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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Goyang Residents Skeptical of New Housing Development Amidst Concerns of Oversupply: Goyang, South Korea - The South Korean government's recent announcement to develop a new residential area in Goyang's Daegok stati ...; Desk 2024.11.14

BYD to Shake Up South Korea's Electric Vehicle Market with Aggressive Expansion: Seoul, South Korea – BYD, a leading Chinese electric vehicle (EV) manufacturer that has been rivaling Tesla on a global scal ...; KO YONG-CHUL Reporter 2024.11.13

Busan Sees Record-Breaking Increase in Taiwanese and Hong Kong Tourists: Busan, South Korea – The number of Taiwanese and Hong Kong tourists visiting Busan is expected to reach a record high this y ...; Hwang Sujin Reporter 2024.11.13

Jeju Antre: A Networking Event to Rebrand Jeju: Jeju City, South Korea – The Jeju Tourism Association successfully hosted the "Jeju Antre" networking event on the 2nd, invi ...; Hwang Sujin Reporter 2024.11.13

Canfly Expands B2B Airline Ticket Market with Diverse Partnerships and Features: Canfly, a leading B2B airline ticketing platform, has been actively expanding its supply chain and differentiating itself in the c ...; Hwang Sujin Reporter 2024.11.13

Korean Airlines Top Customer Satisfaction Survey: In the 2024 National Customer Satisfaction Index (NCSI) survey conducted by the Korea Productivity Center, major Korean airlines h ...; Hwang Sujin Reporter 2024.11.13

AI and Automation to Eliminate 14% of Jobs in South Korea Over the Next Decade: Seoul, South Korea – A new report from the Korea Employment Information Service has revealed that South Korea could see a 14 ...; Global Economic Times Reporter 2024.11.13

New Hope for Helicobacter pylori Treatment: Researchers Identify Potential Drug Candidate: Scientists at the Korea Research Institute of Bioscience and Biotechnology (KRIBB) have made a significant breakthrough in the dev ...; Global Economic Times Reporter 2024.11.12

South Korean Game Companies Gear Up for a Comeback with New Releases: After a period of industry downturn, South Korean game companies are poised to rebound with a slew of new game releases in the com ...; Global Economic Times Reporter 2024.11.12

Massive Lithium Deposit Discovered in Arkansas: A groundbreaking discovery has been made in the United States, with the U.S. Geological Survey (USGS) and the state of Arkansas an ...; ONLINE TEAM 2024.11.12

Seoul to Launch Urban Air Mobility (UAM) Pilot Program in 2025: Seoul, South Korea – Seoul is set to become a pioneer in urban air mobility (UAM) as the city announced plans to launch a pi ...; Global Economic Times Reporter 2024.11.12

South Korea's Frozen Soup Market Heats Up Amid Cold Snap: Seoul, South Korea - As South Korea braces for an unusually cold winter, the competition in the frozen soup market is heating up. ...; Hwang Sujin Reporter 2024.11.12

Record-High Number of Female Executives at Top 100 Korean Companies: Seoul, South Korea - The number of female executives at South Korea's top 100 companies has reached a record high of 463, accordin ...; Global Economic Times Reporter 2024.11.11

LG Electronics Unveils Advanced Digital Cockpit Concept: Seoul, South Korea – LG Electronics has introduced its latest concept vehicle, the "Digital Cockpit Gamma," showcasing cutti ...; ONLINE TEAM 2024.11.11

South Korea to Implement Battery Safety Certification and Tracking System for Electric Vehicles: Seoul, South Korea - The Ministry of Land, Infrastructure and Transport announced on October 10th that it will be implementing a b ...; Global Economic Times Reporter 2024.11.11

Seoul's New Apartments Command Premium Prices Amidst Polarized Market: Seoul, South Korea - A recent study by Real Estate R114 has revealed a widening gap between the prices of new and older apartments ...; Global Economic Times Reporter 2024.11.11

Korea Transportation Safety Authority: Pioneering Mobility Innovation and Electric Vehicle Safety: Kimcheon, South Korea - The Korea Transportation Safety Authority (KTSA), once primarily associated with biennial vehicle inspecti ...; Global Economic Times Reporter 2024.11.11

Luxury Automakers Cater to Individuality with Bespoke Customization: Seoul, South Korea – The automotive industry is witnessing a rising trend of personalization, as luxury car manufacturers vi ...; Global Economic Times Reporter 2024.11.11

Hyundai Motor Group Surpasses Volkswagen in Profitability: Seoul, South Korea – Hyundai Motor Group, the world's third-largest automaker, has significantly outperformed Volkswagen in ...; Global Economic Times Reporter 2024.11.10

Korean Ceramic Technology Institute Develops Groundbreaking Technology to Recycle Solar Panels: Jinju, South Korea – The Korea Ceramic Technology Institute (KICET) has announced a groundbreaking breakthrough in the recyc ...; Global Economic Times Reporter 2024.11.10