SEOUL, Oct. 4 (Korea Bizwire) — South Korea’s home appliance makers are redoubling efforts to improve customer access to their products, aimed at enabling anyone, including physically handicapped people, elderly people and children, to use them more easily and conveniently. In early August, LG Electronics Inc. released a PuriCare Objet Collection water purifier using the [...]
SEOUL, Sept. 29 (Korea Bizwire) — Samsung Electronics Co. and Apple Inc. are focusing on the promotion of smartphones via offline experiential booths as they begin to concentrate on the high-yield premium smartphone market. Samsung has opened up Galaxy Studios at some 60 locations in the country, offering the public a chance to try out [...]
SEOUL, Sept. 28 (Korea Bizwire) — Samsung Group’s insurance affiliates said Wednesday they have signed a deal with U.S. asset management behemoth Blackstone Inc. to invest some US$650 million in alternative assets, such as real estate and infrastructure facilities. The two — Samsung Life Insurance Co. and Samsung Fire & Marine Insurance Co. — will [...]
SEOUL, Sept. 21 (Korea Bizwire) — Samsung Guide Dog School on Tuesday held a rehoming ceremony for eight guide dogs that were delivered to their visually-handicapped partners after completing training at a facility in Yongin, about 50 kilometers south of Seoul. They will begin a career in earnest as guide dogs after being delivered to [...]
SEOUL, Sept. 19 (Korea Bizwire) — An influential American consumer magazine listed a number of TVs made by LG Electronics Inc. and Samsung Electronics Co. on the Best Big-Screen TV list. U.S. Consumer Reports recommended 11 TVs with a 70-inch screen or larger, sorting them into categories of ‘top-performing’, ‘mid-priced’ and ‘lower-priced’ based on the [...]
SEOUL, Sept. 10 (Korea Bizwire) — Following Apple Inc.’s unveiling of the new iPhone 14 series on Wednesday, Samsung Electronics Co. posted a message online targeting Apple’s newest product. The South Korean tech giant’s U.S. branch said in a tweet to “Let us know when it folds”, hinting at Apple’s lack of innovation in the [...]
BERLIN, Sept. 4 (Korea Bizwire) — Making a new hinge mechanism that is slimmer and lighter while maintaining its sturdiness was one of the greatest challenges in the development of the latest foldable phones, a Samsung executive has said. “There are two core elements needed to produce a successful foldable phone: a flexible and foldable [...]
SEOUL, May 19 (Korea Bizwire) — South Korea’s two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — are intensifying their competition in the beam projector market. LG on Wednesday signed an agreement with Kim Caddie, a golf booking service platform. Based on the agreement, LG expects to supply LG ProBeam laser projectors [...]
SEOUL, May 5 (Korea Bizwire) — In the midst of a decline in the average age of stock investors, the number of Samsung Electronics Co. shareholders who are under 20 years old is rising at a rapid pace, data showed Wednesday. The number of small shareholders in global tech giant in this age group totaled [...]
SEOUL, May 4 (Korea Bizwire) — Global tech giant Samsung Electronics Co. retained the No. 1 spot on the list of South Korea’s top 500 firms by sales, with 39 businesses newly making the list, a corporate tracker said Wednesday. Samsung Electronics, the flagship unit of South Korea’s leading family-controlled conglomerate Samsung Group, remained the [...]