SEOUL, Aug. 7 (Korea Bizwire) — South Korea’s tech giant Samsung Electronics Co. said Thursday it has slashed the prices of its two latest flagship smartphones in key markets, a move seen to be aimed at retaining its falling share around the globe in the face of Apple Inc. and fast-growing Chinese rivals. The price [...]
BUSAN, Aug. 6 (Korea Bizwire) – A device that can help to track down people that are lost at sea has been developed. The Korea Hydrographic and Oceanographic Administration announced that they have developed a wearable device that can be used to locate people at beaches and in mud if any kind of accident were [...]
SEOUL, Aug. 3 (Korea Bizwire) — South Korea’s tech giant Samsung Electronics Co. said Monday it has begun receiving pre-orders for its latest tablet PCs at home which will boast a slimmer and lighter size compared to their predecessors. The Galaxy Tab S2, which will come in two screen sizes, 9.7 inches and 8 inches, [...]
DAEJEON, July 30 (Korea Bizwire)– An app that stops people from using their smartphones too much has been developed. Professor Lee Ui-jin and his team announced that they developed an app named ‘Lock n’LoL’ that will cut down the number of times one looks at their smartphone. The research team pointed out that alarm messages [...]
SEOUL, July 30 (Korea Bizwire) — Samsung Electronics reported a near 8 percent drop in second-quarter net profit Thursday as its smartphone business continued to suffer in the face of stiff competition from Chinese rivals. Net income came to 5.75 trillion won (US$4.95 billion) in the April-June period, 7.97 percent down from 6.25 trillion won a [...]
SEOUL, July 29 (Korea Bizwire) --A new era in which people rent cell phones could start as early as this fall. In order to offer users as many choices as possible, SK Telecom announced that they are looking into starting a cell phone rental service. Since new products are expected to be launched starting next month, [...]
SEOUL, July 29 (Korea Bizwire) – LG Electronics Inc., South Korea’s No. 2 tech giant, said Wednesday its second-quarter net profit tumbled 45 percent on-year due to lackluster sales of its flagship G4 smartphone and unfavorable currency rates. Net profit came to 226.4 billion won (US$195.7 million) in the April-June period, compared with 411.8 billion [...]
SEOUL, July 29 (Korea Bizwire) – Samsung Electronics, the world’s largest TV maker, sold more than 1,500 units of its premium SUHD TV per week in July, tripling its sales over the previous month. Samsung officials said that the SUHD TV sales increase came after it launched a series of relatively low-cost models called JS7200 earlier [...]
SEOUL, July 29 (Korea Bizwire) – South Korea’s mobile phone makers are breaking away from their premium-oriented smartphone lineups to churn out cheaper phones as consumers are more price-conscious due to tougher subsidy rules, industry watchers said Wednesday. Samsung Electronics recently rolled out its latest mid-end phone, the Galaxy A8, at an about 20 percent [...]
SEOUL, Jul. 28 (Korea Bizwire) — South Korea’s top tech giant, Samsung Electronics Co., topped the Indian smartphone market in the second quarter of 2015, data showed Tuesday, on robust sales of its first Tizen-powered handset released earlier this year. Samsung accounted for 24.5 percent of the Indian smartphone market in the April-June period, hovering [...]