SK Hynix pushing to acquire Key Foundry to double foundry capacity
May 18, 2021 06:43 am UTC| Business Economy
SK Hynix is reportedly very interested in buying Key Foundry, a Korean chip contract manufacturer. The second-largest chipmaker in the world would like to expand its foundry capacity and this is the main reason for its...
Taiwan on track to meet pineapple export target of 30,000 tons, thanks to robust sales in Japan
May 18, 2021 04:33 am UTC| Economy Business
Taiwan is on track to meet its pineapple export target of 30,000 tons this year, having exported 18,222 tons so far, with 11,286 tons or 61.9 percent sold to Japan. The 11,286 tons sold to Japan exceed the total sold to...
China experiences avocado shortage due to delayed supply from Peru
May 18, 2021 00:42 am UTC| Economy Business
China is running out of avocados as the supply from Peru is delayed, reportedly due to the quality of the recent batch not meeting the required standards of the Peruvian government. Only available are a limited supply...
S. Korean firms investing in US warned to be diplomatically sensitive to China
May 18, 2021 00:02 am UTC| Economy Business
With the US committed to jointly form anti-China supply chains with allies, analysts warn that South Korean firms have to be diplomatically sensitive to prevent China from assuming they are part of the...
Asiana cuts Q1 net losses on robust cargo demand
May 17, 2021 23:58 pm UTC| Economy Business
Asiana Airlines Inc.s net losses narrowed to 230.4 billion won in the first quarter from 549 billion won a year earlier as increased cargo sales helped offset a slump in passenger travel. The operating loss of South...
Nestlé-owned firm unveils plant-based jerky products
May 17, 2021 23:56 pm UTC| Economy Business
Nestlé-owned Sweet Earth Foods has launched a plant-based jerky snack as its first shelf-stable product. The new offering, which contains 13g of plant protein per serving, is said to provide the same meaty taste...
S. Korea's ICT exports soar 32.6% in April
May 17, 2021 11:02 am UTC| Economy Business
South Koreas exports of information and communication technology (ICT) products were estimated at US$17.06 billion in April, rising 32.6 percent from a year earlier. It was the sharpest rise since April 2010 and marked...
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