LAS VEGAS, Jan. 2 (Korea Bizwire) — LG Electronics Inc. unveiled a vision for its TV business on Monday ahead of the opening of CES 2023, emphasizing connectivity and customization. The consumer electronics giant will dedicate itself to fulfilling the vision of Sync to You, Open to All, it said, based on its advanced organic light-emitting [...]
SEOUL, Dec. 30 (Korea Bizwire) — Samsung Electronics Co. announced Thursday a plan to showcase artworks using its lifestyle TV The Frame at the 2022 Union Art Fair, which is currently being held at Seoul Auction’s Gangnam Center in Seoul. This year marks the seventh anniversary of the Union Art Fair, which is a direct [...]
SEOUL, Dec. 28 (Korea Bizwire) — LG Electronics Inc. on Tuesday held a completion ceremony for a peak shaving energy storage system (ESS) at its home appliances factory LG Smart Park in Changwon, South Gyeongsang Province. The system is designed to contribute to lowering the burden of electricity charges as well as to reducing greenhouse [...]
SEOUL, Dec. 27 (Korea Bizwire) — LG Electronics Inc. has teamed up with a local firm to develop smart home appliances that utilize sleep analytics technology. The home appliance maker said Monday it has signed a memorandum of understanding with Asleep, a sleep tracking software startup, to work together in the field of sleep technology. [...]
SEOUL, Dec. 23 (Korea Bizwire) — LG Electronics Inc. said Thursday it had selected Viva Magenta as a new color option for its Dios Objet Collection MoodUp, a refrigerator that enables users to change the color of the appliance via a smartphone app. Customers will be able to add Viva Magenta to color options for [...]
SEOUL, Dec. 22 (Korea Bizwire) — The performance-based bonuses that Samsung Electronics Co. paid to its employees declined sharply in second-half of this year amid weaker than expected sales resulting from the economic slump, industry sources said Wednesday. Samsung unveiled what it calls target achievement incentives (TAI) based on its workers’ performance, which could be [...]
SEOUL, Dec. 19 (Korea Bizwire) — LG Electronics Inc. said Monday it will present its environmental, social and governance, or ESG, vision at the Consumer Electronics Show (CES) in Las Vegas early next month. The South Korean company will share its sustainability efforts at the Better Life for All zone at CES 2023, set to [...]
SEOUL, Dec. 19 (Korea Bizwire) — LG Display Co., a major South Korean display maker, is expected to stop producing liquid-crystal display (LCD) panels for TV by the end of this year at the earliest, industry sources said Monday, amid falling profitability and fierce competition from Chinese rivals. The company said in a regulatory filing [...]
SEOUL, Dec. 15 (Korea Bizwire) — Samsung Electronics Co. will present its vision for “sustainable innovation” at the Consumer Electronics Show (CES) next month, its top executive said Thursday, continuing its focus on developing products that are both highly connected and sustainable. As a major technology company, “Samsung Electronics has a responsibility to establish an [...]
SEOUL, Dec. 13 (Korea Bizwire) — Samsung Electronics Co.’s smartphone brand Galaxy has been chosen as South Korea’s best brand for the 12th consecutive year, a survey showed Monday. The Galaxy phone earned a brand index reading of 937.6 points out of a possible 1,000 points, according to the survey by Brandstock, a South Korean [...]