SEOUL, July 20 (Korea Bizwire) — LG Display Co., South Korea’s major display panel maker, said Monday it will begin to mass-produce OLED panels soon at its factory in Guangzhou, China, after a one-year delay due to the new coronavirus outbreak. LG Display said it is currently producing 8.5 generation OLED panels at the factory [...]
BEIJING, July 20 (Korea Bizwire) — South Korea’s leading cinema chain CGV reopened in parts of China Monday, as the country allowed movie theaters to resume operation after six months of closure amid the slowdown of the new coronavirus. CGV resumed business at 21 branches in 12 Chinese cities, including Shanghai, Hangzhou, Guangzhou, Nanjing and [...]
SEOUL, July 20 (Korea Bizwire) — As the South Korean government continues to distribute solar panels and other renewable energy platforms, Chinese manufacturers are bolstering their offensive in the South Korean market for solar panels. The Korea International Trade Association reported that imports of Chinese solar modules in January to June period this year reached [...]
SHANGHAI, China, July 12 (Korea Bizwire) — Junshi Biosciences (HKEX: 1877), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced today the completion of study subjects enrollment in Phase I trial of SARS-CoV-2 neutralizing monoclonal antibody injection (Product Code: JS016), developed jointly with Institute of Microbiology, Chinese Academy [...]
SEOUL, July 10 (Korea Bizwire) — China’s Xiaomi Corp. will sell its 5G smartphone in South Korea through major mobile carriers, industry insiders said Friday, as it eyes gaining a presence here against homegrown brands. Xiaomi’s Mi 10 Lite 5G smartphone will be launched online next Friday after a four-day preorder period, sources said. It [...]
SEOUL, June 29 (Korea Bizwire) — The Voluntary Agency Network of Korea (VANK), a cyber diplomatic organization, has launched a campaign to correct misconceptions that could arise from the information board of the Gwanggaeto Stele installed in the city of Jian in Jilin Province, China. The Gwanggaeto Stele is a memorial stele for the tomb [...]
SEOUL, June 19 (Korea Bizwire) — SsangYong Motor Co. said Friday it has signed an initial agreement with Chinese carmaker Songuo Motors Co. to export its Tivoli sport utility vehicle. Under the basic agreement, SsangYong Motor will deliver the Tivoli SUV in the form of knockdown units to Songuo Motors’ plants in China to be [...]
SEOUL, June 19 (Korea Bizwire) — The Korean unit of Chinese tech giant Huawei Technologies Co. on Friday signed a partnership deal to support South Korea’s artificial intelligence (AI) businesses as it tries to expand its presence here. Under the deal with the Korean Artificial Intelligence Association, which represents some 300 startups in the AI [...]
SEOUL, June 16 (Korea Bizwire) — SK Group, South Korea’s third-largest conglomerate, said Tuesday it has secured a stake in a chipmaking unit of China’s largest electric vehicle (EV) producer BYD. SK China Co., one of the group’s China-based affiliates, acquired a 1.47 percent stake in BYD Semiconductor for 150 million yuan (US$21 million). BYD [...]
SEOUL, June 16 (Korea Bizwire) — South Korean gaming giant Nexon Co. is making all-out efforts for the successful launch of a mobile edition of its flagship title “Dungeon & Fighter” in China, industry sources said Tuesday. Neople, a subsidiary under Nexon responsible for the development of the mega-hit game, has recently opened a new [...]