Global Economic Times

2026.07.21 (Tue)
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Zeekr Celebrates 5th Anniversary by Setting New Guinness World Record for Electric Vehicle Drifting

SEOUL — Zeekr, the premium electric vehicle (EV) brand under China's Geely Holding Group, has marked its fifth anniversary with a historic milestone. The company announced on July 17 that it
Robots Preserving the Taste of Kyochon’s ‘Honey Combo’: Automated Frying and Batter Dispensing Expand Nationwide

SEOUL — Kyochon F&B, the operator of South Korea's pioneer fried chicken franchise Kyochon Chicken, is rapidly expanding the integration of collaborative cooking robots and automated bat

South Korea Sets 2027 Minimum Wage at 10,700 KRW per Hour, Rebounding to 3.7% Increase After Intense Negotiations

SEJONG — South Korea’s minimum wage for 2027 has been officially finalized at 10,700 KRW (approximately $7.80 USD) per hour, marking a 3.7% increase (380 KRW) from the 2026 rate of 10,320

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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

Incheon Songdo Emerging as World’s Largest Bio-Manufacturing Hub: INCHEON — The Incheon Free Economic Zone (IFEZ) Authority announced on Wednesday that Songdo International City’s biop ...; Min Gyu Mi Reporter 2026.02.19

Incheon Metro Line 3 Route Confirmed: Dong-gu Included in Major Transit Expansion: INCHEON – The landscape of public transportation in Incheon’s historic core is set for a dramatic transformation. On F ...; Min Gyu Mi Reporter 2026.02.19

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