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LG’s Global Reputation Ranking Surpasses Samsung, Amazon, Apple: Report

LG’s Global Reputation Ranking Surpasses Samsung, Amazon, Apple: Report

SEOUL, Mar. 10 (Korea Bizwire) — South Korean electronics, chemical and telecommunication conglomerate LG’s global reputation outpaced such household names as Samsung, Amazon and Apple, an international corporate assessment report showed Sunday. According to Reputation Institute’s 2019 Global RepTrak 100, LG ranked 48th, making the top 50 list for the second year in a row. [...]

Samsung Showcases Air Dresser Clothes Refresher, Challenges LG

Samsung Showcases Air Dresser Clothes Refresher, Challenges LG

SEOUL, Aug. 21 (Korea Bizwire) — Samsung Electronics Co. on Tuesday showcased a new garment care appliance that allows users to remove dust and odor at home, seeking to take a slice of the market from LG Electronics Inc.’s Styler, which has dominated the segment. The tech giant’s release of a clothes refresher apparently came [...]

LG Group to Expand Education Programs for Bilingual Teenagers

LG Group to Expand Education Programs for Bilingual Teenagers

SEOUL, Jun. 27 (Korea Bizwire) — LG Foundation, a charity organization under the South Korean conglomerate LG Group, said Wednesday it will expand the scope of its existing education program for bilingual students amid the rise of international marriages in the country. LG said it partnered with the education ministry and Hankuk University of Foreign [...]

LG to Break Tradition of First Releasing Handsets in Home Market

LG to Break Tradition of First Releasing Handsets in Home Market

SEOUL, May 31 (Korea Bizwire) — LG Electronics Inc. is set to break away from its traditional sales strategy of launching smartphones at home first and then expanding the release to overseas markets, industry watchers said Thursday. The outlook came as the South Korean tech giant, which wants to customize sales plans for individual countries, [...]

Samsung Expands Presence, LG Loses Ground in N. American Smartphone Market

Samsung Expands Presence, LG Loses Ground in N. American Smartphone Market

SEOUL, May 4 (Korea Bizwire) — Samsung Electronics Co. saw its market share in the North American smartphone market increase in the first quarter compared to the year before, data showed Friday, while its smaller South Korean rival LG Electronics Inc. lost ground. According to the report by industry tracker Strategy Analytics, Samsung took 28.6 [...]

Demand for Larger TVs Growing in S. Korea

Demand for Larger TVs Growing in S. Korea

SEOUL, Apr. 19 (Korea Bizwire) — The demand for larger television sets has been growing over the past few years in South Korea, industry data showed Thursday, alongside lower average prices. Industry data showed the average size of Samsung Electronics Co.’s TVs sold in the country came to 54 inches last year, up sharply from [...]