SEOUL, March 20 (Korea Bizwire) — Samsung Electronics Co. will showcase its latest home appliances driven by artificial intelligence (AI) and unveil its vision for hyper-personalized smart living next week, industry sources said Thursday. At the “Welcome to Bespoke AI” event scheduled for Wednesday, Samsung Electronics will introduce Home AI, an advanced ecosystem that integrates [...]
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 [...]
SEOUL, March 16 (Korea Bizwire) — South Korea’s LG Electronics and Samsung Electronics have once again secured top rankings in U.S. Consumer Reports, extending their dominance from washing machines to refrigerators. According to industry sources, LG Electronics was recently ranked No. 1 in the 30-inch and 33-inch top-freezer refrigerator categories in Consumer Reports’ 2025 Best Refrigerators [...]
SEOUL, March 11 (Korea Bizwire) — LG Electronics Inc. said Tuesday its new advanced organic light-emitting diode (OLED) and quantum nanocell-emitting diode (QNED) TVs will soon hit the market, with their user-friendly artificial intelligence (AI) and upgraded image quality. The 2025 OLED evo incorporates brightness booster technology, which optimizes the display algorithm and organic compound [...]
SEOUL, March 10 (Korea Bizwire) — Washing machine and dryer sets of LG Electronics Inc. and Samsung Electronics Co. have received top ratings in a recent U.S. consumer performance study. LG Electronics’ washer and dryer set was ranked No. 1 in both the front-load and high-efficiency (HE) top-load categories in the Best Matching Washer and [...]
SEOUL, March 3 (Korea Bizwire) — South Korean electronics giants Samsung and LG are reporting sustained growth in India, as both companies intensify their focus on the country’s vast domestic market potential and skilled workforce. According to Samsung Electronics’ latest audit report, its Indian subsidiary recorded sales of 17.05 trillion won and net profit of 1.41 [...]
SEOUL, Feb. 28 (Korea Bizwire) — Samsung Electronics and LG Electronics have demonstrated their design prowess at the iF Design Award 2025, one of the world’s top three design competitions, with Samsung securing 75 awards and LG earning 29 distinctions across multiple categories. Samsung’s OLED TV (model S95C) and the Galaxy Z Flip5 Maison Margiela Edition [...]
LAS VEGAS, Feb. 26 (Korea Bizwire) — At the 2025 Kitchen & Bath Industry Show (KBIS), global appliance manufacturers unveiled their latest innovations, blending cutting-edge artificial intelligence (AI) with traditional design elements. While outward appearances suggested minimal changes, the underlying technology signaled a significant leap in smart home evolution. As North America’s largest kitchen and [...]
SEOUL, Feb. 21 (Korea Bizwire) — A fatal house fire in Changwon, suspected to have been caused by an electric bicycle battery charger, has reignited concerns over the safety of personal mobility (PM) device batteries, authorities said on February 20. The fire, which broke out on February 14 in Uichang-gu, Changwon, claimed the life of [...]