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Samsung Unveils Galaxy Note 9 with Stronger Battery, Enhanced Stylus

Samsung Unveils Galaxy Note 9 with Stronger Battery, Enhanced Stylus

SEOUL, Aug. 10 (Korea Bizwire) — Samsung Electronics Co. unveiled Friday the Galaxy Note 9 phablet, which is equipped with a new stylus and the best battery and storage among all of its premium devices. The new product could help breathe new life into the company’s IT and mobile division. The company held a showcase [...]

Household Appliances Soar in Popularity with the Heat Wave

Household Appliances Soar in Popularity with the Heat Wave

SEOUL, Aug. 9 (Korea Bizwire) — As a sweltering summer heat wave continues to sweep the nation, household appliances that help ease the burden of household chores have become extremely popular. According to Lotte Hi-Mart, a large retailer of electronic goods, sales of robot vacuum cleaners soared by 30 percent within the two-week period between [...]

Samsung Seeks to Revitalize Weak Smartphone Sales with Note 9

Samsung Seeks to Revitalize Weak Smartphone Sales with Note 9

SEOUL, Aug. 8 (Korea Bizwire) — Samsung Electronics Co. is betting on the Galaxy Note 9 to revitalize its sluggish smartphones sales, although it is still uncertain that the upcoming phablet will appeal to customers in the wake of weak demand for the Galaxy S9, industry watchers said Wednesday. The South Korean tech giant’s IT [...]

LG Beats Samsung in Home Appliance Profit Margin for First Half

LG Beats Samsung in Home Appliance Profit Margin for First Half

SEOUL, Aug. 3 (Korea Bizwire) — LG Electronics Inc. profited more for every home appliance sold in the first half of 2018 compared with its bigger rival Samsung Electronics Co., industry data showed Friday. Samsung Electronics posted sales of 20.1 trillion won (US$17.8 billion) over the January-June period for the home appliances segment, above LG [...]

Samsung to Fund 50bln Won to Support Small Biz Smart Factories

Samsung to Fund 50bln Won to Support Small Biz Smart Factories

SEOUL, Jul. 31 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will donate 50 billion won (US$44.7 million) to an industrial foundation to help small firms set up smart-factory infrastructure in their production centers. The South Korean tech giant said through a regulatory filing that its board has decided to provide 10 billion won [...]

Samsung Unveils Teaser for Galaxy Note 9 Centering on Battery, Storage, Speed

Samsung Unveils Teaser for Galaxy Note 9 Centering on Battery, Storage, Speed

SEOUL, Jul. 27 (Korea Bizwire) — Samsung Electronics Co. on Friday showcased teaser videos for the upcoming Galaxy Note 9 smartphone, highlighting improved performances in terms of battery, storage capacity, and speed. Under the title “A lot can change in a day,” Samsung advertised the showcase event slated for Aug. 9 through three different video [...]

Samsung, LG Anticipated to Unveil New Smartwatches Soon

Samsung, LG Anticipated to Unveil New Smartwatches Soon

SEOUL, Jul. 12 (Korea Bizwire) — South Korean tech giants are expected to showcase new smartwatches within a few months, industry watchers said Thursday, as they seek to catch up with market leader Apple Inc. According to the sources, Samsung Electronics is expected to showcase the successor of the Gear S3 smartwatch around the upcoming [...]

Apple Smartphones Have Highest Resale Value

Apple Smartphones Have Highest Resale Value

SEOUL, Jul. 3 (Korea Bizwire) — The resale value of secondhand smartphones a year after their initial purchase was highest for Apple products, followed by phones made by Samsung Electronics and LG Electronics, respectively. This is according to results released yesterday by Good Mobile, which reviewed 4 million data records regarding 19 types of smartphones [...]

Small Appliances Popular on Rising Number of 1-person Households

Small Appliances Popular on Rising Number of 1-person Households

SEOUL, Jul. 3 (Korea Bizwire) — Small consumer electronics products are gaining popularity in South Korea due mainly to an increase in the number of single-person households, online shopping malls said Tuesday. Gmarket, a major online shopping mall, said the company chalked up sharp sales increases in most relatively high-priced small home appliances in the [...]

Samsung, Apple Reach Settlement over Design Dispute

Samsung, Apple Reach Settlement over Design Dispute

SEOUL, Jun. 28 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has reached an agreement with Apple Inc. to settle the latest legal dispute surrounding alleged smartphone design infringement “We cannot provide any details other than that we reached an agreement with Apple,” a source from Samsung Electronics said. Samsung refrained from disclosing other [...]