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Samsung Criticized for Joining Ties with ‘Knock-off’ Brand

Samsung Criticized for Joining Ties with ‘Knock-off’ Brand

SEOUL, Dec. 11 (Korea Bizwire) – South Korean tech giant Samsung Electronics Co. came under fire after claiming that the company is partnering with a “knock-off” version of popular U.S. fashion brand Supreme, industry sources said. During the showcase event of the Galaxy A8s smartphone in China, Samsung said it is collaborating with Supreme, which [...]

Silver Star Claims Victory Over iRobot with Final U.S. International Trade Commission Determination in 337-TA-1057

Silver Star Claims Victory Over iRobot with Final U.S. International Trade Commission Determination in 337-TA-1057

SHENZHEN, China, Dec. 3 (Korea Bizwire) — Shenzhen Silver Star Intelligent Technology Co., Ltd (Silver Star), a leading robotics technology solutions provider, claimed victory in its long dispute with iRobot in Investigation No. 337-TA-1057 based on the Final Determination rendered by the U.S. International Trade Commission (ITC) on November 30, 2018. The initial ITC complaint [...]

Manufacturers Shift Investment Focus to Vietnam from China

Manufacturers Shift Investment Focus to Vietnam from China

SEOUL, Nov. 22 (Korea Bizwire) — South Korean manufacturers have been shifting the focus of their overseas direct investment to Vietnam from China thanks to tax benefits, cheaper labor and other favorable conditions, a report said Thursday. Vietnam accounted for 17.7 percent of South Korean manufacturing companies’ total direct overseas investment in 2017, up sharply [...]

Chinese Phone Producers Eye Korean Smartphone Market

Chinese Phone Producers Eye Korean Smartphone Market

SEOUL, Nov. 19 (Korea Bizwire) — With foreign-made cell phones making their way into the domestic market, members of the public and critics alike are wondering if these phones will be able to find a place in a market dominated by Korean-made devices. While the infiltration of Chinese-made phones is conspicuous, Xiaomi Corp.’s advancement into [...]

Korean Customs Targets Illegal Resale of Overseas Direct Purchases

Korean Customs Targets Illegal Resale of Overseas Direct Purchases

SEOUL, Nov. 12 (Korea Bizwire) — The Korean Customs Service (KCS) has launched a crackdown on illegal imports and the resale of imported products until November 28 as transactions via foreign direct purchasing are expected to jump due to China’s annual Singles Day. The KCS will be focusing on the act of reselling products acquired [...]

Customs Service to Crack Down on Fake Goods from China During “Singles’ Day” Period

Customs Service to Crack Down on Fake Goods from China During “Singles’ Day” Period

SEOUL, Nov. 9 (Korea Bizwire) – The Korea Customs Service and Korea Post announced yesterday that they will be cracking down on “fake” branded goods produced in China from November 11 to 30. The crackdown is in response to the worry that a significant number of fake products will infiltrate the nation during Singles’ Day, [...]