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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
MILAN, Apr. 15 (Korea Bizwire) — Samsung Electronics will participate in the EuroCucina 2024 trade show, part of Milan Design Week, which is taking place from April 16 to 21. The company plans to unveil its design philosophy and cutting-edge home appliances. Milan Design Week is a global design and furniture fair, attracting more than 2,300 [...]
MILAN, Apr. 15 (Korea Bizwire) — LG Electronics has embarked on a ‘two-track’ strategy, unveiling both ultra-premium and volume-tier products, as it aims to strengthen its position in the European built-in kitchen appliance market. The company announced on April 15 that it will participate in the Milan Design Week 2024, the world’s largest design exhibition, taking [...]
SEOUL, Apr. 12 (Korea Bizwire) — Samsung Electronics’ innovative all-in-one washer-dryer, introduced in South Korea in February, has achieved a successful market entry, defying expectations that the novel form factor might face an uphill battle for consumer adoption. The “Bespoke AI Combo,” which combines washing and drying functions into a single appliance, immediately captured consumer interest [...]
SEOUL, Apr. 12 (Korea Bizwire) — Miele Korea, the South Korean subsidiary of the German premium home appliance brand, is struggling to maintain its footing, with operating profits plunging a staggering 83% last year compared to 2021. In a bid to douse the flames, the company has recruited Choi Moonsup, the former head of Mulberry Korea, [...]