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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Yuanta Securities Issues 'Buy' Rating for Shift Up, Citing Strong Growth Potential in China and Beyond: Yuanta Securities has issued a 'buy' rating for Shift Up, a South Korean game developer, with a target price of 90,000 won. This r ...; ONLINE TEAM 2025.02.26

Hyundai Motor Group and Samsung SDI Join Forces to Develop High-Performance Batteries for Robots: Hyundai Motor Group and Samsung SDI have announced a partnership to jointly develop high-performance batteries for robots. The col ...; Desk 2025.02.26

Ulsan Businesses Discuss Participation in Post-War Reconstruction of Ukraine: The Ulsan Chamber of Commerce and Industry announced on February 25th that it had discussed ways for Ulsan-based companies to part ...; LEE YEON SIL Reporter 2025.02.25

Codelco and Anglo American Forge Mega-Alliance to Boost Copper Production: Santiago, Chile – In a landmark move for the Chilean mining industry, state-owned copper giant Codelco and global mining pow ...; Global Economic Times Reporter 2025.02.25

LG Display Pioneers Mass Production of 40-Inch Automotive Displays for Sony Honda Mobility's 'Afeela': SEOUL – LG Display announced on February 24th that it has become the first in the industry to mass produce 40-inch automotiv ...; Yim Kwangsoo Correspondent 2025.02.24

Hyundai E&C Wins Gold at Asia Design Prize for Innovative Housing Model: Seoul, South Korea – Hyundai Engineering & Construction (E&C) has been awarded the Gold Winner in the Space & Ar ...; Desk 2025.02.24

The US battery industry is facing a new turning point through the expansion of large-scale production facilities.: InsideEVs, an electric vehicle media outlet, reported on the 23rd (local time) that 10 new battery plants in the US are scheduled ...; Ana Fernanda Reporter 2025.02.24

Polestar 4 Tops Import EV Sales in January, Overtaking Tesla Model Y: Swedish premium electric vehicle brand Polestar's Polestar 4 topped import EV sales in January, surpassing Tesla. According to the ...; Graciela Maria Reporter 2025.02.23

Korean Researchers Develop AI Model That Can Control Lighting Effects in Photos and Videos With Text Input: A research team at the Ulsan Institute of Science and Technology (UNIST) in South Korea has developed an artificial intelligence ( ...; Hwang Sujin Reporter 2025.02.23

Ulsan City to Trademark Tap Water 'Goraesu' and Build Bottling Facility: Ulsan City is moving forward with plans to trademark its tap water as 'Goraesu' and establish a facility to bottle it. The 'Gorae ...; Hwang Sujin Reporter 2025.02.22

LG Display Achieves Record OLED Sales Proportion, Eyeing Profitability in 2025: SEOUL – LG Display, a leading innovator in display technology, announced on February 22nd that its organic light-emitting di ...; Global Economic Times Reporter 2025.02.22

Trump's 25% Tariff Threat Puts South Korean Auto Industry on Edge: Seoul - The South Korean auto industry is on high alert after former US President Donald Trump mentioned a 25% tariff on imported ...; Yim Kwangsoo Correspondent 2025.02.21

Samsung Electronics Employees' Average Annual Salary Estimated to Be Around ₩128 Million: Seoul, South Korea – According to a recent analysis by the corporate analysis firm Korea CXO Institute, the average annual s ...; KO YONG-CHUL Reporter 2025.02.21

Renault Korea's Grand Koleos Named '2025 SUV of the Year': Renault Korea announced on the 21st that its mid-sized SUV, the Grand Koleos, was named '2025 SUV of the Year' at the '2025 Korea ...; Desk 2025.02.21

KG Mobility Unveils Hybrid Technology for Upcoming Torres SUV: SEOUL – KG Mobility (KGM) has released details about the hybrid technology that will power its upcoming Torres SUV. The comp ...; Yim Kwangsoo Correspondent 2025.02.21

Volvo to Unveil ES90, its Next-Generation Electric Flagship Sedan, on March 5: Volvo Cars has revealed key technological details of its highly anticipated next-generation electric flagship sedan, the Volvo ES9 ...; Yim Kwangsoo Correspondent 2025.02.21

Mercedes-Benz Korea Unveils the All-New Mercedes-AMG SL 43 Roadster: SEOUL – Mercedes-Benz Korea has officially launched the latest addition to its lineup of luxury roadsters, the Mercedes-AMG ...; KO YONG-CHUL Reporter 2025.02.21

Daejeon City Accelerates Implementation of Space and Aviation Regulatory Free Zone Demonstration: Daejeon City held a Regulatory Free Zone Demonstration Item Deliberation Committee on the 14th to establish a specific demonstrati ...; HONG MOON HWA Senior Reporter 2025.02.21

Chungcheongnam-do to Establish Drone Park in Nonsan: Nonsan, South Korea – Chungcheongnam-do province has announced plans to establish a drone park in Nonsan to boost the local ...; HONG MOON HWA Senior Reporter 2025.02.21

Gyeongin Expressway Underground Project to Boost Real Estate Market in Incheon and Seoul: The recent approval of the preliminary feasibility study for the Gyeongin Expressway underground project is expected to bring posi ...; Min Gyu Mi Reporter 2025.02.21