SEOUL, Oct. 19 (Korea Bizwire) — With the trend toward larger screen TVs accelerating, South Korea’s two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — are about to release new models with a screen size of about 100 inches. Samsung, which is leading the ultra large-sized TV market, is highly likely to [...]
SEOUL, July 16 (Korea Bizwire) — LG Electronics Inc. on Thursday unveiled a wireless screen that can easily be moved around one’s home, targeting the customer group who wants to spend time in their own spaces. The newly-unveiled LG StanbyME TV features a moving stand design that is distinguished from existing TVs. With wheels at [...]
SEOUL, March 23 (Korea Bizwire) — Global TV sales are expected to decline slightly this year, but shipments of premium TVs will grow, a report showed Tuesday, boding well for South Korean makers that lead the high-end sector. Global TV shipments are projected to reach 223.09 million units in 2021, according to market researcher Omdia, [...]
SEOUL, Dec. 31 (Korea Bizwire) — Time spent watching television increased throughout all age groups this year due to the coronavirus. TNMS, a Seoul-based company that tracks viewership, conducted a study of 9,000 people from 3,200 households, revealing that the average time spent daily watching TV per household was 9 hours and 3 minutes, up [...]
SEOUL, Dec. 4 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, said Thursday it will promote its premium home electronics brand LG Signature in collaboration with a group of foreign museums, ballets and opera theaters. Under terms of the agreement the company signed in October with the Pushkin State [...]
SEOUL, Oct. 8 (Korea Bizwire) — Samsung Electronics Co. said Thursday the music video of “Dynamite,” K-pop sensation BTS’ latest single, will be played on its TVs displayed at retail stores worldwide as the South Korean giant strengthens its marketing with the star boy band. Starting with more than 1,400 electronics shops in South Korea, [...]
SEOUL, Sept. 4 (Korea Bizwire) — Samsung Electronics Co. became the top player in the global TV and video streaming device market in the first quarter of the year, a report showed Thursday, as more people use internet video streaming services at home amid the pandemic. Samsung accounted for 14 percent of devices in use [...]
SEOUL, Aug. 20 (Korea Bizwire) — After remaining relatively COVID-19 free compared to the film and music industries, the broadcasting industry at last fell prey to the resurgence of coronavirus cases in the Seoul metropolitan area. CBS Radio, a Christian broadcasting station based in Seoul, shut down its studios after a reporter who appeared on [...]
SEOUL, June 16 (Korea Bizwire) — South Korea’s presence in the global TV market is expected to drop in the second quarter of the year as the virus pandemic significantly damaged its key markets, the United States and Europe, a report showed Tuesday, while Chinese makers were projected to make a relatively quick recovery. According [...]
SEOUL, June 5 (Korea Bizwire) — South Korea’s two largest electronics firms, Samsung Electronics Co. and LG Electronics Inc., have agreed to drop complaints against each other over a TV advertisement, the country’s corporate watchdog confirmed Friday. The Fair Trade Commission said it decided not to further process the complaint cases after the two companies [...]