SEOUL, Apr. 28 (Korea Bizwire) - Prices of pork meat in South Korea shot up nearly 17 percent this month due to strong demand in line with increased outdoor activities such as camping, and may further rise down the road, data showed Sunday. According to the data by the Korea Agro-Fisheries & Food Trade Corp., [...]
SHANGHAI, China, Apr. 24 (Korea Bizwire) — Qtum, the open-source public blockchain platform, launched Unita, a blockchain protocol designed for enterprises. Unita securely stores data, utilizes existing developer tools and automates information transfer processes for businesses at a groundbreaking speed of 10,000 transactions per second. Unita’s flexibility allows a wide population of developers to use common [...]
SEOUL, Apr. 22 (Korea Bizwire) — Samsung Electronics Co. has reportedly delayed the launch events of its upcoming Galaxy Fold in China, days after reports of broken prerelease units given to U.S. reviewers, according to media reports Monday. Samsung had planned to hold launch events for its foldable smartphone in China this week for media [...]
SEOUL, Apr. 19 (Korea Bizwire) — Hyundai Motor Group’s first-quarter sales in China fell for the fifth year in a row, reeling from the aftermath of a diplomatic row and increasingly competitive alternatives from Chinese automakers, company data showed Friday. In the January-March quarter, Hyundai Motor Co. and its affiliate Kia Motors Corp. sold a [...]
SEOUL, Apr. 18 (Korea Bizwire) — South Korean memory chipmaker SK hynix Inc. said Thursday it has completed the expansion of its fabrication line in China to step up its DRAM production. The 58,000 square-meter facility in the eastern Chinese city of Wuxi will start operation in the second quarter, SK hynix said. The 950 [...]
SEOUL, Apr. 17 (Korea Bizwire) — The Jeju provincial government on Wednesday nullified the business license of a Chinese-owned medical center as South Korea’s first for-profit hospital as it missed the deadline for the launch of its operation. The Shanghai-based Greenland Group recently requested an extension of the March 4 deadline for the opening of [...]
FORT LAUDERDALE, Fla., Apr. 11 (Korea Bizwire) — Rundo International Pharmaceutical Research & Development Co., Ltd. (Rundo), a prominent, Shanghai-headquartered contract research organization (CRO) has selected eClinical solutions from OmniComm Systems, Inc. (OTCQX: OMCM), a leading global provider of clinical data management technology. Under the terms of two separate agreements, Rundo will use OmniComm’s TrialMaster [...]
HONG KONG, CHINA, Apr. 10 (Korea Bizwire) – Corruption is a major threat faced by China and anyone who wants to do business in the country. In recent years, the Chinese government’s crackdowns in corruption has led to some success. In the Berlin-based non-profit Transparency International’s Corruption Perceptions Index 2017, China ranked 77th with a score [...]
SEOUL, Apr. 9 (Korea Bizwire) — South Korean and Chinese researchers will conduct a joint study on harmful effects of ultrafine dust particles on the human body, officials said Tuesday. The Ministry of Education and the National Research Foundation of Korea said they have selected a Korea-China joint research study on the health effects of [...]
SEOUL, Apr. 6 (Korea Bizwire) — Alipay, China’s leading mobile payment platform, said Saturday that it does not provide any commercial service for a major hotel in Pyongyang and has “strict measures” in place to block such transactions there. The denial came a day after Beijing-based Koryo Tours, which specializes in tours to North Korea, [...]