Global Economic Times

2026.06.05 (Fri)
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South Korea’s Top Five Automakers Suffer Broad May Sales Decline Amid Weakening Domestic Demand and Global Headwinds

SEOUL — South Korea’s five major domestic automakers experienced a coordinated downturn in performance last month, reporting a contraction across both domestic sales channels and internati
Chinese Humanoid Robotics Pioneer Unitree Clears Shanghai IPO Hurdle to Raise $580 Million

In a monumental milestone for the global robotics ecosystem, Unitree Robotics, one of China’s most prominent humanoid robotics developers, has successfully cleared the regulatory hurdles require

Hyundai Motor Bets on ‘The New Grandeur’ to Jumpstart Sluggish Domestic Sales

SEOUL — Hyundai Motor Company is turning to its iconic flagship sedan, the Grandeur, to spearhead a rebound in its domestic performance after experiencing a sharp decline in sales last month. Wh

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'Made in Europe' Mandate Hits Korean Auto Industry: Emergency Lights Flashing Over New EU Protectionism: (C) Battery News The South Korean automotive industry has entered a state of high alert following the European Union’s of ...; Global Economic Times Reporter 2026.03.06

U.S. Private Sector Hiring Hits 7-Month High in February, ADP Reports: (C) Market Watch WASHINGTON D.C. — The U.S. labor market showed unexpected resilience in February, with private payrolls ...; Greace Nunez Correspondent 2026.03.05

Industrial Output Dips in January Amid Semiconductor Adjustments; Middle East Tensions Loom as Wild Card: (C) Sourcengine SEJONG — South Korea's industrial production saw its first decline in three months in January, primarily ...; HONG MOON HWA Senior Reporter 2026.03.05

Samsung Electronics Unveils Vision for 'AI-Driven Factories' by 2030: A Paradigm Shift in Global Manufacturing: (C) Samsung Global Newsroom SEOUL – In a move that signals the dawn of a new industrial era, Samsung Electronics official ...; Global Economic Times Reporter 2026.03.02

K-Home Appliances Dominate Cordless Vacuum Market, Outpacing Robot Vacuums 2-to-1: (C) Vacuum Wars SEOUL — South Korean tech giants continue to maintain a "fortress" in the domestic cordless stick vacuum ma ...; Global Economic Times Reporter 2026.03.02

K-Content Hits Record Highs: $140 Billion in Exports and ₩157 Trillion in Sales in 2024: (C) Youtube SEOUL – South Korea’s cultural content industry, widely known as "K-Content," has reached an unpreceden ...; Shin Yeju 2026.03.01

IT Telecom Clinches V2X Supply Deal for New York State Autonomous Driving Project: (C) embedUR SEOUL, South Korea – IT Telecom, a leading South Korean developer of connected vehicle technologies, has offi ...; Eunsil Ju Reporter 2026.03.01

Incheon Port’s Used Car Exports Plunge for Two Consecutive Months Amid Tightening Global Regulations: INCHEON — Incheon Port, South Korea’s primary gateway for secondhand vehicle exports, is facing a significant downturn ...; Min Gyu Mi Reporter 2026.03.01

Samsung and SK Hynix Hike Board Compensation Amid Record HBM Boom; Q1 Profits Expected to Hit ₩60 Trillion: SEOUL — South Korea’s semiconductor giants, Samsung Electronics and SK Hynix, are significantly increasing compensatio ...; JEONG CHAN MYEONG Senior Reporter 2026.02.28

Hyundai Motor Group Ignites $6.7 Billion Future Tech Hub in Saemangeum: A Milestone for South Korea’s Green Transition: GUNSAN, South Korea – In a historic move that signals a paradigm shift for South Korea’s industrial landscape, Hyundai ...; KO YONG-CHUL Reporter 2026.02.28

AI Agents Take Center Stage: Solving 74% of Inquiries as Adoption Sweeps E-Commerce, Aviation, and Law: (C) Master of Code SEOUL — The era of "Agentic AI" has officially moved from experimental pilot programs to mission-criti ...; Hwang Sujin Reporter 2026.02.27

Hyundai Motor Group Targets Humanoid Hegemony: 150,000 'Atlas' Units by 2029: (C) Autopost SEOUL — Hyundai Motor Group (HMG) has officially shifted its robotics ambitions into high gear. In a strateg ...; Global Economic Times Reporter 2026.02.27

Hyundai IONIQ 9 Dominates 2026 Car of the Year Awards with Historic Triple Crown: (C) Ken Garff Hyundai Downtown SEOUL — The Korea Automobile Journalists Association (KAJA) officially announced the winne ...; KIM YOUNG MIN 2026.02.26

Lotte’s Grand Return and Hyundai’s Fierce Pursuit: A ‘Tectonic Shift’ Begins at Incheon Airport Duty-Free: (C) Malls.com INCHEON, South Korea — The landscape of the duty-free industry at Incheon International Airport, the primar ...; Desk 2026.02.26

South Korean Researchers Crack the Code for "Dream Battery": Solving Lifespan and Fire Risks: (C) Aviation International News SEOUL — A joint South Korean research team has announced a breakthrough in next-generatio ...; KIM YOUNG MIN 2026.02.25

FTC Chief Calls for Steeper Flour Price Cuts Amid Price-Fixing Allegations: SEOUL – Ju Byung-ki, the Chairperson of the Korea Fair Trade Commission (FTC), issued a stern warning to the nation’s ...; HONG MOON HWA Senior Reporter 2026.02.23

K-Food Giants Enter the ‘500 billion Won Club’: 8 Global Mega Brands Leading the Charge: SEOUL — The global landscape of the food industry is witnessing a seismic shift as South Korean food enterprises solidify th ...; Hwang Sujin Reporter 2026.02.23

S. Korea’s Mid-February Exports Hit Historic High Amid AI-Driven Semiconductor Surge: SEOUL — South Korea’s export performance reached a record-breaking milestone in the first 20 days of February, propell ...; Desk 2026.02.23

Hyundai Motor Group to Launch ‘RH’ Project in Saemangeum: A Multi-Billion Dollar Leap into Robotics and Hydrogen: SEOUL — Hyundai Motor Group (HMG), under the leadership of Executive Chair Euisun Chung, is set to transform the Saemangeum ...; KO YONG-CHUL Reporter 2026.02.23

KFTC Launches Deliberation on Flour Cartel: 7 Major Firms Face Potential $850 Million Fine: SEOUL – The Korea Fair Trade Commission (KFTC) has officially concluded its investigation and commenced deliberation on a su ...; KO YONG-CHUL Reporter 2026.02.21

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