Global Economic Times

2026.08.12 (Wed)
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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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Incheon Free Economic Zone Authority Accelerates Songdo Landmark City Development in District 6·8: Incheon, South Korea – The Incheon Free Economic Zone Authority (IFEZ) announced on July 6, 2025, the official designation o ...; Min Gyu Mi Reporter 2025.07.06

China's Shipbuilding Behemoth Set to Emerge as Mega-Merger Nears Completion: A transformative merger within China's state-owned shipbuilding sector is poised to create a colossal entity, further solidifying ...; Ana Fernanda Reporter 2025.07.06

Garmin Unveils Cutting-Edge Forerunner 970: A Game-Changer for Elite and Enthusiast Runners: Garmin, a prominent American company, originated in 1989 in Kansas with a focus on GPS device manufacturing. Since its inception, ...; Hwang Sujin Reporter 2025.07.05

Exploring Solutions for Restructuring Strategic Industries: Busan-Jinhae Free Economic Zone Authority Specifies Future Strategies in Singapore: The Busan-Jinhae Free Economic Zone Authority (hereinafter BJFEZ) has embarked on a quest for future strategies to emerge as a log ...; Global Economic Times Reporter 2025.07.04

IQ-EQ Announces Key Appointments to Drive Asia and Middle East Expansion: Strengthening Presence in Singapore and Japan, Laying Cornerstone for Asia Growth Strategy: Global investor services provider IQ-EQ is accelerating its expansion in the Asia and Middle East markets by appointing key indivi ...; KO YONG-CHUL Reporter 2025.07.04

Tesa Opens 'Debonding-on-Demand' Lab in Singapore, Leading Sustainable Adhesive Technology: Tesa, a German adhesive tape technology specialist, has laid the cornerstone for future adhesive solution development by officiall ...; Desk 2025.07.04

Paraguay's State-Owned Cement Company (INC) Reports 28% Increase in Shipments and Expanded Market Share: Paraguay's state-owned cement company, INC, is playing a pivotal role in boosting the domestic construction sector, demonstrating ...; Yim Kwangsoo Correspondent 2025.07.04

Ministry of Agriculture and Rural Development Promotes Fairness by Revising Land Pricing Methods: Vietnam's Ministry of Agriculture and Rural Development (MARD), in collaboration with the Ministry of Finance, has announced plans ...; Hwang Sujin Reporter 2025.07.04

Activating Public-Private Partnerships (PPP) in Science, Technology, and Innovation, with Full Support from the Vietnamese Government: The Vietnamese government has established a new legal framework, including unprecedented incentives, to actively encourage private ...; Global Economic Times Reporter 2025.07.04

2025 K Med Expo Opens in Hanoi, Vietnam, Accelerating K-Medical Device Penetration in ASEAN Market: The "2025 Vietnam K Medical Device Exhibition (K Med Expo & Hanoi Int’l Meditech Show)," which serves as a bridgehead fo ...; KO YONG-CHUL Reporter 2025.07.03

K-Tuning Industry Pioneers Global Leap by Entering Vietnam: The South Korean automotive tuning industry has embarked on a significant turning point for global expansion by officially enterin ...; KO YONG-CHUL Reporter 2025.07.03

Paraguay's Meat Exports Exceed $1.3 Billion in First Half of 2025, Showing Steep Growth: Paraguay's meat exports have shown remarkable growth during the first half of 2025, invigorating the national economy. According t ...; Greace Nunez Correspondent 2025.07.02

Boosting Digital Payments for SMEs: Credit and Debit Card Fee Reductions: The Central Bank of Paraguay (BCP) has announced a reduction in interchange fees applied to credit and debit card transactions, in ...; Greace Nunez Correspondent 2025.07.02

Shadow Cast Over Livestock Industry: Informal Economy Stifles Productivity: ASUNCIÓN, Paraguay – The Paraguayan livestock industry is reeling under the shadow of the informal economy. The Rural ...; Pedro Espinola Special Correspondent 2025.07.02

Radiation Oncology, A Pillar of Precision Cancer Treatment, Faces Collapse in South Korea: SEOUL, South Korea – Once heralded as the epitome of precision medicine, capable of targeting cancerous cells within 1-2mm a ...; Hwang Sujin Reporter 2025.07.02

Hyundai Motor Achieves Near-Zero Domestic Turnover, Faces Global Workforce Challenges: SEOUL, South Korea – Hyundai Motor Company is setting a remarkable standard for employee retention within South Korea, repor ...; KIM YOUNG MIN 2025.07.02

South Korea Approves Naju Energy National Industrial Complex, Aiming for 2032 Completion as a Strategic Energy Hub: Naju, South Korea – The Ministry of Land, Infrastructure and Transport announced on July 2nd its approval for the industrial ...; ONLINE TEAM 2025.07.02

Kolon FnC Embraces Domestic Innovation: Flow Secures Landmark Collaboration Tool Deal: SEOUL, South Korea – Madrascheck Co., Ltd., the developer of Flow, a leading South Korean collaboration tool, announced toda ...; Hwang Sujin Reporter 2025.07.02

Robots to Spearhead Trillion-Dollar Nuclear Decommissioning Market: Seoul, South Korea – As the global nuclear power industry grapples with an aging fleet of reactors, a new frontier in high-t ...; Desk 2025.07.01

U.S. Pharmaceutical Industry Pressures Countries Like Korea on 'Drug Price Dumping'... "Must Use as Leverage in Trade Negotiations": WASHINGTON D.C. – The U.S. pharmaceutical industry has strongly criticized major developed countries, including South Korea, ...; KO YONG-CHUL Reporter 2025.07.01