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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Japan's Golf Industry Pins Hopes on Asian Tourists Amid Domestic Decline: Tokyo, Japan - Japan, boasting the world's third-largest number of golf courses at approximately 2,200, is strategically focusing ...; Hwang Sujin Reporter 2025.04.23

Chungnam Province Explores Strategies for Participating in Ukraine's Reconstruction Projects: Cheonan, South Korea - As discussions regarding the end of the Russia-Ukraine war gain momentum, Chungnam Province is actively see ...; KO YONG-CHUL Reporter 2025.04.23

Seoul Court Approves $60 Million DIP Financing for Ailing Homeplus: SEOUL, South Korea – The Seoul Bankruptcy Court has granted permission for Homeplus, a major South Korean retailer currently ...; Yim Kwangsoo Correspondent 2025.04.23

South Korean Startup Tesollo Unveils Human-like Robotic Hands at Prestigious AI Conference in Singapore: Tesollo, an innovative South Korean startup at the forefront of developing advanced multi-joint robotic grippers and sophisticated ...; Graciela Maria Reporter 2025.04.23

Singapore Airlines Launches Limited-Time Spring Season Promotion for Korea Departures: Singapore Airlines is offering a special, limited-time fare promotion for its routes departing from Incheon and Busan, South Korea ...; Ana Fernanda Reporter 2025.04.23

Singapore Navigates Global Economic Headwinds with Bold MICE Industry Expansion: Amidst the triple challenges of rising protectionism, inflation, and economic slowdown plaguing the global tourism market, Singapo ...; Ana Fernanda Reporter 2025.04.23

Daejeon Secures KRW 10 Billion from the Ministry of Trade, Industry and Energy for "Additive Manufacturing-Based Customized Flexible In-line Shared Factory Construction Project": Daejeon City has positioned itself as a key hub for fostering strategic industries based on the advancement of foundational manufa ...; HONG MOON HWA Senior Reporter 2025.04.23

South Chungcheong Province Mobilizes to Rescue Beleaguered Ginseng and Medicinal Herb Industry: The South Chungcheong Provincial Council's Special Committee on Promoting the Ginseng and Medicinal Herb Industry has sounded the ...; HONG MOON HWA Senior Reporter 2025.04.23

South Korea Accelerates Development of Hydrogen-Electric Air Mobility with New Test Infrastructure: TAEAN-GUN, SOUTH KOREA – South Chungcheong Province is making significant strides in establishing a cutting-edge test and e ...; HONG MOON HWA Senior Reporter 2025.04.23

Daejeon Metropolitan City Supports Promising Local Companies to Become the "Next Alteogen": Daejeon Metropolitan City has stepped forward to support the successful Initial Public Offering (IPO) of promising local small and ...; KO YONG-CHUL Reporter 2025.04.23

Daejeon City Eyes Bio-Hub Status with Strong Backing for Local Biotech Leader Alteogen: Daejeon Metropolitan City is doubling down on its ambition to become a premier science and economic hub in South Korea, evidenced ...; KO YONG-CHUL Reporter 2025.04.23

Daejeon City and Hanbat National University to Lead Regional Innovation Centered on Semiconductors: Daejeon City and Hanbat National University are jointly designing the future of South Korea's semiconductor industry. The city is ...; HONG MOON HWA Senior Reporter 2025.04.23

Chungnam Province Enhances Tourism Initiatives for 2025-2026 'Visit Chungnam Years': Chungnam Province is ramping up its efforts to attract 50 million tourists during the 2025-2026 'Visit Chungnam Years'. To this en ...; HONG MOON HWA Senior Reporter 2025.04.23

South Chungcheong Province to Lead the 'Future Agriculture' Sector with Eco-Friendly Mobility Industry: Province Secures 10 Billion KRW in National Funding from the Ministry of Trade, Industry and Energy's '2025 Industrial Innovation ...; HONG MOON HWA Senior Reporter 2025.04.23

Daegu International Green Energy Expo Opens: A Showcase of Future Energy Technologies: The Daegu International Green Energy Expo, recognized as one of Asia's top three energy industry exhibitions, will grandly open it ...; KO YONG-CHUL Reporter 2025.04.22

Shanghai Auto Show 2025: A Glimpse into the Future of the Global Automotive Industry: The Shanghai Auto Show (Auto Shanghai), recognized as one of the world's largest automotive exhibitions, grandly opened on April 2 ...; Eugenio Rodolfo Sanabria Reporter 2025.04.22

Shinan, Jeollanam-do to Build a Mega Offshore Wind Farm Equivalent to Two Nuclear Power Plants: A super-large offshore wind power complex with a capacity of 3.2GW, equivalent to two nuclear power plants, is slated for construc ...; KIM YOUNG MIN 2025.04.22

Argentina's Lithium Industry 'Stirs' Amid Sustained Electric Vehicle Demand: Recently, as the price of lithium, a key raw material for electric vehicle batteries, has plummeted due to oversupply, lithium min ...; Greace Nunez Correspondent 2025.04.22

Argentina 2025 Vintage: Two Sharply Contrasting Seasons: The 2025 vintage in most of Argentina began with record high temperatures and an unusually early budbreak. However, as it progress ...; Pedro Espinola Special Correspondent 2025.04.22

GM to Continue Electric Vehicle Production in Mexico, No Plans to Move to the US: Amidst increasing tariffs, union jobs, and overall uncertainty across the automotive industry, General Motors (GM) has announced t ...; Eunsil Ju Reporter 2025.04.22