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Alphawave IP and VeriSilicon Expand Partnership with $54m Multi-Year Exclusive Subscription Reseller Agreement for China Market

TORONTO, Feb. 26 (Korea Bizwire) — Alphawave IP, the world leader in multi-standard connectivity IP solutions, today announced that it has negotiated a $54M multi-year exclusive subscription reseller agreement with VeriSilicon for the China market. Under the terms of the agreement, VeriSilicon will be Alphawave’s exclusive IP reseller for Alphawave’s entire IP portfolio for the [...]

NMPA Approves Toripalimab in Patients with Recurrent or Metastatic Nasopharyngeal Carcinoma After Failure of at Least Two Lines of Prior Systemic Therapy

SHANGHAI, China, Feb. 22 (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 granted a conditional approval to toripalimab for the treatment of patients with recurrent or metastatic [...]

Media OutReach Expands into China with Strategic Partnership with Xinhua Finance Agency

HONG KONG SAR, Feb. 18 (Korea Bizwire) - Media OutReach, the first global newswire founded in Hong Kong in 2009, today announces its business expansion into China. The partnership with Xinhua Finance Agency (XFA) is a strategic one as XFA has a thorough understanding of local client needs from working closely with the business community in [...]

Doosan Mobility Innovation to Develop Hydrogen-fueled Firefighting Robots

SEOUL, Feb. 9 (Korea Bizwire) — Doosan Mobility Innovation (DMI), a producer of portable fuel cell power packs, said Tuesday it has signed a deal with a Chinese robot maker to jointly develop hydrogen fuel cell-powered firefighting robots. Under the deal with CITIC HIC Kaicheng Intelligence Equipment Co., DMI will work together to establish sales [...]

China’s Skyworth Apologizes over Misusing Image of LG’s Rollable TV

SEOUL, Feb. 9 (Korea Bizwire) — Chinese electronics giant Skyworth has apologized over misusing an image of LG Electronics Inc.’s rollable TV during its presentation at a tech expo last month, industry insiders said Tuesday, following the South Korean tech firm’s complaint. Skyworth USA Corp., the American unit of Skyworth, recently issued a statement acknowledging [...]

Korean Excavator Makers Likely to Enjoy Another Boom in China This Year

SEOUL, Jan. 24 (Korea Bizwire) — South Korea’s two excavator makers are expected to see a steady rise in their shipments to China this year thanks to a boom in the neighbor’s construction market, according to industry watchers Sunday. “The Chinese government’s policy to boost the economy is forecast to expand the volume of the [...]

SK Innovation Invests in China’s EV Battery Swap Station Operator

SEOUL, Jan. 21 (Korea Bizwire) — SK Innovation Co., a South Korean refinery-to-battery company, said Thursday it has invested in a Chinese battery swap system provider to step up its battery business in the world’s largest market. SK Innovation said it acquired a 13.3 percent stake in Blue Park Smart Energy Technology Co. (BPSE), a [...]

Amlan International Names Harold Zhou as Regional Operations Director for China

CHICAGO, Jan. 19 (Korea Bizwire) — Amlan International, a global leader in mineral-based feed additives that improve the intestinal health and efficiency of poultry and livestock, has named Harold Zhou as the new Regional Operations Director of China. Zhou is based in Amlan’s sales office in Shenzhen, China. In this position, Zhou will work to [...]

Hyundai to Build 1st Overseas Hydrogen Fuel-cell Systems Plant in China

SEOUL, Jan. 15 (Korea Bizwire) — Hyundai Motor Co. said Friday it will build its first overseas hydrogen fuel-cell systems plant in China to make a presence in global hydrogen markets. Hyundai will produce 6,500 fuel-cell systems for hydrogen-powered vehicles annually at the plant in China’s southern city of Guangzhou, starting in the second half [...]

Korea and China Clash over Kimchi Origin Following Post by Chinese Ambassador

SEOUL, Jan. 14 (Korea Bizwire) — The Chinese ambassador, as well as a famous food blogger in China were shown on social media making Korean kimchi, rekindling the Korea-China debate over the origin of kimchi. Chinese Ambassador to the United Nations Zhang Jun posted a photo of himself holding up kimchi on his Twitter account [...]