Korea Takes Over Battery Leadership from Japan

Samsung SDI's strong growth and a recent surge by LG Chem have given Korea its first lead over Japan's Panasonic and Sony in the global ...

Used Car Sales Surpass New Cars in S. Korea

In 2011 S. Koreans bought 2.32 million used cars to only 1.6 million new cars, with the average price of used cars rising to 7 ...

Korean CEOs Go Abroad to Recruit Top Talent

This is the seventh year that LG Chem CEO Kim Ban-seok has visited the United States in search of employees, holding another recruitment fair at ...

China Salaries to Jump 12.8% Amid High Turnover

Salaries in China are expected to jump another 12.76% in 2012 after a 13.14% jump in 2011, according to the management consulting firm Adafaith. Salary ...

HTC Clings to No. 5 Spot Despite Smartphone Plunge

Taiwan's HTC remains the world's No. 5 smartphone maker despite loss of market share to Samsung and Apple, according to US-based International Data Corp.

Japan's New Car Sales Jump 92% in April

In April Japanese bought 208,977 new vehicles, excluding minivehicles, a 92.0% jump over the same month last year.

China Seeks to Boost Imports of Advanced Technology

China's push for more imports will place the main focus on boosting imports of advanced technology, equipment and key components while also seeking to boost ...

China Coca-Cola Plant Shut Down on Chlorine Fears

A Shanxi province beverage plant owned by Coca-Cola was shut down by regulators after chlorine was found in a batch of drinks made in February.

Samsung, Apple CEOs Ordered into Settlement Talks

Samsung Electronics vice chairman Choi Gee-sung and Apple CEO Tim Cook will meet at the US district court in San Francisco on May 21 to ...

Korea Business Sentiment Turns Optimistic

Korea’s business sentiment turned clearly optimistic from a slightly pessimistic reading a month earlier thanks to improving prospects for global growth and encouraging signs in ...

Apple to Order Record $11 Bil. in Samsung Parts

The epic ongoing patent litigation hasn't dulled Apple's appetite for Samsung chips and state-of-the-art displays, as its orders to the Korean electronics giant are expected ...

Nissan Makes Push to Be India's Top Auto Exporter

Japan's number two carmaker Nissan Motors has decided to make India its global export base with an eye toward becoming that nation's leading auto exporter.

Hyundai Heavy Achieves Top Solar-Cell Efficiency

S. Korea's Hyundai Heavy Industries (HHI) has overtaken China's Suntech as the maker of the world’s most efficient solar cell by producing a selective emitter ...

China Manufacturing Activity Seen Growing in April

China's manufacturing sector picked up steam in April, suggesting that the central government's easing measures are taking effect, according to manufacturing purchasing manager's index (PMI) ...

ITC Clears Samsung, LG of Dumping Refrigerators

On Tuesday the US International Trade Commission (ITC) ruled in favor of Samsung and LG in an anti-dumping case filed by US fridge maker Whirlpool.

James Zhan Gets Piece of $1.2 Bil. Chongqing Surveillance Project

Small Lenders in Wenzhou Rush to Become Banks

The central government's pledge to let private lenders become village and town banks as part of an economic experimental zone to be established in the ...

China's Private Firms Posted Biggest Profit Growth

China's industrial firms posted a 25.4% year-on-year rise in profits to a collective 5.45 trillion yuan ($863.68 billion) in 2011.

Apple Falls to 5th in China Smarphone Market

Apple's rise to the top of the global smartphone market in late 2012 hasn't kept it from slipping to 5th place in China as it ...

China Stocks Jump After Bank Reserve Ratios Cut

The central bank's 50 basis-point cut in reserve ratios released about 400 billion yuan ($63.53 bil.) in capital into the economy and sent China's stocks ...

Apple's Trademarks Vulnerable in China

The iPhone and iPad trademarks are likely to be used by at least 39 Chinese firms because Apple has been careless in failing to register ...

China Firm Aims to Turn Court Win into Ban on iPads

Shenzhen Proview is now seeking to leverage a December court ruling on its ownership of the “iPad” name into a nationwide injunction against the export ...

China Promises 45 Mil. New Jobs, 13% Wage Hike

China's central government promised to create 45 million new jobs and boost the minimum wage 13% a year through 2015 as it faces increasing anger ...

Pink Slime Not Used in Its China Burgers Says McD's

McDonald's was forced to reveal that it uses a higher quality of beef for its burgers sold in China than in the US after it ...

Apple Appeals After Losing iPad Suit to Taiwan Firm

Apple is appealing a 240 million yuan ($38 million) judgment awarded against it by a Beijing court for infringing a Taiwan firm's trademark on the ...

Korea to Phase Out Magnetic Strips on Debit Cards

Korea has decided to quickly phase out debit cards with magnetic strips, the Financial Supervisory Service announced Tuesday.

Japan Posts First Trade Deficit Since 1980

Japan posted a trade deficit of ¥2.5 trillion ($32.1 bil.) for 2011, the first such deficit since 1980.

McDonald's Adds European Feel While Doubling in China

McDonald's is investing in European-style makeovers for 80% of its China outlets by 2013 to attract more young urban adults even as it plans to ...

China Mobile Aims to Provide Global 4G Access for 2 Bil.

China Mobile will build over 500,000 TD-LTE 4G base stations to provide internet access for two billion people around the world by 2014.

Apple Unlikely to Catch Samsung in China

A hardware incompatibility due to Apple's strategy of standardizing its product offerings across the world will keep it from matching Samsung's dominant share of China's ...

73 Korean-American Lawyers Hired by Apple's Law Firms

An indication of how much the epic patent litigation between Samsung and Apple is likely to heat up is the number of Korean-speaking legal staff ...