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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South Korean Steelmakers on the Brink: Scrambling for Survival Amid Rising Nighttime Electricity Rates: The South Korean steel industry is facing a perfect storm. Already struggling with a flood of low-priced Chinese steel and high-ta ...; KO YONG-CHUL Reporter 2026.03.09

Doosan Robotics to Supply 100+ Robot Solutions to Kwangjin Group, Accelerating Global Manufacturing Innovation: (C) Doosan Robotics Doosan Robotics is accelerating the transition to robotic automation in manufacturing through a strategic p ...; KO YONG-CHUL Reporter 2026.03.09

Namyangju Targets Gwacheon Racecourse Relocation: A Vision for a "Blue-Green" Mega-Complex Linked to GTX and 3rd Generation New Towns: NAMYANGJU – In a strategic move to redefine its urban identity and bolster financial independence, Namyangju City has offici ...; KIM YOUNG MIN 2026.03.08

Domino’s Korea Embraces "Authentic Stateside Flavors" with New American Classic Pizza Duo: SEOUL – Domino’s Pizza Korea announced on March 6, 2026, the launch of its "American Classic Pizza" line, featuring tw ...; Hwang Sujin Reporter 2026.03.07

Sempio and KFRI Join Forces to Pioneer High-Value Food Technologies: SEOUL — Sempio, South Korea’s leading food company renowned for its fermentation expertise, has announced the signing ...; KIM YOUNG MIN 2026.03.07

Yujin Robot Evolves Industrial Automation: Integrating Autonomous Mobility and Collaborative Robotics: (C) Yujin Robot SEOUL — Yujin Robot, a pioneer in the Korean robotics industry, is accelerating its expansion into the in ...; ONLINE TEAM 2026.03.07

Hanwha Aerospace Solidifies Baltic Stronghold with $330M Defense Investment in Estonia: (C) Hanwha TALLINN – Hanwha Aerospace, South Korea’s leading defense contractor, has announced a landmark investmen ...; Hwang Sujin Reporter 2026.03.07

U.S. Labor Market Faces Cold Snap: Payrolls Plummet by 92,000 as Unemployment Edges Up to 4.4%: (C) CBS 42 NEW YORK — The resilient U.S. labor market hit a significant stumbling block in February, as nonfarm payrolls ...; Eugenio Rodolfo Sanabria Reporter 2026.03.07

Future on Three Wheels: Aptera Delivers World's First Solar-Powered Electric Vehicle: (C) KPBS SAN DIEGO — The dream of a car that never needs to be plugged in moved one step closer to reality today as Califo ...; Kim Sungmoon Reporter 2026.03.06

'Made in Europe' Mandate Hits Korean Auto Industry: Emergency Lights Flashing Over New EU Protectionism: (C) Battery News The South Korean automotive industry has entered a state of high alert following the European Union’s of ...; Global Economic Times Reporter 2026.03.06

U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports: (C) Market Watch WASHINGTON D.C. — The U.S. labor market showed unexpected resilience in February, with private payrolls ...; Greace Nunez Correspondent 2026.03.05

Industrial Output Dips in January Amid Semiconductor Adjustments; Middle East Tensions Loom as Wild Card: (C) Sourcengine SEJONG — South Korea's industrial production saw its first decline in three months in January, primarily ...; HONG MOON HWA Senior Reporter 2026.03.05

Samsung Electronics Unveils Vision for 'AI-Driven Factories' by 2030: A Paradigm Shift in Global Manufacturing: (C) Samsung Global Newsroom SEOUL – In a move that signals the dawn of a new industrial era, Samsung Electronics official ...; Global Economic Times Reporter 2026.03.02

K-Home Appliances Dominate Cordless Vacuum Market, Outpacing Robot Vacuums 2-to-1: (C) Vacuum Wars SEOUL — South Korean tech giants continue to maintain a "fortress" in the domestic cordless stick vacuum ma ...; Global Economic Times Reporter 2026.03.02

K-Content Hits Record Highs: $140 Billion in Exports and ₩157 Trillion in Sales in 2024: (C) Youtube SEOUL – South Korea’s cultural content industry, widely known as "K-Content," has reached an unpreceden ...; Shin Yeju 2026.03.01

IT Telecom Clinches V2X Supply Deal for New York State Autonomous Driving Project: (C) embedUR SEOUL, South Korea – IT Telecom, a leading South Korean developer of connected vehicle technologies, has offi ...; Eunsil Ju Reporter 2026.03.01

Incheon Port’s Used Car Exports Plunge for Two Consecutive Months Amid Tightening Global Regulations: INCHEON — Incheon Port, South Korea’s primary gateway for secondhand vehicle exports, is facing a significant downturn ...; Min Gyu Mi Reporter 2026.03.01

Samsung and SK Hynix Hike Board Compensation Amid Record HBM Boom; Q1 Profits Expected to Hit ₩60 Trillion: SEOUL — South Korea’s semiconductor giants, Samsung Electronics and SK Hynix, are significantly increasing compensatio ...; JEONG CHAN MYEONG 2026.02.28

Hyundai Motor Group Ignites $6.7 Billion Future Tech Hub in Saemangeum: A Milestone for South Korea’s Green Transition: GUNSAN, South Korea – In a historic move that signals a paradigm shift for South Korea’s industrial landscape, Hyundai ...; KO YONG-CHUL Reporter 2026.02.28

AI Agents Take Center Stage: Solving 74% of Inquiries as Adoption Sweeps E-Commerce, Aviation, and Law: (C) Master of Code SEOUL — The era of "Agentic AI" has officially moved from experimental pilot programs to mission-criti ...; Hwang Sujin Reporter 2026.02.27