SEOUL, Aug. 26 (Korea Bizwire) – Samsung Electronics Co. and LG Electronics Inc. will showcase their latest developments, gadgets and smart home appliances at next month’s consumer electronics fair in Berlin, according to company officials on Friday. The annual IFA fair, to be held in Berlin from Sept. 2-7, will bring together about 240,000 participants [...]
SEOUL, Aug. 23 (Korea Bizwire) – LG Electronics unveiled four models of its latest Bluetooth speakers Tuesday. The PH2 and PH4 are best suited for outdoor activities, with waterproof features and straps that can be used to hang them on various items like backpacks, bicycles and tents. And while the PH2 is the most mobile, [...]
HANOI, Vietnam, Aug. 9 (Korea Bizwire) – Vietnam is becoming an increasingly attractive manufacturing location for Korean electronics makers. “Labor costs in Vietnam are inexpensive, with a labor force more than 54 million strong. The conditions for industrial investment are still good,” said Park Byeong-guk, vice director of the Korea Trade-Investment Promotion Agency’s regional branch [...]
SEOUL, July 28 (Korea Bizwire) – LG Electronics Inc. posted its biggest quarterly operating profit in two years for the second quarter of this year, backed by strong sales of its home appliances and televisions. LG Electronics reported an operating profit of 584.6 billion won (US$519.6 million) in the April-June period, up 139.5 percent from [...]
SEOUL, July 19 (Korea Bizwire) — Many companies within the home appliances industry are expanding their product lines to include more kitchen appliances, as family activities and lifestyle patterns have evolved to take place more in the kitchen rather than in the living room. According to an industry official, the kitchen has transformed to become [...]
SEOUL, May 31 (Korea Bizwire) – LG Electronics has long been criticized for its ‘humble’ marketing strategies despite launching products with class-leading features. However, the global electronics giant is now challenging the accusations with radical marketing campaigns. LG recently invited Sierra Blair-Coyle, a professional rock climber, to climb a 33-storey building using only the vacuuming [...]
SEOUL, May 31 (Korea Bizwire) – LG Electronics announced Tuesday the release of a new tablet dubbed the G Pad III 8.0. The new G Pad III is a tablet best optimized for multimedia education, such as online lectures and book reading. The device has an 8-inch full HD (1,920 x 1,200 pixels) IPS display, [...]
INCHEON, May 23 (Korea Bizwire) – Sierra Blair-Coyle is a professional rock climber and a two-time U.S. National Champion climber. But she decided to climb something extraordinary using devices that are more commonly used around the house. She conquered a 33-storey building (140m), using only the vacuuming power of LG’s latest CordZero vacuum cleaner. It [...]
SEOUL, May 23 (Korea Bizwire) – Domestic electronics companies have not been able to escape the slow growth in the IT electronics industry. Total sales at the top 1,000 electronics companies have dropped by 11 trillion won in the past year, and 80 percent of all sales came from the ten ‘trillion-club’ companies. According to [...]
SEOUL, May 17 (Korea Bizwire) — South Korea’s top tech giants and mobile carriers promoted their latest technology at the World IT Show (WIS), which opened in Seoul on Tuesday to showcase smart solutions to everyday life. More than 450 technology firms from home and abroad are participating in the annual event scheduled to continue [...]