• Nna/kyodo

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Iris Ohyama Inc., a maker of home appliance and household goods, has launched its first factory in South Korea, aimed at meeting growing local demand from e-commerce and hedging the risks of the U.S.-China trade row.

The company has invested about ¥7 billion ($64 million) to produce circulators, air purifiers, comforter dryers and storage items at the plant in Incheon, near Seoul, it said at an opening ceremony Friday.

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