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Whirlpool Demands 50 pct Tariff on Samsung, LG Washers

Whirlpool Demands 50 pct Tariff on Samsung, LG Washers

SEOUL, Oct. 18 (Korea Bizwire) — U.S. tech manufacturer Whirlpool Corp. has demanded a punitive tariff of 50 percent on South Korean firms’ washers, government sources said Wednesday. According to South Korea’s trade ministry, Whirlpool submitted the demand to the U.S. International Trade Commission (ITC), which earlier determined that Samsung Electronics Co. and LG Electronics [...]

Samsung Engages in Aggressive Marketing against LG OLED TVs

Samsung Engages in Aggressive Marketing against LG OLED TVs

SEOUL, Oct. 16 (Korea Bizwire) — Samsung Electronics Co.’s latest aggressive marketing tactic against rival LG Electronics Co. in the high-end TV field appears to be part of its efforts to get ahead in the consumer electronics sector. Samsung Electronics has been at the forefront of liquid crystal display (LCD) TV technology that has helped [...]

New and Improved “Next Generation” Toilet Comes to Dongdaemun Design Plaza

New and Improved “Next Generation” Toilet Comes to Dongdaemun Design Plaza

  Visitors to Dongdaemun Design Plaza from September 21 through 27 will get to take a look at toilets of the future. (Image: UNIST) ULSAN, Sept. 21 (Korea Bizwire) – Visitors to Dongdaemun Design Plaza from September 21 through 27 will get to take a look at toilets of the future. Named Walden 1.0 and [...]

AI Speaker Wars, Round 1: Kakao Mini and Naver Wave Fly Off the Shelves

AI Speaker Wars, Round 1: Kakao Mini and Naver Wave Fly Off the Shelves

SEOUL, Sept. 19 (Korea Bizwire) – There are no losers, only winners, in the first round of the AI speaker confrontation between Kakao and Naver, as pre-sales of each tech company’s flagship product were effectively over minutes after they began.  Pre-sales of the Kakao Mini started on September 18 and lasted only 38 minutes. The [...]

LG OLED TV Wins Positive Responses in U.S., Europe

LG OLED TV Wins Positive Responses in U.S., Europe

SEOUL, Sept. 11 (Korea Bizwire) — LG Electronics Inc.’s high-end organic light-emitting diode (OLED) TV products have won positive responses from American and European consumer magazines, industry sources said Monday. The LG OLEDB7V model, a 65-inch OLED UHD TV, made by the South Korean home appliance giant has topped evaluations conducted by leading consumer magazines [...]

Samsung, LG to Deal Jointly with U.S. Washer Safeguard Probe

Samsung, LG to Deal Jointly with U.S. Washer Safeguard Probe

SEOUL, Sept. 7 (Korea Bizwire) — South Korean home appliance giants Samsung Electronics Co. and LG Electronics Inc. will work together to deal with a U.S. safeguard probe of their washing machines, sources said Thursday. In June, the U.S. government started a safeguard investigation into foreign washers, mostly made by South Korean companies, at the [...]

Samsung Joins 20th Century Fox, Panasonic For HDR(High Dynamic Range) Alliance

Samsung Joins 20th Century Fox, Panasonic For HDR(High Dynamic Range) Alliance

SEOUL, Aug. 28 (Korea Bizwire) — Samsung Electronics Co. said Monday it agreed to join U.S. 20th Century Fox and Japan-based Panasonic Corp. to expand the ecosystem for the High Dynamic Range (HDR) 10 Plus technology. The South Korean tech giant said the companies agreed to establish an alliance for the HDR 10 Plus technology. [...]

Samsung, LG Sued Over Digital TV Technology in U.S.

Samsung, LG Sued Over Digital TV Technology in U.S.

SEOUL, Aug. 24 (Korea Bizwire) — South Korean electronics giants Samsung Electronics Co. and LG Electronics Inc. have been sued in the United States over alleged collusion concerning digital television broadcasting technology, industry sources said Thursday. Chinese home appliance maker Haier Group Co. recently filed a lawsuit with a federal court in New York, accusing [...]

Naver’s Wave AI Speaker Looks Nice, but Performance Doesn’t Stand Out

Naver’s Wave AI Speaker Looks Nice, but Performance Doesn’t Stand Out

SEOUL, Aug. 22 (Korea Bizwire) — Wave, a ‘smart’ speaker that is the first AI gadget developed by South Korean web giant Naver, has received much attention for the massive investment the company made in its development, having chosen artificial Intelligence as the key technology of the next generation.   The main functions of Wave include [...]