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LG Electronics’ Appliance Subscription Business Surges, Nearing 1 Trillion Won in Sales

LG Electronics’ Appliance Subscription Business Surges, Nearing 1 Trillion Won in Sales

SEOUL, May 17 (Korea Bizwire) – LG Electronics is experiencing robust growth in its appliance subscription service, with projections indicating the company will reach the 1 trillion won sales mark for the first time this year in this burgeoning sector. In its first-quarter report released on May 16, LG Electronics announced that its appliance subscription business [...]

Samsung Electronics Envisions AI-Connected Smart Home Future

Samsung Electronics Envisions AI-Connected Smart Home Future

SEOUL, May 15 (Korea Bizwire) – Samsung Electronics Co. said Wednesday it will lead the South Korean home appliances market with an advanced artificial intelligence (AI) solution designed to connect all smart devices, simplifying domestic chores and reducing the time and effort required. “We have earned customer trust that Samsung Electronics is leading AI innovation [...]

Samsung Unveils 114-Inch Micro LED TV, Bolstering Ultra-Premium Market Push

Samsung Unveils 114-Inch Micro LED TV, Bolstering Ultra-Premium Market Push

SEOUL, May 8 (Korea Bizwire) – Samsung Electronics has introduced Korea’s largest Micro LED display, a 114-inch colossus that doubles down on its pursuit of the ultra-premium TV segment by expanding its Micro LED lineup to meet consumer demand for supersized screens. The 114-inch model joins Samsung’s existing 89-inch and 101-inch Micro LED offerings, providing consumers [...]

LG Electronics Upgrades Its Popular ‘LG StanbyME’ Portable Lifestyle Screen

LG Electronics Upgrades Its Popular ‘LG StanbyME’ Portable Lifestyle Screen

SEOUL, May 3 (Korea Bizwire) – LG Electronics’ wireless, movable LG StanbyME lifestyle screen, a product that has remained in short supply due to high demand, is getting even more convenient.  On May 2, LG Electronics began preselling an upgraded version of the LG StanbyME on its domestic website, offering improved convenience and functionality. The upgraded [...]

Samsung’s Mobile Business Shines Despite Smartphone Market Slump

Samsung’s Mobile Business Shines Despite Smartphone Market Slump

SEOUL, May 1 (Korea Bizwire) – Despite the global smartphone market’s contraction, Samsung Electronics’ mobile experience (MX) division reported robust first-quarter earnings, buoyed by the strong sales performance of its latest artificial intelligence (AI)-powered flagship, the Galaxy S24 series.  According to Samsung’s earnings release on April 30, the company’s MX and Networks divisions posted consolidated revenue [...]

LG Electronics Teams Up with National Rehabilitation Center to Improve Appliance Accessibility

LG Electronics Teams Up with National Rehabilitation Center to Improve Appliance Accessibility

SEOUL, April 24 (Korea Bizwire) – LG Electronics announced on April 24 that it has forged a partnership with the National Rehabilitation Center to improve the accessibility of its home appliances, ensuring that people of all ages and abilities can use the products with ease. Through a memorandum of understanding signed on the same day, LG [...]

LG Electronics Takes Endangered Species Awareness Campaign to Times Square

LG Electronics Takes Endangered Species Awareness Campaign to Times Square

SEOUL, Apr. 19 (Korea Bizwire) – In an effort to raise awareness about animals facing extinction from rapid climate change, LG Electronics unveiled a video series as part of its Vulnerable and Endangered Species Awareness Campaign on the renowned billboard screens of New York’s Times Square on April 16. The campaign launch in Times Square, featuring [...]

Samsung’s Design Reinvention Driven by Pursuit of Innovation and Harmony

Samsung’s Design Reinvention Driven by Pursuit of Innovation and Harmony

MILAN, Apr. 16 (Korea Bizwire) – The crucial moment when a product captivates a consumer’s heart lasts an average of 0.6 seconds, and if a company fails to seize that fleeting opportunity, it cannot emerge victorious. This realization prompted Lee Kun-hee, the former chairman of Samsung, to gather his top executives in Milan, the global capital [...]

World IT Show 2024 Kicks Off in Seoul

World IT Show 2024 Kicks Off in Seoul

SEOUL, Apr. 17 (Korea Bizwire) — World IT Show 2024, the largest information and communications technology exhibition in South Korea, kicked off Wednesday in Seoul to showcase cutting-edge technologies of local and global companies, its organizer said. The three-day event is themed on “Innovation in everyday life, created by artificial intelligence (AI),” with 446 companies [...]