SEOUL, Oct. 21 (Korea Bizwire) – Samsung Electronics has reported a significant increase in sales of its ultra-large televisions, indicating a shift in consumer preferences towards bigger screens regardless of living space constraints. According to data released by Samsung on October 20, sales of TVs 80 inches and larger have grown by approximately 15% in the [...]
SEOUL, Aug. 16 (Korea Bizwire) – In a bold vision for the future of television technology, Samsung Electronics is betting big on artificial intelligence to transform the viewing experience and revolutionize home connectivity. Yong Seok-woo, President of Samsung’s Visual Display Business, announced on August 15 that the company aims to “open up new experiences with AI [...]
SEOUL, Aug. 15 (Korea Bizwire) – In an era dominated by digital streaming, South Korean young adults are bucking global trends by maintaining a strong connection to traditional television viewing. A recent survey reveals that about 70% of South Koreans in their 20s regularly watch video content on TV, dedicating an average of 132 minutes per [...]
SEOUL, Aug. 14 (Korea Bizwire) – Turkey is rapidly becoming a pivotal distribution channel for Korean and Japanese television dramas, reshaping the global entertainment landscape. As the world’s third-largest exporter of TV series, trailing only the United States and the United Kingdom, Turkish producers are increasingly turning to foreign dramas for inspiration, creating innovative content that [...]
SEOUL, Jul. 4 (Korea Bizwire) – The South Korean TV home shopping industry is facing a severe downturn with broadcast revenue plummeting to a five-year low, reflecting the ongoing decline in television viewership. This slump comes amid rising transmission fees, further squeezing the industry’s profitability. According to a report released by the Korea TV Home Shopping [...]
SEOUL, Jun. 17 (Korea Bizwire) – A recent study by KT Corporation has revealed that more than half of single-person households in South Korea engage in simultaneous television viewing and mobile device usage, seamlessly combining entertainment with information gathering and online shopping. On June 13, KT announced the findings after analyzing big data from 3 million [...]
SEOUL, Mar. 18 (Korea Bizwire) – With Samsung Electronics and LG Electronics unveiling their new flagship TV lineups and premium all-in-one washer-dryer combos for 2024, the fierce rivals have engaged in an increasingly acrimonious marketing battle, taking thinly veiled shots at each other’s claims of superiority. The dispute began when Han Jong-hee, the CEO of Samsung’s [...]
SEOUL, Sept. 13 (Korea Bizwire) — Seoul is gaining prominence as a creation stage for ‘K-content,’ with an increasing number of movies and TV shows choosing the city as their backdrop. The Seoul Metropolitan Government announced on Tuesday that the number of feature-length and short films, as well as TV dramas seeking support for filming in the [...]
SEOUL, Sept. 5 (Korea Bizwire) — In the global premium TV market, Samsung Electronics Co. and LG Electronics Inc., two major players, have long engaged in a competitive battle for supremacy at IFA, the world’s largest consumer electronics and home appliances trade show, widely seen as the annual “TV battleground.” Their rivalry has manifested in [...]
BERLIN, Sept. 3 (Korea Bizwire) — LG Electronics Inc.’s high-end OLED TVs have been faring well despite the overall TV market slump caused by macroeconomic woes, an LG executive has said at the IFA tech trade show in Berlin. “Despite the war (between Russia and Ukraine) and economic difficulties in Europe, the OLED TV market [...]