SEOUL, May 17 (Korea Bizwire) – LG Electronics is experiencing robust growth in its appliance subscription service, with projections indicating the company will reach the 1 trillion won sales mark for the first time this year in this burgeoning sector. In its first-quarter report released on May 16, LG Electronics announced that its appliance subscription business [...]
SEOUL, May 8 (Korea Bizwire) – Samsung Electronics has introduced Korea’s largest Micro LED display, a 114-inch colossus that doubles down on its pursuit of the ultra-premium TV segment by expanding its Micro LED lineup to meet consumer demand for supersized screens. The 114-inch model joins Samsung’s existing 89-inch and 101-inch Micro LED offerings, providing consumers [...]
SEOUL, May 3 (Korea Bizwire) – LG Electronics’ wireless, movable LG StanbyME lifestyle screen, a product that has remained in short supply due to high demand, is getting even more convenient. On May 2, LG Electronics began preselling an upgraded version of the LG StanbyME on its domestic website, offering improved convenience and functionality. The upgraded [...]
SEOUL, April 24 (Korea Bizwire) – LG Electronics announced on April 24 that it has forged a partnership with the National Rehabilitation Center to improve the accessibility of its home appliances, ensuring that people of all ages and abilities can use the products with ease. Through a memorandum of understanding signed on the same day, LG [...]
SEOUL, Apr. 19 (Korea Bizwire) – In an effort to raise awareness about animals facing extinction from rapid climate change, LG Electronics unveiled a video series as part of its Vulnerable and Endangered Species Awareness Campaign on the renowned billboard screens of New York’s Times Square on April 16. The campaign launch in Times Square, featuring [...]
MILAN, Apr. 16 (Korea Bizwire) – The crucial moment when a product captivates a consumer’s heart lasts an average of 0.6 seconds, and if a company fails to seize that fleeting opportunity, it cannot emerge victorious. This realization prompted Lee Kun-hee, the former chairman of Samsung, to gather his top executives in Milan, the global capital [...]
SEOUL, Apr. 17 (Korea Bizwire) — World IT Show 2024, the largest information and communications technology exhibition in South Korea, kicked off Wednesday in Seoul to showcase cutting-edge technologies of local and global companies, its organizer said. The three-day event is themed on “Innovation in everyday life, created by artificial intelligence (AI),” with 446 companies [...]
MILAN, Apr. 15 (Korea Bizwire) — Samsung Electronics will participate in the EuroCucina 2024 trade show, part of Milan Design Week, which is taking place from April 16 to 21. The company plans to unveil its design philosophy and cutting-edge home appliances. Milan Design Week is a global design and furniture fair, attracting more than 2,300 [...]
MILAN, Apr. 15 (Korea Bizwire) — LG Electronics has embarked on a ‘two-track’ strategy, unveiling both ultra-premium and volume-tier products, as it aims to strengthen its position in the European built-in kitchen appliance market. The company announced on April 15 that it will participate in the Milan Design Week 2024, the world’s largest design exhibition, taking [...]
SEOUL, Apr. 12 (Korea Bizwire) — Samsung Electronics’ innovative all-in-one washer-dryer, introduced in South Korea in February, has achieved a successful market entry, defying expectations that the novel form factor might face an uphill battle for consumer adoption. The “Bespoke AI Combo,” which combines washing and drying functions into a single appliance, immediately captured consumer interest [...]