SEOUL, Feb. 10 (Korea Bizwire) — E-mart, South Korea’s biggest discount chain, said Tuesday it is launching sales at an Alibaba-powered online shopping mall, its latest effort to revive retail footing in the world’s second-largest economy after previous expansion attempts flopped. Starting mid-March, E-mart will sell some 100 food and electronic products, such as soybean [...]
SEOUL, Feb. 10 (Korea Bizwire) — Daum Kakao Corp., South Korea’s top mobile messenger and web portal operator, said Tuesday it will work with local game developers to tap into mobile publishing in China in a bid to expand its footing in the world’s most populous country. The company plans to set up a task [...]
SEOUL, Feb. 10 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Motors Corp. are facing growing challenges in emerging markets with their sales either shrinking or slowing in growth, industry data indicated Tuesday. According to data from the Korea Automotive Research Institute and other industry groups, Hyundai and Kia, South Korea’s No. [...]
BEIJING, Feb. 4 (Korea Bizwire) – China’s commerce ministry said Wednesday that it is “highly concerned” about a recent rejection of some Chinese garlic imports by South Korea, asking Seoul to properly handle the trade dispute. South Korea’s state-run Korea Agro-Fisheries & Food Trade Corp. returned about 2,200 tons of garlic to Lanling County in [...]
SAN RAMON, Calif. and BEIJING, Feb. 3, 2015 (Korea Bizwire) — Further evidence of a growing international market for home networking, smart homes and a robust Internet backbone, Luster LightTech Group has joined the Multimedia over Coax Alliance(MoCA(R)) as an Associate member. Luster is a manufacturer of networking products for applications in both residential and [...]
SEOUL, Feb. 2 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics Co., was relegated to No. 3 in smartphone market share in China in the fourth quarter of 2014, outperformed by U.S. rival Apple Inc., and is being threatened by its Chinese peers who are catching up fast, market data showed Monday. Samsung [...]
Nehow.com Has Launched With Feedback From Over 385,000 Tourists and is Set to be One of the Pioneers in China Hotel Reviews and Ratings BEIJING, Jan. 14, 2015 (Korea Bizwire) — Nehow.com ( http://www.nehow.com/ ) a new China inbound travel website, is the first travel company to provide customized options based on the hotel guest’s [...]
SEOUL, Oct. 2 (Korea Bizwire) – Semiconductor, Korea’s top export item to the world, is under threat by its close competitor China. According to a report from the Institute for International Trade under the Korea International Trade Association (KITA), Korea was a top export country of 64 items, down by nine from 2009 as of 2012. [...]
SEOUL, Sep. 25 (Korea Bizwire) — LG Electronics announced on September 24 that it launched a new air purifier targeting the Chinese consumers. The round-shaped product was previously rolled out in the domestic market in March, gaining huge popularity from Korean consumers. The world leading electronics company refurbished its air purifier to make it more [...]
SEOUL, Sep. 8 (Korea Bizwire) – China, Japan, and the Republic of Korea concluded their fifth round of Free Trade Agreement talks in Beijing for five days between September 1 and 5. The latest negotiations were led by South Korean Assistant Commerce Minister Woo Tae-hee, China’s Assistant Commerce Minister, Wang Shouwen, and Japanese Deputy Foreign [...]