SEOUL, July 5 (Korea Bizwire) — SK hynix Inc. said Tuesday it has set up makeshift tents for workers in its chip fabrication factory in Wuxi, China, to prevent a potential citywide COVID-19 lockdown from disrupting its production. Eastern cities in China, including Wuxi, have recently reported an increasing number of coronavirus infections, raising fears [...]
SEOUL, June 24 (Korea Bizwire) — Concerns are rising over the risk of the value chain for major sources of renewable energy like solar and wind power being dominated by China, a report showed Thursday. The report from the Federation of Korean Industries (FKI), the lobby for South Korea’s family-controlled conglomerates, gave a global forecast [...]
KUNMING, China, June 20 (Korea Bizwire) — Kunming, the capital city of southwest China’s Yunnan Province, saw a booming trade in its flower markets in 2021 and tops the country’s trade of fresh-cut flowers, according to the Kunming Municipal Government. A total of 10.26 billion stems of fresh-cut flowers were sold in the Dounan flower [...]
SEOUL, June 20 (Korea Bizwire) — Ever since China began to incorporate regional histories throughout the country’s current territory into national history, China’s distortion of Korean history has deepened, exacerbating the Korea-China dispute. “China’s five-year Northeast Project has ended, but the distorted perception towards Korean history, based on China’s territory-centric views, continues,” Kim Hyun-sook, a [...]
SEOUL, June 6 (Korea Bizwire) — A South Korean civic organization is challenging false claims that “pansori,” a Korean genre of musical storytelling, is from China. The Voluntary Agency Network of Korea (VANK) introduced pansori as traditional Korean one-person opera that uses a drum, ballads, dialogue and choreography to deliver a story. The civic group [...]
MONTREAL, June 2 (Korea Bizwire) — Bombardier is pleased to announce the appointment of Jianwei Zhang as Chairman, Bombardier China, effective immediately. The appointment of the seasoned professional reaffirms Bombardier’s commitment to China where the company continues to offer market-leading business jets and provide aftermarket services at its strategically located service centre in Tianjin. “I [...]
SEOUL, May 27 (Korea Bizwire) — China’s sweeping COVID-19 lockdowns are sending a shockwave in the display panel industry by exacerbating supply chain woes and parts procurement problems. In April, global shipments of liquid crystal display (LCD) panels fell 15 percent from a year earlier amid the prolonged lockdowns in China, according to industry tracker [...]
SEOUL, May 26 (Korea Bizwire) — The Daejeon District Public Prosecutors Office said Wednesday it had indicted two Chinese individuals in collaboration with the Ministry of Culture, Sports and Tourism for illegally sending Korean broadcasting content abroad over the past six years. Among them, the one who was arrested in South Korea was indicted with [...]
WALTHAM, Mass. and SHANGHAI, China, May 15 (Korea Bizwire) — Zenas BioPharma, a global biopharmaceutical company committed to becoming a leader in the development and commercialization of immune-based therapies for patients in need around the world, today announced the submission of an investigational new drug (IND) application to the China National Medical Products Administration (NMPA) [...]
SEOUL, April 26 (Korea Bizwire) — After the U.S. slapped sanctions on a string of Chinese companies, Taiwanese and Japanese chipmakers enjoyed a stronger presence in the Chinese chip market, while South Korean chipmakers’ standing there weakened, the business lobby group said Monday. The Federation of Korean Industriesanalyzed the changes in the market shares of [...]