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China Orders Swift, Thorough Investigation into Assault on S. Korean Journalists

China Orders Swift, Thorough Investigation into Assault on S. Korean Journalists

SEOUL, Dec. 15 (Korea Bizwire) — China has ordered swift and thorough investigation into Chinese security guards’ violence against South Korean journalists who were covering a presidential event held in Beijing on Thursday, a Seoul foreign ministry official said Friday. “An official of the Chinese foreign ministry’s bureau handling the Asian region contacted us last [...]

Samsung Set to Lose Ground in Smartphone Market in 2018: Strategy Analytics

Samsung Set to Lose Ground in Smartphone Market in 2018: Strategy Analytics

SEOUL, Dec. 14 (Korea Bizwire) — Samsung Electronics Co. is forecast to lose ground next year in the smartphone segment, an industry tracker said Thursday, apparently due to the rise of Chinese manufacturers. Strategy Analytics said Samsung Electronics is expected to post a market share of 19.2 percent in the global smartphone industry in 2018 [...]

Damage from China’s Ban on S. Korean Tours Estimated at 7.5 tln won

Damage from China’s Ban on S. Korean Tours Estimated at 7.5 tln won

SEOUL, Dec. 3 (Korea Bizwire) — China’s economic retaliation against South Korea is estimated to have led to some 7.5 trillion won (US$6.8 billion) in losses for the country’s tourism industry, data showed Sunday. According to the data compiled by the National Assembly’s Budget Office, South Korea’s tourism and accommodation industries suffered a sharp decrease [...]

Study Says Prolonged Exposure to Fine Dust Raises Risk of Death

Study Says Prolonged Exposure to Fine Dust Raises Risk of Death

SEOUL, Nov. 28 (Korea Bizwire) — Two consecutive days of exposure to fine dust can raise the risk of death by 0.5 percent, a joint study by researchers from South Korea, Japan and China said Tuesday. Published in Environment International, the study tracked the associations between mortality and extended exposure to microdust by analyzing data [...]

Chinese Battery Manufacturers Aggressively Recruiting S. Korean Engineers

Chinese Battery Manufacturers Aggressively Recruiting S. Korean Engineers

SEOUL, Nov. 20 (Korea Bizwire) — Chinese rechargeable battery and electric vehicle (EV) manufacturers are offering high wages to South Korean engineers, causing concerns among local companies that could face a shortage of skilled workers, industry watchers said Sunday. Sources said that Chinese companies are promising three to four times more pay for skilled engineers [...]