SEOUL, Nov. 28 (Korea Bizwire) — Samsung SDI Co., a battery and electronic materials manufacturing unit under Samsung Group, said Thursday it has appointed Choi Joo-sun, head of Samsung Display Co., as its new CEO as part of the group’s leadership reshuffle. Choi, 61, began his career as an engineer in a memory chip development [...]
SEOUL, Nov. 25 (Korea Bizwire) — Kia, LG Electronics, and Samsung Electronics have been ranked among the top companies for engineers in the United States by Forbes, highlighting their strong reputation in the competitive local job market. According to an industry report on Sunday, Forbes, in collaboration with market research firm Statista, published a list [...]
SEOUL, Nov. 5 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, on Tuesday showcased the world’s first artificial intelligence IPTV that supports advanced 8K resolution. The Korean company’s new Genie TV set-top box will support 8K resolution, the highest resolution standard for content creation, to upgrade the viewing experience for its users, [...]
SEOUL, Nov. 4 (Korea Bizwire) – In response to growing privacy concerns over leaked surveillance footage appearing on adult websites, major South Korean e-commerce platforms are implementing new measures to help consumers protect their IP camera systems from unauthorized access. The move comes after sensitive footage from private homes, vacation rentals, and even plastic surgery operating [...]
SEOUL, Nov. 1 (Korea Bizwire) – Two South Korean technology giants have secured spots on TIME magazine’s prestigious “Best Inventions of 2024″ list, highlighting the country’s continued dominance in consumer electronics innovation. Samsung Electronics announced on October 31 that its 2024 Neo QLED 8K television and Music Frame speaker were recognized in the Consumer Electronics and [...]
SEOUL, Oct. 28 (Korea Bizwire) – Major South Korean electronics manufacturers are preparing to enter the rapidly growing food waste disposer market, currently dominated by small and medium-sized enterprises. According to industry sources on October 27, LG Electronics recently concluded a pilot program for its food waste disposer in collaboration with the city of Ansan in [...]
SEOUL, Oct. 21 (Korea Bizwire) – Samsung Electronics has reported a significant increase in sales of its ultra-large televisions, indicating a shift in consumer preferences towards bigger screens regardless of living space constraints. According to data released by Samsung on October 20, sales of TVs 80 inches and larger have grown by approximately 15% in the [...]
SEOUL, Oct. 14 (Korea Bizwire) – As Free Ad-Supported Streaming TV (FAST) gains traction, companies and brands are increasingly launching their own channels on these platforms, viewing them as a new frontier for product and service promotion. FAST channels, which offer free content in exchange for watching advertisements, are primarily consumed on smart TVs. They combine [...]
SEOUL, Oct. 10 (Korea Bizwire) — LG Electronics Inc. on Thursday announced its vision to reach 10 trillion won (US$7.4 billion) in sales from its business-to-business (B2B) solutions division by 2030 as part of the company’s strategy to diversify its business portfolio. “With 66 years of experience in serving customers and understanding spaces, we aim [...]
SEOUL, Oct. 4 (Korea Bizwire) — Samsung Electronics Co. has started offering popular Korean entertainment content in the United States via its smart television application through partnerships with South Korean entertainment giant CJ ENM Co., according to the company Friday. Samsung Electronics said it has started offering nearly 4,000 hours of free-to-stream Korean shows and [...]