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S. Korea to Open Medical Tourism Promotion Center in Shanghai

S. Korea to Open Medical Tourism Promotion Center in Shanghai

SEOUL, Jul. 31 (Korea Bizwire) — South Korea will open a new center in Shanghai later this year to promote medical tourism, in line with efforts to attract more Chinese medical tourists, the health ministry said Tuesday. According to the Ministry of Health and Welfare, the center will open in September and will serve as [...]

Advanced Technology Leaked to China by Korean and Chinese Nationals

Advanced Technology Leaked to China by Korean and Chinese Nationals

SEOUL, Jul. 27 (Korea Bizwire) — Police authorities have apprehended Korean and Chinese nationals who accepted large sums of money in exchange for providing Chinese companies with information on advanced technology. An international criminal investigation team at the Seoul Metropolitan Police Agency announced yesterday that a 57-year-old individual referred to only as Ryu was arrested [...]

Pinduoduo Announces Pricing of Initial Public Offering

Pinduoduo Announces Pricing of Initial Public Offering

SHANGHAI, Jul. 26 (Korea Bizwire) — Pinduoduo Inc. (“Pinduoduo” or the “Company”) (NASDAQ:PDD), an innovative and fast growing “new e-commerce” platform and one of the leading Chinese e-commerce players, today announced the pricing of its initial public offering of 85,600,000 American Depositary Shares (“ADSs”) (equivalent of 342,400,000 Class A ordinary shares) at a price of [...]

AmorePacific Wins Trademark Infringement Lawsuit in China

AmorePacific Wins Trademark Infringement Lawsuit in China

SEOUL, Jul. 26 (Korea Bizwire) — South Korea’s leading cosmetics firm AmorePacific Group won a trademark infringement lawsuit against a Chinese company regarding the group’s Sulwhasoo brand. AmorePacific revealed yesterday that it had filed a lawsuit against a Chinese company based in Shanghai, China and won the case at the appellate court recently. In a [...]

ProChain was Invited to Attend the Chainers 2018 International Summit to Discuss the Feasibility of Decentralized Media and Advertising Pattern

ProChain was Invited to Attend the Chainers 2018 International Summit to Discuss the Feasibility of Decentralized Media and Advertising Pattern

SEOUL, Jul. 16 (Korea Bizwire) – On July 1st 2018, Chainers 2018 was held in Seoul, South Korea. In the meeting, the originator of ProChain, David White made a keynote address on how to reconstruct digital advertising ecology, which was based around the central topic “The Past, Present and Future of Blockchain”, as an invited [...]

Court Bans ex-Samsung Worker from Relocating to Chinese Firm

Court Bans ex-Samsung Worker from Relocating to Chinese Firm

SEOUL, Jul. 5 (Korea Bizwire) — A local court banned a former worker of Samsung Display Co. from relocating to a Chinese firm on Thursday, claiming the restriction is needed to protect sensitive technologies. The Suwon District Court upheld the request made by Samsung Display to ban a former researcher from getting a new position [...]

Epsilon and DCConnect Partner to Interconnect Software-Defined Networking Platforms and Drive SDN Adoption in China

Epsilon and DCConnect Partner to Interconnect Software-Defined Networking Platforms and Drive SDN Adoption in China

SINGAPORE, Jun. 28 (Korea Bizwire) — Epsilon, a privately owned global communications Service Provider, has partnered with DCConnect, a leading Chinese on-demand connectivity provider, to interconnect Software-Defined Networking (SDN) platforms and deliver two-way inter-carrier SDN network orchestration. The partnership enables users in China and around the world to instantly meet growing network demands and optimise [...]

FCoin Founder Jian Zhang: Every New Invention Is Misunderstood in Early Stage

FCoin Founder Jian Zhang: Every New Invention Is Misunderstood in Early Stage

BEIJING, CHINA, Jun. 26 (Korea Bizwire) – In an interview released in China last night, Jian Zhang, Founder of FCoin answered 10 challenging questions regarding his controversial business. Zhang is former CTO of Huobi and later in May this year launched FCoin Crypto Currency Trading Platform. Its innovative business model of “trans-fee mining” has made [...]

GMAC Launches ‘Study in China’ Initiative in Partnership with 11 Leading Business Schools in China

GMAC Launches ‘Study in China’ Initiative in Partnership with 11 Leading Business Schools in China

BEIJING and HONG KONG, Jun. 22 (Korea Bizwire) — On June 22, the Graduate Management Admission Council (GMAC) joins hands with 11 leading business schools in China to launch the “Study in China” initiative. This partnership marks the opening of an interactive platform for international students across 20 Belt and Road (B&R) regions to explore [...]