SEOUL, Feb. 2 (Korea Bizwire) — Samsung Electronics Co. introduced the next line of its Galaxy S flagship smartphones in San Francisco on Wednesday (local time), as the tech giant is facing economic headwinds that compel consumers to postpone discretionary purchases like personal electronic devices. Samsung, the world’s largest smartphone maker, unveiled three models of [...]
SEOUL, Jan. 27 (Korea Bizwire) — LG Electronics Inc. said Friday its operating profit for the fourth quarter nosedived more than 90 percent on a drop in demand for home appliances and rising promotion cost amid global macroeconomic woes. The tech firm said operating income for the three months ending in December fell 90.7 percent [...]
SEOUL, Jan. 27 (Korea Bizwire) — LG Display Co. reported its third consecutive quarterly loss Friday on weak demand for its panel products and falling prices. The major panel maker reported an operating loss of 875.7 billion won (US$709.3 million) for the fourth quarter, compared with a profit of 476.4 billion won a year ago, [...]
SEOUL, Jan. 27 (Korea Bizwire) — LG Electronics Inc. is expanding its presence in the foreign indoor golf market by leveraging its premium commercial-use laser projector, the ProBeam. The company announced that it will take part in the PGA Show 2023 being held in Orlando, Florida for four days starting on Tuesday. LG will showcase [...]
SEOUL, Jan. 17 (Korea Bizwire) – Samsung Electronics Co. said Tuesday it will run dozens of Galaxy Experience Spaces around the world after a product release event early next month. The world’s largest smartphone maker is set to introduce new Galaxy S smartphones in San Francisco on Feb. 1 in the first in-person Unpacked event [...]
SEOUL, Jan. 16 (Korea Bizwire) — LG Electronics Inc. said Sunday that the company’s plant in the U.S. state of Tennessee has been selected as a lighthouse factory by the World Economic Forum (WEF), the first of its kind among South Korean plants built overseas. According to the WEF, a lighthouse factory refers to a [...]
SEOUL, Jan. 11 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will unveil new Galaxy S smartphones next month in the first in-person Unpacked event in three years after the COVID-19 pandemic disrupted the biannual offline event. The world’s largest smartphone maker said it will hold a Galaxy Unpacked event in San Francisco on [...]
SEOUL, Jan. 11 (Korea Bizwire) — Samsung Electronics Co. is accelerating its move to stay ahead of the rapid changes of the way people consume news and entertainment on TV by enhancing content and services available exclusively on its smart devices, a senior executive has said. As the world’s biggest TV and smartphone maker, Samsung [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korean university students turned out to perceive Apple Inc. as having a “trend-setting” image and Samsung Electronics Co. as having a “friendly” image, a survey showed Tuesday. University student community operator Vinu Labs Inc. conducted a survey of 2,000 students in their 20s who said they had more than [...]
SEOUL, Jan. 11 (Korea Bizwire) — LG Electronics Inc. swept the top spots in all major categories of best washing machines evaluated by a U.S. consumer advocacy magazine once again this year after last year’s success. Consumer Reports chose the South Korean home appliances giant’s products as the best washer of the year in three [...]