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  • Gimhae Airport Smash...

    Gimhae Airport Smashes 10 Million International Passenger Milestone Ahead of Schedule

    BUSAN — Gimhae International Airport has reached a historic milestone, with total passenger traffic surpassing 15 million and international travelers exceeding 10 million between January and Oct

  • Rising Demand for Ja...

    Rising Demand for Japan Routes Sparks Debate Over Busan-Haneda Regular Flights

    SEOUL — South Korea's aviation sector continues to ride a wave of robust travel demand to Japan, with passenger volume outpacing flight capacity expansions and repeatedly setting historic re

    Genesis Enters Ultra...

    Genesis Enters Ultra-Luxury EV Segment with Flagship GV90 and Neolun SUVs 

    SEOUL — South Korea’s premier luxury carmaker, Genesis, has officially entered the ultra-luxury electric vehicle market with the domestic debut of its flagship GV90 series. The launch intr

Industry

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The Rising Cost of Play: Is Gaming Becoming an Exclusive Luxury?
Gaming, once considered an accessible form of entertainment, is rapidly transforming into a "luxury hobby" that demands a signific ...
Global Economic Times Reporter 2026.07.01

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Resurgence in the Gaming Market: How Korean Developers Master the 'Chart Reversal' Through Strategic Content
The South Korean gaming industry, long a global powerhouse in live-service operations, is demonstrating a renewed vigor. By levera ...
Hwang Sujin Reporter 2026.06.29

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HD Hyundai Electric’s Cheongju Campus: A Paradigm Shift in Smart Manufacturing for the AI Era
CHEONGJU, South Korea — In the rapidly evolving landscape of global energy infrastructure, HD Hyundai Electric is charting a ...
Desk 2026.06.29

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The “AI-flation” Crisis: Memory Shortage Threatens Consumer Tech Ecosystem
The global technology industry is facing a monumental challenge as an unprecedented surge in demand for AI infrastructure triggers ...
Desk 2026.06.29

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President Lee Challenges Opposition Claims Regarding Honam Semiconductor Cluster
SEOUL — President Lee Jae-myung has launched a direct counteroffensive against the People Power Party (PPP), which has chara ...
Hwang Sujin Reporter 2026.06.29

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President Lee Jae-myung Unveils "Three Major Mega-Projects" to Drive National Leap Forward; Massive Honam Semiconductor Investment Announced
SEOUL – President Lee Jae-myung is set to preside over the "National Report Meeting on the Three Major Mega-Projects for Kor ...
KO YONG-CHUL Reporter 2026.06.29

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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 thr ...
Hwang Sujin Reporter 2026.06.27

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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 o ...
KO YONG-CHUL Reporter 2026.06.27

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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 reinv ...
KO YONG-CHUL Reporter 2026.06.24

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Supply Chain Hacking Alert: Tata Electronics Breach Exposes Sensitive Apple and Tesla Data
In a stark reminder of the mounting vulnerabilities within global technology supply chains, Tata Electronics, a key partner respon ...
Global Economic Times Reporter 2026.06.24

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A New Era for the KOSPI: SK Hynix Surpasses Samsung Electronics as Top Market Cap Company
In a historic shift for the South Korean stock market, SK Hynix has overtaken Samsung Electronics to become the largest company on ...
ONLINE TEAM 2026.06.22

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K-Beauty Sets Its Sights on Southeast Asia: A $11.1 Billion Market Opportunity by 2035
The South Korean cosmetics and beauty industry has identified Southeast Asia as its next major export frontier, following in the f ...
Hwang Sujin Reporter 2026.06.22

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S. Korean Auto Industry Faces 'Triple Decline' in May, Despite Robust Growth in Eco-friendly Vehicles
SEOUL – South Korea's automotive industry experienced a rare "triple decline" in May, with production, exports, and domestic ...
Desk 2026.06.18

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The Changing Landscape of K-Beauty Jobs: Big Names Shrink as ODM and Beauty-Tech Firms Lead Growth
SEOUL — The employment landscape within South Korea’s beauty industry is undergoing a rapid transformation, mirroring ...
KO YONG-CHUL Reporter 2026.06.18

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Home Appliance Giants Pivot Toward Niche Markets to Drive Growth
SEOUL — The South Korean home appliance industry is undergoing a significant transformation. Faced with a maturing domestic ...
Yim Kwangsoo Correspondent 2026.06.16

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South Korea’s Permanent Jobs Shrink for First Time in 26 Years: A Severe Blow to the 2030 Generation
SEOUL — South Korea’s labor market has hit a major roadblock as permanent employment contracted for the first time in ...
Hwang Sujin Reporter 2026.06.15

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LX Pantos Steps Up Safety for Partners, Supplying New Functional Workwear to 100 Cooperating Companies
SEOUL — LX Pantos, a leading global logistics company, announced on Tuesday that it will supply newly designed summer workwe ...
Yim Kwangsoo Correspondent 2026.06.09

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SK Chairman Chey Tae-won Proposes $7 Trillion Economic Integration Through Korea-Japan Alliance to Shift Toward a Low-Cost Structure
TOKYO — Chey Tae-won, Chairman of SK Group and Chairman of the Chey Institute for Advanced Studies, presented a bold bluepri ...
Global Economic Times Reporter 2026.06.09

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Semis Move South: Samsung and SK hynix Poised to Announce Multi-Trillion Won Plants in Honam and Chungcheong
SEOUL — The center of gravity for South Korea’s semiconductor industry, which has historically been heavily concentrat ...
Global Economic Times Reporter 2026.06.09

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Samsung Launches Massive 'AX Revolution' Under Chairman Lee Jae-yong, Overhauling Corporate DNA with AI
SEOUL — Samsung Group, South Korea's largest conglomerate, has announced a radical paradigm shift that will fundamentally re ...
Global Economic Times Reporter 2026.06.09
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US Army Conducts Rare Temporary Burial Drills to Prepare for Worst-Case Large-Scale War Scenarios
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