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Samsung to Install Bixby in Wider Range of Products

Samsung to Install Bixby in Wider Range of Products

SEOUL, May 17 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will apply its artificial intelligence (AI) voice recognition system, Bixby, to a wider range of home appliances in line with its vision to establish an Internet-of-Things (IoT) ecosystem for households. Kim Hyun-suk, head of the company’s consumer electronics division, said it is important [...]

Samsung Expands Presence in Market for Super-large Displays

Samsung Expands Presence in Market for Super-large Displays

SEOUL, Apr. 30 (Korea Bizwire) — Samsung Electronics Co. is anticipated to penetrate deeper into the market for super-large displays, industry watchers said Monday, in line with the market trend for using TVs as hubs for artificial intelligence services in the home. The South Korean tech giant recently showcased new home cinema solutions in Italy, [...]

LG, Samsung Refrigerators Named Most Kid-friendly by Consumer Reports

LG, Samsung Refrigerators Named Most Kid-friendly by Consumer Reports

SEOUL, Apr. 23 (Korea Bizwire) — South Korean-made refrigerators were named among the most kid-friendly fridges by a U.S. consumer advocacy magazine after a survey of parents, companies said Monday. Consumer Reports announced five “Kid-friendly Refrigerators That Please Parents,” a list which includes two models from LG Electronics and one from Samsung Electronics. The two [...]

Samsung’s Advert on Fridge Customized for India Popular on YouTube

Samsung’s Advert on Fridge Customized for India Popular on YouTube

SEOUL, Apr. 19 (Korea Bizwire) — Samsung Electronics Co. said Thursday its advertisement showcasing refrigerators specially made for the Indian market went viral on the video-sharing platform YouTube, claiming the popularity reflects the company’s increasing presence in the growing Asian market. The advertisement, which introduces the Digital Inverter Refrigerator, which can maintain temperature amid power [...]

Demand for Larger TVs Growing in S. Korea

Demand for Larger TVs Growing in S. Korea

SEOUL, Apr. 19 (Korea Bizwire) — The demand for larger television sets has been growing over the past few years in South Korea, industry data showed Thursday, alongside lower average prices. Industry data showed the average size of Samsung Electronics Co.’s TVs sold in the country came to 54 inches last year, up sharply from [...]

LG Joins with Italian Furniture Firm for IoT Experience

LG Joins with Italian Furniture Firm for IoT Experience

SEOUL, Apr. 13 (Korea Bizwire) — LG Electronics Inc. said Friday it has joined forces with Italy-based furniture firm Natuzzi Group to jointly develop a smart home package boasting Internet-of-Things (IoT) technology. Under the arrangement, LG and Natuzzi will showcase smart home solutions at the Milano Design Week slated for later this month, including jointly [...]

S. Korean Market for Air Purifiers Rising amid Fine Dust Woes

S. Korean Market for Air Purifiers Rising amid Fine Dust Woes

SEOUL, Apr. 9 (Korea Bizwire) — The market for air purifiers in South Korea is set to continue expanding going forward, industry watchers said Sunday, as more consumers are becoming concerned about fine dust levels in the air. Sales of air purifiers in the country are expected to reach around 2 million to 2.5 million [...]

Tech Giants Cut Costs of Premium TVs amid Escalating Competition

Tech Giants Cut Costs of Premium TVs amid Escalating Competition

SEOUL, Mar. 29 (Korea Bizwire) — Global tech manufactures have been cutting costs of premium televisions recently amid the escalating competition in the global market, industry watchers said Thursday. Samsung Electronics Co., which has been promoting QLED TVs, reduced the price of its 55-inch QLED TV, the QN55Q7FN, to US$1,900, down 24 percent from $2,500. [...]

LG Electronics Set to Enjoy Robust Earnings for Q1

LG Electronics Set to Enjoy Robust Earnings for Q1

SEOUL, Mar. 26 (Korea Bizwire) — LG Electronics Inc., which enjoyed record earnings last year on the back of premium TVs and home appliance sales, is expected to post a robust performance in the first quarter of 2018. According to data compiled by market tracker FnGuide from local brokerage houses, the market’s first-quarter consensus for [...]

Samsung, LG Vying for Bigger Share of Premium TV Market

Samsung, LG Vying for Bigger Share of Premium TV Market

SEOUL, Mar. 8 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc., the world’s top-two TV makers, are staging a pitched battle to clinch a bigger slice of the global high-end TV market, which has been fast growing in recent years, industry sources Thursday. In an extravagant showcase event in New York, global tech [...]