SEOUL, Dec. 17 (Korea Bizwire) — The prolonged pandemic has significantly changed how people spend their time at home, which became the location for everything from exercise to work. To some, it became a primary place to garden. LG Electronics Inc. has rolled out an automated indoor gardening appliance, LG tiiun, which means “to sprout” [...]
SEOUL, Nov. 19 (Korea Bizwire) — LG Electronic Co.’s shipments of its premium OLED television have surpassed the 10 million milestone in the third quarter since it was released in 2013, new data showed Friday. It took the South Korean TV maker seven years to reach the 5 million sales milestone, but it took only [...]
SEOUL, Nov. 15 (Korea Bizwire) — With the year-end shopping season close at hand, South Korea’s major TV manufacturers are going all-out to strengthen their appeal to the consumers who are opting for larger TVs. According to the U.S. website of Samsung Electronics Co., the company’s mini LED TV 8K Neo QLED TV is now selling [...]
SEOUL, Oct. 19 (Korea Bizwire) — With the trend toward larger screen TVs accelerating, South Korea’s two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — are about to release new models with a screen size of about 100 inches. Samsung, which is leading the ultra large-sized TV market, is highly likely to [...]
SEOUL, Oct. 7 (Korea Bizwire) — LG Electronics Inc. said Thursday it will expand its partnership with Italian luxury furniture maker Molteni&C S.P.A. to better promote its high-end brand LG Signature. The two sides last year signed a deal to collaborate on marketing, promotion and product development related with LG Signature home appliances, Molteni&C residential [...]
SEOUL, Sept. 23 (Korea Bizwire) — Home appliance manufacturers are diversifying their marketing strategies to win the hearts of the new and upcoming MZ generation, born between the 1980s and 2000s. Samsung Electronics Co. appeared on Naver Live Commerce to release and sell the new multifunctional cooking appliance BESPOKE Qooker while its rival LG Electronics [...]
SEOUL, Sept. 16 (Korea Bizwire) — Samsung Electronics Co. said Thursday it has signed a partnership with the Louvre, the renowned art museum in Paris, to expand its art subscription service on TV amid the pandemic-driven stay-at-home trend. Under the deal, those who own Samsung’s Frame TV can now see some 40 famous art pieces [...]
SEOUL, Sept. 10 (Korea Bizwire) — Samsung Electronics Co. on Friday said it has signed a partnership with Seoul National University to develop core parts for future home appliance products. The two sides will especially focus on developing solutions for next-generation compressors and motors with high energy efficiency, low noise and enhanced durability. Compressors and [...]
SEOUL, Aug. 24 (Korea Bizwire) — South Korea’s top two TV makers — Samsung Electronics Co. and LG Electronics Inc. — represented half of the global TV market in the first half of the year, a report showed Tuesday, as they maintained their leadership in the premium segment. Samsung accounted for 31 percent of the [...]
SEOUL, Aug. 17 (Korea Bizwire) — Samsung Electronics Co. was the world’s largest curved monitor vendor in the second quarter of the year, a report showed Tuesday, although its shipments decreased sharply from a quarter earlier. Samsung had a market share of 32 percent in the April-June period after shipping 1.09 million curved monitors, according [...]