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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Samsung Boosts India Presence with ₹10 Billion Investment in Tamil Nadu Plant Amid Labor Issues: Hwang Sujin Reporter; 2025.04.27

India's CCTV Market Booms Amidst Rising Security Concerns and Government Initiatives, Offering Opportunities for Korean Firms: Yim Kwangsoo Correspondent; 2025.04.27

Brain Drain: South Korea Loses Top Scientists to China's Aggressive R&D Push: Ana Fernanda Reporter; 2025.04.27

Volkswagen Considers US Production of Audi to Circumvent Potential Trump Tariffs: KO YONG-CHUL Reporter; 2025.04.27

Trump's Protectionism and Anti-Immigration Policies Send Shockwaves Through the Aviation Industry: Eugenio Rodolfo Sanabria Reporter; 2025.04.27

Premium Chinese Restaurant Chain Launches 'Presidential Jajangmyeon' in Conjunction with South Korean Election: Hwang Sujin Reporter; 2025.04.26

Chungbuk Province Takes Action Against "Drug" Labeling in Food Names: KO YONG-CHUL Reporter; 2025.04.26

Seoul Consumers Feel the Pinch as Gimbap Prices Continue to Climb: Yim Kwangsoo Correspondent; 2025.04.26

K-Beauty Brand 'Droett' Expands Global Presence, Entering Tokyo and Chicago Markets: Desk; 2025.04.26

K-Beauty's Unprecedented Global Surge: Indie Brands Lead the Charge, Surpassing France in the US Market: Kim Sungmoon Reporter; 2025.04.26

South Korea's MFDS Intensifies Support for Domestic Cosmetics Industry's Entry into the Global Halal Market: KO YONG-CHUL Reporter; 2025.04.26

Global Beauty Brands Struggle in South Korea, Facing Declining Profits and Exits: Hwang Sujin Reporter; 2025.04.26

Kosolke Wins '2025 Korea Industry Awards' Beauty Grand Prize for Differentiated Technology and Global Market Success: KO YONG-CHUL Reporter; 2025.04.26

K-Beauty's Global Popularity Fuels Explosive Growth in Cosmetics Packaging Industry: Hwang Sujin Reporter; 2025.04.26

K-Beauty Forum Bridges Korean Cosmetic Firms and Russian Industry Amidst Strong Popularity: Desk; 2025.04.26

Foreign Investors' Continued Sell-Off in KOSPI Raises Questions of Return: KO YONG-CHUL Reporter; 2025.04.26

Fake High-Yield Mongolian Bank Bonds Scam Alert Issued by South Korean Financial Watchdog: KO YONG-CHUL Reporter; 2025.04.26

Bank Branch Closures Raise Concerns Over Financial Exclusion in South Korea: Desk; 2025.04.26

Revitalization of Incheon-Baengnyeong Ferry Route Gains Momentum with New Vessel Construction Fund: Min Gyu Mi Reporter; 2025.04.26

Incheon i-Baedal Pass Connects Hearts to West Sea Islands, but Accessibility to the Mainland Remains a Challenge: Hwang Sujin Reporter; 2025.04.26