SEOUL, Mar. 11 (Korea Bizwire) — North Korea has begun the construction of factories in more than 10 counties, state media reported Monday, as leader Kim Jong-un called for the development of backward provinces to bolster the regional economy. The country held a series of the groundbreaking ceremonies for the construction of the regional industrial [...]
SEOUL, Oct. 23 (Korea Bizwire) — The number of handsets produced in South Korea is expected to reach 25 million units in 2018, industry tracker Strategy Analytics’ data showed Tuesday, falling sharply from a decade earlier after major companies relocated their factories abroad. The outlook compares to 136 million units posted in 2008, Strategy Analytics [...]
SEOUL, Aug. 24 (Korea Bizwire) — The governor of Poland’s Lodzkie Region on Thursday called on South Korean electronics and automobile companies to invest in the province which is rich in skilled workers and is a major transportation hub in Europe. Gov. Witold Stepien is visiting Seoul along with business executives from nine Polish [...]