Global market research firm Synovate last week released the findings of its latest Young Asians survey. According to the report, young Asians’ personal ownership of mobiles has increased from 60…
.
Your one-stop source for retail intelligence in Asia
Search Results For: Korea
China mfrs reuse scraps to reduce expenses, carbon footprint
A few years ago, China suppliers incorporated waste materials into their products only to cut manufacturing costs. Some unscrupulous factories offering inexpensive goods even did so on the sly.
Fast-f…
Asian economies continue to slow
Manufacturing activity in much of Asia continued to slow in July, with regional powerhouse China registering its first contraction since its recovery began in early 2009, indicating that the rebound i…
Grey and G2 unveil 2010 Eye on Asia findings
Leading global marketing communications agencies Grey and G2 have announced the release of their 2010 Eye on Asia – Retail study, providing insights into shopping mindsets across the Asia-Pacifi…
LG profits hit by low phone sales
South Korean electronics firm LG has reported a 33 percent loss year on year as it struggles to keep up with competitors in the smartphone market.
Along with the fact that a strengthening won has made…
Cambodia targets Chinese in latest roll of casino dice
South Korean real-estate developer Intercity Group is to build a USD400 million integrated resort and casino in Cambodia to target the growing number of Chinese visitors to Southeast Asia and its burg…
Teleshopping makes inroads in India
Levi’s, Whirlpool, LG, Samsung and Reebok are among the 500-odd brands available on India’s first 24-hour home-shopping TV channel, HomeShop18.
Though it’ll be some time before the c…
Panasonic to buy out Sanyo in move towards greener business
Japanese electronics giant Panasonic plans to buy the shares it does not own in Sanyo Electric and another unit after it bought a 50 percent stake in Sanyo in December 2009, four sources said, in a de…
Hyundai profit up 71pc
Hyundai Motor Co. said on Thursday it expects to exceed its full-year business targets due to the launch of new models around the world and robust demand from emerging markets.
The upbeat forecast fro…
LG Electronics quarterly profit tumbles as handset unit slips
LG Electronics, the world’s number two TV maker, reported a worse than expected 90 percent fall in second-quarter profit, hit by poor TV and mobile-handset sales.
The South Korean firm reported …