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 Korean Giants Samsung and LG Deploy AI-Powered Televisions in Strategic Counteroffensive Against Chinese Low-Cost TV Market: SEOUL, SOUTH KOREA – In a determined effort to maintain their dominance in the premium television market amidst a growing in ...; Desk 2025.04.07

SK E&S Electric Link Secures Seoul's EV Fast-Charging Project for Unprecedented Fifth Year: SEOUL, SOUTH KOREA – SK E&S Electric Link, a prominent leader in South Korea's burgeoning electric vehicle (EV) charging ...; KIM YOUNG MIN 2025.04.07

Seoul Mayor Unveils Sweeping Deregulation Package to Enhance Citizen Convenience and Economic Activity: SEOUL, SOUTH KOREA – The Seoul Metropolitan Government, under the leadership of Mayor Oh Se-hoon, today announced a signific ...; Yim Kwangsoo Correspondent 2025.04.07

Seoul Invests in Sustainable Design, Offering Global Market Access to 20 Selected Firms: SEOUL, SOUTH KOREA – In a significant move to champion environmentally and socially conscious innovation, the Seoul Metropol ...; ONLINE TEAM 2025.04.07

Seoul Faces Controversy for Non-Disclosure of Sinkhole Risk Map Amid Seongsu Bridge Echoes: SEOUL, SOUTH KOREA – Following a fatal sinkhole incident in Gangdong-gu, Seoul, where a motorcyclist in his 30s died, the Se ...; KO YONG-CHUL Reporter 2025.04.07

Incheon's Jung-gu Steps Up Engagement with Residents Ahead of Yeongjong District Split: INCHEON, SOUTH KOREA – Incheon's Jung-gu (Central District) is actively engaging with its residents as it progresses in its ...; Desk 2025.04.07

Incheon Invests $53 Million in Second Subsea Pipeline to Bolster Water Supply to Yeongjong Island: INCHEON, SOUTH KOREA – In a significant move to secure a reliable water supply for the burgeoning Yeongjong Island, the Inch ...; KO YONG-CHUL Reporter 2025.04.07

High Demand for Incheon Environment Corporation's New Weekend Farm in Yeongjongdo: YEONGJONGDO, INCHEON, SOUTH KOREA – The Unbuk Operations Center of the Incheon Environment Corporation (IECO) has recently i ...; Hwang Sujin Reporter 2025.04.07

Incheon Economic Zone Eyes $1.06 Billion in Revenue Through Strategic Songdo Land Sales: INCHEON, SOUTH KOREA – The Incheon Free Economic Zone Authority (IFEZA) has announced its ambitious plan to auction off 17 p ...; Min Gyu Mi Reporter 2025.04.07

Incheon Invests $165 Million to Secure Future Water Supply for Growing Metropolitan Area: INCHEON, SOUTH KOREA – In a proactive move to address the increasing water demands of its rapidly expanding urban and econom ...; KO YONG-CHUL Reporter 2025.04.07

Dark Past Underneath Songdo's Planned Renaissance: 700,000 Pyeong Amusement Park Site Built on Decades of Waste: INCHEON, SOUTH KOREA – Beneath the ambitious plans for a "Songdo Amusement Park Renaissance" lies a stark and inconvenient t ...; ONLINE TEAM 2025.04.07

Long-Stalled 103-Story Skyscraper Project in Songdo, Incheon, Gains Momentum After 17-Year Hiatus: INCHEON, SOUTH KOREA – The Incheon Free Economic Zone Authority (IFEZA) has announced a significant breakthrough in the long ...; Hwang Sujin Reporter 2025.04.07

Ambitious Waterfront Project to Transform Songdo into an Exotic Coastal City: SONGDO INTERNATIONAL CITY, SOUTH KOREA – Songdo International City, a cutting-edge smart city within the Incheon Free Econom ...; KO YONG-CHUL Reporter 2025.04.07

Songdo Convensia Achieves Prestigious EarthCheck Gold Certification for Sustainable Practices: INCHEON, SOUTH KOREA – Songdo Convensia, a premier convention center located in Incheon, South Korea, has been awarded the e ...; Yim Kwangsoo Correspondent 2025.04.07

Gimpo Gears Up for 'Hangang Bus' Service, Potential Launch by 2027: GIMPO, SOUTH KOREA – Residents of Gimpo may soon benefit from an expansion of Seoul's innovative 'Hangang Bus' water transp ...; Min Gyu Mi Reporter 2025.04.07

Gimpo City Unveils Ambitious Plan to Generate Over 18,700 Jobs in 2025: GIMPO, SOUTH KOREA – Gimpo City has announced a comprehensive '2025 Local Job Target Public Announcement System,' outlining ...; Desk 2025.04.07

Ganghwa County Offers Financial Assistance to Fruit Growers for Protective Fruit Bags: GANGHWA ISLAND, SOUTH KOREA – Ganghwa County is actively supporting its local fruit growers by offering financial assistance ...; Desk 2025.04.07

Sihung City Celebrates Urban Agriculture Day, Launches Community Farming Initiatives: SIHUNG, SOUTH KOREA – Sihung City is gearing up to host a significant celebration of urban agriculture on Saturday, April 1 ...; Hwang Sujin Reporter 2025.04.07

Anyang Industry Promotion Agency Empowers Startups with Enhanced Digital Marketing Skills: ANYANG, SOUTH KOREA – The Anyang Industry Promotion Agency (AIPA), under the leadership of Chairman Choi Dae-ho, recently co ...; KO YONG-CHUL Reporter 2025.04.07

Australia Bolsters Anti-Dumping Measures Amid Global Trade Tensions: The recent imposition of sweeping tariffs by the United States has sent ripples through global markets, prompting Australia to rei ...; Desk 2025.04.07