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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South Korea Secures $120 Million Foreign Investment in Semiconductor Materials Sector: CHUNGCHEONGNAM-DO, South Korea – Chungcheongnam Province (Chungnam) has successfully attracted $120 million in foreign inves ...; HONG MOON HWA Senior Reporter 2025.06.19

Local Support Surges for Jicheon Climate-Resilient Dam Project: CHEONGYANG/BUYEO, CHUNGNAM PROVINCE – A recent survey commissioned by the Jicheon Dam Regional Consultative Body reveals ove ...; HONG MOON HWA Senior Reporter 2025.06.19

South Korea's Construction Sector Faces Deep Freeze as Job Losses Mount: SEOUL, South Korea – South Korea's construction industry is grappling with an unprecedented downturn, triggering widespread ...; Kim Sungmoon Reporter 2025.06.18

Hyundai Rotem Unveils K-Rail Blueprint at Busan International Railway Technology Fair: BUSAN, South Korea – Hyundai Rotem today unveiled its ambitious "K-Rail" roadmap, outlining its strategic direction to lead ...; ONLINE TEAM 2025.06.18

Cheonan City Urges National Inclusion of Jungbu-Transverse Railroad Project Amidst Growing Public Consensus: Cheonan City, South Korea – Cheonan City is intensifying its efforts to advocate for the Jungbu-Transverse Railroad project' ...; HONG MOON HWA Senior Reporter 2025.06.18

Samcheok City Provides Customized Comprehensive Consulting for Hanwoo Farms: SAMCHEOK, South Korea – The Samcheok City Agricultural Technology Center has implemented a tailored comprehensive consulting ...; KO YONG-CHUL Reporter 2025.06.18

Hankook Tire Secures 13th Consecutive 'Best Korea Brand' Recognition, Driven by EV and High-Performance Innovations: Seoul, South Korea – Hankook Tire & Technology, a leading global tire manufacturer, announced today its distinguished in ...; Desk 2025.06.17

Paraguay's San Pedro Region Accelerates Dairy Production Revitalization: Dairy producers in the San Pedro region, in collaboration with the Ministry of Agriculture and Livestock (MAG), are actively engag ...; Ana Fernanda Reporter 2025.06.17

Paraguay's Industries Anticipate Accelerated Growth Through BID Invest: A surge of vitality is sweeping through Paraguay's industrial sector following the Inter-American Development Bank (IDB) Group's p ...; Ana Fernanda Reporter 2025.06.17

Paraguay's Forestry Sector Flourishes with Record Exports and Surging Investment: Paraguay's forestry sector is experiencing unprecedented growth, transforming into a "thriving business" thanks to historical expo ...; Eugenio Rodolfo Sanabria Reporter 2025.06.17

Buenos Aires Subway Faces Deepening "Citizen Disregard" as Soaring Fares Drive Steep Decline in Ridership: BUENOS AIRES – Argentina's capital, Buenos Aires, which was the first city in Latin America to introduce a subway system, is ...; Ana Fernanda Reporter 2025.06.17

MAFRA-KOTRA Host '2025 Southeast Asia Smart Farm Roadshow’: The Ministry of Agriculture, Food and Rural Affairs (Minister Song Mi-ryung) and KOTRA (President Kang Gyeong-seong) successfully ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan Transforms Vacant Properties into Vibrant Community Assets: ULSAN, South Korea – As rural and regional areas across South Korea grapple with a growing exodus of residents, Ulsan City i ...; Hwang Sujin Reporter 2025.06.16

Ulsan Seeks European Investment, Touts Green Energy Hub Ambitions in Sweden: Ulsan, South Korea – A high-level investment delegation from Ulsan Metropolitan City recently wrapped up a significant visit ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan Poised to Become Northeast Asia's AI Data Hub with $7 Billion Amazon-SK Investment: ULSAN, South Korea – Ulsan, a city historically known as South Korea's industrial powerhouse, is set to undergo a significan ...; KO YONG-CHUL Reporter 2025.06.16

Ulsan City Boosts Local SMEs with Comprehensive Design Support Program: Ulsan, South Korea – Ulsan Metropolitan City has officially launched a robust initiative to enhance the brand competitivenes ...; KO YONG-CHUL Reporter 2025.06.16

Taean International Horticulture and Healing Expo to Accelerate Domestic and International Promotion: The Organizing Committee for the 2026 Taean International Horticulture and Healing Expo (hereinafter referred to as the "Organizin ...; HONG MOON HWA Senior Reporter 2025.06.13

Melon Necrotic Spot Virus (MNSV) Spreading: 'Caution Advised': On the 10th, the Chungcheongnam-do Agricultural Research & Extension Services (ARES) announced prevention and early response m ...; HONG MOON HWA Senior Reporter 2025.06.13

Cheongyang Establishes Key Hub for Social Economy Enterprises: The 'Chungnam Social Economy Innovation Town,' which will lead Chungnam Province's social economy, has officially begun operations ...; KO YONG-CHUL Reporter 2025.06.13

Labor Representative Storms Out of Conasam Meeting, Protesting Minimum Wage Hike Proposal: ASUNCIÓN, Paraguay – In the second meeting of Paraguay's National Minimum Wage Council (Conasam), Bernardo Rojas, a l ...; Eugenio Rodolfo Sanabria Reporter 2025.06.13