SEOUL, Jul. 18 (Korea Bizwire) — Samsung Electronics Co. is exploring all possible means to secure stock piles of Japanese materials in preparation for Tokyo expanding its export restrictions, company sources said Thursday. The tech giant has sent letters to its local partners in the production of televisions, consumer electronics and smartphones, urging them to [...]
SEOUL, Jul. 16 (Korea Bizwire) — LG Electronics Inc. on Tuesday launched a home brew machine that makes fresh beer out of capsules with minimum hassle to appeal to a rising number of craft beer lovers. Brewing beer has been considered a hobby with a high barrier to entry because brewers should keep a close [...]
SEOUL, Jul. 5 (Korea Bizwire) — Samsung Electronics Co. said Friday its operating earnings more than halved in the second quarter from a year earlier amid the weak memory chip and handset market. The operating profit was estimated at 6.5 trillion won (US$5.6 billion) in the April-June period, a 56.3 percent drop from a year [...]
SEOUL, Jun. 13 (Korea Bizwire) — Samsung Electronics Co. said Thursday it will release the consumer version of its massive, modular MicroLED display, which can measure up to 292 inches, in the global market next month. Samsung introduced “The Wall Luxury” during InfoComm 2019, an audiovisual industry show held in Florida. The screen begins at [...]
SEOUL, May 16 (Korea Bizwire) — LG Electronics Inc. is swinging its home appliance business into high gear to focus on what it is good at and provide a buffer against its sluggish mobile business amid toughening global competition, market watchers said Thursday. When it comes to brand image, South Korea’s No. 2 electronics maker [...]
SEOUL, May 16 (Korea Bizwire) — LG Electronics Inc. said Thursday it has developed an artificial intelligence (AI) chip applicable in various household appliances to offer customized services for users. The electronics maker said its AI chip is equipped with neural engine processing cores customized to run deep learning algorithms. LG said the AI chip [...]
SEOUL, Apr. 29 (Korea Bizwire) — Samsung Electronics Co. said Monday it will launch a QLED television in vertical display next month to target tech-savvy youngsters with innovative viewing experiences. The South Korean tech giant said the 43-inch premium television was designed to appeal to those who are familiar with vertical viewing experiences on their [...]
SEOUL, Apr. 23 (Korea Bizwire) — Samsung Electronics Co. said Tuesday that it has decided to postpone the release of its Galaxy Fold smartphone in the United States due to problems found with the folding screen and related mechanism. The South Korean tech giant, which originally planned to start selling the world’s first foldable smartphone [...]
SEOUL, Apr. 8 (Korea Bizwire) — With an increasing number of ‘homebodies’, those who enjoy spending most of their time at home, it has become clear that large and multifunctional household appliances are gaining significant popularity. Emart Inc., South Korea’s leading discount chain operator, announced on Sunday that the share of 65-inch TV sales exceeded [...]
SEOUL, Apr. 3 (Korea Bizwire) — LG Electronics Inc.’s revenue from its home appliance rental service jumped over the last two years, its business report showed Wednesday, as more people opt for renting gadgets to save money on purchases, installations and maintenance. The electronics maker posted 292.4 billion won (US$257.2 million) in sales from its [...]