Global Economic Times

2026.08.11 (Tue)
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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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NOV Secures Contract for Argentina's First FLNG Project: Oilfield services company NOV has secured a contract to provide a mooring solution for Argentina's first-ever floating liquefied n ...; Pedro Espinola Special Correspondent 2025.09.23

The Impact of Argentina's Vaca Muerta Growth Scenarios on the Supply Chain: The acceleration of Argentina's Vaca Muerta shale development presents both challenges and opportunities for the supplier ecosyste ...; Pedro Espinola Special Correspondent 2025.09.23

Chile unveils draft critical minerals strategy... a step towards securing 'future food': The Chilean government is emerging as a new center in the global mineral market, as it establishes a critical minerals supply stra ...; Graciela Maria Reporter 2025.09.23

Chilean Cherry Producers Accelerate Diversification Efforts to Reduce Reliance on Chinese Market: The Chilean cherry industry is gearing up for a new season, seeking to overcome the challenges of oversupply and difficult sales e ...; Global Economic Times Reporter 2025.09.23

Nissan and Mitsubishi to Produce New EVs for European Market in France: Douai, France — In a landmark visit to the Renault ElectriCity plant in Douai, the CEOs of Nissan and Mitsubishi Motors, Iva ...; Eugenio Rodolfo Sanabria Reporter 2025.09.19

Spanish "Bicinete" Hybrid Vehicle Vies for Top European Design Award: Copenhagen, Denmark — The innovative "Bicinete," a hybrid of a bicycle and a scooter, is vying for one of Europe's most pres ...; Yim Kwangsoo Correspondent 2025.09.19

Aviation Industry Urges Governments to Prioritize Sustainable Fuel Production: Montreal, Canada — The International Air Transport Association (IATA) is calling on governments to shift their focus from ma ...; KO YONG-CHUL Reporter 2025.09.19

Chile's Startup Ecosystem and the Shadow of 'Invisible Costs': A Burnout Alert: A dark shadow is being cast over Chile's startup ecosystem, once heralded as a symbol of innovation and growth. While a dazzling n ...; Pedro Espinola Special Correspondent 2025.09.16

Paraguay's Construction Industry Expresses Concern over Reduced Infrastructure Investment in 2026 Government Budget: Despite recent vigorous construction projects in the residential, corporate, and industrial sectors, the construction industry is ...; Pedro Espinola Special Correspondent 2025.09.15

First Fan Export Success... $5 Million Export Deal Secured in Argentina: A new vitality is emerging in Paraguay's home appliance industry. On the 14th, local company Goldmund marked a significant milesto ...; Pedro Espinola Special Correspondent 2025.09.15

Expo Norte: Economic Ripple Effects with a Glimmer of Hope: CONCEPCIÓN – Expo Norte, recently held in Concepción, was more than just a dazzling showcase for large corpora ...; Eugenio Rodolfo Sanabria Reporter 2025.09.15

S. Korea's Supreme Court Rules Existing Pharmacies Can Sue Over New Rival's Location: SEOUL – The Supreme Court of South Korea has issued a landmark ruling, granting existing pharmacists the legal standing to f ...; Hwang Sujin Reporter 2025.09.13

FDA to Conduct Surprise Inspections of Overseas Drug Factories, Including South Korea: The U.S. Food and Drug Administration (FDA) has announced a significant shift in its policy, stating it will begin conducting unan ...; Graciela Maria Reporter 2025.09.13

U.S. Coffee Prices Soar to 28-Year High Amid Brazilian Tariff and Supply Woes: NEW YORK — The aroma of freshly brewed coffee, once a simple comfort, now carries the scent of economic turbulence for milli ...; Sharon Yoon Correspondent 2025.09.12

Itaipu Makes History with 3.1 Billion MWh of Energy Produced: The Itaipu Hydroelectric Power Plant, one of the world's largest hydroelectric dams located on the border between Paraguay and Bra ...; Hwang Sujin Reporter 2025.09.10

Cotton Yarn Imports Drive Growth in Textile Industry: Annual imports of cotton yarn, valued at $3-6 million, are an essential component of Paraguay’s textile and apparel industry ...; Global Economic Times Reporter 2025.09.10

Paraguay Promulgates Three Key Economic Revitalization Laws: ASUNCIÓN, Paraguay — As part of the 2025 'Paraguay Business Week,' President Santiago Peña officially promulga ...; Graciela Maria Reporter 2025.09.10

Paraguay Anticipates $5 Billion in Tax Revenue from Easing Cannabis Industry Regulations: The Paraguayan government is moving to ease regulations on the cannabis industry with plans to dramatically increase national reve ...; Eugenio Rodolfo Sanabria Reporter 2025.09.10

Daejeon's Bio-Industry Ecosystem Draws Global Attention: DAEJEON, South Korea - The city of Daejeon is solidifying its position on the global stage, laying a strategic foundation for its ...; HONG MOON HWA Senior Reporter 2025.09.09

Rising self-generation: a new opportunity for Paraguay's power industry: Paraguay's power industry is seeking new growth opportunities through self-generation. The recent emergence of autogeneració ...; Hwang Sujin Reporter 2025.09.08