Consumer Electronics Show (CES) 2019, which will run in Las Vegas for four days from Jan. 8 (local time), is expected to showcase premium TV technology and advanced smart home technologies such as artificial intelligence (AI) and the Internet of Things (IoT).Samsung Electronics, which betted on micr
The global semiconductor market is slowing down at a rapid pace. The World Semiconductor Trade Statistics (WSTS) recently forecast that the total sales of the market would be US$490.1 billion next year, up 2.6% from a year earlier, whereas its forecast released in August this year had been US$502 bi
Seven out of 10 premium TVs costing US$2,500 or more sold in the third quarter of this year were made by Korean companies. Among the top three global TV makers, Sony saw its market share drop 3 percentage points from the first quarter, while Samsung Electronics and LG Electronics expanded their mark
LG Corp., the holding company of the LG Group, has made it to the list of the global top 20 firms in terms of "social return on investment (SROI)," a new corporate valuation index.The new index was jointly developed by Harris Poll, a U.S.-based public opinion survey company, and Finn Partners, a mar
The LG Group has chosen smart contact lenses as its first convergent R&D project since Koo Kwang-mo took office as its chairman. Smart contact lenses are much more convenient than eyeglass-like products like the "Google Glass" and offer users wider and clearer views.Most notably, smart contact lense
Many Korean companies are keeping a close watch on Samsung Electronics’ recent moves to develop robots. Although the company is keeping its silence regarding its entry into the robotics market, it seems highly likely that the electronics giant will launch strategic products in response to the moveme
Samsung Electronics came in seventh in brand impact ratings in a survey of US consumers. In particular, the company recorded the highest trust level among computer and software brands in terms of privacy protection.According to industrial sources on September 17, Samsung Electronics ranked 7th in th
China is expected to become the largest semiconductor equipment market in the world next year by beating South Korea. China’s intensive investment in chip production equipment is expected to generate trickle-down effects. Chinese semiconductor companies, which have expanded their business from non-m
LG Electronics' sales of organic light emitting diode (OLED) TVs are growing fast, with this year's sales volume expected to be more than double the previous year’s. LG OLED TVs are leading the premium TV market, eliciting favorable consumer responses.According to a report released by IHS Ma
LG Display enjoyed strong OLED panel sales in the first half of the year, riding on growing demand for organic light emitting diode (OLED) TVs. Market researcher IHS Markit predicts LG Display will continue to enjoy such strong sales in the third quarter.In addition, a rapid recovery of OLED panel p
Samsung Electronics and LG Electronics, Korea’s two leading electronics companies, jointly accounted for half of the global TV market in the first half of the year, according to a report released by market researcher IHS Markit.The two electronics giants could outperform their Japanese and Chinese c
LG Display is rapidly ramping up sales of large organic light emitting diode (OLED) panels.LG Display announced on August 15 that its large OLED sales exceeded 1.3 million units in the first half of this year. They more than doubled from the first half of last year (about 600,000 units). In particul
LG Display is suffering from a steady LCD price decline this year. From next year, however, its large OLED panel business is expected to serve as a cash cow for the company. LG Display said it would increase its production of large OLED panels to 10 million by 2021, but supply shortages are likely t
The global organic light emitting diodes (OLED) TV market is rapidly growing, driven by higher definition and competitive prices.According to market research firm IHS Markit on August 7, the size of the global OLED TV market is expected to grow to 2.54 million units this year from 300,000 units in 2
The Chinese government has finally approved LG Display’s plans to build an organic light emitting diode (OLED) plant in Guangzhou, China. The plan was okayed in one year since LG Display announced the plan to build the plant in July of last year.LG Display announced on July 10 that the company recei
Samsung Electronics will launch 65-, 75- and 85-inch 8K QLED TVs in September. An 8K TV (3,300 mega pixels) is four times clearer than a 4K TV (830 mega pixels) and creates the highest picture quality among TVs currently selling in the market.In particular, Samsung Electronics has installed an AI ch
The QLED TV group led by Samsung Electronics and the OLED TV group represented by LG Electronics, Sony, and Panasonic will have a duel to find out which group offers the highest image quality.According to the TV industry on June 21, an interesting TV evaluation test will be held on July 15 at Harefi
LG Display is planning to boost its large OLED panel production this year, but the global undersupply that started in the second quarter of last year is likely to continue for a while.LG Display is currently the only manufacturer of large OLED panels in the world. According to industry sources, the
Samsung Electronics ranked No. 1 in brand evaluations by consumers in major Asian countries for seven consecutive years.According to related industry on June 6, Hong Kong-based communication marketing company Campaign Asia Pacific and public opinion survey company Nielsen placed Samsung Electronics
China once trailed Korea with a 10 percentage point market share difference in the TV market. Yet South Korea has recently widened the market share gap again to 25 percentage points on the strength of Korean TV makers’ advanced technology and premium strategy.According to market researcher IHS Marki