SEOUL, July 7 (Korea Bizwire) — Gaming monitors are gaining popularity as more people are playing video games at home following the coronavirus outbreak. TrendForce, a market intelligence provider, estimated that shipments of gaming monitors will reach 12.2 million units worldwide this year, which is 37 percent more than last year. As Sony and Microsoft [...]
SEOUL, July 3 (Korea Bizwire) — LG Electronics Inc., South Korea’s major home appliance maker, said Friday its air purifiers will be launched in more countries as it seeks to expand overseas sales of air cleaning products amid the pandemic. LG said its PuriCare 360 air purifier will be available in more than 30 countries [...]
SEOUL, July 2 (Korea Bizwire) — Samsung Electronics Co. on Thursday released a new luxury refrigerator highlighting customization features that offers up to 150 combinations in designs and options. Samsung unveiled its New Chef Collection refrigerator under the company’s Project Prism, which aims to reflect consumers’ lifestyles and allows them to personalize the materials, colors, [...]
SEOUL, July 2 (Korea Bizwire) — This year’s air conditioning market is seeing new trends emerge as air circulators are outstripping electric fans in sales, and movable or window air conditioners are gaining popularity. E-Mart Inc., South Korea’s largest discount store chain by sales, announced Wednesday that total air conditioner sales from June 1 to [...]
SEOUL, June 29 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, is likely to suffer a sharp decline in its second-quarter earnings due to the novel coronavirus pandemic, analysts here said Monday, although it is expected to rebound from the third quarter. LG was expected to log 13.19 trillion [...]
SEOUL, June 28 (Korea Bizwire) — Samsung Electronics Co. is expected to launch two new foldable smartphones in the second half of the year, with an affordable foldable handset model likely to come out next year, industry sources said Sunday. Samsung is projected to unveil the Galaxy Fold 2 and the 5G variant of the [...]
SEOUL, June 26 (Korea Bizwire) — Following Apple Inc.’s recent decision to support its newest smart device operating system, iOS 14, on older generation iPhone models dating back as far as six years, controversy has reemerged over Android smartphones, which have a shorter duration of technical support. Consumers say that a flagship smartphone model costing [...]
SEOUL, June 26 (Korea Bizwire) — Samsung Electronics Co. maintained the runner-up spot in the global smartwatch market in the first quarter of the year despite a drop in its market share, a report showed Friday. The South Korean tech giant’s global smartwatch market share stood at 10 percent in the January-March period, down 3 [...]
SEOUL, June 25 (Korea Bizwire) — Ultra-high definition televisions with about 8,000 horizontal pixels known as 8K TVs are being pitched as next-generation premium TVs. Despite this pitch, however, consumers have seen little need to move up from the currently ubiquitous 4K displays. According to a report released on Wednesday by the IT market research [...]
SEOUL, June 24 (Korea Bizwire) — Samsung Electronics Co. on Wednesday released its new curved gaming monitor to beef up its presence in the gaming equipment market. The South Korean tech giant announced the global launch of the Odyssey G9, which was first unveiled at the Consumer Electronics Show in Las Vegas, Nevada, earlier this [...]