SEOUL, Feb. 16 (Korea Bizwire) — Samsung Electronics Co. was the second-largest smartphone vendor in India last year, a report showed Tuesday, as its offline sales declined amid the pandemic. The South Korean tech giant shipped 29.7 million smartphones in India in 2020, down 4 percent from a year earlier, for a 20 percent market [...]
SEOUL, Feb. 11 (Korea Bizwire) — Samsung Electronics Co. is releasing new budget smartphones in the global market to boost sales, as the South Korean tech giant eyes fending off challenges against its rivals amid the pandemic. Samsung launched the Galaxy A12 on Wednesday in South Korea with a price tag of 275,000 won (US$245). [...]
SEOUL, Feb. 10 (Korea Bizwire) — Samsung Electronics Co. said Wednesday its latest smartphone line, the Galaxy S21 series, posted 30 percent higher sales than its predecessor in South Korea as the tech giant strives to boost its handset sales. Samsung said sales of the Galaxy S21 family between Jan. 29 and Monday were 30 [...]
SEOUL, Feb. 9 (Korea Bizwire) — Chinese electronics giant Skyworth has apologized over misusing an image of LG Electronics Inc.’s rollable TV during its presentation at a tech expo last month, industry insiders said Tuesday, following the South Korean tech firm’s complaint. Skyworth USA Corp., the American unit of Skyworth, recently issued a statement acknowledging [...]
SEOUL, Feb. 6 (Korea Bizwire) — South Korean home appliance makers are releasing products that highlight pet care features, industry insiders said Saturday, as they target the growing number of consumers who live with companion animals. LG Electronics Inc. earlier this week introduced a washer and a dryer that come with steam functions that remove [...]
SEOUL, Feb. 5 (Korea Bizwire) — South Korea’s two largest home appliance makers — Samsung Electronics Co. and LG Electronics Inc. — are set to begin their duel in the vacuum cleaner market, industry observers said Friday, as they released new products boasting upgraded charging stations. LG began to sell its new CodeZero ThinQ A9S [...]
SEOUL, Feb. 4 (Korea Bizwire) — Samsung Electronics Co.’s smartphone sales in the United States rose in the fourth quarter of 2020 on the back of its budget flagship model, a report showed Thursday, despite overall market decline. Samsung and Apple Inc. were the only smartphone makers to post sales growth in the United States [...]
SEOUL, Feb. 3 (Korea Bizwire) — South Korea’s corporate watchdog said Wednesday it has approved the local unit of U.S. tech giant Apple Inc.’s proposal to address antitrust business practices and support measures for consumers and small firms. Apple Korea has been under probe by the Korea Fair Trade Commission (KFTC) over allegations that it [...]
SEOUL, Jan. 29 (Korea Bizwire) – LG Electronics Inc. on Friday said it posted record earnings in the fourth quarter of 2020 on robust home appliance sales. The South Korean tech giant said it logged a net profit of 262.3 billion won (US$233 million) in the October-December period, swinging from a net loss of 849.8 [...]
SEOUL, Jan. 29 (Korea Bizwire) — Samsung Electronics Co. said Friday its new flagship smartphone line has been officially launched globally as the South Korean tech giant hopes its latest handsets can drive the company’s mobile business amid fierce challenges from its rivals. Sales of the Galaxy S21 series have started in 60 countries, including [...]