Global Economic Times

2026.03.22 (Sun)
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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 strategic shift aimed at diversifying its business portfolio. During t
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 pivotal vehicle in its century-long history: The New i3. Representing the se

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 announced on Thursday a record-breaking "Value-Up" plan, c

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KAIST Deep Tech Startup Secures $10 Million Investment for MRI-Quality Ultrasound Diagnosis: KAIST, the Korea Advanced Institute of Science and Technology, has once again proven its prowess in fostering deep tech innovation ...; Shin Yeju Intern Reporter 2025.11.13

Korean Logistics Tech Firm GLEC to Enter Global Market with CES 2026 Innovation Award: SEOUL, South Korea – GLEC Co., Ltd., a Korean logistics technology company, is accelerating its entry into the global market ...; KO YONG-CHUL Reporter 2025.11.12

"Baby Shark" Swims to Kosdaq: The Pinkfong Company IPO Nets Trillions in Subscriptions: (C) Plagiarism Today SEOUL - The Pinkfong Company, the global family entertainment enterprise behind the viral sensation "Baby ...; Hwang Sujin Reporter 2025.11.08

China's Narwal Leapfrogs LG and Samsung in Robot Vacuum War: China's Narwal Leapfrogs LG and Samsung in Robot Vacuum War (C) Big W SEOUL—The global robot vacuum market, long domina ...; Eugenio Rodolfo Sanabria Reporter 2025.11.05

Tech Titans Continue Cuts: IBM Announces Layoffs Amid Software Pivot: Following in the footsteps of industry giants like Amazon and Meta, IBM has announced its plan to reduce its global workforce by t ...; Global Economic Times Reporter 2025.11.05

Protina, Samsung Bioepis, and Seoul National University Forge AI Partnership to Accelerate Antibody Drug Development: SEOUL—A powerful consortium comprising the drug discovery company Protina, biotech giant Samsung Bioepis, and researchers fr ...; Global Economic Times Reporter 2025.11.05

HD Hyundai’s Q3 Operating Profit Soars 295% on Shipbuilding and Transformer Boom: SEOUL, South Korea – HD Hyundai has announced a substantial surge in its third-quarter earnings, driven by a thriving shipbu ...; Hwang Sujin Reporter 2025.11.03

Musk Teases 'Flying Car' Prototype, Promises Unforgettable Reveal by Year-End 2025: SAN FRANCISCO—Tesla CEO Elon Musk has ignited fresh speculation about the future of transportation, hinting that the company ...; Eugenio Rodolfo Sanabria Reporter 2025.11.02

LG Electronics Launches 'ThinQ ON' AI Home Hub to Lead Smart Home Market: LG Electronics has announced the domestic launch of its Artificial Intelligence (AI) home hub, the 'LG ThinQ ON,' priced in the 20 ...; Global Economic Times Reporter 2025.10.22

Supersonic 'Hyperloop' Poised to Shrink South Korea, Cutting Seoul-Busan Trip to 20 Minutes: SEOUL — A revolution in transportation is on the horizon as South Korea throws its weight behind the development of the Hype ...; Hwang Sujin Reporter 2025.10.22

US Ships to be Built in South Korea: Washington Considers Easing Protective Maritime Laws for Alliance Shipbuilding Cooperation: The Donald Trump administration is reportedly giving serious consideration to a measure that would partially open the US shipbuild ...; KO YONG-CHUL Reporter 2025.10.21

South Korea to Drastically Increase Domestic LNG Shipping Rate to 70%: SEOUL — The South Korean government is pushing a bold plan to mandate that domestic shipping companies handle 70% or more of ...; Global Economic Times Reporter 2025.10.21

Hyundai Motor Rises to Global Top Tier, Ranks 33rd in TIME's 'World's Best Companies 2025': Hyundai Motor Company has dramatically affirmed its heightened international competitiveness by securing the 33rd position in TIME ...; Global Economic Times Reporter 2025.10.20

57-Year Wait Ends: Jeju-Qingdao Sea Route Opens, Boosting Island's Global Trade: Jeju Port has welcomed its first international regular container ship in 57 years, marking a historic milestone since its designat ...; Global Economic Times Reporter 2025.10.19

Specialty Alloy Market Booms, Korean Giants SeAH and Poongsan Accelerate Investment: Driven by the growth in the defense and rocket markets, South Korean steel giants like SeAH and Poongsan, known as "strong players ...; Global Economic Times Reporter 2025.10.19

Chocolate Prices Hold Steady Despite Cocoa Cost Drop: A Look at Korean Confectioners' Challenges: Despite a sharp decline in international cocoa prices, which have plummeted by over half since the beginning of the year, major So ...; Global Economic Times Reporter 2025.10.19

Energy Storage Projects Soar in Spain, Surge Driven by Post-Blackout Urgency: MADRID – The Spanish energy sector witnessed a sharp acceleration in the development of energy storage projects during the t ...; Graciela Maria Reporter 2025.10.18

Giant Vessels Reshaping the Global Seas: The New Era of Offshore Wind Installation: The world’s seas are undergoing a transformation, largely driven by the arrival of specialized, massive vessels that are key ...; Global Economic Times Reporter 2025.10.18

U.S. Startup Unveils 3D Solar Towers: A Potential End to Conventional Solar Panels: DALLAS, TX — A groundbreaking innovation originating from the United States is poised to fundamentally alter the landscape o ...; KO YONG-CHUL Reporter 2025.10.18

Korea’s Compact Powerhouse: Hanwha Unveils Next-Gen Naval Vessel and STOL Drone, Shaking Global Defense Market: SEOUL/WASHINGTON D.C. – South Korea’s Hanwha Group is moving aggressively to secure the future of K-defense for the ne ...; Yim Kwangsoo Correspondent 2025.10.17

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