SEOUL, Mar. 8 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc., the world’s top-two TV makers, are staging a pitched battle to clinch a bigger slice of the global high-end TV market, which has been fast growing in recent years, industry sources Thursday. In an extravagant showcase event in New York, global tech [...]
SEOUL, Aug. 30 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has partnered with Bang & Olufsen (B&O) to adopt the Danish company’s audio solution for its organic light-emitting diode (OLED) TVs starting in September. The tie-up can improve the audio experience of LG TV users and is in line with the steps to [...]
SEOUL, Aug. 25 (Korea Bizwire) — TV commercials from local loan companies have been a source of consternation for at least a decade in South Korea. In 2007, due to increased voices calling for regulation, the government banned loan commercials from all broadcast TV channels. Improving technology such as cable and satellite TV soon allowed [...]
SEOUL, June 5 (Korea Bizwire) – South Korea is one of the nations in which the least amount of video is watched in the world, industrial sources said Sunday, citing global research agency Kantar Millward Brown. Of the 41 countries and Hong Kong covered in the agency’s report titled “AD Reaction: Video Creative in a [...]
SEOUL, June 1 (Korea Bizwire) – The Korea Broadcasters Association announced on Wednesday the launch of ultra-high-definition broadcasts by three major broadcasters – KBS, MBC and SBS. UHD broadcasts provide four times the resolution of the current high-definition broadcasts, and viewers can experience various IP-based services when they connect their TVs to the Internet, officials [...]
SEOUL, May 12 (Korea Bizwire) – South Korean mobile carriers’ Internet-based TV businesses have emerged as their stable source of profit on the back of an increase in the number of subscribers, data by the companies showed Friday. The country’s three mobile carriers — SK Telecom Co., KT Corp. and LG Uplus Corp. — saw [...]
SEOUL, May 4 (Korea Bizwire) – Strong sales of premium products allowed LG Electronics to beat out its main rival Samsung Electronics in the first-quarter TV market earnings race, data showed Wednesday. According to LG, its Home Entertainment (HE) division, which focuses on TVs, posted a record-high operating profit of 382.2 billion won (US$338 million) [...]
SEOUL, April 23 (Korea Bizwire) – South Korea successfully showcased its ultra-high-definition (UHD) television broadcasting technology at an annual media convention now being held in Las Vegas, Seoul’s science ministry said Sunday. The Ministry of Science, ICT and Future Planning said it promoted the country’s UHD TV broadcasting technology at the National Association of Broadcasters [...]
SEOUL, Apr. 3 (Korea Bizwire) — Samsung Electronics Co.’s global market share in DRAMs and TVs rose in 2016, while it lost ground in mobile phones and displays, the company’s business report showed Sunday. The report based on data collected by various market researchers said the tech giant controlled 21.6 percent of the TV market last [...]
SEOUL, March 30 (Korea Bizwire) – Generation Z, those aged from 13 to 24, were the biggest users of Google’s video streaming platform by a large margin compared to other age groups in South Korea, according to a recent study from Nielsen KoreanClick. In Nielsen’s study of mobile application use by generation, 86 percent of [...]