SEOUL, Jan. 3 (Korea Bizwire) — South Korea’s top two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — will lock horns in the field of artificial intelligence at the upcoming tech expo in the United States, industry observers said Friday, as they pin high hopes on the products powered by human-like algorithms. [...]
SEOUL, Jan. 2 (Korea Bizwire) — LG Electronics Inc., South Korea’s major home appliances maker, is set to face a probe from the country’s antitrust watchdog, industry insiders said Thursday, as local consumers plan to submit a collective complaint against the company over its clothes dryers. A Seoul-based law firm representing 560 local consumers said [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korea’s top two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — are set to introduce TVs with new form factors at the world’s biggest tech expo next week as they continue to up the ante to lead the global TV market, industry sources said Thursday. [...]
SEOUL, Nov. 7 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are lowering the price of LTE flagship smartphones released this year while offering higher subsidies to empty out remaining stocks. South Korean telecom giant KT Corp. raised the official subsidy for the LG G8 ThinQ to a maximum of 655,000 won (US$564) [...]
SEOUL, Nov. 5 (Korea Bizwire) — South Korean electronics maker LG Electronics Inc. said Tuesday it has filed a patent infringement suit against China’s Hisense in the United States to protect its TV technologies. LG said it filed complaints against American and Chinese branches of Hisense in a district court in California, claiming most of [...]
SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s LG Electronics Inc. said Friday it recently purchased a stake in U.S. laundry startup Washlava and supplied it with washing machines and dryers. LG Electronics, however, didn’t disclose the level of its interest in the Tampa-based company, which operates smartphone-exclusive laundromats, or the amount invested. The electronics [...]
SEOUL, Oct. 24 (Korea Bizwire) — Although Samsung Electronics Co. and LG Electronics Inc. are currently engaged in a so-called ’8K war’, it is predicted that sales of 8K TV markets will remain sluggish for some time. In a recent report, global market research firm IHS Markit estimated that the number of 4K TVs sold [...]
SEOUL, Oct. 21 (Korea Bizwire) — Samsung Electronics Co., an official sponsor for the 2020 Tokyo Olympics, has decided to overhaul its marketing strategy for the upcoming Olympic Games amid a prolonged dispute between South Korea and Japan. Samsung reportedly plans to remove the company name from all advertisements for the Olympics, and replace it [...]
SEOUL, Sept. 17 (Korea Bizwire) — South Korea’s two electronics giant once again clashed over 8K television technology Tuesday in attempt to get an early lead in the premium segment still in a nascent stage. 8K refers to the highest-resolution standard for content creation, which offers four times the number of pixels of a 4K [...]
BERLIN, Sept. 11 (Korea Bizwire) — While IFA is Europe’s largest consumer electronics show, this year’s event had an interesting twist with unusual scene stealers form the mobile industry to give much-needed hype for the foldable phones and 5G. IFA closed Wednesday after a six-day run, hosting over 1,900 exhibitors that showcased the latest televisions, [...]