SEOUL, June 13 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are scrambling to assess the impact of Washington’s decision to add home appliances to a list of derivatives subject to a 50 percent steel tariff, according to industry sources Friday. The U.S. commerce department has published a notice on the Federal Register, [...]
SEOUL, May 8 (Korea Bizwire) — LG Electronics Inc. said Thursday it will break ground on a new home appliance factory in India, reinforcing its commitment to the fast-growing South Asian market. A groundbreaking ceremony of the plant in Sri City, an industrial hub in the eastern state of Andhra Pradesh, will be attended by [...]
SEOUL, March 20 (Korea Bizwire) — Samsung Electronics Co. will showcase its latest home appliances driven by artificial intelligence (AI) and unveil its vision for hyper-personalized smart living next week, industry sources said Thursday. At the “Welcome to Bespoke AI” event scheduled for Wednesday, Samsung Electronics will introduce Home AI, an advanced ecosystem that integrates [...]
SEOUL, March 10 (Korea Bizwire) — Washing machine and dryer sets of LG Electronics Inc. and Samsung Electronics Co. have received top ratings in a recent U.S. consumer performance study. LG Electronics’ washer and dryer set was ranked No. 1 in both the front-load and high-efficiency (HE) top-load categories in the Best Matching Washer and [...]
LAS VEGAS, Feb. 26 (Korea Bizwire) — At the 2025 Kitchen & Bath Industry Show (KBIS), global appliance manufacturers unveiled their latest innovations, blending cutting-edge artificial intelligence (AI) with traditional design elements. While outward appearances suggested minimal changes, the underlying technology signaled a significant leap in smart home evolution. As North America’s largest kitchen and [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Korea’s LG Electronics and Samsung Electronics reaffirmed their dominance in the U.S. premium appliance market, securing all top spots in Consumer Reports’ 2025 rankings for large-capacity washers. Despite increasing competition from Chinese brands, Korean companies demonstrated superior technology and reliability, solidifying their positions in the world’s largest premium market. [...]
LAS VEGAS, Jan. 5 (Korea Bizwire) — LG Electronics Inc. on Sunday unveiled its new artificial intelligence-powered television featuring an advanced organic light-emitting diode (OLED) screen with clearer and brighter image quality. The 2025 OLED evo incorporates brightness booster technology, which optimizes the display algorithm and organic compound structure to deliver images up to three [...]
LAS VEGAS, Jan. 5 (Korea Bizwire) — Samsung Electronics Co. said Sunday it will propose Home AI, a hyper-personalized solution combining cutting-edge artificial intelligence and enhanced connectivity, at CES 2025. The South Korean tech giant will run a 3,368-square-meter showroom at the Las Vegas Convention Center, the largest among corporate participants at the annual tech [...]
SEOUL, Dec. 30 (Korea Bizwire) — South Korean companies are poised to showcase their advanced artificial intelligence technologies at CES 2025, the world’s largest consumer electronics and IT trade show, scheduled to open in Las Vegas next week. Not only will major home appliance companies like Samsung Electronics Co. and LG Electronics Inc. participate, but [...]
SEOUL, Dec. 30 (Korea Bizwire) — LG Electronics announced on December 29 that it plans to more than double the scope of its “Easy Appliance Project” next year, increasing both the number of participating institutions and beneficiaries. The company, in partnership with the Korea Association for Rehabilitation of the Disabled, has already selected 10 welfare centers [...]