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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Paraguayan Retailers Sound Alarm Over Surge in Used Clothing Imports: ASUNCIÓN, Paraguay - The Paraguayan Association of Merchants and Importers (Asimcopar) is calling for stricter regulations ...; Yim Kwangsoo Correspondent 2025.04.02

Asunción Emerges as Telecommunications Hub for ITU Regional Forum: ASUNCIÓN, Paraguay - Global experts in the field of telecommunications have converged in Asunción this week as the I ...; Yim Kwangsoo Correspondent 2025.04.02

Daejeon City to Fully Implement Professional Consulting for Resolving Apartment Noise Issues: Daejeon City will fully operate a ‘Professional Consulting Service for Resolving Inter-Floor Noise’ to systematically ...; HONG MOON HWA Senior Reporter 2025.04.02

Daejeon Institute of Science and Technology Advancement to Relocate to Daedeok-gu: The Daejeon Institute of Science and Technology Advancement (DISTEP) has confirmed its relocation to Hannam University's Campus In ...; HONG MOON HWA Senior Reporter 2025.04.02

“Let’s jointly attract the National AI Computing Center”… Domestic and foreign companies are sending ‘love calls’ to Cheonan: As Cheonan City takes the lead in attracting the ‘National AI Computing Center,’ it is receiving numerous ‘love ...; HONG MOON HWA Senior Reporter 2025.04.02

Chungcheongnam-do to Develop New Zero-Energy Vertical Farm Model: Chungcheongnam-do (South Chungcheong Province) announced on April 1st that it has been finally selected for the 'K-Vertical Farm G ...; KO YONG-CHUL Reporter 2025.04.02

First Step for Smart Agriculture Talent: The 17th Daejeon Green Agriculture College Entrance Ceremony: The Daejeon Agricultural Technology Center successfully held the entrance ceremony for the 17th Daejeon Green Agriculture College ...; HONG MOON HWA Senior Reporter 2025.04.01

Unlocking Potential: Empowering Women in Paraguay's Agricultural Sector: Paraguay - In Paraguay's agricultural sector, women make significant contributions but face challenges in accessing equal opportun ...; Eugenio Rodolfo Sanabria Reporter 2025.04.01

Paraguay Celebrates Completion of GuaraniSat-2 Satellite Development; Italy Also Congratulates: Paraguay - A ceremony celebrating the completion of the engineering model of Paraguay's second indigenously developed nanosatellit ...; Yim Kwangsoo Correspondent 2025.04.01

Investment and Innovation, Keys to Unlocking Growth: BID Invest Announces Goal to Double Latin American Investors: At the Inter-American Development Bank (IDB) Annual Meeting, James Scriven, CEO of BID Invest, announced an ambitious plan to doub ...; KO YONG-CHUL Reporter 2025.04.01

Singapore Solidifies Position as Premier Launchpad for Cloud and AI Growth in Asia: Singapore - Singapore has firmly established itself as the leading hub for cloud computing and artificial intelligence (AI) growth ...; KO YONG-CHUL Reporter 2025.04.01

Meta Secures 25-Year Floating Solar Power Deal with Sembcorp in Singapore: Singapore – Meta, the global technology conglomerate, has solidified its commitment to renewable energy in Singapore by sign ...; Graciela Maria Reporter 2025.04.01

ABS Wavesight Charts Future of Maritime Technology at Singapore Summit: SINGAPORE – ABS Wavesight, the software-as-a-service arm of global classification society ABS, recently convened its Vision ...; Desk 2025.04.01

Singaporean Firm to Build Major Data Centers in Kazakhstan, Boosting Digital Hub Ambitions: ALMATY, Kazakhstan – Singaporean company GK Hyperscale Ltd is set to play a pivotal role in bolstering Kazakhstan's digital ...; Ana Fernanda Reporter 2025.04.01

Singapore and India Join Forces to Establish Green and Digital Shipping Corridor: Singapore/India - Singapore and India have taken a significant step towards a more sustainable and efficient maritime future by si ...; Yim Kwangsoo Correspondent 2025.04.01

Portugal Ascends as a Prime Destination for Hotel Investment in Europe: Portugal – Portugal has emerged as the third most attractive country for hotel investment in Europe, according to a recent 2 ...; KO YONG-CHUL Reporter 2025.03.31

Venezuela-Trinidad Gas Project Advances Amid US Sanctions Uncertainty: Port of Spain, Trinidad and Tobago – Despite mounting pressure from the United States on Venezuela and lingering uncertainty ...; Pedro Espinola Special Correspondent 2025.03.31

US Ends Oil Payment Authorizations for Venezuela's PDVSA, Impacting Foreign Energy Firms: Washington D.C., USA - The United States government has informed several international energy companies, including Italy's Eni, th ...; Graciela Maria Reporter 2025.03.31

Thailand Bets on Big: Casino Resorts Could Reshape Tourism Landscape: Bangkok, Thailand - Thailand is poised to enter the high-stakes world of international gaming resorts, following the Thai cabinet' ...; ONLINE TEAM 2025.03.31

UOBAM Gears Up to Enter Taiwan's Nascent Active ETF Market: Singapore – Singapore's UOB Asset Management (UOBAM) has announced its intention to enter Taiwan's burgeoning active exchang ...; KO YONG-CHUL Reporter 2025.03.31