SEOUL, April 25, (Korea Bizwire) — South Korea’s largest corporations are ramping up their responses to the renewed threat of U.S. tariffs under the Trump administration by stockpiling inventory and expanding production within the United States, signaling a shift toward more aggressive contingency planning. During first-quarter earnings calls on April 24, companies across the automotive, [...]
SEOUL, April 21, (Korea Bizwire) — LG Display announced Monday that it has developed and deployed its own artificial intelligence assistant — the first of its kind in the display industry — to streamline internal workflows and improve productivity. The AI assistant service, which debuted in early 2025, is designed to support individual productivity through [...]
SEOUL, April 21, (Korea Bizwire) — LG Electronics marked Earth Day 2025 with the launch of MyCup, a compact tumbler washer designed for commercial use, as part of the company’s broader push into business-to-business (B2B) subscription services and sustainable innovation. Unveiled on April 21, MyCup integrates LG’s advanced dishwashing technologies — including those from its [...]
SEOUL, April 20 (Korea Bizwire) — LG Electronics announced Sunday the launch of its new “LG Smart Monitor Swing,” a high-resolution, large-screen display equipped with advanced touch features and full adjustability in height and angle. The new release aims to further solidify the company’s leadership in the portable monitor market, following the success of its earlier [...]
SEOUL, March 31 (Korea Bizwire) — As smartphone makers from Samsung and Apple to Xiaomi roll out their latest flagship models, one feature takes center stage: increasingly sophisticated cameras that edge closer to rivaling professional-grade DSLRs. Xiaomi’s recently released Xiaomi 15 Ultra has sparked particular buzz in tech circles this month, following its debut at [...]
SEOUL, March 25 (Korea Bizwire) — Samsung Electronics Co. Vice Chairman Han Jong-hee has died of a heart attack, industry sources said Tuesday. He was 63. Han suffered a heart attack over the weekend and died while receiving treatment at a hospital, according to the sources. Born in 1962, Han was widely regarded as a [...]
SEOUL, March 24 (Korea Bizwire) — Samsung Electronics Co. has held the No. 1 spot in annual sales among South Korean companies for 22 consecutive years from 2002 to 2023, an industry analysis report showed Monday. According to the report from the Korea CXO Institute, a corporate data firm, Samsung Electronics was found to have [...]
SEOUL, March 24 (Korea Bizwire) — LG Electronics Inc. said Monday its new advanced organic light-emitting diode (OLED) evo TVs have claimed all top 10 spots in consumer rankings released by U.S. Consumer Report. Consumer Report has recently adjusted its evaluation standards for TV products in terms of creditability, satisfaction, screen resolution and sound quality. [...]
SEOUL, March 17 (Korea Bizwire) — As global consumer electronics sales continue to slump, South Korea’s tech giants are finding new growth in an unexpected direction: business-to-business solutions, particularly in heating, ventilation, and air conditioning (HVAC) systems. Samsung Electronics has seen its consumer electronics and visual display division revenue stagnate, with annual sales of 60.64 trillion won [...]
SEOUL, March 17 (Korea Bizwire) — Samsung Electronics Co. Chairman Lee Jae-yong has urged executives to adopt a “death-defying” mindset to navigate the intense challenges posed by the new era driven by artificial intelligence (AI), industry sources said Monday. His call was made in a video message delivered to some 2,000 executives of the company’s [...]