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Samsung-LG Rivalry Extended after Neck-And-Neck Performance in Q2

Samsung-LG Rivalry Extended after Neck-And-Neck Performance in Q2

SEOUL, July 29 (Korea Bizwire) – Samsung Electronics and LG Electronics, South Korea’s two top tech firms competing in the global market, will have to wait until next quarter to see who the winner is in the home appliances sector after their latest operating profit rates showed a tie, industry watchers said Friday.  Samsung announced [...]

LG Electronics Introduces ‘Smart Sensor’ for Home Appliances

LG Electronics Introduces ‘Smart Sensor’ for Home Appliances

SEOUL, June 21 (Korea Bizwire) – South Korean home appliance maker LG Electronics Co. introduced a set of brand new devices Monday that are able to transform conventional household appliances into smart and connected devices which can interact with the latest mobile communication devices.  They are SmartThinQ sensors and SmartThinQ Hub.  The smart sensor is [...]

Xiaomi Opens First Offline Store in Seoul

Xiaomi Opens First Offline Store in Seoul

SEOUL, June 9 (Korea Bizwire) – Chinese tech giant Xiaomi took another step forward in its Korean operations by opening its first offline store in Seoul inside the Yongsan Electronics Market, one of the largest retail areas in Korea that houses some 5,000 electronics stores.  To celebrate its grand opening, Xiaomi has organized various events [...]

Chinese Electronics Threaten Domestic Manufacturers

Chinese Electronics Threaten Domestic Manufacturers

SEOUL, Jan.7 (Korea Bizwire) – Chinese electronics, which have often been thought of as cheap in price, but also in quality, have moved into the spotlight. Sales of Chinese smartphones and small smart devices are on a rapid rise due to reasonable prices and decent performance. Two Chinese manufacturers, Xiaomi and Huawei, are leading the [...]

Retailers Slash Electronics Prices for Black Friday

Retailers Slash Electronics Prices for Black Friday

SEOUL, Nov.19 (Korea Bizwire) – The ‘original’ Black Friday is just 10 days away, drawing the attention of Korean ‘direct overseas shoppers’ as well as local consumers. After Black Friday, which falls on November 27, and Cyber Monday on November 30, huge sales will continue until the end of the year. During this period, consumers [...]