The latest technology news coverage. We bring you the latest information on what is happening in Korea today.
LAS VEGAS, Jan. 7 (Korea Bizwire) – LG Electronics Inc.’s chief executive has said the company’s focus on the electric vehicle (EV) parts business for the past decade has started to bear fruit. “Our EV business has made a turnaround 10 years after we entered the market,” CEO Cho Joo-wan said during a press briefing [...]
SEOUL, Jan. 6 (Korea Bizwire) — LG Electronics Inc. on Friday estimated its fourth-quarter operating earnings at 65.5 billion won (US$51.6 million), down 91.2 percent from a year earlier. Revenue increased 5.2 percent on-year to 21.85 trillion won, marking a quarterly high, according to the earnings guidance released by the company. But it did not [...]
LAS VEGAS, Jan. 5 (Korea Bizwire) — It might not be so far in the future that you will be able to watch a movie on a rollable screen that is automatically extended downwards or check traffic or weather conditions on a transparent screen on a window while on the go. South Korean panel maker LG [...]
SEOUL, Jan. 6 (Korea Bizwire) — Samsung Electronics Co. said Friday its fourth-quarter operating profit likely plunged 69 percent from a year earlier due to sliding memory chip prices as an economic slowdown pummeled demand for IT gadgets and servers. The world’s largest memory chip and smartphone maker estimated its October-December operating profit at 4.3 [...]
SEOUL, Jan. 6 (Korea Bizwire) — LG Electronics Inc. said Thursday it will showcase a ‘creator room’ decorated with its premium home appliances and limited edition shoes at CES 2023. The creator room is decorated with a variety of modern home electronics such as the MoodUP refrigerator and smart steam clothing care system Styler, plus [...]
SEOUL, Jan. 6 (Korea Bizwire) — A new OLED panel manufactured by South Korean display maker Samsung Display Co. has received the industry’s first global certification for its ultra-high brightness of 2,000 nits. One nit is equal to the luminance of one candle per square meter. The display maker announced on Thursday that its smartphone [...]
LAS VEGAS, Jan. 5 (Korea Bizwire) — Hyundai Mobis Co., a major South Korean auto components maker, said Thursday it has joined hands with Qualcomm Technologies Inc. to develop a Level 3 self-driving controller using the U.S. chipmaker’s chips, as it seeks to bolster the mobility segment. Hyundai Mobis CEO Cho Sung-hwan made the announcement at [...]
LAS VEGAS, Jan. 5 (Korea Bizwire) — LG Electronics Inc. made efforts to present its potential through a wide range of products and solutions at CES 2023, its top executive said Thursday. “Now that the pandemic is over, we thought it is time to display our real products and solutions so that we can show our [...]
LAS VEGAS, Jan. 4 (Korea Bizwire) — LG Electronics Inc. returned to CES with a bang after its all-virtual presentation that required a separate app to watch left many visitors scratching their heads last year. At CES 2023, LG’s new 72-inch OLED TV became the talk of the town even before the global tech trade show [...]
LAS VEGAS, Jan. 4 (Korea Bizwire) — Samsung Electronics Co. on Wednesday brought attention to its efforts to make connected and sustainable homes a future way of life. During a press conference held a day before the official opening of the annual CES in Las Vegas, the South Korean tech giant shared its vision to create [...]