SEOUL, Aug. 18 (Korea Bizwire) — Posco magnesium alloy coating (PosMAC), a corrosion-resistant steel product produced by South Korea’s leading steelmaker POSCO, is set to gain wider access in the Chinese market. The China Engineering Construction Standardized Association recently certified the ternary alloy coated steel product with high corrosion resistance as a suitable material that [...]
FREMONT, Calif., Aug. 17 (Korea Bizwire) — ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer cleaning technologies for advanced semiconductor devices, today is providing an update on the status of the proposed initial public offering (the “STAR Market IPO”) and listing of shares of ACM’s operating subsidiary ACM Research (Shanghai), Inc. (“ACM [...]
SEOUL, Aug. 6 (Korea Bizwire) — Samsung Electronics Co. expanded its presence in the Chinese tablet market in the second quarter of the year despite an overall market decline, a report showed Friday. The South Korean tech giant registered a market share of 14 percent in the April-June period, up from 6 percent a year [...]
SHANGHAI, Aug. 1 (Korea Bizwire) — Chinese-Canadian pop star Kris Wu, a former member of the K-pop boy band EXO, has been detained in China over suspicions of rape. Police in Beijing said in a posting on the Chinese social media platform Weibo late Saturday that they took the 30-year-old, whose legal Chinese name is [...]
SHANGHAI, China, July 30 (Korea Bizwire) — Junshi Biosciences (HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development and commercialization of novel therapies, announced today that the National Medical Products Administration (NMPA) of China has accepted its supplemental New Drug Application (sNDA) for toripalimab in combination with platinum-containing chemotherapy as [...]
HONG KONG SAR, July 26 (Korea Bizwire) - Chinese state-owned news media has long been criticised as being the government’s “mouthpiece” due to its ties to the Chinese government. Many question the value of news reports they produce because report the information that the government intends to share. Setting aside this stereotypical image, a recent study [...]
SEOUL, July 23 (Korea Bizwire) — In response to the mistranslation of kimchi as Chinese “pao cai,” the South Korean government has announced the official Chinese word for kimchi as “shinchi.” The Ministry of Culture, Sports and Tourism announced that new guidelines for the translation of Korean will take effect on Thursday. In the new [...]
SEOUL, July 22 (Korea Bizwire) — Shilla Duty Free, South Korea’s leading duty-free operator, said Thursday it will make inroads into China through a partnership with a Chinese industry player. Shilla Duty Free said it has signed a memorandum of understanding on a strategic partnership with Hainan Tourism Duty Free City based in the southern [...]
HONG KONG SAR, July 15 (Korea Bizwire) – Germany-headquartered logistics service provider Dachser has appointed Kevin Chen as Managing Director Air & Sea Logistics Greater China, taking effect on July 1, 2021. He reports to Edoardo Podestà, Chief Operating Officer Air & Sea Logistics of the company and the Managing Director of Dachser Air & [...]
SEOUL, July 9 (Korea Bizwire) — Naver and Daum, the top two portal sites in South Korea, listed kimchi defined as “pao cai,” a non-Korean dish from China’s Sichuan Province, in their Chinese dictionaries, a civic group here said Thursday. The Voluntary Agency Network of Korea (VANK) reported that Naver’s Chinese dictionary defines kimchi as [...]