Global Economic Times

2026.09.26 (Sat)
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Gwangju-Jeonnam Semiconductor Complex Set to Break Ground Next Year with Goal of Production by June 2030

The Gwangju-Jeonnam Integrated Special City is set to begin site development next year with the goal of achieving the first mass production at the Gwangju Semiconductor Cluster by June 2030. Out of th
Nostalgic Classic Games Reborn on Steam Win Over Global Gamers with 'Very Positive' Reviews

According to the gaming industry, titles such as The War of Genesis: The Rhapsody of Zephyr Remastered and the early 2000s feature-phone mobile RPG series Zenonia have recently landed on Steam to crit

Diverging Fortunes of Major South Korean Corporations: Seven Firms Record 106 Consecutive Quarters of Operating Profit Amid Slumps in Battery and Petrochemical Sectors

A recent corporate performance analysis has revealed a stark polarization among South Korea’s top-tier enterprises, showcasing a select group of resilient long-term profit champions while others

Industry

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POSCO's High Manganese Steel: A Game Changer for LNG and Beyond: Seoul, South Korea – POSCO, the leading South Korean steelmaker, has announced significant progress with its independently d ...; KO YONG-CHUL Reporter 2025.02.11

BYD's Entry into Korean EV Market Sparks Data Leak Concerns: SEOUL – The recent arrival of Chinese electric vehicle (EV) maker BYD in the South Korean passenger car market has ignited c ...; KO YONG-CHUL Reporter 2025.02.11

Jeju Agricultural Technology Center to Supply 7 Tons of Hydroponic Seed Potatoes for Spring Crops in 2025: Jeju Agricultural Technology Center (Director Koh Sang-hwan) announced on the 10th that it will supply 7 tons of hydroponic seed p ...; Yim Kwangsoo Correspondent 2025.02.10

Hyundai Launches Casper Electric Cross with Off-Road Design: SEOUL – Hyundai Motor Company unveiled the Casper Electric Cross on February 10th, a new model of its popular Casper Electri ...; KO YONG-CHUL Reporter 2025.02.10

LG Energy Solution to Operate Korea's Largest Offshore Wind Farm: SEOUL – LG Energy Solution has been selected as the operator of the renewable energy bidding service for the Jeju Hallim Off ...; ONLINE TEAM 2025.02.10

EyesVision and Playzy Partner to Launch Customized Plan for Kids Watch Phones: EyesVision announced on the 10th that it has launched a customized plan for kids watch phone users, the "Playzy Exclusive Plan," i ...; Desk 2025.02.10

Korean Battery Trio Pin Hopes on North America After Q4 Slump: The Korean battery industry is facing a crisis as the nation's three major players, LG Energy Solution, Samsung SDI, and SK On, al ...; Eunsil Ju Reporter 2025.02.10

The average sale price of apartments nationwide has fallen to its lowest level in 22 months, but industry officials say it is a temporary phenomenon.: According to data from Real Estate R114, the average sale price of apartments nationwide in January was 16.28 million won per 3.3㎡ ...; ONLINE TEAM 2025.02.10

Korea Zinc Strengthens Strategic Mineral Production Amidst Global Supply Chain Concerns: Ulsan, South Korea – Following a recent extraordinary shareholders' meeting focused on internal cohesion and productivity en ...; ONLINE TEAM 2025.02.10

Ulsan Port Authority Recognized for Integrity, Blocks Access to DeepSeek AI: Ulsan, South Korea – The Ulsan Port Authority (UPA) announced on February 9th that it has been selected as an exemplary inst ...; Global Economic Times Reporter 2025.02.10

New High-Yield, Disease-Resistant Sesame Variety 'Hero' to be Distributed in Korea: The Rural Development Administration (RDA) has announced the development and distribution of a new sesame variety called 'Hero'. T ...; Desk 2025.02.10

LH Introduces New Construction Methods to Drastically Reduce Noise in Apartments: Seoul, South Korea – The Korea Land & Housing Corporation (LH) has announced the implementation of new construction meth ...; Min Gyu Mi Reporter 2025.02.10

Gyeongnam Agricultural Technology Center Develops Diagnostic Kit and Control Method for Pepper Hairy Root Disease: The Gyeongnam Agricultural Technology Center announced on the 9th that it held an evaluation meeting for the research project 'Ana ...; Desk 2025.02.10

KAI to Invest for Future Growth in 2025: KAI CEO Kang Goo-young emphasized that this year will be a year of increased investment to strengthen future growth potential for ...; JEONG CHAN MYEONG Senior Reporter 2025.02.10

Sacheon Faces Backlash After Failed Incinerator Consortium with Jinju…Struggling to Select Site: No Hopeful Region Even in 3rd Public Offering…Headache Due to Residents' Opposition Sacheon City is suffering from the bac ...; Global Economic Times Reporter 2025.02.10

Korean Pharmaceutical Companies Achieve Record-Breaking Performance in 2023: Despite the challenges posed by the prolonged medical crisis and economic downturn, South Korean pharmaceutical companies have ach ...; Hwang Sujin Reporter 2025.02.10

Pharmaceutical and Biotech Industry Defies Market Downturn with Strategic Successes: The pharmaceutical and biotech industry is experiencing a severe downturn in investment sentiment due to factors such as declining ...; Desk 2025.02.10

Nonghyup Food Launches New Rice Noodle Products Made with Domestic Rice: Nonghyup Food announced on February 7th the launch of two new rice noodle products, "Nonghyup Rice Noodles," made with domestic Ko ...; KO YONG-CHUL Reporter 2025.02.08

Samsung Electronics and SK Hynix's Q1 Performance to Be Determined by HBM Business: SEOUL – The first quarter (Q1) performance of Samsung Electronics and SK Hynix is expected to be uneven, depending on their ...; Global Economic Times Reporter 2025.02.07

First Exploration Drilling for 'Great Whale' Gas Field Deemed Unprofitable: Sejong, South Korea – The first exploration drilling for the 'Great Whale' gas field, which began on December 20th of last y ...; HONG MOON HWA Senior Reporter 2025.02.07