LG Ditches Plan To Sell iPhones Instore, Following Backlash
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July 12, 2021
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LG’s decision to sell iPhones at its physical stores in Korea has sparked backlash, being opposed by smaller distributors who claim LG’s... Read More
Samsung To Invest Heavily In US Chip Manufacturing Factory
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April 20, 2021
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Samsung Electronics will finalise plans to expand its foundries in the United States as early as next month, according to reports by... Read More
Samsung Set To Seize 80% Of Foldable Phone Market
Samsung is forecast to snare up to 80% of the global foldable phone market this year, according to a new supply chain... Read More
Set To Reject Huawei, UK In 5G Talks With Japan, Korea
LONDON: British officials have discussed supplies of 5G networking equipment with companies in South Korea and Japan as part of a bid... Read More
Samsung Inks Ultra-Thin Glass Deal For 2021 Foldable Phones
Korean tech giant, Samsung, has reportedly inked a deal with Gorilla Glass maker, Corning, for its 2021 [third-iteration] foldable phone range, following... Read More
LG Post Record Q1 Margins, TV Slumps
LG Electronics has announced its highest first-quarter operating income margin in company history, despite a modest decline in revenue versus last year.... Read More
Samsung Halts Factory In Asia After Confirmed Virus Case
Korean-based Samsung is set to shut down operations at a plant in Gumi City, South Korea, after it was confirmed an employee... Read More
Samsung Note 10 Hurt By Japan-Korea Trade Dispute
An ongoing dispute between Japan and South Korea dating back to World War II has reportedly disrupted production of Samsung’s upcoming Note... Read More
LG Post Record Q1 Appliance Profit, Mobile Slumps
LG’s loss-making mobile business has impaired record Q1 home appliance profit and revenues, notching a 20.8% decline in company net profit. For... Read More
LG Forecast Q1 Profit Down 19%
LG Electronics has forecast a ~19% year-on-year drop in Q1 operating profit, notching 899.6 billion won (US$790.6 million) versus 1.1 trillion won the... Read More
