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LG Warns of Delay in Factory Construction in U.S. amid Washer Dispute

LG Warns of Delay in Factory Construction in U.S. amid Washer Dispute

SEOUL, Oct. 20 (Korea Bizwire) — LG Electronics Inc. said Friday Washington’s steps to impose trade barriers against South Korean washers could give adverse impact on U.S. consumers, saying such changes may also result in the delay of its on-going factory construction in Tennessee. The statement came as the U.S. International Trade Commission determined earlier [...]

S. Korean Washers Top U.S. Product Evaluation Reports amid Moves Toward Protectionism

S. Korean Washers Top U.S. Product Evaluation Reports amid Moves Toward Protectionism

SEOUL, Oct. 19 (Korea Bizwire) — South Korean washers topped product reviews by major U.S. consumer evaluators, industry watchers said Thursday, as Washington’s trade commission moves to take protectionist steps. Earlier this month, the U.S. International Trade Commission (ITC) determined that products made by Samsung Electronics Co. and LG Electronics Inc. are exerting an adverse [...]

LG Uplus Demonstrates Next Gen Network via Live-stream of Baseball Game

LG Uplus Demonstrates Next Gen Network via Live-stream of Baseball Game

SEOUL, Oct. 18 (Korea Bizwire) — South Korea’s No. 3 mobile carrier LG Uplus Inc. said Wednesday it has successfully provided a live-stream of a baseball game through its latest technology equivalent to the fifth-generation (5G) network. The mobile carrier said the high-resolution broadcast of the game was delivered through what it calls the 4.5-generation [...]

Samsung Engages in Aggressive Marketing against LG OLED TVs

Samsung Engages in Aggressive Marketing against LG OLED TVs

SEOUL, Oct. 16 (Korea Bizwire) — Samsung Electronics Co.’s latest aggressive marketing tactic against rival LG Electronics Co. in the high-end TV field appears to be part of its efforts to get ahead in the consumer electronics sector. Samsung Electronics has been at the forefront of liquid crystal display (LCD) TV technology that has helped [...]

Samsung, Apple, Xiaomi Release Flagship Models in India, Targeting Rising Consumer Base

Samsung, Apple, Xiaomi Release Flagship Models in India, Targeting Rising Consumer Base

SEOUL, Oct. 13 (Korea Bizwire) – The eyes of the smartphone industry are trained on India with Samsung, Apple and Xiaomi all releasing their latest flagship products within weeks of each other. Though the Indian smartphone market has been predominantly composed of mid to lower-tier smartphones in the past, recent economic development has led to [...]

Automatic Recommendation Functions for IT Content Becoming Ubiquitous

Automatic Recommendation Functions for IT Content Becoming Ubiquitous

SEOUL, Oct. 4 (Korea Bizwire) – Automatic recommendation systems, in which a machine analyzes a user’s interests and shows news articles, video-clips, music, and other items which suit his or her taste, are becoming ubiquitous. The function was unthinkable even a few years ago on domestic machines. As mobile services whose contents need to be selectively [...]

LG Electronics Says Nothing Decided over ZKW Takeover

LG Electronics Says Nothing Decided over ZKW Takeover

SEOUL, Sept. 28 (Korea Bizwire) — LG Electronics Inc. said Thursday the company is undecided over the rumored takeover of Austrian automotive lighting system firm ZKW Group, neither declining or confirming the rumor. “The company has been making various reviews in line with its preparation for future-growth businesses. There are no details on the rumor [...]

LG Electronics to Spend 600 bn Won for Facility Upgrade

LG Electronics to Spend 600 bn Won for Facility Upgrade

SEOUL, Sept. 27 (Korea Bizwire) — LG Electronics Inc. said Wednesday it plans to spend 600 billion won (US$527 million) on renovating its aged kitchen appliances production lines in South Korea. First built in 1976, the factory located in Changwon, about 300 kilometers southeast of Seoul, currently produces small products, while demand for larger appliances [...]

LG Electronics Starts Sales of V30 Smartphone This Week

LG Electronics Starts Sales of V30 Smartphone This Week

SEOUL, Sept. 20 (Korea Bizwire) — LG Electronics Co. said Wednesday that it will begin sales of its latest high-end smartphone, the V30, this week in South Korea, to compete with the Galaxy S8 series and the Galaxy Note 8 by Samsung Electronics Co., and other rival models. Customers who made preorders through the country’s [...]

Galaxy Note 8 to Land in China Later This Month

Galaxy Note 8 to Land in China Later This Month

SEOUL, Sept. 14 (Korea Bizwire) — Samsung Electronics Co., South Korea’s tech behemoth, said Thursday that its latest high-end smartphone, the Galaxy Note 8, will be launched in China later this month to tide over a slump in one of the world’s largest smartphone markets. The phablet will hit Chinese shelves on Sept. 29, according [...]