SEOUL, July 23 (Korea Bizwire) — Sales of summer appliances, including air conditioners and fans, are soaring in South Korea, industry sources said Friday, as the sweltering heat continues to scorch the country. With the daily temperature reaching as high as 38 C in some regions, demand for air conditioners and other cooling appliances is [...]
SEOUL, July 19 (Korea Bizwire) — LG Electronics Inc. said Monday its new compact sound bar will be available in the market as the South Korean tech giant eyes to beef up its presence in the home audio market. LG Eclair will be launched in North America later this month and will hit the shelves [...]
SEOUL, June 30 (Korea Bizwire) — QLED and OLED TV shipments are projected to reach record highs this year, a report showed Wednesday, boding well for the South Korean TV makers that lead the premium TV market. The annual shipment of QLED TVs for 2021 is expected to reach 11.02 million units, up 22.4 percent [...]
SEOUL, June 30 (Korea Bizwire) — LG Electronics Inc. said Tuesday its Mini LED TVs will hit the shelves this week as the South Korean tech giant eyes to expand its presence in the premium TV market. Starting with North America, LG’s QNED Mini LED TVs will be available in major markets, including Europe, South [...]
SEOUL, June 29 (Korea Bizwire) — LG Electronics Inc. said Tuesday its OLED TVs now support an advanced video processing technology for gamers at 4K resolution with 120Hz refresh rate as the South Korean tech giant tries to beef up its presence in the gaming community. Through a software update, LG said its 2021 OLED [...]
SEOUL, June 21 (Korea Bizwire) — Samsung Electronics Co. on Monday announced the global launch of its upgraded gaming monitors as the South Korean tech giant tries to boost sales amid the stay-at-home trend. The 2021 edition of Odyssey gaming monitors — G70A, G50A and G30A — will be available in major markets, including South [...]
SEOUL, June 20 (Korea Bizwire) — LG Electronics Inc. said Sunday it has launched an 83-inch OLED TV as the South Korean tech giant tries to beef up its presence in the premium TV market. LG’s 83-inch OLED TV, the 83C1, will be first available in South Korea and the United States this month. In [...]
SEOUL, June 1 (Korea Bizwire) — LG Electronics Inc. is fast converting its overseas smartphone manufacturing lines into facilities that produce home appliances, industry insiders said Tuesday, following its decision to withdraw from the mobile business. LG said the Brazilian government last month approved its plan to expand its Manaus plant in Amazonas, northwestern Brazil, [...]
SEOUL, May 28 (Korea Bizwire) — Competition is heating up among South Korea’s major home appliance makers to get the upper hand in the wine cellar market, which has been growing at a healthy pace thanks to the increase in the number of people drinking at home resulting from the COVID-19 pandemic. Sales and revenues from [...]
SEOUL, May 27 (Korea Bizwire) — Samsung Electronics Co. on Thursday launched a shoe refresher as the South Korean tech giant eyes bolstering its sales with new lifestyle appliances amid the pandemic. Samsung’s BESPOKE ShoeDresser is a footwear care appliance that can deodorize, dehumidify and dry shoes. The product, which can manage a maximum three [...]