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A Tale of Two Executives for Samsung, LG’s North American Operations

A Tale of Two Executives for Samsung, LG’s North American Operations

SEOUL, Nov. 9 (Korea Bizwire) – Changes in leadership for the U.S. branches of Samsung and LG are causing a minor stir in industry circles as speculation that the former’s success may have been a factor in the latter’s decision.  On November 9, it was reported that LG Senior VP of Home Appliance Sales John [...]

LG Rolls Out Assistant Robots at Starfield Hanam

LG Rolls Out Assistant Robots at Starfield Hanam

SEOUL, Nov. 9 (Korea Bizwire) — LG Electronics is introducing assistant robots at one of the biggest shopping malls in South Korea. The robots will be serving as helpers to provide information to visitors and help them locate stores and other facilities at the mall. “Two of our assistant robots have been deployed for an on-site [...]

S. Korean TVs Win Top Spots in U.S. Consumer Review

S. Korean TVs Win Top Spots in U.S. Consumer Review

SEOUL, Nov. 7 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc.’s Ultra-HD (UHD) television sets won top evaluations from a U.S. consumer magazine, industry sources said Tuesday. Based on its research on the resolution, audio and other features of 250 high-end TVs in the market, Consumer Reports named LG Electronics’ Signature OLED TV [...]

LG Preparing for All Possibilities, Tougher U.S. Market Barriers

LG Preparing for All Possibilities, Tougher U.S. Market Barriers

SEOUL, Nov. 7 (Korea Bizwire) — LG Electronics Inc. said Tuesday it is preparing for all possibilities amid concerns that the United States may come up with tougher protectionism policies against foreign home appliances. Washington’s International Trade Commission concluded last month that washing machines produced overseas by South Korean firms, including LG Electronics, are hurting [...]

S. Korea to Run Billboard Campaign to Promote Korean Cultural Heritage in London

S. Korea to Run Billboard Campaign to Promote Korean Cultural Heritage in London

SEOUL, Nov. 6 (Korea Bizwire) – Starting Monday, Korean cultural heritage will be featured on a huge billboard at Piccadilly Circus, one of the most popular areas of London, the South Korean government has said. The one-minute-long advertisement will run on the billboard owned by LG Electronics in the square 48 times a day till Nov. 30, the Cultural Heritage Administration (CHA) said. The video [...]

Samsung Electronics Says OLED Displays Not Suitable for TVs

Samsung Electronics Says OLED Displays Not Suitable for TVs

SEOUL, Oct. 24 (Korea Bizwire) — Samsung Electronics Co. said Tuesday the organic light-emitting diode (OLED) technology is not suitable for use on television sets, apparently targeting its main rival LG Electronics Inc. while promoting its own QLED screens. The statement follows a YouTube video posted by the South Korean giant earlier, which also criticized [...]

KB Financial, LG Electronics Most Favored by Foreign Investors This Year

KB Financial, LG Electronics Most Favored by Foreign Investors This Year

SEOUL, Oct. 23 (Korea Bizwire) — KB Financial Group, LG Electronics and Samsung SDI were among the top picks by foreign investors through October, which have enjoyed decent gains far exceeding the market-average returns, industry data showed Sunday. According to the data compiled by market tracker FNGuide, foreign investors have scooped up KB Financial Group [...]

Samsung and LG Say Whirlpool’s Call for Safeguard Tariff Could Hurt Consumer Choice

Samsung and LG Say Whirlpool’s Call for Safeguard Tariff Could Hurt Consumer Choice

SEOUL, Oct. 20 (Korea Bizwire) — South Korean consumer electronics producers Samsung and LG have said American refrigerator manufacturer Whirlpool’s growing calls for U.S. trade authorities to impose safeguard tariffs on its rivals could restrict choices for consumers. The two South Korean electronics giants are increasingly having to defend their position in the U.S. refrigerator market [...]