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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Semiconductor Super-Cycle Powers Korea’s Fiscal Recovery: Corporate Tax Surge Hits 22 Trillion Won: (C) The Straits Times SEOUL – South Korea’s national tax revenue saw a significant rebound last year, driven by a " ...; Hwang Sujin Reporter 2026.02.11

Export Polarization Intensifies: Top 10 Giants Command 40% of South Korean Exports: SEOUL — South Korea’s export economy is witnessing a stark "K-shaped" divergence. While the nation’s total expor ...; KO YONG-CHUL Reporter 2026.02.11

Wayvis Swings to Profit as Defense Semiconductor Exports Surge: (C) EBN Wayvis, a leading South Korean specialist in Radio Frequency (RF) Gallium Nitride (GaN) semiconductors, announced Monda ...; Graciela Maria Reporter 2026.02.09

South Korean Conglomerates Pledge 270 Trillion Won for Regional Investment to Boost Jobs and Growth: (C) Business Standard SEOUL – In a major move to revitalize local economies and address the youth unemployment crisis, Sout ...; Desk 2026.02.05

LG Electronics: A New Titan in Robotics, or Still Just a Contender?: (C) LG LAS VEGAS — As the dust settles on CES 2026, the financial world is grappling with a pivotal question: Is LG Electro ...; KO YONG-CHUL Reporter 2026.02.03

South Korea’s First Mass-Produced Micro-Satellite Successfully Launched and Linked: (C) The Diplomat South Korea has successfully launched and established communication with its first mass-produced Micro-Satelli ...; Global Economic Times Reporter 2026.01.30

Tesla Weathers the Storm: Q4 Results Beat Estimates Despite Slowing Growth: (C) Teslarati LOS ANGELES — Tesla Inc. managed to pull a rabbit out of the hat on Wednesday, reporting fourth-quarter fin ...; Global Economic Times Reporter 2026.01.29

Chungnam Province Showcases Geumsan Ginseng at Berlin’s International Green Week 2026: (C) Euro Travelo BERLIN – Chungcheongnam-do (Chungnam Province) has successfully concluded a high-profile promotional cam ...; HONG MOON HWA Senior Reporter 2026.01.26

Dongbu Corporation Hits 50% Milestone in El Salvador’s Landmark Los Chorros Infrastructure Project: (C) Diario El Mundo SAN SALVADOR – Dongbu Corporation, a leading South Korean construction firm, has officially surpassed ...; Pedro Espinola Special Correspondent 2026.01.26

Amazon Zoox Courts South Korean Tech for Robotaxi Supply Chain Expansion: (C) Post Register LAS VEGAS - Amazon’s autonomous driving subsidiary, Zoox, is actively seeking to integrate South Korean ...; Graciela Maria Reporter 2026.01.26

Rising Prices Drive Surge in Warehouse Clubs; Payments Double in 4 Years: SEOUL – Amid prolonged high inflation and a squeeze on consumer spending, South Korea’s retail landscape is undergoing ...; Desk 2026.01.26

Incheon International Airport Sets All-Time Record with 74 Million Passengers in 2025: (C) AviTrader SEOUL – Incheon International Airport, the primary gateway to South Korea, recorded its highest-ever annual ...; Yim Kwangsoo Correspondent 2026.01.25

Hyundai Motor Slashes EV Interest Rates, Offering Up to 6.5 Million Won in Incentives: (C) Asahi.com Hyundai Motor Company announced today a significant update to its "Hyundai EV Burden Down" promotion, aggressivel ...; Global Economic Times Reporter 2026.01.23

"A Race Car Unleashed on the Streets": Maserati Launches '400-Million-Won' Super Sports Car in Korea: (C) The Autopian [PANGYO, Gyeonggi Province] Maserati Korea has officially launched the 'GT2 Stradale' in the domestic market, ...; Desk 2026.01.23

Sony to Cede Control of TV Business to China’s TCL in Major Restructuring: (C) X.com TOKYO/SHENZHEN — Sony Group is spinning off its storied television business to form a joint venture with China& ...; Yim Kwangsoo Correspondent 2026.01.21

United Airlines Soars on Robust Demand; Forecasts Record-Breaking 2026: (C) Alnvest CHICAGO – United Airlines (UAL) shares surged nearly 5% in after-hours trading Tuesday after the carrier repo ...; Global Economic Times Reporter 2026.01.21

The Ultimate Family SUV: Hyundai Palisade Dominates "North American Car of the Year": (C) Namuwiki DETROIT — Hyundai Motor’s flagship SUV, the Palisade, has achieved a landslide victory at the prestigi ...; Pedro Espinola Special Correspondent 2026.01.21

Hyundai’s ‘Atlas’ Shakes Up CES 2026: A Formidable Rival to Tesla’s Optimus: (C) Electrek LAS VEGAS – Hyundai Motor Group’s robotics subsidiary, Boston Dynamics, has taken center stage at CES ...; Graciela Maria Reporter 2026.01.18

Rise of C-Beauty: Chinese Cosmetic Brands Challenge K-Beauty’s Dominance with ‘Doll-like’ Makeup Trends: (C) Campaign Asia SEOUL — Chinese domestic cosmetic brands, collectively known as "C-Beauty," are aggressively expanding ...; Desk 2026.01.18

China Achieves Record $1.2 Trillion Trade Surplus Amid Global Shift: HONG KONG — China’s trade surplus reached a historic milestone of nearly US$1.2 trillion last year, a 20 percent surge ...; Ana Fernanda Reporter 2026.01.15