SEOUL, June 24 (Korea Bizwire) — Clothing care appliances rank at the top on the list of household appliances Korean consumers most desire, a survey showed Tuesday. Market analysis firm Open Survey revealed the results of an online survey it conducted with the participation of 1,000 Korean consumers aged from 20 to 59 between June [...]
SEOUL, June 20 (Korea Bizwire) — If used face masks could be disinfected, and then possibly reused, that would be a good thing for people suffering shortages of masks. South Korea’s two largest electronics firms — Samsung Electronics Co. and LG Electronics Inc. — are saying that their clothes refreshers can disinfect face masks using [...]
SEOUL, June 16 (Korea Bizwire) — South Korea’s presence in the global TV market is expected to drop in the second quarter of the year as the virus pandemic significantly damaged its key markets, the United States and Europe, a report showed Tuesday, while Chinese makers were projected to make a relatively quick recovery. According [...]
SEOUL, June 16 (Korea Bizwire) — After enjoying rapid growth last year, demand for window-style air conditioners continues to soar. The size of the market, which had been led by Paseco Co., expanded further after major air-conditioning brands such as Carrier and Shinil Electronics Co. jumped into the market. Brand-new products released this year complemented [...]
SEOUL, June 5 (Korea Bizwire) — South Korea’s two largest electronics firms, Samsung Electronics Co. and LG Electronics Inc., have agreed to drop complaints against each other over a TV advertisement, the country’s corporate watchdog confirmed Friday. The Fair Trade Commission said it decided not to further process the complaint cases after the two companies [...]
SEOUL, May 22 (Korea Bizwire) — The global OLED TV market, led by South Korea’s LG Electronics Inc., is expected to post relatively small growth this year, compared with the QLED TV sector, following a disruption in panel supply caused by the novel coronavirus pandemic, a market report showed Friday. The global OLED TV shipment [...]
SEOUL, May 20 (Korea Bizwire) — LG Electronics Inc. said Wednesday it will relocate two of its TV production lines in South Korea to Indonesia in a move to boost its global production efficiency amid the novel coronavirus pandemic. LG said two of the six production lines at its TV plant in Gumi, some 260 [...]
SEOUL, May 19 (Korea Bizwire) — Samsung Electronics Co.’s share of the global TV market hit an all-time high in the first quarter amid an overall market fall due to the coronavirus pandemic, a market tracker said Tuesday. The South Korean tech kingpin accounted for 32.4 percent of the world TV market in terms of [...]
SEOUL, May 14 (Korea Bizwire) — South Korea’s home appliance makers are entering a heated battle over refrigerators with water dispensers after they recently released products highlighting advanced sterilization systems and smart control solutions. LG Electronics Inc., Samsung Electronics Co. and Winia Dimchae Co. are all vying for the top position in the segment. LG [...]
SEOUL, May 4 (Korea Bizwire) — The home appliance industry is engaged in fierce marketing competition, targeting customers staying at home amid the outbreak the novel coronavirus. The recent marketing blitz is part of efforts to make up for the decline in demand in the home appliance market by targeting consumers who want to enjoy [...]