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Samsung Runs ‘Galaxy Fan Class’ at Digital Plaza Stores

Samsung Runs ‘Galaxy Fan Class’ at Digital Plaza Stores

SEOUL, April 12 (Korea Bizwire) – Samsung Electronics Co. had started running Galaxy Fan Classes that provide a variety of educational and experience programs, including how to use the latest Galaxy smartphones, at its Digital Plaza stores nationwide. The classes are designed to evolve the Digital Plaza from a simple shopping space into a space [...]

With Mobile Biz Left Behind, LG Electronics Now Sets Sights on Vehicle Parts, AI

With Mobile Biz Left Behind, LG Electronics Now Sets Sights on Vehicle Parts, AI

SEOUL, April 5 (Korea Bizwire) — Leaving its ill-fated mobile business behind, LG Electronics Inc., South Korea’s No. 2 tech firm, will zero in on bolstering promising sectors, like vehicle components, connected devices and artificial intelligence (AI), industry observers said Monday, hoping that the segments will fill the hole left by its money-losing unit. LG [...]

LG’s Departure from Mobile Biz to Boost Bigger Rivals’ Presence

LG’s Departure from Mobile Biz to Boost Bigger Rivals’ Presence

SEOUL, April 5 (Korea Bizwire) – LG Electronics Inc.’s withdrawal from the mobile business is likely to help its bigger rivals such as Samsung Electronics Co. expand their presence in the sector at home and abroad, industry observers said Monday, as there are limited alternatives for local consumers. After years of money-losing performance, LG said [...]

LG Electronics Exits from Loss-making Mobile Biz

LG Electronics Exits from Loss-making Mobile Biz

SEOUL, April 5 (Korea Bizwire) — LG Electronics Inc. said Monday it will withdraw from the mobile business after years of money-losing performance amid intensifying competition with bigger rivals. The South Korean tech powerhouse said in a regulatory filing that its mobile communications (MC) unit will no longer produce and sell handsets after July 31, [...]

After 2 Years into 5G World, Smartphone Users Still Hungry for Wider Coverage, Faster Speeds

After 2 Years into 5G World, Smartphone Users Still Hungry for Wider Coverage, Faster Speeds

SEOUL, April 3 (Korea Bizwire) — When 5G networks were first rolled out in South Korea in April 2019, telecom operators claimed that their ultrafast mobile speeds and low latency would usher in a new era for smartphone users and even power future technologies from autonomous vehicles to virtual reality (VR) content to cloud gaming. [...]