SEOUL, Nov. 11 (Korea Bizwire) — South Korea suffered a some 41 percent tumble in the number of visiting Chinese tourists over the past three years since its decision to deploy an advanced U.S. missile defense system here, a report said Monday. A total of 4.79 million Chinese visited South Korea in 2018, down 40.6 [...]
SEOUL, Nov. 5 (Korea Bizwire) — South Korean electronics maker LG Electronics Inc. said Tuesday it has filed a patent infringement suit against China’s Hisense in the United States to protect its TV technologies. LG said it filed complaints against American and Chinese branches of Hisense in a district court in California, claiming most of [...]
SEOUL, Oct. 17 (Korea Bizwire) — A best-selling Korean feminist novel topped an online sales list in China, becoming a major overseas hit after also achieving success in Japan, a publication house said Thursday. “Kim Ji-young, Born in 1982″ by Cho Nam-joo ranked atop the fiction sales list on Dangdang, China’s biggest online bookstore, on [...]
AMSTERDAM, NETHERLANDS, Oct. 10 (Korea Bizwire) - Ingenico Group (Euronext: FR0000125346 – ING), the global leader in seamless payment, is transforming how international ecommerce companies operate in China. By introducing a suite of payment methods that fully caters to the preferences of local consumers, Ingenico will enable online businesses to gain better access to one of the [...]
SEOUL, Oct. 4 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Motors Corp. said Friday their combined sales in China plunged 16 percent in the January-August period amid little sign of a recovery. In the first eight months, Hyundai and Kia sold a total of 555,943 vehicles in China, down from 662,442 units [...]
SEOUL, Oct. 2 (Korea Bizwire) — Korean Air Lines Co., South Korea’s national flag carrier, said Wednesday it will open four new routes to China and the Philippines later this month amid declining demand to Japan. Korean Air will begin services on routes to Clark, Philippines, and Nanjing, China, on Oct. 27 and to Zhangjiajie [...]
SEOUL, Sept. 27 (Korea Bizwire) – SK Innovation Co., a major electric vehicle (EV) battery maker in South Korea, will establish a joint venture to produce EV batteries in China, industry sources said Friday. According to the sources, Chinese battery firm EVE Energy Co. has approved a plan to set up the EV battery joint [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korea’s state-run tourism agency said Monday it has attracted a 3,000-strong incentive travel group from a Chinese healthcare marketing company. The employees of Guangzhou Yanruyu Medical Technology began a five-day trip to Seoul, Incheon and Gangwon Province on the day, according to the Korea Tourism Organization (KTO). The [...]
INCHEON, Sept. 23 (Korea Bizwire) — Nearly 90 percent of the counterfeit goods that were caught by customs authorities in the last five years were from China, with Louis Vuitton found to be the biggest victim among reputable brands, data showed Monday. The value of imported fake goods that were uncovered between 2015 and August [...]
CHICAGO, Sept. 17 (Korea Bizwire) — PureCircle (LSE: PURE), the world’s leading producer and innovator of great-tasting stevia sweeteners for the global beverage and food industries, was recently granted a Chinese patent directed to its proprietary process for scaling up production of its flagship, next generation Reb M stevia leaf sweetener. The company’s proprietary process [...]