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LG Beats Samsung in Profitability of Home Appliances in 2016

LG Beats Samsung in Profitability of Home Appliances in 2016

SEOUL, Jan. 31 (Korea Bizwire) – LG Electronics Inc. was more profitable than Samsung Electronics Co. in the home appliance business in 2016 despite a gap in their overall revenue, industry data showed Tuesday.  LG’s home entertainment, home appliance and air solution divisions chalked up an operating profit of 2.57 trillion won (US$2.19 billion) on [...]

Samsung and LG Set the Tone in Home Appliance Color Trend

Samsung and LG Set the Tone in Home Appliance Color Trend

SEOUL, Jan. 30 (Korea Bizwire) – A shift in color trends for home appliances is playing out as the consumer electronics industry rushes to introduce increasingly dark toned products in the market. According to industry watchers, Korean tech giants Samsung and LG are launching new refrigerator and washing machines in black or metallic hues. Samsung [...]

Korea’s Top Five Robot Vacuums Compared

Korea’s Top Five Robot Vacuums Compared

SEOUL, Nov. 14 (Korea Bizwire) – A recent study by the Korea Consumer Agency revealed the pros and cons of Korea’s five most popular robot vacuums: the NR15 (Narin R&D), VR20J9010UR (Samsung Electronics), YCR-M07-10 (Yujin Robot), FC8710 (Philips Korea), and R75BIM (LG Electronics).  The evaluation categories included cleaning performance, autonomous mobility, noise, safety, and other [...]

Kitchen Appliances Gaining Popularity in Korea

Kitchen Appliances Gaining Popularity in Korea

SEOUL, July 19 (Korea Bizwire) — Many companies within the home appliances industry are expanding their product lines to include more kitchen appliances, as family activities and lifestyle patterns have evolved to take place more in the kitchen rather than in the living room. According to an industry official, the kitchen has transformed to become [...]

LG Electronics Introduces ‘Smart Sensor’ for Home Appliances

LG Electronics Introduces ‘Smart Sensor’ for Home Appliances

SEOUL, June 21 (Korea Bizwire) – South Korean home appliance maker LG Electronics Co. introduced a set of brand new devices Monday that are able to transform conventional household appliances into smart and connected devices which can interact with the latest mobile communication devices.  They are SmartThinQ sensors and SmartThinQ Hub.  The smart sensor is [...]

How to Climb a 33-Storey Building with a Vacuum Cleaner

How to Climb a 33-Storey Building with a Vacuum Cleaner

INCHEON, May 23 (Korea Bizwire) – Sierra Blair-Coyle is a professional rock climber and a two-time U.S. National Champion climber. But she decided to climb something extraordinary using devices that are more commonly used around the house.  She conquered a 33-storey building (140m), using only the vacuuming power of LG’s latest CordZero vacuum cleaner. It [...]

Samsung-Dyson Suit Over Vacuum Clear Ends in Arbitration

Samsung-Dyson Suit Over Vacuum Clear Ends in Arbitration

SEOUL, April 19 (Korea Bizwire) – Samsung Electronics Co.’s lawsuit against British manufacturer Dyson in a patent row over a vacuum cleaner mechanism has been withdrawn from a Seoul court after the two firms resolved the dispute through arbitration, court officials said Tuesday. The South Korean tech giant filed the suit against the British firm [...]

Samsung Unveils IoT Tech-Backed Fridge

Samsung Unveils IoT Tech-Backed Fridge

SEOUL, March 30 (Korea Bizwire) - Samsung Electronics Co. said Wednesday it has launched a new refrigerator in South Korea which uses Internet-of-Things (IoT) technologies. The Family Hub refrigerator, first showcased at the Consumer Electronics Show in January, is equipped with a 21.5-inch Full HD touch screen that allows users to follow-up on various conditions of the refrigerator. [...]

SKT Accelerates Commercialization of Home IoT Services

SKT Accelerates Commercialization of Home IoT Services

SEOUL, March 22 (Korea Bizwire) – SK Telecom announced plans to expand its ‘Smart Home’ offerings by providing consumers with more opportunities to experience the company’s home Internet of Things (IoT) services. The company announced that it will start selling five different Smart Home connection gadgets including plugs, switches, sensors, gas circuit breakers and bridges (devices [...]

Euro-style Refrigerators Increasingly Popular

Euro-style Refrigerators Increasingly Popular

SEOUL, March 15 (Korea Bizwire) – Refrigerators with the freezer on the bottom and refrigerator on top – also known as ‘European style’ – are becoming popular in the Korean market due to the increase in single or two-person households, and strong demand for premium products. According to industry analysts, sales of European-styled refrigerators manufactured [...]