SEOUL, Oct. 9 (Korea Bizwire) — More than a decade after introducing the world’s first mass-produced OLED TV, LG Electronics continues to lead the global market thanks to what analysts call a “compounding advantage” born from years of steady innovation and refinement. According to a recent analysis by the U.S. technology outlet PCMag, LG’s long-term investment [...]
SEOUL, Oct. 8 (Korea Bizwire) — Global sales of refurbished smartphones have entered a plateau, with growth stagnating in advanced economies but Apple gaining strong momentum in emerging markets, according to a new industry report. Market tracker Counterpoint Research said Wednesday that worldwide sales of refurbished, or “refurb” phones—devices repaired and resold after return or [...]
SEOUL, Oct. 8 (Korea Bizwire) — South Korea’s leading electronic component makers, Samsung Electro-Mechanics and LG Innotek, are expected to post stronger-than-expected earnings in the third quarter, buoyed by robust demand for Apple’s new iPhone 17 and a strategic shift toward higher-margin products. According to market tracker Yonhap Infomax, the consensus estimate for LG Innotek’s [...]
SEOUL, Oct. 8 (Korea Bizwire) — Samsung Electronics’ latest foldable smartphones, the Galaxy Z Fold7 and Flip7, have received the highest ratings from leading consumer publications in the United States and Europe, reinforcing the company’s dominance in the premium foldable market. According to industry sources on Wednesday, consumer advocacy magazines in five countries — including [...]
SEOUL, Oct. 7 (Korea Bizwire) — As South Korea’s population rapidly ages, LG Electronics is ramping up its efforts to capture the growing senior consumer market through customized products and accessible services, from simplified televisions to tailored AI home training programs. The company announced Wednesday that it will host AI Home usage workshops for seniors [...]
LONDON, Sept. 12 (Korea Bizwire) — In a kitchen that looked equal parts studio and showroom, the scent of olive oil and roasted eggplant drifted through Jamie Oliver’s culinary space in London. But it wasn’t just the classic Italian dish melanzane alla parmigiana taking center stage. The spotlight was quietly shared by Samsung Electronics, which [...]
BERLIN, Sept. 8 (Korea Bizwire) — At Europe’s largest electronics fair, IFA 2025, Samsung Electronics unveiled a full-scale modular home outfitted with artificial intelligence technologies, underscoring its ambitions to shape the future of residential living. Erected beside Samsung’s exhibition hall at CityCube Berlin, the 218-square-meter, two-bedroom house was built in partnership with Samsung C&T and [...]
SEOUL, Sept. 5 (Korea Bizwire) –Demand for organic light-emitting diode (OLED) panels among major television and monitor makers is expected to see a boost throughout the remainder of 2025, industry data showed Friday, a trend likely to benefit LG Display Co., a leading OLED supplier. According to global market research firm Omdia, LG Electronics Co. [...]
SEOUL, Sept. 4 (Korea Bizwire) — LG Electronics Inc. has recently won a major deal in the United States to supply cooling solutions to artificial intelligence (AI) data centers, the company’s head said Thursday. Cho Joo-wan, chief executive officer (CEO) of LG Electronics, made the remark in a social media post, marking the first time [...]
SEOUL, Sept. 4 (Korea Bizwire) –The world’s leading electronics makers are converging on Berlin this week for IFA 2025, Europe’s largest consumer technology fair, where artificial intelligence and energy efficiency are expected to dominate the conversation as competition intensifies in the premium appliance market. The five-day event, which begins September 5 under the theme “Imagine [...]