SEOUL, July 27 (Korea Bizwire) – Domestic stationary companies are seeking ways to survive in a competitive marketplace that is shrinking with the increasing prevalence of ‘smart devices’ and the surge in competition from foreign stationary brands. According to industry watchers, Morning Glory, one of the major domestic stationary brands, launched a device named ‘Take [...]
Seoul, July 22 (Korea Bizwire) – Xiaomi (小米), a Chinese electronics company, is growing into a giant in the Korean market despite its humble name, which means ‘millet‘. With positive evaluations that their products perform well despite cheap prices, Xiaomi is dominating the online market as well as offline retailers such as HiMart. In addition, due [...]
SEOUL, July 21 (Korea Bizwire) – The Suwon Regional Prosecutors’ Office announced that it had detained two industrial spies, who tried to send parts from a Samsung Electronics’ refrigerator to Chinese manufacturers. In addition, it indicted a former Samsung worker who delivered classified material related to investments in its refrigerator manufacturing facilities. The prosecutors’ office [...]
Seoul, July 17 (Korea Bizwire) – A fire extinguisher that puts out fires in their initial stages using sound waves has been invented by a national research team. Soongsil University announced Professor Bae Myung-jin of the Sound Engineering Lab and his team invented the Sound Wind fire extinguisher and developed initial products. The Sound Wind fire [...]
SEOUL, July 15 (Korea Bizwire) – South Korea’s top tech giant Samsung Electronics Co. plans to showcase its next phablet flagship, presumably the Galaxy Note 5, in earlier-than-expected August, industry sources said Wednesday, in an apparent bid to get a head start over Apple Inc. Under the plan, Samsung will hold its launch ceremony around [...]
SEOUL, July 14 (Yonhap) — South Korea’s tech giant Samsung Electronics has won a patent for analyzing body fat through smartphones, an intellectual property organization said Tuesday, which may mark another leap forward in enhancing health care-related features on smart devices. Under the title “Method and apparatus for measuring body fat using a mobile device,” the [...]
SEOUL, July 13 (Korea Bizwire) — Samsung Electronics is poised to stage another battle with archrival Apple to grab a bigger share of the global smartphone market by releasing devices with wider screens at an international trade show in September, market watchers said Monday. While Samsung has yet to announce the detailed schedule of its next phablet lineup, [...]
SEOUL, July 9 (Korea Bizwire) – LG Electronics Inc. announced today it will roll out the low-cost edition of its high-end LG G4 smartphone around the globe this week, as the flagship model continues to suffer weak sales which bode ill for its earnings down the road. The LG G4 Beat, which will come with a 5.2-inch [...]
HADONG, Jul. 7 (Korea Bizwire) — A safety drone that can detect human thermal energy to locate individuals in danger flew over Cheonghak-dong, one of Korea’s traditional villages, on July 6. The 20 million won (US$ 17,730) drone was donated by telecommunications carrier KT to this village full of traditional scholars and institutions, as part [...]
SEOUL, July 7 (Korea Bizwire) — Samsung Electronics estimated Tuesday that its second-quarter operating income fell about 4 percent from a year earlier as weak sales of its newest smartphones fell shy of expectations. Operating profit reached 6.9 trillion won (US$6.13 billion) in the April-June period, down 4.03 percent from the 7.19 trillion won posted a [...]