SEOUL, Nov. 30 (Korea Bizwire) — South Korea’s top electronics makers, Samsung Electronics and LG Electronics, have been named among the most desirable employers in the United States, according to a new ranking by Forbes, underscoring the companies’ strong reputation in one of the world’s most competitive labor markets. Forbes, working with market research firm Statista, [...]
SEOUL, May 23 (Korea Bizwire) – South Korea’s tech giants Samsung Electronics and LG Electronics are once again locked in a high-stakes rivalry—this time over the booming market for all-in-one washer-dryers, dubbed by the industry as the “dream appliance.” The latest clash began when Samsung claimed during a media briefing Thursday that it holds a commanding [...]
SEOUL, Mar. 4 (Korea Bizwire) –Following their simultaneous unveiling of integrated washer-dryer units last month, Samsung Electronics and LG Electronics are poised for another face-off with the concurrent launch of their 2024 TV models. Amidst expectations of a market rebound focused on premium TVs after last year’s downturn, both tech giants are doubling down on [...]
SEOUL, Nov. 24 (Korea Bizwire) – The United States International Trade Commission (ITC) has recommended a 50 percent tariff rate on South Korean washing machine sold in the U.S. market, a move that could severely hamper sales for the likes of Samsung and LG. The recommendation by the ITC is widely interpreted among South Korean electronics [...]