SEOUL, Feb. 16 (Korea Bizwire) — Samsung Electronics Co. has relocated some of the smartphone production lines operated by its partner companies in overseas countries back to South Korea, industry sources said Tuesday, the move came after some of the company’s overseas plants suffered production disruptions due to the COVID-19 pandemic. Some production lines run [...]
SEOUL, Feb. 11 (Korea Bizwire) — Samsung Electronics Co. was outpaced by Apple Inc. in the fourth quarter in terms of global smartphone shipments, reports showed Friday. Apple surpassed its South Korean rival to become the top smartphone maker in the three months ending in December, with a 22 percent market share versus Samsung’s 18 [...]
SEOUL, Feb. 10 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled its latest Galaxy S smartphones, which boast upgraded camera performances, stronger chips and eco-friendly features. Samsung’s flagship phone lineup comes in three models — the Galaxy S22, Galaxy S22 Plus and Galaxy S22 Ultra — powered by the first-ever 4nm processor on a [...]
SEOUL, Feb. 9 (Korea Bizwire) – Global TV shipments are forecast to slightly rebound this year amid falling LCD panel prices, with high-end TVs continuing to enjoy robust growth, industry reports said Tuesday. The industry tracker Trendforce expected global TV shipments to reach around 217 million units this year, up 3.4 percent from a year [...]
SEOUL, Feb. 7 (Korea Bizwire) — Samsung Electronics Co. said Monday it will repurpose discarded ocean-bound fishing nets in its Galaxy devices as part of its efforts to expand the use of eco-conscious materials and make its business more environmentally friendly. The world’s largest smartphone maker said the use of a new material “marks another [...]
SEOUL, Jan. 26 (Korea Bizwire) — LG Display Co., a South Korean major display panel maker, said Wednesday that its fourth quarter net income dropped 70.8 percent from a year earlier on declining LCD TV panel prices and one-off cost factors. Net profit for the three months ended in December came to 179.5 billion won [...]
SEOUL, Jan. 26 (Korea Bizwire) — Samsung Electronics Co. said Wednesday it will hold its Unpacked 2022 event next month to showcase the latest Galaxy smartphone with improved chips and boosted camera performance and capabilities. The tech company will show off the Galaxy S22 smartphone at the Feb. 10 event, saying it will “set an [...]
SEOUL, Jan. 25 (Korea Bizwire) — LG Electronics Inc. said Tuesday it will roll out upgradable home appliances to better serve consumers’ varying needs, in what it said could be a major shift from selling products to offering improved consumer experiences. The tech giant said users will be able to easily update their home appliances [...]
SEOUL, Jan. 14 (Korea Bizwire) — Samsung Electronics Co.’s all-new portable projector, unveiled at the Consumer Electronics Show (CES) last week, has gotten off to a good start, as preorders were sold out at home and abroad, the company said Friday. The new product, The Freestyle, is a light, portable screen and entertainment device, especially [...]
SEOUL, Jan. 13 (Korea Bizwire) – Apple Korea’s sales jumped 24 percent on-year to hit 7.1 trillion won (US$5.97 billion) last year, data showed Thursday. The South Korean unit of U.S. tech giant Apple Inc. — Apple Korea Ltd.– logged 7.1 trillion won (US$5.97 billion) in sales from Oct. 1, 2020 to Sept. 30 last [...]