SEOUL, Sept. 28 (Korea Bizwire) — LG Electronics Inc. said Thursday the company is undecided over the rumored takeover of Austrian automotive lighting system firm ZKW Group, neither declining or confirming the rumor. “The company has been making various reviews in line with its preparation for future-growth businesses. There are no details on the rumor [...]
SEOUL, Sept. 27 (Korea Bizwire) — LG Electronics Inc. said Wednesday it plans to spend 600 billion won (US$527 million) on renovating its aged kitchen appliances production lines in South Korea. First built in 1976, the factory located in Changwon, about 300 kilometers southeast of Seoul, currently produces small products, while demand for larger appliances [...]
Visitors to Dongdaemun Design Plaza from September 21 through 27 will get to take a look at toilets of the future. (Image: UNIST) ULSAN, Sept. 21 (Korea Bizwire) – Visitors to Dongdaemun Design Plaza from September 21 through 27 will get to take a look at toilets of the future. Named Walden 1.0 and [...]
SEOUL, Sept. 20 (Korea Bizwire) — LG Electronics Co. said Wednesday that it will begin sales of its latest high-end smartphone, the V30, this week in South Korea, to compete with the Galaxy S8 series and the Galaxy Note 8 by Samsung Electronics Co., and other rival models. Customers who made preorders through the country’s [...]
SEOUL, Sept. 19 (Korea Bizwire) – There are no losers, only winners, in the first round of the AI speaker confrontation between Kakao and Naver, as pre-sales of each tech company’s flagship product were effectively over minutes after they began. Pre-sales of the Kakao Mini started on September 18 and lasted only 38 minutes. The [...]
SEOUL, Sept. 18 (Korea Bizwire) – South Korea’s top mobile messenger operator Kakao Corp. said Monday its artificial intelligence (AI) speaker was sold out on the first day of the preorder. Kakao, which also operates the country’s No. 2 portal, said it sold all of the 3,000 units of the Kakao Mini allocated for preorders [...]
SEOUL, Sept. 14 (Korea Bizwire) — Samsung Electronics Co., South Korea’s tech behemoth, said Thursday that its latest high-end smartphone, the Galaxy Note 8, will be launched in China later this month to tide over a slump in one of the world’s largest smartphone markets. The phablet will hit Chinese shelves on Sept. 29, according [...]
SEOUL, Sept. 11 (Korea Bizwire) — LG Electronics Inc.’s high-end organic light-emitting diode (OLED) TV products have won positive responses from American and European consumer magazines, industry sources said Monday. The LG OLEDB7V model, a 65-inch OLED UHD TV, made by the South Korean home appliance giant has topped evaluations conducted by leading consumer magazines [...]
SEOUL, Sept. 8 (Korea Bizwire) — The consumer price of U.S. tech giant Apple Inc.’s new iPhone to be unveiled this month will depend on how much is paid to South Korean parts manufacturers, industry watchers said Friday. The outlook came as many high-end features to be applied in the upcoming iPhone, including OLED panels, [...]
SEOUL, Sept. 7 (Korea Bizwire) — South Korean home appliance giants Samsung Electronics Co. and LG Electronics Inc. will work together to deal with a U.S. safeguard probe of their washing machines, sources said Thursday. In June, the U.S. government started a safeguard investigation into foreign washers, mostly made by South Korean companies, at the [...]