SEOUL, Nov. 11 (Korea Bizwire) – Samsung Electronics Co. and LG Electronics Inc., South Korea’s top two tech firms, said Wednesday that they have garnered international awards for some of their latest home appliances, mobile devices and memory chips. Samsung won the Best of Innovation award for a total of 38 products, including the most [...]
SEOUL, Oct. 30 (Korea Bizwire) – After the performance of LG Electronics during the second quarter was announced (200 million won in business profits), company officials anticipated that profitability would improve as the new G4 smartphone launched worldwide. However, their dreams were shattered as concerns expressed by analysts became reality. The performance of LG Electronics [...]
SEOUL, Oct. 20 (Korea Bizwire) – Samsung SDI Co. and LG Chem Co., South Korea’s two major battery makers, are expanding their product portfolios into flexible cells for wearable devices, a move seen to meet increasing global demand for bendable gadgets such as smartwatches. The two battery-making units of Samsung Group and LG Group said [...]
SEOUL, Oct. 19 (Yonhap) - LG Electronics Inc. said Sunday it has begun selling its latest Bluetooth-powered keyboard that works on tablet PCs with excellent power efficiency. The Rolly Keyboard, which boasts improved portability compared to other Bluetooth keyboards in the market as it can be “rolled up” on a rectangular stick, will come with a price tag of 129,000 won (US$113.10). LG said users [...]
SEOUL, Sept. 14 (Korea Bizwire) - Global TV shipments fell at the fastest clip insix years in the second quarter of the year, hit by the sluggish world economy and weaker currencies of emerging countries, industry data showed Sunday. Global TV sales stood at 48 million units in the April-June period, down 8percent from the same period a year earlier, according to the data by industry tracker IHS Technology. It [...]
SEOUL, Aug. 27 (Korea Bizwire) — South Korea’s No. 2 mobile carrier KT Corp. on Thursday unveiled what it claims is the industry’s first IPTV set top box-embedded PC allowing users to reduce space and enjoy various multimedia contents. Developed under collaboration with local tech firm LG Electronics Inc., the device allows users to switch [...]
“Automobiles are evolving in the display, communications, electronics and analog, and mechanical compressor sectors through intellectualization and convergence. We expect meaningful opportunities in the sector in the near future.” “When it comes to convergence, we see much opportunity and growth potential. We expect that some products in the vehicle components sector can bring results. We [...]
SEOUL, July 30 (Korea Bizwire) – The second quarter report from LG’s MC headquarters (in charge of smartphones) has been revealed. MC headquarters were said to be responsible for bringing down the stock price of LG Electronics. Cutting to the chase, it was a broke trade, where they sold a lot but didn’t get much [...]
SEOUL, July 29 (Korea Bizwire) – LG Electronics Inc., South Korea’s No. 2 tech giant, said Wednesday its second-quarter net profit tumbled 45 percent on-year due to lackluster sales of its flagship G4 smartphone and unfavorable currency rates. Net profit came to 226.4 billion won (US$195.7 million) in the April-June period, compared with 411.8 billion [...]
SEOUL, Apr. 17 (Korea Bizwire) — The Korean government has finally had enough of the three major mobile carriers’ habitual practice of collecting fingerprint information by scanning the back of customers’ ID cards as an identity verification measure. Fingerprint information is found on the back of all Korean ID cards, and the total number of [...]