SEOUL, Jun. 20 (Korea Bizwire) — Samsung Electronics Co., which released its Galaxy S9 smartphone earlier this year, is carrying out various marketing programs around the globe to bolster weaker-than-expected sales of its flagship device, industry watchers said Wednesday. The South Korean tech giant joined forces with Ya Ge, a popular restaurant in Taiwan, showcasing [...]
SEOUL, Jun. 11 (Korea Bizwire) — South Korea’s exports of handsets fell to a 15-year low over the January-April period this year, data showed Monday, apparently on the growth of Chinese rivals in the global market. According to the data compiled by the Ministry of Science and ICT and Statistics Korea, the country shipped US$4.8 [...]
SEOUL, May 31 (Korea Bizwire) — LG Electronics Inc. is set to break away from its traditional sales strategy of launching smartphones at home first and then expanding the release to overseas markets, industry watchers said Thursday. The outlook came as the South Korean tech giant, which wants to customize sales plans for individual countries, [...]
Earlier May, LG Electronics announced it had made equity investment in Acryl, a local AI startup. (Image courtesy of LG Elecs) SEOUL, May 29 (Korea Bizwire) – LG Electronics Inc. said Tuesday it plans to invest 53.6 billion won (US$49.67 million) in acquiring stakes in Robostar Co., a local robot manufacturing firm, as part of [...]
SEOUL, May 29 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it has released a new induction cooktop that connects to the tech giant’s Internet of Things (IoT) hub, providing users with safer and more convenient cooking experiences. The South Korean tech giant said the new induction cooktop connects to SmartThings, which is Samsung’s home [...]
SEOUL, May 18 (Korea Bizwire) — Samsung Electronics Co.’s “upcycling” efforts to utilize outdated smartphones’ parts to create new products and save materials was acknowledged as one of the major environmental movements in the United States, industry sources said Friday. U.S. industry tracker Environmental Leader recognized the Samsung Electronics’ program as the “Judges’ Choice” for [...]
SEOUL, May 17 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will apply its artificial intelligence (AI) voice recognition system, Bixby, to a wider range of home appliances in line with its vision to establish an Internet-of-Things (IoT) ecosystem for households. Kim Hyun-suk, head of the company’s consumer electronics division, said it is important [...]
SEOUL, May 15 (Korea Bizwire) — Telecommunications platforms and portal websites are competing for the sizeable market catering to services for children. Experts say that businesses are implementing strategies that target parents willing to invest big bucks for their kids. In the process, businesses are also able to secure a new generation of customers. According [...]
SEOUL, May 9 (Korea Bizwire) — LG Electronics Inc., which recently showcased the LG G7 ThinQ smartphone, plans to release a new smartwatch next month, seeking to accelerate efforts to revitalize its struggling mobile communication business, industry watchers said Wednesday. The new smartwatch would become the successor of the LG Watch Style released in March [...]
SEOUL, May 8 (Korea Bizwire) — SK Telecom announced yesterday that usage of the new “My Q&A” function of “NUGU,” its AI platform, had increased 20 percent within a month of its release. The function, which was initiated in March, allows users to register their own questions and answers. The AI service gives out the [...]