SEOUL, Aug. 5 (Korea Bizwire) – China’s fast growth has been both a boon and a bane to the Korean economy. While Korea has grown heavily dependent on Chinese consumption, China’s rapid development has also threatened many Korean businesses, both big and small, and Korean companies that used to underrate Chinese technology and made-in-China products [...]
SEOUL, June 16 (Korea Bizwire) – Samsung Display Co., an affiliate of tech giant Samsung Electronics Co., dominated the global small and mid-size active mode organic light-emitting diode (AMOLED) display market in the first quarter of the year, industry data showed Thursday. The South Korean panel cemented its supremacy with a 30.6 percent presence in [...]
SEOUL, May 26 (Korea Bizwire) – Organic light-emitting diode (OLED) display panels are forecast to replace liquid crystal display (LCD) panels for smartphones, as Apple Inc. and other smartphone makers are moving to equip their smartphones with OLED display panels, reports showed Thursday. The global shipments of OLED display panels are expected to soar to [...]
SEOUL, May 23 (Korea Bizwire) – South Korea’s panel makers — Samsung Display Co. and LG Display Co. — will showcase their new flagship AMOLED and OLED products in San Francisco this week, company officials said Monday. The two are joining the Display Week event, hosted by the Society for Information Display (SID), to last through Friday [...]
SEOUL, March 3 (Korea Bizwire) – While the retail sector in general is going through tough times amid the economic slowdown, convenience stores and online shopping websites — especially those dedicated to mobile users — are weathering the storm, with consistent double digit growth rates. Not surprisingly, there is a secret to their ability to outperform [...]
SEOUL, Nov. 6 (Korea Bizwire) – Corning Inc. plans to invest 900 billion won, or about US$835.6 million, to increase its production volume in South Korea. It will also invest another 10 billion won to establish a research and development center in Korea for the first time. Corning announced on November 4 that its CEO Wendell [...]
SEOUL, Oct. 29 (Korea Bizwire) – LG Electronics announced on October 28 that it would drop its Plasma Display Panel(PDP) business, as rising popularity of LCD and OLED products, mainstay in global display market, makes the business of plasma TVs increasingly unviable. The main reason for LG Electronics to discontinue the production of plasma TVs [...]