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Monday 14 April 2025
Samsung Electronics targets South Korean OLED TV market leadership
According to Inews24 and Hankyung, Samsung Electronics has announced plans to significantly expand its OLED TV product line, aiming to capture a leading share of...
Thursday 10 April 2025
SK Group seeks to sell majority stake in semiconductor wafer maker SK Siltron
SK Group is looking to sell its majority stake in semiconductor wafer manufacturer SK Siltron, according to South Korean media reports citing industry sources. The conglomerate has...
Wednesday 9 April 2025
Tariff impacts on South Korean businesses: Overview of effects on home appliances, smartphones, and components
Following the announcement of the reciprocal tariff policy by US President Donald Trump, South Korean companies are thoroughly reviewing their supply chains and formulating countermeasures...
Saturday 5 April 2025
Apple's China pivot threatens LG's display and camera stronghold
As Apple accelerates efforts to diversify its iPhone component supply chain, LG Group's component subsidiaries are monitoring market developments closely. While LG Display (LGD) and...
Monday 31 March 2025
LG Group prioritizes battery business and compliance at shareholder meeting
At LG Group's 63rd shareholders' meeting in Seoul, chairman Koo Kwang-mo, though absent, conveyed his strategic vision through a written message, emphasizing the company's commitment...
Friday 7 March 2025
LG Group expands India strategy amid geopolitical risks with chairman's visit
LG Group chairman Kwang-mo Koo traveled to India to assess the company's R&D, production, and distribution as LG commemorates 30 years in the market. This visit aligns with LG's...
Thursday 27 February 2025
US tech giants launch quantum chips, South Korean firms focus on applications
As US technology companies continue to unveil quantum processing units (QPUs), the commercialization of quantum computers is expected to accelerate. South Korean firms are also investing...
Tuesday 18 February 2025
Samsung, LG expand OLED TV sales to counter China's price war
China-based TV manufacturers, including TCL and Hisense, are aggressively challenging South Korea-based competitors by leveraging their price advantages. In response, Samsung Electronics...
Friday 14 February 2025
Chinese TV brands dominate Japan market as Korean rivals struggle
With Panasonic announcing its exit from the television business in 2025, all eyes are on global TV giants Samsung Electronics and LG Electronics to see how they will navigate the...
Wednesday 12 February 2025
Trump's tariffs could undermine Samsung and LG as Chinese TV makers gain a subsidized edge
Samsung Electronics and LG Electronics face mounting challenges from former US President Donald Trump's tariff policies. South Korean industry insiders warn that if the US imposes...
Friday 24 January 2025
LG eyes IPO for Indian unit as revenue growth targets nearly 10%
LG Electronics' Indian subsidiary experienced a revenue surge of almost 10% in 2024. The company remains on course with its plans to launch an IPO in India, aiming to take advantage...
Tuesday 21 January 2025
LG targets 45% B2B revenue by 2030 through AI-driven expansion
LG Electronics has embarked on a strategic transformation in 2024, shifting its focus toward non-hardware businesses and B2B operations. The company has enhanced investments in automotive...
Monday 13 January 2025
Samsung homes in on AI as LG heats up data center play
The Consumer Electronics Show (CES) 2025 in Las Vegas, US has concluded, revealing distinct strategic paths taken by South Korean tech giants Samsung Electronics (Samsung) and LG...
Wednesday 8 January 2025
LG Electronics reports preliminary financial results: 2024 revenue hits record high, Q4 profits fall short of expectations
LG Electronics (LG) has released its preliminary financial results for 2024, showcasing impressive annual revenue figures. However, the operating profit for the fourth quarter saw...
Wednesday 8 January 2025
CES 2025: Samsung and LG showcase contrasting AI strategies; Chinese smart glasses gain momentum
CES 2025 kicked off in January, with major brands vying for attention in their traditional competition. South Korean companies Samsung Electronics and LG Electronics, Japanese firms...