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2026.10.20 (Tue)
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0.8 Out of 100: The Narrow Path to Becoming a Top Conglomerate Executive, with SK Hynix Seeing the Sharpest Increase

The proportion of corporate executives among employees at South Korea's top 100 companies has hovered around 0.8% for five consecutive years. Among these firms, SK Hynix recorded the largest incre
Hyundai and Kia Accelerate European Push with Compact Cars to Outrun Chinese Rivalry

Amid intensifying competition in the European market driven by the aggressive expansion of Chinese automakers, Hyundai Motor and Kia are accelerating their efforts to capture European consumers' h

Seoul Dairy Cooperative Launches Integrated Soy Milk Brand 'Seoul Soy Milk'

Seoul Dairy Cooperative announced on the 19th that it is integrating its previously fragmented soy milk brands under a single banner, "Seoul Soy Milk," to strengthen its product competitiv

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Trump Clears Path for Foreign Shipbuilders to Construct U.S. Navy Vessels; Hanwha Ocean Poised for Opportunity: In a landmark move to revitalize the United States' maritime industrial base, President Donald Trump has issued a National Securit ...; KO YONG-CHUL Reporter 2026.08.16

Anthropic CEO's Wife Under Scrutiny: Past Ties to Jeffrey Epstein Emerge: SAN FRANCISCO — Cami Clark, the wife of Anthropic CEO Dario Amodei, has become the center of intense public and media scruti ...; Pedro Espinola Special Correspondent 2026.08.16

LG Electronics Weighs India Laptop Re-Entry While Exiting Brazil: A Strategic Pivot Toward 'Selection and Concentration': SEOUL — LG Electronics is actively preparing to re-enter the Indian laptop market while simultaneously pulling the plug on i ...; Hwang Sujin Reporter 2026.08.13

Samsung Electronics to Break Ground on New Gwangju HVAC Plant to Replace Import Dependency: SEOUL — Samsung Electronics is set to hold a groundbreaking ceremony next month for a new Heating, Ventilation, and Air Cond ...; Global Economic Times Reporter 2026.08.13

SK Hynix Explores Strategic Sale of Stake in Chongqing Packaging Plant Valued at $3 Billion: South Korean memory chipmaker SK Hynix Inc. is reviewing options to sell a stake in its semiconductor packaging and testing facili ...; Global Economic Times Reporter 2026.08.09

SK Hynix Commits ₩54 Trillion to Build Advanced Mega Fabs in Yongin and Cheongju: SEOUL — SK Hynix Inc., the world’s leading manufacturer of high-performance artificial intelligence memory solutions, ...; Global Economic Times Reporter 2026.08.08

Samsung and LG Accelerate 'African Localization' to Pioneer the New Frontier: Samsung Electronics and LG Electronics are sharply intensifying their localization strategies across Africa, positioning the conti ...; Yim Kwangsoo Correspondent 2026.08.07

Lee Jae-yong Revives ‘Super-Gap’ DNA: Samsung Unveils zHBM, 8 Times Faster Than HBM5: Samsung Electronics has shocked the global semiconductor industry by introducing a groundbreaking next-generation memory architect ...; KO YONG-CHUL Reporter 2026.08.06

Lube Base Oil Emerges as Export Lifesaver for South Korean Refiners Amid Middle East Conflict: SEOUL — A severe supply disruption stemming from geopolitical turmoil and infrastructure damage in the Middle East has unexp ...; KO YONG-CHUL Reporter 2026.08.04

Hà Nội Mobilizes AI and E-Commerce Push Across SMEs to Fuel Double-Digit Economic Growth: HÀ NỘI — The municipal government of Hà Nội, in partnership with trade associations and technology leaders, is ...; Graciela Maria Reporter 2026.08.02

AI Technology Tackles Pedal Misapplication: SkyAutoNet's 'DrSafe' Designated as Official Public Procurement Innovation Product: SEOUL — In an era marked by growing public concern over sudden unintended acceleration and pedal misapplication accidents, a ...; Global Economic Times Reporter 2026.08.02

Interest Rates Emerge as Key Swing Factor for Metropolitan Housing Market in H2 2026: SEOUL — As housing prices remain elevated across the Seoul Metropolitan Area (SMA), borrowing costs have taken center stage ...; Desk 2026.08.02

South Korea’s July Exports Hit Record $98.9 Billion as Semiconductor Supercycle Powers Surge: SEOUL — South Korea’s monthly exports surged to nearly $100 billion in July, driven by an unprecedented boom in global ...; KO YONG-CHUL Reporter 2026.08.02

Amazon's Zoox Wins Historic U.S. Approval for Driverless Robotaxis Without Steering Wheels or Pedals: LAS VEGAS — In a major breakthrough for the autonomous vehicle industry, Amazon’s self-driving subsidiary, Zoox, has o ...; Global Economic Times Reporter 2026.08.01

The 95% Idle Crisis: Enterprise GPU Utilization Plummets to 5% as Tech Pioneers Offer Breakthrough Solutions: In the hyper-competitive global race for artificial intelligence dominance, corporate titans and enterprise software leaders have ...; Hwang Sujin Reporter 2026.08.01

Samsung Forecasts Memory Shortage to Endure Until 2028, Securing 70% of Capacity in Multi-Year Contracts: SEOUL — Samsung Electronics has issued a stark warning to the global technology ecosystem, projecting that the severe global ...; KO YONG-CHUL Reporter 2026.07.30

LG Electronics Hits Historic Q2 Highs as Home Appliances and Auto Parts Drive Explosive Growth: SEOUL — LG Electronics Inc. announced today that it delivered its strongest second-quarter financial performance in company ...; Global Economic Times Reporter 2026.07.30

Samsung Pushes to Break Ground on Taylor Fab 2 by Year-End, Targeting 2030 Mass Production: Samsung Electronics has formally announced plans to commence construction on its second semiconductor manufacturing facility in Ta ...; Global Economic Times Reporter 2026.07.30

KAIST and NVIDIA Partner to Establish $300 Million AI Joint Research Center in Korea: SEOU — The Korea Advanced Institute of Science and Technology (KAIST) announced on Friday that it will establish the "NVIDIA ...; Yim Kwangsoo Correspondent 2026.07.25

Hanwha Ocean Bolsters Alliances with U.S. Partners to Drive Forward "MASGA" Shipbuilding Initiative: WASHINGTON, D.C. — Major South Korean defense and commercial shipbuilder Hanwha Ocean has forged comprehensive strategic par ...; Eunsil Ju Reporter 2026.07.25

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