Global Economic Times

2026.06.05 (Fri)
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Zeekr Targets 2,000 Sales for '7X' EV in South Korea This Year

Hangzhou, China — Zeekr, the premium electric vehicle (EV) brand under China's Geely Auto Group, has officially established an ambitious sales target to sell 2,000 units of its electric SUV,
Murata Unveils Next-Gen Resin Electrode MLCC for Automotive Applications

TOKYO — In a major step toward supporting the rapid electrification of the automotive industry, Murata Manufacturing Co., Ltd. (Murata) has announced the mass production of its latest innovation

Samsung Electronics Super-Enterprise Union Loses Majority Status Amid Backlash Over Bonus Disparities

SEOUL — The Super-Enterprise Labor Union’s Samsung Electronics branch, previously the largest labor union at Samsung Electronics, has officially lost its majority status. This shift comes

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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

Sam Altman, CEO of OpenAI, Visits India and Expresses Willingness to Cooperate in Developing Low-Cost AI Systems: Sam Altman, CEO of OpenAI, visited India on the 5th (local time) after visiting Japan and South Korea to consolidate leadership in ...; Eugenio Rodolfo Sanabria Reporter 2025.02.06

Tesla's Shares Plummet Amidst Declining Sales and Market Share: New York, NY – Tesla Inc. saw its shares tumble by over 3% on Tuesday as reports emerged of significant declines in the elec ...; PETER KO 2025.02.06

South Korea to Establish Massive Fund for Advanced Industries: Seoul – The South Korean government has announced plans to create a multi-billion dollar fund to support the development of ...; KO YONG-CHUL Reporter 2025.02.06

Petroperú Expands Natural Gas Service to Industrial Park in Arequipa: AREQUIPA, Peru – Petróleos del Perú (Petroperú) has announced a significant step in its effort to bring ...; Pedro Espinola Special Correspondent 2025.02.05

Tanzanian MPs Call for Aircraft Ownership Transfer to Bolster National Airline: DODOMA – Members of Parliament in Tanzania have urged the government to transfer ownership of aircraft operated by Air Tanza ...; Hee Chan Kim Reporter 2025.02.05