HONGSEONG, Aug. 7 (Korea Bizwire) – A recent report from the Chungnam Fire Department in South Korea reveals a concerning trend: fires involving personal mobility devices, particularly electric scooters, are spiking during the summer months. According to data released on August 6, out of 25 fires involving personal mobility devices recorded since 2019, nine incidents (36%) [...]
SEOUL, Aug. 6 (Korea Bizwire) – LG Electronics has introduced a groundbreaking addition to South Korea’s home appliance market: the country’s first water purifier with built-in ice preservation technology. The company announced the launch of its LG PuriCare ObjetCollection Ice Water Purifier on August 5, marking a significant innovation in the competitive water purifier industry. The [...]
SEOUL, Aug. 5 (Korea Bizwire) – The robot vacuum cleaner market in South Korea is witnessing intensified competition as Samsung Electronics and LG Electronics aggressively enter a field long dominated by China’s Roborock. The battleground is centered around all-in-one robot vacuum cleaners that combine dust suction, mopping, and self-cleaning functions. According to industry sources, Roborock, the [...]
SEOUL, Aug. 2 (Korea Bizwire) – In a promising turn for South Korea’s tech industry, the automotive electronics sector is emerging as a steady performer, even as the broader consumer electronics and semiconductor markets show signs of recovery. Samsung Electronics and LG Electronics, two of the country’s largest conglomerates, have seen their automotive divisions transform from hidden [...]
SEOUL, Jul. 29 (Korea Bizwire) – A recent study by a civic group has raised concerns about the electromagnetic fields (EMF) emitted by portable electronic devices, particularly neck fans that are popular during summer months. The Center for Environmental Health, a citizens’ advocacy group, reported on July 28 that its measurements of four types of neck [...]
SEOUL, Jul. 24 (Korea Bizwire) – LG Electronics announced on July 23 that it has received over 16,000 ideas from customers in South Korea and the United States for its innovative “UP Appliances” program, highlighting a growing trend in consumer-driven product development. Launched in 2022, LG’s UP Appliances are designed to evolve with customers’ needs, allowing [...]
SEOUL, Jul. 19 (Korea Bizwire) – LG Electronics is ramping up its smart factory solutions business, leveraging 66 years of manufacturing and production data combined with artificial intelligence (AI) and digital transformation (DX) technologies. The company aims to aggressively enter industrial sectors with anticipated growth in factory demand, with the goal of achieving revenue of 1 [...]
SEOUL, Jul. 17 (Korea Bizwire) – LG Electronics has once again demonstrated its dominance in the audio-visual technology sector, securing 16 awards at the highly respected Visual Grand Prix (VGP) 2024 Summer Awards in Japan. The company announced its impressive haul on July 16, highlighting the recognition received by its TV and monitor products. The VGP [...]
SEOUL, Jul. 12 (Korea Bizwire) – Samsung Electronics unveiled its first smart ring, the Galaxy Ring, at a launch event in Paris, generating significant consumer interest, particularly regarding the potential inclusion of non-invasive blood glucose monitoring. Similar expectations surrounded the Galaxy Watch 7. However, neither device includes this highly anticipated feature. Non-invasive monitoring refers to methods [...]
SEOUL, Jul. 12 (Korea Bizwire) – LG Electronics announced on July 11 that its subscription-based business model for premium home appliances is experiencing rapid growth, with more than 3 out of 10 customers opting for subscriptions over traditional purchases in June. The tech giant reported that 36.2% of sales for 20 subscription-eligible products at LG Best [...]