SEOUL, Dec. 23 (Korea Bizwire) — Samsung Electronics Co. is expected to remain the world’s leading TV vendor for the 15th straight year in 2020 on brisk demand caused by the coronavirus pandemic, a report said Wednesday. The South Korean tech behemoth is forecast to sell 49.02 million TVs this year after shipping 33.92 million [...]
SEOUL, Dec. 18 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, on Friday unveiled a new energy-efficient water heater to target consumers in Europe and North America. The South Korean tech giant said it will launch its dual inverter heat pump water heater in European and North American markets [...]
SEOUL, Dec. 10 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled a new Micro LED TV as the South Korean tech giant targets high-end consumers seeking a better home entertainment experience. Samsung’s 110-inch Micro LED TV will be priced at 170 million won (US$156,400) here. Preorders for the latest luxury TV will begin later [...]
SEOUL, Dec. 7 (Korea Bizwire) — Samsung Electronics Co. said Monday it will introduce a new Micro LED TV later this week as the South Korean tech giant tries to further boost its presence in the premium TV market. Samsung said it will unveil its new Micro LED TV product at a webinar Thursday. The [...]
SEOUL, Dec. 4 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, said Thursday it will promote its premium home electronics brand LG Signature in collaboration with a group of foreign museums, ballets and opera theaters. Under terms of the agreement the company signed in October with the Pushkin State [...]
SEOUL, Nov. 26 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, on Thursday said it will set up a new business unit in the United States to seek future growth opportunities. LG’s North American Innovation Center will be based in Silicon Valley, California, with the task of exploring new [...]
SEOUL, Nov. 24 (Korea Bizwire) – Samsung Electronics Co. remained the world’s leading TV vendor in the third quarter of the year, a report showed Tuesday, as it accounted for one-third of the market amid the pandemic. The South Korea tech giant had a all-time high of 33.1 percent market share in the global TV [...]
SEOUL, Nov. 21 (Korea Bizwire) — South Korea’s two largest appliance makers — Samsung Electronics Co. and LG Electronics Inc. — have begun their duel in the commercial air conditioner market, industry observers said Saturday, as they released new products with upgraded design and features. Samsung was the first one to make a move, launching [...]
SEOUL, Nov. 17 (Korea Bizwire) — As the country enters the age of the so-called ‘New Normal,’ the keyword that represents current trends in the home appliances market is ‘customization’. New series of home appliances come with design choices such as color, patterns, and material, that can be tailored to match the tastes of various [...]
SEOUL, Nov. 16 (Korea Bizwire) — Samsung Electronics Co. on Monday launched a new monitor highlighting enhanced usability and connectivity amid the pandemic-driven stay-at-home trend. Samsung said its Smart Monitor is a “do-it-all screen” that meets consumers’ needs in remote working, learning and at-home entertainment with better mobile and PC connectivity. The flat-screen monitor comes [...]