Industry - Global Economic Times

2026.11.11 (Wed)
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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 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-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

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Samsung Electronics Narrowly Avoids Strike with Landmark Compensation Deal: SUWON, South Korea — Samsung Electronics management and its labor union have reached a dramatic tentative agreement on wage ...; KO YONG-CHUL Reporter 2026.05.21

Chinese Semiconductor Hub Shanghai Courts South Korean Suppliers to Bypass U.S. Tech Blockade: SEOUL — Amid intensifying pressure from United States supply chain restrictions, China's semiconductor industry is aggressiv ...; Global Economic Times Reporter 2026.05.19

Will Samsung Finally Unlock the Smart Glasses Era After a Decade of Anticipation?: SEOUL — The smart glasses market is showing signs of a major revival after more than a decade of stagnation. Industry observ ...; Kim Sungmoon Reporter 2026.05.19

Samsung Electronics Q1 Salaries Hit Record High, Averaging $9,000 a Month: SEOUL — Employees at Samsung Electronics received an average gross compensation of approximately 36 million won ($27,000 USD ...; Desk 2026.05.19

Mercedes-Benz Korea Opens Pre-Orders for Flagship Luxury: The New S-Class and Maybach S-Class Prepare for Domestic Takeover: SEOUL, South Korea — Mercedes-Benz Korea officially initiated its domestic campaign for the pinnacle of automotive luxury to ...; Global Economic Times Reporter 2026.05.18

Man vs. Machine: Human Worker Edges Out Figure 03 Humanoid in Grueling 10-Hour Warehouse Showdown: Silicon Valley — In a highly anticipated demonstration of the rapidly evolving capabilities of artificial intelligence and r ...; Global Economic Times Reporter 2026.05.18

Targeting the $360 Billion Nuclear Decommissioning Market: South Korea Takes Lead in Establishing World-First International Standards: SEOUL — In a landmark shift that fundamentally alters the landscape of the global nuclear energy industry, South Korea has s ...; Global Economic Times Reporter 2026.05.18

The Unstoppable Semiconductor Rally: Why This 'Crazy' Surge Might Last Longer Than Expected Despite Overheating Fears: The global stock market is currently witnessing a "semiconductor rally" of historic proportions. As artificial intelligence (AI) t ...; Kim Sungmoon Reporter 2026.05.11

Samsung Electronics Shifts Strategy in China: Moving from Hardware Sales to Platform-Based Business: SEOUL – Samsung Electronics is undertaking a major restructuring of its home appliance business in China, marking a signific ...; Global Economic Times Reporter 2026.05.08

Tesla Model Y Becomes First to Pass Grueling New U.S. Autonomous Safety Tests: WASHINGTON D.C. — Tesla’s flagship SUV, the Model Y, has made history as the first vehicle to pass the United States g ...; Global Economic Times Reporter 2026.05.08

Celltrion’s Zymfentra Sees Explosive 300% Growth, Hits Record Quarterly Prescriptions in the U.S.: [NEW YORK] – Celltrion’s strategic push into the United States is yielding unprecedented results. Zymfentra (marketed ...; Desk 2026.05.08

BMW Korea Ignites May with Exclusive 9-Model Online Limited Edition Lineup: SEOUL – BMW Korea is set to electrify the luxury automotive market this month, announcing the official release of nine exclu ...; KO YONG-CHUL Reporter 2026.05.08

Hyundai Mobis Completes Independent EV 'Heart' Lineup: A Major Leap Toward Global Leadership in Power Electric Systems: SEOUL — Hyundai Mobis, the South Korean automotive tech giant, has achieved a significant milestone in its transition from a ...; Hwang Sujin Reporter 2026.05.08

POSTECH Researchers Double Metal-Polymer Adhesion via 3D Printing Surface Control: POHANG, South Korea — A research team at the Pohang University of Science and Technology (POSTECH) has achieved a breakthrou ...; Global Economic Times Reporter 2026.05.08

NVIDIA Bolsters AI Ecosystem with $2.1 Billion Investment in Data Center Developer IREN: SANTA CLARA, Calif. & SYDNEY — In a move that signals a massive expansion of the global AI infrastructure landscape, NVI ...; Ana Fernanda Reporter 2026.05.08

Hyundai Motor Group Bets $700 Million on Mexico Amid Trade Policy Volatility: MEXICO CITY — In a bold move that defies growing geopolitical tension and fluctuating trade policies, Hyundai Motor Group (H ...; Global Economic Times Reporter 2026.05.07

Kakao Hits Record Q1 Performance: Operating Profit Surges 66% as Focus Shifts to "Agentic AI": SEOUL — Kakao, the South Korean tech giant behind the country’s ubiquitous messaging app, announced today that it has ...; KO YONG-CHUL Reporter 2026.05.07

Honda Halts $15B Canada EV Plant Plans Amid Strategic Pivot to Hybrids: (C) Investopedia TOKYO – Japanese automaker Honda Motor Co. has indefinitely suspended its plans to build an electric vehic ...; Eugenio Rodolfo Sanabria Reporter 2026.05.06

11th Street Launches 'Grand 11th Day' Shopping Festival: A Strategic Move to Dominate South Korea's Mid-Year Retail Market: SEOUL, South Korea – 11th Street (11st), one of South Korea’s leading e-commerce platforms, officially announced on Ma ...; Min Gyu Mi Reporter 2026.05.05

GIST Develops Next-Generation Transparent Protective Film Resistant to Scratches and Impacts: GWANGJU, South Korea – A research team at the Gwangju Institute of Science and Technology (GIST) has announced the developme ...; Hwang Sujin Reporter 2026.05.05