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LG Electronics Opens Virtual Exhibition Booth for IFA 2020

LG Electronics Opens Virtual Exhibition Booth for IFA 2020

SEOUL, Sept. 2 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, on Tuesday opened its first-ever virtual exhibition booth to introduce its latest products and technologies for Europe’s largest tech expo amid the novel coronavirus pandemic. LG’s 3D virtual exhibition booth for IFA 2020 was opened to the public [...]

Samsung Unveils New Home Appliances, Mobile Devices for European Consumers

Samsung Unveils New Home Appliances, Mobile Devices for European Consumers

Samsung announced its all-new smart projector, The Premiere which gives you a big picture cinematic experience in the comfort of your own home. (Image courtesy of Samsung Elecs) SEOUL, Sept. 2 (Korea Bizwire) – Samsung Electronics Co. on Wednesday unveiled a set of new home appliances and gadgets for the European consumers that highlight human-centered [...]

LG Electronics Delivers Estimate-beating Q2 Earnings amid Pandemic

LG Electronics Delivers Estimate-beating Q2 Earnings amid Pandemic

SEOUL, July 7 (Korea Bizwire) – LG Electronics Inc. on Tuesday delivered market estimate-beating second-quarter earnings as its home appliance business apparently performed better than expected amid the novel coronavirus pandemic. In its earnings guidance, South Korea’s No. 2 electronics firm estimated its operating profit to be 493.1 billion won (US$412 million) for the April-June [...]

Air Circulators More Popular than Electric Fans This Summer

Air Circulators More Popular than Electric Fans This Summer

SEOUL, July 2 (Korea Bizwire) — This year’s air conditioning market is seeing new trends emerge as air circulators are outstripping electric fans in sales, and movable or window air conditioners are gaining popularity. E-Mart Inc., South Korea’s largest discount store chain by sales, announced Wednesday that total air conditioner sales from June 1 to [...]

Who’s Buying 8K TVs? Market Share Languishes Near Zero Percent 4 yrs After Launch

Who’s Buying 8K TVs? Market Share Languishes Near Zero Percent 4 yrs After Launch

SEOUL, June 25 (Korea Bizwire) — Ultra-high definition televisions with about 8,000 horizontal pixels known as 8K TVs are being pitched as next-generation premium TVs. Despite this pitch, however, consumers have seen little need to move up from the currently ubiquitous 4K displays. According to a report released on Wednesday by the IT market research [...]