Samsung Electronics is focusing on the premium TV market in India, while LG Electronics is eyeing the Japanese market where few foreign TV brands have survived.Samsung Electronics announced on June 5 that it launched the 2019 edition of its QLED 8K TV in India on June 4 (local time). The company rel
Market research firm SNE Research announced on June 5 that CATL accounted for 25.1 percent of the global electric vehicle (EV) battery use for the first four months of this year, followed by Panasonic (21.5 percent), BYD (16.3 percent), and LG Chem (10.4 percent). Samsung SDI came in sixth with 3 pe
Samsung Electronics' quantum dot light-emitting diode (QLED) TV sales have exceeded those of top five organic light emitting diode (OLED) TV manufacturers for three consecutive quarters.Samsung's QLED TV sales totaled 896,400 units in the first quarter of this year, dwarfing the combined sal
An undersupply of electric vehicle (EV) batteries is occurring as more and more automakers are entering the EV market. The carmakers are trying to secure the largest possible number of EV batteries so that their production plans are not affected whereas EV battery manufacturers have already reached
Companies in a growing number of countries are joining the anti-Huawei campaign launched by the United States, further isolating the Chinese tech giant from the international community.An increasing number of U.S. allies, such as the United Kingdom, Japan and Taiwan, are taking part in the anti-Huaw
Market research firm SNE Research announced on May 7 that SK Innovation ranked ninth in the world in the first quarter of this year in terms of electric vehicle (EV) battery supply to end consumers.The EV battery supply by SK Innovation totaled 447 MWh during the period, up 301.2 percent from a year
The organic light emitting diode (OLED) TV group led by LG Electronics is increasing its share of the global TV market. Chinese TV makers are concentrating on increasing sales volume with inexpensive liquid crystal display (LCD) TVs, but the OLED TV group is boosting sales in the premium TV market.S
Korean display companies are expected to lay out large-scale investment plans during the first half of this year to respond to the rapidly growing organic light emitting diode (OLED) TV market.LG Display is likely to invest in a 10.5th-generation plant to cope with the expansion of the ultra-high an
China is increasing its presence in the global electric vehicle (EV) battery market and this is being led by CATL, which is the second-largest EV battery supplier in the world behind Panasonic.CATL recently announced that its plant under construction in Germany would become the world’s largest EV ba
Samsung Electronics is reaching out to its competitors such as Sharp and LG Electronics in a bid to promote 8K TVs.Last month, Samsung Electronics launched the 8K Association together with major global TV manufacturers, including Panasonic, TCL, Hisense and AUO.Samsung is now encouraging its competi
The global automotive battery market grew almost two-fold last year and five South Korean, Chinese and Japanese suppliers further solidified their presence as the top five in the market during the period.Market research firm SNE Research announced on Feb. 5 that the global shipments of secondary bat
Since Elon Musk, CEO of Tesla, announced that Tesla would depart from its exclusive reliance on Panasonic batteries for its cars to be produced in China, battery makers in Korea and abroad have been keeping their eyes and ears alert. Yet many analysts believe that Chinese battery makers will be pref
Samsung Electronics has managed to form a global 8K TV group but its efforts to revitalize the 8K TV market faces one hurdle after another. This is because Korean TV broadcasters are still producing 1K high-definition content due to cost burdens and have barely started to move over to the 4K ultra-h
South Korean electric vehicle (EV) battery manufacturers’ global market share is falling amid competition with Japanese and Chinese companies.According to SNE Research on Dec. 4, LG Chem and Samsung SDI ranked fourth and sixth in the EV, plug-in hybrid EV and hybrid EV battery shipments for the firs
SK Innovation will supply Volkswagen, a German automaker, with next-generation electric vehicle (EV) batteries.The deal draws attention as Volkswagen has been aggressively preparing for so-called "third-generation electric cars" that can run more than 500 km on a single charge.The Volkswagen Group a
Samsung Electronics is expected to unveil a TV with a transparent display panel early next year. The new TV is drawing a lot of attention as another innovation to follow “The Frame TV,” which can be used as a picture frame, and “The Wall,” which is based on micro LED technology.According to industry
The Chinese government has excluded electric cars equipped with Korean batteries from the list of electric vehicles eligible for subsidies once again. A Mercedes-Benz electric car loaded with batteries manufactured by SK Innovation was expected to be included in the list but failed to make the list.
LG Electronics Inc. is facing a dilemma over its organic light emitting diode (OLED) TV business. The company has managed to secure an advantageous position in the global race to lead the next-generation TV market as an increasing number of TV producers have joined the OLED camp. But the problem is
Samsung Electronics is considering withdrawing its TV production lines in India. as the Indian government began to impose tariffs on TV parts. According to industry watchers and foreign news reports on September 4, Samsung Electronics is considering a gradual withdrawal of its TV production lines fr
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