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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LG Energy Solution to Pivot Strategy: Boosting ESS and New Business Share to Mid-40% Range: (C) The Investor SEOUL – LG Energy Solution (LGES), a global leader in the battery industry, has announced a significant ...; Desk 2026.03.20

BMW ‘The New i3’ Next-Gen EV: 900km Range: MUNICH — As the automotive world pivots toward a sustainable future, BMW has officially unveiled what may be the most pivota ...; Global Economic Times Reporter 2026.03.19

Samsung Electronics Bets Big on AI Era with Record $83 Billion Investment Blitz: SEOUL – In a bold bid to cement its dominance in the burgeoning artificial intelligence (AI) landscape, Samsung Electronics ...; KO YONG-CHUL Reporter 2026.03.19

LG Electronics Slashes Entry-Level OLED TV Prices in Europe to Counter Chinese LCD Dominance: BERLIN – In a strategic move to solidify its dominance in the global home entertainment market, LG Electronics has announced ...; Desk 2026.03.18

Power Semiconductor Prices Surge Following Memory Chips: Production Costs and AI Demand Fuel Hike: (C) Astute Group Overview: A Perfect Storm in the Legacy Node MarketThe global semiconductor supply chain is facing a new wave ...; Global Economic Times Reporter 2026.03.18

Chungnam Techno Park to Launch 'Hydrogen Industry Council' with 16 Key Organizations Building an Action-Oriented Governance for the Region's Hydrogen Ecosystem: CHUNGNAM, South Korea — In a strategic move to solidify its position as a global leader in the hydrogen economy, Chungnam Te ...; HONG MOON HWA Senior Reporter 2026.03.16

LG Electronics Unveils Specialized HVAC Solutions in India, Aiming for B2B Market Leadership: [MUMBAI, INDIA] — LG Electronics is making a strategic push into the Indian B2B market by showcasing a comprehensive suite o ...; Hee Chan Kim Reporter 2026.03.16

Shinil Electronics Eyes KRW 200 Billion Revenue Target Through Product Diversification and Digital Transformation: Shinil Electronics, South Korea’s undisputed leader in the electric fan market, has officially announced a strategic roadmap ...; Kim Sungmoon Reporter 2026.03.16

BYD Set to Break Record: Fastest Import Car Brand to Hit 10,000 Sales in Korea: BYD, the global electric vehicle giant, is on the verge of rewriting the history of the South Korean imported car market. Accordin ...; KO YONG-CHUL Reporter 2026.03.16

GBSA Emerges as Digital Security Powerhouse, Top-Ranked in Provincial Security Assessment: (C) Cimatri SUWON, GYEONGGI — The Gyeonggi Business & Science Accelerator (GBSA), led by Executive Director Kim Hyun- ...; Global Economic Times Reporter 2026.03.16

Price Fixing in the Pork Industry: Nine Processors Fined 3.1 Billion Won for Colluding on Supply Prices to E-Mart: SEOUL – In a landmark move to curb unfair trade practices in the food industry, South Korea's antitrust watchdog has imposed ...; Global Economic Times Reporter 2026.03.15

Hyundai Halts Sales of "The All-New Palisade" Following Fatal Safety Incident in the U.S.: SEOUL — Hyundai Motor Company has officially suspended sales of certain trims of its flagship large SUV, "The All-New Palisa ...; Eunsil Ju Reporter 2026.03.15

From AI Assistance to Action: Samsung Unveils the Galaxy S26 Ultra and Buds4 Pro: SEOUL – Samsung Electronics has officially ushered in the era of the "Agentic AI" smartphone with the release of the Galaxy ...; Ana Fernanda Reporter 2026.03.12

Google, SKT, and Nexon Named South Korea’s ‘Best Places to Work’ for 2026: SEOUL – JobPlanet, the AI-driven career platform operated by HR tech firm WorkSphere, officially announced the winners of th ...; Min Gyu Mi Reporter 2026.03.11

E-Mart to Take Full Ownership of Shinsegae Food Through Comprehensive Stock Exchange: SEOUL — E-Mart, South Korea’s retail giant, has officially moved to incorporate its subsidiary, Shinsegae Food, as a w ...; Hee Chan Kim Reporter 2026.03.11

“Mastering Household Chores”: US Humanoid Robot Demonstrates Living Room Cleaning Capabilities: (C) Reddit Silicon Valley — In a breakthrough for domestic automation, the vision of a robot butler has moved a step clos ...; Eunsil Ju Reporter 2026.03.11

K-Battery Giants Unveil Next-Gen Tech and ESS Strategies to Overcome EV "Chasm" at InterBattery 2026: (C) Nikkei Asia SEOUL – As the electric vehicle (EV) market faces a temporary slowdown, known as the "chasm," South Korea ...; KO YONG-CHUL Reporter 2026.03.11

Samsung Establishes Specialized 'Hand Lab' to Solve Humanoid Robot Dexterity: (C) The Daily Upside SEOUL — Samsung Electronics has officially launched a dedicated research organization, "Hand Lab," u ...; Global Economic Times Reporter 2026.03.11

KEXIM Ignites 'K-Finance' with 450 Billion Won Support for Taihan Cable’s Submarine Plant: (C) Taihan News SEOUL – The Export-Import Bank of Korea (KEXIM) is taking a decisive step to bolster the nation’s c ...; Yim Kwangsoo Correspondent 2026.03.09

Japan Approves World's First iPSC-Derived Therapies: A New Era for Regenerative Medicine: (C) Pharm Prom In a landmark decision for global healthcare, the Japanese government has officially approved the world's first ...; Ana Fernanda Reporter 2026.03.09