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, July 2 (Korea Bizwire) — Samsung Electronics is presumed to be putting more focus on its latest smartphone, the Galaxy S6 Edge, the variant of the Galaxy S6, documents showed Thursday, as it won a trademark for the “S6 EDGE+” earlier this week. According to the documents posted by the United States Patent and [...]
SEOUL, July 1 (Korea Bizwire) – Samsung Electronics, South Korea’s top tech giant, saw its presence in the Southeast Asian smartphone market decline in the first quarter despite increased shipments, data showed Wednesday, as Chinese rivals took up more of the fast-growing region with budget models. Samsung’s smartphone sales in the region rose 28 percent on-year [...]
SEOUL, Jun. 29 (Korea Bizwire) — South Korea’s top tech giant Samsung Electronics Co. said Monday it has sold 1 million units of its Tizen-powered smartphones, casting a brighter outlook over the non-Android operating system. Samsung’s Indian subsidiary said the sales of the Z1, which hit shelves in India, Bangladesh and Sri Lanka in January [...]
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 26 (Korea Bizwire) – Samsung Electronics has developed a breakthrough technology doubling the capacity of lithium-ion batteries with silicon carbide-free graphene coating, which could bring significant changes to mobile devices and electric cars. Firstly commercialized in 1991, the capacity of lithium-ion batteries has increased only twofold in more than 20 years with a limitation in [...]
SEOUL, June 25 (Korea Bizwire) — Naver, South Korea’s top Internet portal operator, said Thursday it has started a mobile payment service as part of a push into the fast-growing online platform business for e-commerce. Naver Pay, available starting Thursday, allows users to pay for an item online only with their Naver IDs, a stark [...]
SEOUL, June 25 (Korea Bizwire) — U.S. tech giant Apple is set to release its first smartwatch in the South Korean market later this week, facing off with its archrival Samsung Electronics in the wearable device segment, industry sources said Thursday. Released in the United States in April, the Apple Watch has been gathering popularity abroad, with industry [...]
SEOUL, June 24 (Korea Bizwire) – Twenty weeks after its debut in the Korean market, sales of Samsung Electronics’ “Active Wash” passed the 100,000 mark. According to the electronics giant, one of its fully automatic washing machines was sold every two minutes in Korea after its official release on February 4. The machine grabbed the [...]
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 [...]