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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South Korea Unveils 'K-Med': A Gigantic leap in Medical AI, Challenging Global Tech Giants: (C) Global Pricing Innovations SEOUL, South Korea — South Korea has entered the global race for advanced medical artifici ...; Global Economic Times Reporter 2025.11.29

55-Year Revival: 'Human Washing Machine' Dream Technology Finally Realized Lie down for 15 minutes to complete showering and drying...: (C) Spoon & Tamago The 'Human Washing Machine,' once presented as a blueprint for the future society half a century ago, ha ...; Hwang Sujin Reporter 2025.11.28

The Delivery Wars Intensify: Coupang Eats Triples Users on the Back of 'Free Delivery,' While Baemin and Yogiyo Decline: (C) KED Global SEOUL— The South Korean food delivery market is undergoing a dramatic reshaping, driven by aggressive memb ...; Global Economic Times Reporter 2025.11.25

Corporate Tax Surge: Samsung and SK Hynix Pay 9x More Amidst Chip Supercycle: (C) Nikkei Asia SEOUL — South Korea’s semiconductor giants, Samsung Electronics and SK Hynix, have reported a stagg ...; KO YONG-CHUL Reporter 2025.11.24

Genesis Unveils GV60 Magma: First Step into Luxury High-Performance Sector: Genesis, the luxury brand of Hyundai Motor Group, has officially accelerated its entry into the high-performance luxury segment wi ...; KO YONG-CHUL Reporter 2025.11.21

South Korea's DAPA Launches Performance Upgrade for Jangbogo-II (Son Won-il Class) Submarines: The Defense Acquisition Program Administration (DAPA) announced on November 20th that it is officially commencing the performance ...; Global Economic Times Reporter 2025.11.20

Enhanced HACCP Standards: From Lunch Boxes to Snacks, Strict Hygiene is Paramount: The Ministry of Food and Drug Safety (MFDS) of South Korea announced on November 20, 2025, that it is providing 'Correct HACCP Man ...; Kim Sungmoon Reporter 2025.11.20

Guro Picnic Garden Draws 5,500 Visitors in Six Months, Emerging as a Key Riverside Landmark: SEOUL, Nov. 20 — Guro-gu, Seoul, announced on Wednesday that the 'Guro Picnic Garden,' located along the banks of the Anyang ...; Global Economic Times Reporter 2025.11.20

Streaming Revolution: TVING, Disney+, and Wavve Launch First-Ever 3-in-1 Subscription in Korea: SEOUL — A monumental shift is underway in the South Korean over-the-top (OTT) streaming market. Local powerhouse TVING has a ...; Global Economic Times Reporter 2025.11.19

South Korea's Era of Localism Expo Kicks Off in Ulsan, Charting Future Course for Balanced Growth: Ulsan, South Korea – The '2025 Era of Localism Expo,' a major event dedicated to discussing balanced growth and sustainable ...; Global Economic Times Reporter 2025.11.19

SK Hynix Earnings Forecast Soars: Kiwoom Securities Raises Target Price to KRW 730,000: Kiwoom Securities announced a significant upgrade to its outlook for SK Hynix on November 19, 2025, raising the chipmaker's 2026 o ...; Global Economic Times Reporter 2025.11.19

EU Accelerates 'Battery Independence' with Multi-Trillion Won Public Fund Injection: (C) LG Energy Slution The European Union (EU) is accelerating its drive for battery independence by allocating a massive € ...; Graciela Maria Reporter 2025.11.19

South Korea Joins 'Powering Past Coal Alliance,' Pledges Halt to New Coal Plants: (C) France24 South Korea has officially joined the Powering Past Coal Alliance (PPCA), an international coalition urging a swif ...; Global Economic Times Reporter 2025.11.18

Massive Fire Engulfs E-Land Fashion Logistics Center in Cheonan, Causing Major Shipping Delays: (C) LatetLY CHEONAN, South Chungcheong Province – A major fire erupted at the E-Land Fashion logistics center in Cheonan ...; Hwang Sujin Reporter 2025.11.16

KAIST Deep Tech Startup Secures $10 Million Investment for MRI-Quality Ultrasound Diagnosis: KAIST, the Korea Advanced Institute of Science and Technology, has once again proven its prowess in fostering deep tech innovation ...; Shin Yeju 2025.11.13

Korean Logistics Tech Firm GLEC to Enter Global Market with CES 2026 Innovation Award: SEOUL, South Korea – GLEC Co., Ltd., a Korean logistics technology company, is accelerating its entry into the global market ...; KO YONG-CHUL Reporter 2025.11.12

"Baby Shark" Swims to Kosdaq: The Pinkfong Company IPO Nets Trillions in Subscriptions: (C) Plagiarism Today SEOUL - The Pinkfong Company, the global family entertainment enterprise behind the viral sensation "Baby ...; Hwang Sujin Reporter 2025.11.08

China's Narwal Leapfrogs LG and Samsung in Robot Vacuum War: China's Narwal Leapfrogs LG and Samsung in Robot Vacuum War (C) Big W SEOUL—The global robot vacuum market, long domina ...; Eugenio Rodolfo Sanabria Reporter 2025.11.05

Tech Titans Continue Cuts: IBM Announces Layoffs Amid Software Pivot: Following in the footsteps of industry giants like Amazon and Meta, IBM has announced its plan to reduce its global workforce by t ...; Global Economic Times Reporter 2025.11.05

Protina, Samsung Bioepis, and Seoul National University Forge AI Partnership to Accelerate Antibody Drug Development: SEOUL—A powerful consortium comprising the drug discovery company Protina, biotech giant Samsung Bioepis, and researchers fr ...; Global Economic Times Reporter 2025.11.05