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LG Launches V50S ThinQ in S. Korea

LG Launches V50S ThinQ in S. Korea

SEOUL, Oct. 11 (Korea Bizwire) — LG Electronics Co. on Friday began selling its flagship smartphone in South Korea to help revive its fortunes following a yearslong slump. LG Electronics said it will provide an accompanying second-screen accessory for free to buyers of the V50S ThinQ, which comes only in “aurora black.” The second-screen accessory [...]

Samsung Electronics’ Q3 Earnings More than Halve, Beat Market Consensus

Samsung Electronics’ Q3 Earnings More than Halve, Beat Market Consensus

SEOUL, Oct. 8 (Korea Bizwire) — Samsung Electronics Co. said Tuesday its operating earnings plunged 56 percent in the third quarter from a year earlier, mainly hit by continuing falls in global chip prices, but its performance was better than the market had expected. The operating profit was estimated at 7.7 trillion won (US$6.4 billion) [...]

2nd Batch of Galaxy Fold Sells Out in S. Korea

2nd Batch of Galaxy Fold Sells Out in S. Korea

SEOUL, Sept. 18 (Korea Bizwire) — The second batch of Samsung Electronics Co.’s Galaxy Fold sold out soon after pre-orders opened in South Korea Wednesday, industry officials said. After the first batch of the foldable smartphones, estimated at around 3,000 units, sold out upon its launch on Sept. 6, Samsung and the nation’s three mobile [...]

While Samsung Innovates Smartphones, Apple Upgrades

While Samsung Innovates Smartphones, Apple Upgrades

BERLIN/SEOUL, Sept. 11 (Korea Bizwire) — Now that both Samsung Electronics and Apple have revealed their latest smartphone lineups for this year, here’s a simple question to ask. What are the two things Samsung has that Apple doesn’t in this year’s smartphone lineup? 5G and foldable. Amid flattening smartphone sales, Samsung has changed its strategy [...]

5G, Foldable Smartphones Steal IFA 2019

5G, Foldable Smartphones Steal IFA 2019

BERLIN, Sept. 11 (Korea Bizwire) — While IFA is Europe’s largest consumer electronics show, this year’s event had an interesting twist with unusual scene stealers form the mobile industry to give much-needed hype for the foldable phones and 5G. IFA closed Wednesday after a six-day run, hosting over 1,900 exhibitors that showcased the latest televisions, [...]

Samsung, SK Telecom to Collaborate on 5G-based 8K TVs

Samsung, SK Telecom to Collaborate on 5G-based 8K TVs

BERLIN, Sept. 8 (Korea Bizwire) — Samsung Electronics Co. and SK Telecom Co. have agreed to develop 8K televisions based on 5G networks to diversify content available on the top-end resolution TVs, they said Sunday. 8K TVs offer four times the number of pixels as 4K screens, and 5G is the ultra-fast wireless network that [...]

LG Eyes Fast-Growing Built-in Home Appliance Market

LG Eyes Fast-Growing Built-in Home Appliance Market

BERLIN, Sept. 8 (Korea Bizwire) — LG Electronics Inc. is ramping up investment to expand businesses in the built-in home appliance market to capitalize on the fast growing segment, its president said on Sunday. Song Dae-hyun, the head of LG’s home appliance and air solution division, said the company aims to become a “top-tier” player [...]