Source: China – South China Morning PostOh Sang-hoon, an executive of a South Korean company that manufactures television parts, is gearing up for an impending energy crunch.Even though electricity bills only account for a fraction of costs for the firm, which supplies parts to electronics giants Samsung and LG, Oh has already felt the effects of skyrocketing oil prices. The price of transport and raw materials such as plastics – which are derived from oil, gas, or coal – have risen by 5 to 10 per cent.“I’m quite worried about rising…Read More