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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
SEOUL, April 16 (Korea Bizwire) — Samsung and LG are reportedly considering ending the production of 40-inch screens in China amid a mushrooming Sino-American trade war. According to sources close to the industry, the two South Korean electronics companies are toying with the idea of moving production lines of 40-inch LCD screens after the U.S. government [...]
SEOUL, Apr. 3 (Korea Bizwire) — LG Electronics Inc. said Tuesday it clinched a contract with South Korea’s popular K-pop band BTS to promote its smartphones in the global market. Under the agreement, BTS will promote LG Electronics’ smartphones, including a new flagship model expected to be unveiled in June, through advertisements and various other [...]
SEOUL, Mar. 29 (Korea Bizwire) — Global tech manufactures have been cutting costs of premium televisions recently amid the escalating competition in the global market, industry watchers said Thursday. Samsung Electronics Co., which has been promoting QLED TVs, reduced the price of its 55-inch QLED TV, the QN55Q7FN, to US$1,900, down 24 percent from $2,500. [...]
SEOUL, Mar. 20 (Korea Bizwire) – The quality of smartphone manufacturers’ warranty services provided in South Korea fall behind those of other countries despite the average sales prices being higher here, industry watchers said Tuesday. Samsung Electronics Co. is currently preparing the launch of the so-called Samsung Mobile Care service in South Korea, where users can [...]
SEOUL, Mar. 14 (Korea Bizwire) — South Korea has the world’s second-highest average smartphone selling price, data showed Wednesday, apparently due to the strong popularity of high-end flagships. According to the data compiled by Strategy Analytics, the wholesale average selling price of smartphones in South Korea came to US$466 last year, standing only below Japan [...]