SEOUL, July 8 (Korea Bizwire) – Nearly 4 in 5 people in South Korea own a smartphone, making it the country with the fourth-highest smartphone penetration rate in the world, industry data showed Wednesday. Asia’s fourth-largest economy saw its smartphone penetration rate reach 83 percent as of end-March, according to the data compiled by Digieco, [...]
SEOUL, July 6 (Korea Bizwire) – As the OLED TV market is growing fast with almost 400,000 units expected to be sold this year, LG Electronics is leading the way with an overwhelming share of almost 90 percent. According to DisplaySearch data quoted by the Institute for Information and Communications Technology Promotion on July 5, the OLED [...]
SEOUL, Jul. 6 (Korea Bizwire) — LG Electronics has received more than 26,000 photographs taken by LG’s smartphones for the 3rd LG Mobile Photography Competition, in the one month since the release of the LG G4. The competition has been ongoing since 2013, and this year’s contest saw the number of entries triple from last [...]
SEOUL, July 3 (Korea Bizwire) – South Korea’s top handset brands such as Samsung and LG have sold more devices on their home soil this year despite a controversial subsidy law, but their profitability is presumed to have slipped due to less sales of high-end smartphones, data showed on Friday. Samsung Electronics, the country’s top [...]
SEOUL, Jul. 2 (Korea Bizwire) ― LG Electronics (LG) announced that it has sold its 10 millionth LG TONE™ Series Bluetooth headset globally since launching the series in October of 2010. With this achievement, LG is now the number one wireless Bluetooth headset brand in the United States in terms of units sold. LG developed [...]
SEOUL, June 28 (Korea Bizwire) — LG Chem, South Korea’s leading chemical and battery maker, said Sunday it has developed the world’s first hexagonal battery for smartwatches, adding its mass production will begin in the near future. The company said the hexagon-shaped model boasts 25 percent higher capacity compared to traditional rectangular versions, allowing users [...]
SEOUL, June 24 (Korea Bizwire) – LG Electronics, South Korea’s No. 2 tech giant, said Wednesday it will roll out this week a budget smartphone with a high-performance camera and speakers with a price tag of around 394,800 won (US$356.56). Dubbed the LG Band Play, the smartphone comes with a 13-megapixel rear camera and a [...]
SEOUL, June 23 (Korea Bizwire) – Among the top 10 richest cities in 2025 in terms of GDP per capita, Hwaseong (4th), Asan (5th) and Yeosu (9th) in Korean were included in a report from McKinsey & Company. Recently, CNN Money posted a story titled “These cities will be very rich in 10 years”, quoting the study conducted by [...]
SEOUL, June 19 (Korea Bizwire) — Korean consumers are most frequently content with Apple‘s iPhone, while LG Electronics‘ smartphones and Samsung’s Galaxy series came in second and third respectively, according to a report from Consumer Insight published on June 18. Korean consumers who purchased smartphones within the past 6 months rated their phones in terms [...]
SEJONG, June 9 (Korea Bizwire) — Job creation by South Korean listed companies has plunged over the past four years as weak demand force them to scale back investment and hiring, data showed Tuesday. According to the data by Statistics Korea and market research FnGuide, listed companies offered some six jobs for every 100 positions [...]