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31 pct of Workers Have Invested in Virtual Currencies: Survey

SEOUL, Dec. 27 (Korea Bizwire) — More than three out of every 10 South Korean workers have invested in cryptocurrencies to make a quick buck, a recent survey showed Wednesday. Of the 941 salaried people questioned, 31.3 percent have invested in virtual currencies, according to the survey conducted by online job portal Saramin. The average [...]

LG OLED TV Panels Tapped as Best Product by U.S., Japanese Experts

LG OLED TV Panels Tapped as Best Product by U.S., Japanese Experts

SEOUL, Dec. 26 (Korea Bizwire) — Experts in the United States and Japan have picked LG Display’s organic light emitting diode (OLED) TV panel as the best product, industry sources said Monday, citing global market reports. In a recent report released by U.S. specialist display website DisplayMate, LG OLED TV was selected as a product [...]

LG Distributes AI Development Tool to All Divisions to Speed Up Growth

LG Distributes AI Development Tool to All Divisions to Speed Up Growth

SEOUL, Dec. 26 (Korea Bizwire) — LG Electronics Inc. said Tuesday it has distributed its artificial intelligence (AI) development tool to all business divisions in line with its efforts to speed up the release of new products equipped with the latest technology. The South Korean tech giant said the development platform, dubbed DeepThinQ 1.0, will [...]

Sales of Premium Smartphones Hit Record High in Nov.

Sales of Premium Smartphones Hit Record High in Nov.

SEOUL, Dec. 21 (Korea Bizwire) — The combined sales of high-end smartphones in South Korea hit record-high levels in November, industry data showed Thursday, following the popularity of the Galaxy Note 8 and new iPhones. According to the data, South Korea’s three mobile carriers sold 1.4 million units of smartphones priced 700,000 won (US$648) and [...]

LG Electronics Launches ThinQ AI Brand

LG Electronics Launches ThinQ AI Brand

SEOUL, Dec. 20 (Korea Bizwire) — LG Electronics Inc. on Wednesday introduced its new artificial-intelligence brand named ThinQ, which will be used in its upcoming home appliances. The South Korean tech giant said ThinQ products will have various AI technologies, including LG’s DeepThinQ system, and provide optimized services to consumers through deep-learning technology. The brand [...]

Samsung Set to Lose Ground in Smartphone Market in 2018: Strategy Analytics

Samsung Set to Lose Ground in Smartphone Market in 2018: Strategy Analytics

SEOUL, Dec. 14 (Korea Bizwire) — Samsung Electronics Co. is forecast to lose ground next year in the smartphone segment, an industry tracker said Thursday, apparently due to the rise of Chinese manufacturers. Strategy Analytics said Samsung Electronics is expected to post a market share of 19.2 percent in the global smartphone industry in 2018 [...]