SEOUL, Jan. 13 (Korea Bizwire) — Hyundai Motor Co., South Korea’s largest carmaker, said Sunday that accumulated sales of its vehicles in China surpassed the 10 million unit mark in 2018. The milestone was reached 16 years after the company entered the key neighboring country, which has since become the largest market for new cars [...]
SEOUL, Jan. 4 (Korea Bizwire) — South Korean electric vehicle (EV) battery makers performed poorly in the world market in 2018 compared to their Japanese and Chinese rivals, a report showed Friday. Global shipments of EV battery products came to 76,950 megawatt-hours (MWh) in the first 11 months of last year, up a whopping 72.8 [...]
IRVINE, Calif., Jan. 2 (Korea Bizwire) — Lantronix, Inc. (the “Company”) (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today announced the addition of new channel relationship supporting the Asia Pacific & Japan (APJ) region. The company has signed a new distributor agreement with Ingram [...]
SEOUL, Jan. 2 (Korea Bizwire) — Hwang Chi-yeul, a leading light in the phenomenal popularity of Korean pop culture worldwide, will release a new album this month, the second full-length record of his 12-year music career, his management agency said Wednesday. The 37-year-old Hallyu star will return with the release on Jan. 21, according to [...]
SEOUL, Dec. 31 (Korea Bizwire) — China is preparing for North Korea’s opening by reforming border areas of North Korea and China. Along the border, China has been expanding its infrastructure and adjusting the standard of commercial facilities. Such preparations occurred as a result of the progress shown between North Korea and the United Nations [...]
SAN DIEGO, Dec. 18 (Korea Bizwire) — Crown Bioscience, a global drug discovery and development services company providing translational platforms to advance oncology, inflammation, cardiovascular and metabolic disease research, has recently announced the expansion of its existing translational oncology research capacity by opening a new site in Suzhou, Jiangsu, China. The large amount of data [...]
SEOUL, Dec. 17 (Korea Bizwire) — The CTO of HiSilicon Technologies Co., the semiconductor design company of China’s Huawei Technologies Co., was previously employed as an executive director at Samsung Electronics Co. The industry was shocked when Huawei successfully poached the high-ranking Samsung executive. He was the key figure who had developed Samsung Electronics’ 10-nanometer [...]
SEOUL, Dec. 11 (Korea Bizwire) – South Korean tech giant Samsung Electronics Co. came under fire after claiming that the company is partnering with a “knock-off” version of popular U.S. fashion brand Supreme, industry sources said. During the showcase event of the Galaxy A8s smartphone in China, Samsung said it is collaborating with Supreme, which [...]
SEOUL, Dec. 11 (Korea Bizwire) — A growing number of South Koreans shopping at overseas online malls are picking Chinese sites, a tally from a credit card firm indicated Tuesday. Purchase records from Nov. 1-26, compiled by the big data center at Shinhan Card, showed a 9.8 percent increase from last year in the monetary [...]
SHENZHEN, China, Dec. 3 (Korea Bizwire) — Shenzhen Silver Star Intelligent Technology Co., Ltd (Silver Star), a leading robotics technology solutions provider, claimed victory in its long dispute with iRobot in Investigation No. 337-TA-1057 based on the Final Determination rendered by the U.S. International Trade Commission (ITC) on November 30, 2018. The initial ITC complaint [...]