SEOUL, Sept. 20 (Korea Bizwire) — A nationwide shopping festival involving hundreds of retailers and traditional markets will begin next week, the government said Wednesday, as it aims to draw foreign travelers amid a sharp decline in the number of Chinese tourists. The annual Korea Sale FESTA, jointly organized by the Ministry of Culture, Sports [...]
SAN RAMON, Calif. and BEIJING, Sept. 19 (Korea Bizwire) — Luster LightTech Corp., based in Beijing, China, is MoCA’s newest Promoter member and will take a seat on the MoCA Board of Directors. Luster was invited to become a Promoter member because of their contribution to the development of MoCA Access™ and promotion of MoCA [...]
SEOUL, Sept. 19 (Korea Bizwire) — Sales of China’s Tsingtao beer have risen sharply in South Korea in recent months despite South Korean firms being hit by Beijing’s retaliation against Seoul for the deployment of a U.S. missile defense system on its soil, industry sources said Tuesday. Beijing insists the installation of the Terminal Altitude [...]
SEOUL, Sept. 18 (Korea Bizwire) — The operator of Incheon International Airport is likely to snub calls from Lotte Duty Free, the country’s top duty-free operator, to adjust its rental fees, industry sources said Monday, amid the ongoing diplomatic row between Seoul and Beijing over the deployment of a U.S. missile system here. Last week, [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea’s tourism industry has been hit hard by a diplomatic row with China over the deployment of a U.S. missile shield here that has sent the number of Chinese visitors tumbling, a report said Friday. In mid-March, China banned the sale of group tours to Seoul in retaliation [...]
SEOUL, Sept. 14 (Korea Bizwire) — Samsung Electronics Co., South Korea’s tech behemoth, said Thursday that its latest high-end smartphone, the Galaxy Note 8, will be launched in China later this month to tide over a slump in one of the world’s largest smartphone markets. The phablet will hit Chinese shelves on Sept. 29, according [...]
DAEJEON, Sept. 12 (Korea Bizwire) – The Korean Intellectual Property Office’s “Chinese Trademark Brokerages Early Warning Service” is providing a big boost to South Korean companies who have struggled from trademark theft. Since its inception last year, the Korean Intellectual Property Office (KIPO) has requested the State Intellectual Property Office (SIPO) of China to run [...]
BEIJING, Sept. 7 (Korea Bizwire) — Gridsum Holding Inc. (“Gridsum” or the “Company”) (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence solutions in China, held the final contest of its Third Annual Gridsum Hackathon successfully in Beijing on August 19, with 16 cross-region, cross-division finalist teams. “Gridsum Deep Vision Dissector (GDVD)” designed [...]
SEOUL, Sept. 6 (Korea Bizwire) — South Korea and Thailand have agreed to double the number of designated airlines on their bilateral routes as Seoul tackles declining travel demand from China, the transport ministry said Wednesday. At the aviation talks held in Busan, 450 kilometers south of Seoul, Koo Bon-hwan, director general of the Aviation [...]
GOESAN, Sept. 5 (Korea Bizwire) — For the people of Goesan County, North Chungcheong Province, the period of “gimjang” or kimchi-making in November is the most critical time of the year. The sky-high demand from urban populations for Goesan’s specialty, salted cabbage, has the region seeing healthy yearly returns on its leafy vegetables. Just last [...]