Longer an Option, But a Necessity": (C) Samsung Despite a steady increase in the number of industrial technical workers, South Korea’s tech sectors continue to ...; KO YONG-CHUL Reporter 2026.01.01

KT Announces Compensation Plan for Massive Cyber Breach: Termination Fee Waivers and 100GB Data Bonus: (C) KT Enterprise KT Corporation, one of South Korea’s leading telecommunications giants, officially announced a comprehe ...; Global Economic Times Reporter 2025.12.30

Hyundai Likely to Forfeit Buyback Option on Russian Plant Amid Geopolitical Stasis: (C) bne IntelliNews SEOUL — Hyundai Motor Company is facing a grim reality regarding its production future in Russia. Accor ...; Graciela Maria Reporter 2025.12.30

From Symbol of Decline to Epicenter of Revival: Hanwha Philly Shipyard Emerges as the Cornerstone of Trump’s Naval Ambitions: (C) The Virginian Pilot PHILADELPHIA – On a cold December afternoon at the historic Philadelphia Navy Yard, the rhythmic cl ...; KO YONG-CHUL Reporter 2025.12.30

S. Korea to Revoke ‘ISMS-P’ Security Certifications for Breaches Affecting Over 10 Million Users: SEOUL – The South Korean government has announced a stringent overhaul of the national information security certification sy ...; Hwang Sujin Reporter 2025.12.29

Yongin Semiconductor Cluster Gains Momentum as Land Compensation Begins; Construction Slated for Late 2026: (C) Venture square YONGIN, South Korea — The ambitious project to establish the "Yongin Advanced System Semiconductor Nat ...; Min Gyu Mi Reporter 2025.12.29

Homeplus Submits Rehabilitation Plan Featuring Split-Off Sales and Store Closures: SEOUL – Homeplus, currently undergoing corporate rehabilitation, has submitted a "Structural Innovation Rehabilitation Plan" ...; Kim Sungmoon Reporter 2025.12.29

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