SEOUL, Jan.19 (Korea Bizwire) – ZMI, an affiliate of the Chinese electronics brand Xiaomi, will officially enter the Korean market through the 11st online shopping site. 11st announced that it signed an agreement with ZMI to cooperate in online sales on January 13, and set foot as the official online retail channel for the brand. [...]
SEOUL, Jan.18 (Korea Bizwire) – China’s Haier Group, which just inked a deal to take over General Electric’s appliance business, is entering the Korean market with a bang, offering what it calls a ‘half-price TV’. According to industry reports, Haier Korea launched a 32-inch HD LED model through its MOOKA TV brand, an online exclusive, [...]
SEOUL, Jan. 15 (Korea Bizwire) – Taiwan-born singer Tzuyu, a member of the popular girl group TWICE under South Korea’s JYP Entertainment, promotes a Huawei smartphone in advertisements that local mobile carrier LG Uplus Corp. has posted on YouTube and other online platforms. It’s no surprise that a foreigner appears on South Korean ads as [...]
SEOUL, Jan 11 (Korea Bizwire) – It has been suggested that the reason China’s Xiaomi was able to grow into a successful international company in only five years was because of its efficient usage of social media. A recent report issued by the KT Economy and Management Research Center says that social media acted as [...]
SEOUL, Jan.7 (Korea Bizwire) – Chinese electronics, which have often been thought of as cheap in price, but also in quality, have moved into the spotlight. Sales of Chinese smartphones and small smart devices are on a rapid rise due to reasonable prices and decent performance. Two Chinese manufacturers, Xiaomi and Huawei, are leading the [...]
SEOUL, Jan.7 (Korea Bizwire) – A special sales event for a Xiaomi smartphone hosted by an online shopping site was canceled soon after its launch. Complaints from angry consumers quickly filled up internet message boards, which only proved that the cancelation of the event showed the growing influence of Chinese smartphones. With an unsatisfying explanation [...]
SEOUL, Aug. 18 (Korea Bizwire) – Korean smartphone makers floundering between Apple and Xiaomi need to reinforce their premium phone line ups rather than pushing low-end phones, a report has recommended. According to a report released by the KT Economic Management Research Institute on August 18, titled “Strategies to Make Premium Smartphones,” Korean smartphone makers like Samsung [...]
SEOUL, Aug. 10 (Korea Bizwire) – Industry watchers are suggesting that Samsung Electronics might find itself stuck between the US and China in the home Internet of Things (IoT) business. A report issued by the KT economic research laboratory predicted that Apple and Google will dominate the platform, and Chinese companies will be a conspicuous entity in [...]
SEOUL, July 29 (Korea Bizwire) – The share of Samsung Electronics dropped to a one digit number, ranking fifth in the Chinese smartphone market. The Chinese brands Xiaomi and Huawei ranked first and second, with Apple coming in next. According to the Chinese branch of IHS Technology, a market research institution, the market share of Samsung Electronics decreased to 9 [...]
Seoul, July 22 (Korea Bizwire) – Xiaomi (小米), a Chinese electronics company, is growing into a giant in the Korean market despite its humble name, which means ‘millet‘. With positive evaluations that their products perform well despite cheap prices, Xiaomi is dominating the online market as well as offline retailers such as HiMart. In addition, due [...]