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Lotte, Samsung lock horns in race to lure Chinese tourists

2015-09-22 14:22:17| Semiconductors - Topix.net

With the influx of Chinese tourists and their spending at duty-free stores snowballing, Lotte Group and Samsung Group have locked horns in the services and retail industries, striving to win the favor of Chinese consumers. Their affiliates -- Hotel Shilla, with Samsung Group, and Hotel Lotte as well as Lotte Duty Free -- have been placed at the forefront to win the hearts of Chinese tourists, who have been known to spend an average of $2,094 during their stay, according to data from the Korea Tourism Organization.

Tags: chinese samsung race lock

 

Governor Herbert Meets with Top Chinese Business Leaders

2015-09-21 09:02:40| Logistics - Topix.net

As part of the Zions Bank Utah Trade Mission to Hong Kong and China, Governor Gary R. Herbert attended several meetings on Sept. 16 and 17 with some of China's top business leaders to strengthen existing international relationships and build new ones.

Tags: top business chinese leaders

 
 

LG Chem hunts for Chinese talents for future growth

2015-09-20 13:47:56| Chemicals - Topix.net

South Korean battery-maker and chemical firm LG Chem is seeking to attract global talents in China for future growth. LG Chem chief executive Park Jin-soo, chief human resource officer Kim Min-hwan and other top executives recently flew to China to hand-pick new employees at a company recruiting event, named the Business and Campus Tour, held at the Shangri-La Hotel, Beijing over the weekend.

Tags: future growth chinese chem

 

Yuan devaluation could weigh on Chinese buyers of US homes

2015-09-18 17:13:30| Real Estate - Topix.net

Shanshan Wu already owns three houses back home in China. But the 36-year-old has spent the last two months in Chicago shopping for a three-bedroom.

Tags: us chinese homes buyers

 

Chinese chipmaker SMIC to invest US$280 million in advanced assembly...

2015-09-17 13:27:22| Semiconductors - Topix.net

Semiconductor Manufacturing International Corp , China's biggest contract manufacturer of integrated circuits, is teaming up with Qualcomm to invest US$280 million in the development of an advanced assembly package line for the country's growing chip industry. Shanghai-based SMIC and a subsidiary of Qualcomm, the world's leading supplier of mobile chips, signed on Wednesday a non-legally binding term sheet to invest in SJ Semiconductor, a specialist in advanced wafer-level packaging and testing based in the eastern coastal province of Jiangsu.

Tags: advanced million chinese assembly

 

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