SEOUL, March 26 (Korea Bizwire) — Samsung Electronics Executive Chairman Lee Jae-yong has visited a semiconductor components manufacturing site in China run by a Samsung affiliate, the company said Sunday, in the first such trip to the neighboring country in three years. Lee visited the manufacturing facility in Tianjin, operated by Samsung Electro-Mechanics Co., on [...]
SEOUL, March 20 (Korea Bizwire) — Kia Corp., South Korea’s second-biggest carmaker by sales, on Monday unveiled the all-electric EV5 SUV concept at an electric vehicle (EV) event held in China. Kia introduced the EV5 concept at Kia EV Day planned only for Chinese customers before it launches an electric SUV model based on the [...]
SEOUL, March 13 (Korea Bizwire) — South Korean airlines said Monday they will expand flights to China from later this month, as the two countries recently agreed to increase flights on their routes to pre-pandemic levels. Seoul and Beijing have the right to provide 608 flights a week on routes to each other’s country, and [...]
INCHEON, March 12 (Korea Bizwire) — Car ferries linking South Korea’s western port of Incheon and China will resume operations next month, industry sources said Sunday, after more than three years of a hiatus attributable to the outbreak of the COVID-19 pandemic. The service of the vehicle-transporting ferries connecting Incheon and eight Chinese cities, including [...]
SEOUL, March 11 (Korea Bizwire) — China on Friday shunned South Korea in its second batch of countries allowed for Chinese group tourists, a move widely seen as a form of political complaint. The Chinese culture ministry added 40 foreign countries, including France, Italy, Denmark, Portugal and Iran, but not South Korea, to its list [...]
SEOUL, March 9 (Korea Bizwire) — AliExpress Korea plans to invest about 100 billion won (US$75.7 million) in South Korea this year, the top executive said Thursday, as the online retailer backed by China’s Alibaba Group is pushing to strengthen its presence in the growing cross-border shopping market. The investment is meant “to offer more [...]
SEOUL, March 3 (Korea Bizwire) — South Korean and Chinese aviation authorities have agreed to gradually increase the number of flights on their bilateral routes to pre-pandemic levels, the South Korean transport ministry said Friday. Seoul and Beijing have the rights to provide 608 flights a week on routes to each other’s country, and they [...]
INCHEON, Feb. 24 (Korea Bizwire) — High-end drones will be deployed on large vessels operated by South Korea’s Coast Guard to monitor Chinese boats engaging in illegal fishing activities, officials said Thursday. The Coast Guard announced that it will invest 28 billion won (US$21.4 million) by 2028 to purchase 144 additional drones for 32 large [...]
SEOUL, Feb. 22 (Korea Bizwire) — South Korea decided to lift a requirement for travelers from China to take PCR tests after their arrival here from next month as the COVID-19 situation remains stable, an official said Wednesday. Though the post-arrival test requirement will be lifted on March 1, the pre-arrival test requirement will remain [...]
SEOUL, Feb. 15 (Korea Bizwire) — A firestorm of controversy was ignited after a high-ranking Chinese diplomat made a false claim that a landmark bridge in Turkey had been built by a Chinese company. Chinese Consul General in Belfast Meifang Zhang tweeted on Monday, claiming that “The Canakkale Bridge has withstood the earthquake. It was [...]