Global Economic Times

2026.07.20 (Mon)
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KCCI Jeju Forum Opens: Chairman Chey Tae-won Urges Businesses to Catch the AI Wave Before It Becomes an Insurmountable Wall

JEJU ISLAND — Artificial Intelligence will serve as a revolutionary starting line for those who leap onto its wave early, but it will morph into an insurmountable wall for those who stand aside.
Hyundai Motor Group to Acquire 100% Stake in Boston Dynamics, Accelerating Humanoid and Physical AI Commercialization

Hyundai Motor Group is set to secure a 100% ownership stake in its U.S.-based robotics subsidiary, Boston Dynamics. The South Korean automotive and technology conglomerate announced on July 16 that it

Google Unveils ‘Full-Stack AI’ Strategy to Accelerate AI Transformation for South Korean Enterprises

SEOUL — Google has officially unveiled its comprehensive "Full-Stack AI Strategy" customized to support and fast-track the artificial intelligence transformation (AX) of South Korean

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K-Games Expand Reach: Major Korean Game Developers Target US Subculture Fandom at Anime Expo 2026: In a strategic push to capture the lucrative North American market, leading South Korean game developers have turned their attenti ...; Hwang Sujin Reporter 2026.07.08

Samsung Foundry Gains Momentum: Anthropic in Talks for AI Chip Production: Samsung Electronics’ foundry business is signaling a potential major milestone, as reports emerge that the company is in dis ...; Kim Sungmoon Reporter 2026.07.04

Koscom Overhauls Organizational Structure to Spearhead AI and Data Initiatives: In a strategic move to navigate the rapidly evolving financial landscape and bolster its competitive edge in core future businesse ...; Yim Kwangsoo Correspondent 2026.07.01

South Korea to Ban Unapproved Biocidal Products Starting July 1: Starting July 1, 2026, the sale and distribution of unapproved biocidal products, including disinfectants and insecticides, will b ...; Yim Kwangsoo Correspondent 2026.06.29

Hyundai and Kia Shine at Cannes Lions 2026: Bridging Technology, Environment, and Culture: Cannes, France – Hyundai Motor Company and Kia Corporation have once again demonstrated their global brand competitiveness b ...; Global Economic Times Reporter 2026.06.29

Samsung Biologics Union Breaks Away from Samsung Group’s Supra-Corporate Union: A Strategic Shift Toward Independence: In a significant development for labor relations within the Samsung conglomerate, the labor union of Samsung Biologics has officia ...; Hwang Sujin Reporter 2026.06.29

The "Tail Wagging the Dog": How Single-Stock Leverage ETFs are Destabilizing the Korean Stock Market: The Korean stock market is currently facing a structural crisis, driven by the explosive growth of single-stock leveraged exchange ...; ONLINE TEAM 2026.06.29

Google Play Hosts 'ChangGoo Alumni Day' to Accelerate Global Expansion for 760 Korean Startups: SEOUL – On June 25, 2026, Google Play, in collaboration with the Ministry of SMEs and Startups (MSS) and the Korea Institute ...; Min Gyu Mi Reporter 2026.06.27

BYD Unveils First Plug-in Hybrid ‘Sealion 6’ in Korea, Targeting Eco-Friendly Market at 37.5 Million Won: BUSAN — BYD Korea made a significant move in the domestic automotive market on June 26, unveiling its first plug-in hybrid ( ...; Eugenio Rodolfo Sanabria Reporter 2026.06.27

Minister Kim Secures Breakthrough in EU Steel Quota Negotiations; Eyes Major Submarine Contract in Canada: SEJONG – South Korea’s Minister of Trade, Industry and Energy, Kim Jung-kwan, announced on June 22 that the government ...; Kim Young Min Reporter 2026.06.24

Asia's Largest Telecom Expo Kicks Off in China: AI and Token Economy Take Center Stage: SHANGHAI — The "MWC (Mobile World Congress) Shanghai 2026," the largest mobile telecommunications exhibition in Asia, offici ...; Eugenio Rodolfo Sanabria Reporter 2026.06.24

K-Beauty Sets Its Sights on Southeast Asia: A Market Projected to Reach $11.1 Billion by 2035: The South Korean cosmetics and beauty industry has officially identified Southeast Asia as its next major export frontier, followi ...; Eugenio Rodolfo Sanabria Reporter 2026.06.22

From Rivals to Partners: Toss and KakaoTalk Launch Integrated Remittance Service: In a significant move that reshapes the landscape of South Korea’s fintech sector, the digital finance platform 'Toss' has o ...; Desk 2026.06.22

JoongAng Ilbo Files for Workout Amidst Deepening Group-Wide Liquidity Crisis: SEOUL — JoongAng Ilbo, one of South Korea's premier newspapers, officially filed for a creditor-led workout program on June ...; Yim Kwangsoo Correspondent 2026.06.20

Anthropic Officially Launches Seoul Office to Accelerate AI Expansion in Korea: Anthropic, the U.S.-based artificial intelligence company behind the powerful 'Claude' AI models, officially opened its Seoul offi ...; Global Economic Times Reporter 2026.06.18

LS Cable & System Clinches Phase 2 of East Coast–Seoul HVDC Project, Solidifying National Grid Leadership: SEOUL — LS Cable & System announced on Monday, June 15, 2026, that it has successfully secured the contract for the seco ...; Desk 2026.06.15

[In-depth Report] The Islamic ‘Halal Barrier’ Just Around the Corner… The Silent Screams of K-Beauty SMEs: - Conglomerates Complete Proactive Process Conversions, While SMEs Are Left Stranded Due to High Costs and Lack of Cross-Contamina ...; HONG MOON HWA Senior Reporter 2026.06.13

Korea-EU Forge 'Digital Alliance' to Penetrate 450M Consumer Market, Expanding Economic Territory with $165M Investment: SEOUL / BRUSSELS — South Korea and the European Union (EU) have forged a monumental "digital economic alliance," integrating ...; Global Economic Times Reporter 2026.06.11

Chungbuk Province Achieves $4.92 Million in Export Contracts at Thailand International Food Exhibition: Chungbuk Province announced that it participated in the '2026 Thailand International Food Exhibition (THAIFEX–ANUGA)' held a ...; KO YONG-CHUL Reporter 2026.06.08

Taihan Cable & Solution Secures 140-Billion-Won Extra-High Voltage Power Grid Contract in Singapore, Proving Global Competitiveness: SEOUL — Taihan Cable & Solution has achieved yet another milestone in the global power infrastructure market by securing ...; Hee Chan Kim Reporter 2026.06.08

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