SEOUL, Mar. 2 (Korea Bizwire) — Samsung Electronics Co. dominated the global TV market for the 10th consecutive year in 2015, data showed Tuesday, on the back of the strong performance of its high-end models. Samsung took up 27.5 percent of the global TV market in terms of sales and 21 percent in shipments last [...]
SEOUL, Dec. 21 (Korea Bizwire) — Preorders for the brand new Genesis EQ900 premium sedan unveiled early this month in South Korea will likely surpass the 15,000 mark a month after being unveiled, Hyundai Motor Co. said Sunday. South Korea’s No. 1 carmaker, which announced its plan to make Genesis a high-end standalone sub-brand last [...]
SEOUL, Nov. 8 (Korea Bizwire) — South Korean companies’ share of the global mobile dynamic random access memory (DRAM) chip market hit an all-time high in the third quarter of the year, far outpacing their rivals, data showed Sunday. Samsung Electronics Co. accounted for 56.9 percent of global mobile DRAM sales in the July-September period, [...]
SEOUL, Nov. 8 (Korea Bizwire) — South Korean tech behemoth Samsung Electronics Co. became the top smartphone seller in five major regions of the world in the third quarter of the year except in North America, where its archrival Apple Inc. dominated, a report showed Sunday. In the July-September period, Samsung posted the largest smartphone [...]
SEJONG, Oct. 29 (Korea Bizwire) — South Korea’s state-run power monopoly said Thursday that it has inked a smart grid system deal with Dubai that can lead to more business opportunities down the road. The US$3 million agreement with Dubai Electricity & Water Authority (DEWA) signed in the United Arab Emirates is the first smart [...]
SEOUL, Oct. 15 (Korea Bizwire) — Lotte Chemical Corp., the petrochemical unit of South Korea’s No. 5 conglomerate Lotte Group, said Thursday it has completed the construction of a gas chemical complex in Uzbekistan, a major overseas project it has pursued as part of an effort to diversify profit sources. The joint development project, dubbed [...]
SEJONG/GWANGJU, Oct. 15 (Korea Bizwire) — The first international power technology exposition in South Korea is expected to fuel exports and expand cooperative tieups between energy sector operators, the state power monopoly said Thursday. The Bitgaram International Exposition of Electric Technology (BIXPO), which ran from Monday through Wednesday in the city of Gwangju, 330 kilometers [...]
SEOUL, Sept. 25 (Korea Bizwire) — South Korea’s top carmaker, Hyundai Motor Co., said Friday that the latest editions of its Tucson sport utility vehicle (SUV) and the Sonata midsize family sedan have been named two of the safest cars by a U.S. motor institute. The two updated models won the Insurance Institute for Highway [...]
SEOUL, Jul. 28 (Korea Bizwire) — South Korea’s top tech giant, Samsung Electronics Co., topped the Indian smartphone market in the second quarter of 2015, data showed Tuesday, on robust sales of its first Tizen-powered handset released earlier this year. Samsung accounted for 24.5 percent of the Indian smartphone market in the April-June period, hovering [...]
SEOUL, Jun. 29 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics Co. said Monday it has sold 1 million units of its Tizen-powered smartphones, casting a brighter outlook over the non-Android operating system. Samsung’s Indian subsidiary said the sales of the Z1, which hit shelves in India, Bangladesh and Sri Lanka in January [...]