SEOUL, March 3 (Korea Bizwire) – Samsung Electronics Co. on Wednesday introduced its 2021 TV lineup, which includes new Mini LED and Micro LED TVs in various sizes, as the South Korean tech giant eyes to cement its leadership in the global TV market. The world’s largest TV maker said at its Unbox & Discover [...]
SEOUL, March 2 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, said Tuesday that the cumulative production of its steam closet has surpassed 1 million units. Domestic models of LG Tromm Styler, a clothing care appliance that made its debut in 2011, surpassed 1 million units in cumulative production [...]
SEOUL, Feb. 26 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, said Friday it has opened its first premium shop in Latin America in a move to further boost sales in the region. LG Brand Shop for the South and Central American region is in Panama City, Panama, with [...]
SEOUL, Feb. 24 (Korea Bizwire) – LG Electronics Inc. said Wednesday its smart TV platform will be used by other TV makers this year as the company eyes boosting its software capability. LG said some 20 TV manufacturers, including RCA, Konka and Ayonz, will release TVs installed with its webOS platform. To attract more TV [...]
SEOUL, Feb. 24 (Korea Bizwire) — Samsung Electronics Co. remained the world’s leading TV vendor for the 15th straight year in 2020 on the back of its QLED and large TVs, a report showed Wednesday. The South Korean tech giant had a market share of a record 31.9 percent in terms of sales revenue last [...]
SEOUL, Feb. 23 (Korea Bizwire) — Samsung Electronics Co. said Tuesday it will provide security updates for Galaxy mobile devices at least four years after their initial release. The world’s largest smartphone maker said more than 130 models released after 2019 are subject to its regular security updates. They include Galaxy S10, S20 and S21 [...]
SEOUL, Feb. 22 (Korea Bizwire) — LG Electronics Inc., a South Korean tech firm, may scrap a plan to develop a smartphone with a rollable display, industry observers here said Monday, amid growing speculation that the South Korean tech giant will ditch its money-losing mobile business. LG reportedly told its parts suppliers, including Chinese display [...]
SEOUL, Feb. 22 (Korea Bizwire) — LG Electronics Inc. on Monday launched new office-use laser projectors as the South Korean home appliance maker eyes to expand its presence in the business projector market. Two new models of LG ProBeam laser projectors — BUPST and BF60PST — are available in South Korea, according to the company. [...]
SEOUL, Feb. 19 (Korea Bizwire) — Global rating agency Moody’s Investors Service on Friday upgraded credit ratings of LG Electronics Inc. for the first time in seven years after the South Korean tech giant reported record earnings last year. Moody’s raised the ratings of LG Electronics to Baa2 from Baa3, with its ratings outlook remaining [...]
SEOUL, Feb. 19 (Korea Bizwire) — Apple Inc. is expected to open its second store in South Korea later this month, expanding its presence in the country to compete with local tech giant Samsung Electronics Co. The company said Friday it will hold a press preview event for the store in Yeouido, western Seoul, on [...]