Global Economic Times

2026.08.12 (Wed)
All articles

LOGIN
JOIN

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

Industry

Search: 1,970

Vancouver Housing Market Poised to Outperform Toronto Amid Sluggish Start to 2025, TD Economics Reports: Toronto, ON – Canada's two most expensive housing markets have begun 2025 with notable sluggishness, but a recent report fro ...; Graciela Maria Reporter 2025.03.09

Canadian Housing Market Cools Amid Trade War Fears, Harsh Weather: TORONTO – Canada's housing market experienced a sharp downturn in February, as fears surrounding the U.S. trade war and seve ...; Ana Fernanda Reporter 2025.03.09

Daewoong Pharmaceutical Accelerates Latin American Market Penetration with Nabota Launch in Ecuador: Daewoong Pharmaceutical is accelerating its penetration into the Latin American market by launching its botulinum toxin product, N ...; KO YONG-CHUL Reporter 2025.03.08

Uzbek National Purchases Luxury Apartment in Seoul's Banpo for Record $5.6 Million in Cash: A high-profile real estate transaction has recently made headlines in South Korea, as a large luxury apartment in the prestigious ...; ONLINE TEAM 2025.03.08

CNC Planet Accelerates Global Market Penetration with Acquisition of Filflo and Launch of Three Innovative Patch Products: Global cosmetics distribution and consulting company CNC Planet has acquired skincare brand Filflo, strengthening its own brand co ...; Hwang Sujin Reporter 2025.03.08

Tanzania Breaks Ground on Kidunda Dam, Prioritizing Water Security and Environmental Conservation: MOROGORO, Tanzania – Prime Minister Kassim Majaliwa ceremoniously laid the foundation stone for the long-awaited Kidunda Dam ...; Hee Chan Kim Reporter 2025.03.08

Tanzania Boosts Water Management with New Hydrological Monitoring Stations: DODOMA, Tanzania – In a landmark move towards ensuring the sustainable management of its vital water resources, Tanzania has ...; Hee Chan Kim Reporter 2025.03.08

Tanzania's Transportation Tug-of-War: SGR's Speed vs. Buses' Flexibility: DAR ES SALAAM – Tanzania's Standard Gauge Railway (SGR) has undeniably revolutionized long-distance travel, offering a moder ...; Hee Chan Kim Reporter 2025.03.08

Jeju Expands Drone Delivery Services to Remote Islands: Jeju Special Self-Governing Province has been selected for the Ministry of Land, Infrastructure, and Transport's '2025 Drone Demon ...; ONLINE TEAM 2025.03.07

GS Caltex Shifts Focus to Eco-Friendly Energy, Investing Heavily in Bio and Hydrogen: Since its inception in 1967, amidst the burgeoning South Korean industrial landscape, GS Caltex has risen to become a national ene ...; Desk 2025.03.07

Thousands Flock to Apply for Incheon's "Thousand-Won Housing" Project: INCHEON, South Korea – Hundreds of newlyweds flocked to Incheon City Hall on March 6th, eager to apply for the city's innova ...; Min Gyu Mi Reporter 2025.03.07

Cheolwon County Accelerates Construction of Park Golf Courses to Meet Residents' Needs: Cheolwon County is expediting the construction of park golf courses, a long-awaited project for its residents. The county recently ...; Desk 2025.03.07

AI's Sensory Revolution: From Drug Detection to Digital Gastronomy: As the era of physical AI dawns, enabling interactions based on real-world spatial data, AI technologies are rapidly incorporating ...; ONLINE TEAM 2025.03.06

U.S. Private Sector Job Growth Halves Expectations Amid Economic Slowdown Concerns: Washington D.C. – U.S. private sector employment saw a significantly lower-than-expected increase in February, raising conce ...; Hannah Yeh Reporter 2025.03.06

South Korea to Introduce Foreign Caregivers and 'Top-Tier Visa' to Address Aging Population and Attract Tech Talent: The South Korean government is set to introduce foreign caregivers and a 'top-tier visa' to tackle the rapidly increasing demand f ...; Desk 2025.03.05

South Korean Mid-Sized Firms Foresee Export Decline Amid Global Economic Slowdown: Nearly four out of ten South Korean mid-sized companies anticipate a decrease in their export performance during the first half of ...; ONLINE TEAM 2025.03.05

Financial Supervisory Service to Intensify Oversight of Insurers' Unsound Business Practices: The Financial Supervisory Service (FSS) announced on the 5th that it will intensify its supervision and inspection of unsound busi ...; ONLINE TEAM 2025.03.05

Taeyoung E&C Secures 76.6 Billion KRW Contract for Cheongju Multipurpose Indoor Gymnasium: Taeyoung E&C has announced its first contract win of the year, securing a 76.6 billion KRW project to construct the Cheongju M ...; Hwang Sujin Reporter 2025.03.05

South Korea Grapples with Escalating Vacant Housing Crisis: 8 Out of 100 Homes Empty: A recent report by the Construction Economy Research Institute of Korea reveals a deepening vacant housing crisis in South Korea. ...; ONLINE TEAM 2025.03.05

Korean Pharmaceutical and Biotech Companies Accelerate Development of Obesity Treatments: The Korean pharmaceutical and biotech industry is accelerating the development of new obesity treatments. Hanmi Pharmaceutical is ...; Eugenio Rodolfo Sanabria Reporter 2025.03.04