SEOUL, Sept. 22 (Korea Bizwire) — Demand for large home appliances is rising as families are spending more time at home to work and study remotely following the coronavirus outbreak. Electronics appliance retailer ETLand reported that between Feb. 1-Sept. 18 drum washing machines with a capacity of more than 21 kilograms saw sales jump by [...]
SEOUL, July 20 (Korea Bizwire) — The changing patterns of daily life and economic measures that have accompanied the onset of the coronavirus pandemic have resulted in higher sales of cars, home appliances and furniture this year. The Korea Insurance Research Institute reported Sunday that car purchases in April and May were up 20.8 percent [...]
SEOUL, June 24 (Korea Bizwire) — Clothing care appliances rank at the top on the list of household appliances Korean consumers most desire, a survey showed Tuesday. Market analysis firm Open Survey revealed the results of an online survey it conducted with the participation of 1,000 Korean consumers aged from 20 to 59 between June [...]
SEOUL, April 23 (Korea Bizwire) — Noiseless digital products are growing in popularity as more people are expressing frustration over noises caused by home appliances. Wemakeprice Inc., a local open market operator, said Wednesday that sales of silent IT and home appliances have increased over the last two years. IT devices for the workplace were [...]
SEOUL, Feb. 21 (Korea Bizwire) — Married couples last year were found to have spent less on wedding gifts and ceremony, and paid more attention to buying home appliances instead. According to a survey of 400 men and women in their 20s and 30s who got married last year by LOTTE Members, the operator of [...]
SEOUL, Jan. 21 (Korea Bizwire) — South Korea’s two tech giants — Samsung Electronics Co. and LG Electronics Inc. — said Tuesday they will unveil their new home appliance products at a U.S. trade show for the kitchen and bath market, highlighting their built-in design and artificial intelligence (AI) solutions. Samsung and LG are among [...]
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, 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, Mar. 6 (Korea Bizwire) — Worsening fine dust pollution has changed the sales rankings of home appliances over the past three years as more people buy air purifiers and clothes dryers, industry data showed Wednesday. According to leading discount retailer E-Mart, sales of home appliances related to air pollution have jumped over the past [...]
SEOUL, Aug. 3 (Korea Bizwire) — LG Electronics Inc. profited more for every home appliance sold in the first half of 2018 compared with its bigger rival Samsung Electronics Co., industry data showed Friday. Samsung Electronics posted sales of 20.1 trillion won (US$17.8 billion) over the January-June period for the home appliances segment, above LG [...]