SEOUL, Nov. 8 (Korea Bizwire) — Despite its innovative functions and design, Samsung Electronics Co.’s Galaxy Fold was ranked as the 19th-best smartphone by U.S. Consumer Reports due to its bulky design and weak internal durability. Samsung’s first foldable device scored 85 points in the smartphone reviews by the influential American consumer magazine, behind the [...]
SEOUL, Nov. 7 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are lowering the price of LTE flagship smartphones released this year while offering higher subsidies to empty out remaining stocks. South Korean telecom giant KT Corp. raised the official subsidy for the LG G8 ThinQ to a maximum of 655,000 won (US$564) [...]
SEOUL, Nov. 5 (Korea Bizwire) — South Korean electronics maker LG Electronics Inc. said Tuesday it has filed a patent infringement suit against China’s Hisense in the United States to protect its TV technologies. LG said it filed complaints against American and Chinese branches of Hisense in a district court in California, claiming most of [...]
SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s LG Electronics Inc. said Friday it recently purchased a stake in U.S. laundry startup Washlava and supplied it with washing machines and dryers. LG Electronics, however, didn’t disclose the level of its interest in the Tampa-based company, which operates smartphone-exclusive laundromats, or the amount invested. The electronics [...]
SEOUL, Oct. 30 (Korea Bizwire) — LG Electronics Inc. said Wednesday its third-quarter net profit dropped 30.5 percent from a year earlier due to its lackluster mobile business. The South Korean electronics maker said its net earnings stood at 345.7 billion won (US$296 million) in the July-September period, compared with 497.1 billion won a year [...]
SAN JOSE, Oct. 29 (Korea Bizwire) — Samsung Electronics Co. has showed off a mock-up of a new foldable phone that folds in half horizontally in the latest move to diversify its foldable lineup. The South Korean tech giant introduced the new concept phone that folds into a square during its annual developer conference in [...]
SEOUL, Oct. 26 (Korea Bizwire) — Some 130,000 units of Apple Inc.’s new iPhone models are believed to have been set up on the first day of sales in South Korea, industry insiders said Saturday. Apple released its iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max in South Korea on Friday, targeting consumers [...]
SEOUL, Oct. 25 (Korea Bizwire) — American tech giant Apple’s latest iPhone 11 series officially hit the shelves in South Korea on Friday, targeting consumers looking for premium phones available in 4G models. Apple released its iPhone, iPhone 11 Pro and iPhone 11 Pro Max in South Korea about one month after their launch in [...]
SEOUL, Oct. 24 (Korea Bizwire) — Although Samsung Electronics Co. and LG Electronics Inc. are currently engaged in a so-called ’8K war’, it is predicted that sales of 8K TV markets will remain sluggish for some time. In a recent report, global market research firm IHS Markit estimated that the number of 4K TVs sold [...]
SEOUL, Oct. 24 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has sent one of its Galaxy S10 5G smartphones into space inside a balloon to allow its users to take selfies with the Earth in the background. The Korean smartphone maker has launched a balloon equipped with a specially designed rig to take [...]