Global Economic Times

2026.08.11 (Tue)
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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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Localization of Specialized Semiconductors Complete: 4-Inch Wafer Yield Hits 95%: SEOUL — South Korea has secured a critical foothold in the global race for semiconductor sovereignty. The Korea Advanced Nan ...; KO YONG-CHUL Reporter 2026.03.30

Arm Breaks 35-Year Tradition to Sell Own Chips, Challenging Intel and AMD in AI Race: SEOUL — Arm, the global leader in semiconductor intellectual property (IP), has officially announced its entry into the sili ...; Ana Fernanda Reporter 2026.03.26

President Lee Attends Rollout of First Mass-Produced KF-21: "A Symbol of Self-Reliant Defense and Global Ambition": SACHEON, South Korea – On March 25, 2026, President Lee Jae-myung attended the rollout ceremony for the first mass-produced ...; Global Economic Times Reporter 2026.03.26

GIST Unveils 'Virtual Battery' Framework to Turn Thousands of EVs into a Unified Power Resource: GWANGJU, South Korea – Researchers at the Gwangju Institute of Science and Technology (GIST) have developed a groundbreaking ...; Kim Sungmoon Reporter 2026.03.24

Naver D2SF Launches 18th Campus Tech Startup Competition to Foster Next-Gen Innovators: Naver D2SF (D2 Startup Factory) announced on Friday the opening of its "18th Campus Tech Startup Competition," a specialized incub ...; KO YONG-CHUL Reporter 2026.03.22

HP Targets Korea as Strategic Hub for 'Edge AI' Expansion, Seeking Startup Partnerships: HP, the global computing giant, has announced its transition into the era of "Edge AI," moving beyond cloud-centric models to acce ...; Global Economic Times Reporter 2026.03.22

LG Energy Solution to Pivot Strategy: Boosting ESS and New Business Share to Mid-40% Range: (C) The Investor SEOUL – LG Energy Solution (LGES), a global leader in the battery industry, has announced a significant ...; Desk 2026.03.20

BMW ‘The New i3’ Next-Gen EV: 900km Range: MUNICH — As the automotive world pivots toward a sustainable future, BMW has officially unveiled what may be the most pivota ...; Global Economic Times Reporter 2026.03.19

Samsung Electronics Bets Big on AI Era with Record $83 Billion Investment Blitz: SEOUL – In a bold bid to cement its dominance in the burgeoning artificial intelligence (AI) landscape, Samsung Electronics ...; KO YONG-CHUL Reporter 2026.03.19

LG Electronics Slashes Entry-Level OLED TV Prices in Europe to Counter Chinese LCD Dominance: BERLIN – In a strategic move to solidify its dominance in the global home entertainment market, LG Electronics has announced ...; Desk 2026.03.18

Power Semiconductor Prices Surge Following Memory Chips: Production Costs and AI Demand Fuel Hike: (C) Astute Group Overview: A Perfect Storm in the Legacy Node MarketThe global semiconductor supply chain is facing a new wave ...; Global Economic Times Reporter 2026.03.18

Chungnam Techno Park to Launch 'Hydrogen Industry Council' with 16 Key Organizations Building an Action-Oriented Governance for the Region's Hydrogen Ecosystem: CHUNGNAM, South Korea — In a strategic move to solidify its position as a global leader in the hydrogen economy, Chungnam Te ...; HONG MOON HWA Senior Reporter 2026.03.16

LG Electronics Unveils Specialized HVAC Solutions in India, Aiming for B2B Market Leadership: [MUMBAI, INDIA] — LG Electronics is making a strategic push into the Indian B2B market by showcasing a comprehensive suite o ...; Hee Chan Kim Reporter 2026.03.16

Shinil Electronics Eyes KRW 200 Billion Revenue Target Through Product Diversification and Digital Transformation: Shinil Electronics, South Korea’s undisputed leader in the electric fan market, has officially announced a strategic roadmap ...; Kim Sungmoon Reporter 2026.03.16

BYD Set to Break Record: Fastest Import Car Brand to Hit 10,000 Sales in Korea: BYD, the global electric vehicle giant, is on the verge of rewriting the history of the South Korean imported car market. Accordin ...; KO YONG-CHUL Reporter 2026.03.16

GBSA Emerges as Digital Security Powerhouse, Top-Ranked in Provincial Security Assessment: (C) Cimatri SUWON, GYEONGGI — The Gyeonggi Business & Science Accelerator (GBSA), led by Executive Director Kim Hyun- ...; Global Economic Times Reporter 2026.03.16

Price Fixing in the Pork Industry: Nine Processors Fined 3.1 Billion Won for Colluding on Supply Prices to E-Mart: SEOUL – In a landmark move to curb unfair trade practices in the food industry, South Korea's antitrust watchdog has imposed ...; Global Economic Times Reporter 2026.03.15

Hyundai Halts Sales of "The All-New Palisade" Following Fatal Safety Incident in the U.S.: SEOUL — Hyundai Motor Company has officially suspended sales of certain trims of its flagship large SUV, "The All-New Palisa ...; Eunsil Ju Reporter 2026.03.15

From AI Assistance to Action: Samsung Unveils the Galaxy S26 Ultra and Buds4 Pro: SEOUL – Samsung Electronics has officially ushered in the era of the "Agentic AI" smartphone with the release of the Galaxy ...; Ana Fernanda Reporter 2026.03.12

Google, SKT, and Nexon Named South Korea’s ‘Best Places to Work’ for 2026: SEOUL – JobPlanet, the AI-driven career platform operated by HR tech firm WorkSphere, officially announced the winners of th ...; Min Gyu Mi Reporter 2026.03.11

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