SEOUL, May 27 (Korea Bizwire) – The U.S.’s decision to ban Huawei Technologies and pressure its allies to follow suit is sending a ripple effect through the South Korean tech industry that has contracts and connections with the Chinese telecom equipment and smartphone maker, analysts said Monday. President Donald Trump’s administration last week placed Huawei [...]
SEOUL, May 27 (Korea Bizwire) — Samsung Electronics Co., the world’s largest maker of smartphones, is expected to solidify its position in the global smartphone market as troubles surrounding China’s Huawei Technologies Co. deepened amid an escalating trade feud between Washington and Beijing, Fitch Ratings said Monday. Google has said it will stop supplying its [...]
SEOUL, May 24 (Korea Bizwire) — Experts are raising the possibility that Japanese tech giant Sony Corp. will retreat from the South Korean smartphone market due to recent struggles. Sony also decided not to release new smartphones in South Korea for the first half of this year. Sony announced on Tuesday at a Corporate Strategy Meeting [...]
SEOUL, May 17 (Korea Bizwire) — Samsung Electronics Co. said Friday that its Galaxy S10 5G went on sale in the United States to run on Verizon’s network in Chicago and Minneapolis, stepping up the rollout of the 5G smartphone in the global market. The South Korean tech giant launched its first 5G smartphone on [...]
SEOUL, May 16 (Korea Bizwire) — LG Electronics Inc. is swinging its home appliance business into high gear to focus on what it is good at and provide a buffer against its sluggish mobile business amid toughening global competition, market watchers said Thursday. When it comes to brand image, South Korea’s No. 2 electronics maker [...]
SEOUL, May 16 (Korea Bizwire) — LG Electronics Inc. said Thursday it has developed an artificial intelligence (AI) chip applicable in various household appliances to offer customized services for users. The electronics maker said its AI chip is equipped with neural engine processing cores customized to run deep learning algorithms. LG said the AI chip [...]
SEOUL, May 10 (Korea Bizwire) — LG Electronics Inc. said its V50 ThinQ hit market shelves in South Korea on Friday, with the company hoping its slumping mobile business will rebound with its first 5G smartphone. The LG V50 ThinQ officially went on sale after weeks of delay to ensure its performance under 5G networks [...]
SEOUL, Apr. 29 (Korea Bizwire) — Samsung Electronics Co. said Monday it will launch a QLED television in vertical display next month to target tech-savvy youngsters with innovative viewing experiences. The South Korean tech giant said the 43-inch premium television was designed to appeal to those who are familiar with vertical viewing experiences on their [...]
SEOUL, Apr. 26 (Korea Bizwire) — Samsung Electronics Co. said Friday it has sold more than 1 million units of its new flagship smartphone, the Galaxy S10, in South Korea, with the product becoming the fastest Galaxy device to surpass the mark. The South Korean tech giant said sales of the Galaxy S10 were more [...]
SEOUL, Apr. 24 (Korea Bizwire) — LG Electronics Inc. plans to relocate its Korean smartphone production line to Vietnam in a bid to cut costs for its money-losing mobile business, industry sources said Wednesday. The South Korean tech firm will phase out its Pyeongtaek factory, south of Seoul, by the end of this year, getting [...]