SEOUL, April 9 (Korea Bizwire) — Samsung Electronics Co. on Thursday unveiled 5G versions of its mid-range smartphones as the South Korean tech giant aims to boost handset sales amid the novel coronavirus pandemic. The world’s largest smartphone vendor introduced the new Galaxy A71 5G and Galaxy A51 5G smartphones, expanding its smartphone lineup that [...]
SEOUL, April 7 (Korea Bizwire) — LG Electronics Inc. on Tuesday delivered an earnings surprise in the first quarter of the year, apparently aided by solid performance from its home appliance business, but analysts warned that the company could face a severe impact from the novel coronavirus during the current quarter. South Korea’s No. 2 [...]
SEOUL, April 7 (Korea Bizwire) — Samsung Electronics Co. on Tuesday delivered better-than-expected first-quarter earnings as robust demand for chips apparently offset a slump in smartphone and home appliance sales amid the novel coronavirus pandemic, but analysts warned that the company may feel the pinch of the COVID-19 outbreak during the current quarter. The South [...]
SUWON, March 18 (Korea Bizwire) — Samsung Electronics Co., the world’s largest memory chip maker, said Wednesday it expects this year’s chip demand to grow despite concerns over the novel coronavirus pandemic. During an annual shareholder meeting, Kim Ki-nam, who leads Samsung’s device solutions division, said that “external uncertainties” will continue this year but global [...]
SEOUL, March 18 (Korea Bizwire) — Samsung Electronics Co. will manufacture and sell accessories for smartphones and smartwatches with thread made by melting plastic waste. Samsung collaborated with Danish textile company Kvadrat to produce a case for the Galaxy S20 Plus and a strap accessory to the Galaxy Watch Active2, with fibers that recycled plastic [...]
SEOUL, March 12 (Korea Bizwire) — LG Display Co., a major display panel maker in South Korea, has continued to expand its presence in the global smartphone OLED panel market, industry data showed Thursday, as the company strives to improve its earnings. LG Display had a 10.8 percent share in the global smartphone OLED panel [...]
SEOUL, March 11 (Korea Bizwire) — Samsung Electronics Co. plans to release its 5G smartphones in more than 40 countries this year, a company official said Wednesday, as the South Korean tech giant seeks to further expand its global presence amid the rise of the next-generation mobile service. Samsung’s 5G smartphones were sold in 22 [...]
SEOUL, March 7 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. have begun their duel in the local dryer market, industry observers said Saturday, as they released new products with upgraded artificial intelligence (AI) and sanitizing features. Industry officials expect that South Korea’s clothes dryer market could grow up to 2 million units [...]
SEOUL, March 6 (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 the novel coronavirus outbreak. Sales of the Galaxy S20 series have started in 20 countries, including South [...]
SEOUL, Feb. 28 (Korea Bizwire) — Sales of Samsung Electronics Co.’s Galaxy S20 smartphones were 20 percent lower than the previous model on their first day amid the spreading coronavirus outbreak, the company said Friday. The Galaxy S20 series smartphones went on sale on Thursday, and their first-day sales volume came to about 80 percent [...]