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LG's profits up 165% in second quarter

SEOUL, SOUTH KOREA: LG Electronics posted a 165% rise in second-quarter net profit compared with a year ago, as strong TV and mobile phone sales boosted the turnaround to the company.

25 Jul 2014 05:22


Smartwatches from Samsung, LG

SEOUL, SOUTH KOREA: South Korea's Samsung and LG have both launched smartwatches powered by Google's new Android Wear software as they jostle to lead an increasingly competitive market for wearable devices seen as the mobile industry's next growth booster.

27 Jun 2014 08:20


New Samsung phone marks break from Android

SEOUL, SOUTH KOREA: Samsung announced the launch of a new smartphone based on its own operating system, in a step towards independence from the Google Android platform that dominates its popular handsets.

3 Jun 2014 06:02


SK Telecom's profit jumps 44%

SEOUL, SOUTH KOREA: SK Telecom, South Korea's biggest wireless operator, said its net profit for 2013 jumped 44.3% on increased value of its stock investment and expansion of lucrative 4G services.

29 Jan 2014 08:51


South Korea to spend US$1.5bn on 5G 'movie-in-a-second' service

SEOUL SOUTH KOREA: South Korea, already one of the most wired countries on earth, Wednesday, 22 January, announced a 1.6trn won (US$1.5bn) plan to roll out a next-generation 5G wireless service that is so fast it can download a full-length film in a second.

23 Jan 2014 07:44


LG to launch curved smartphone in Europe

SEOUL, SOUTH KOREA: South Korea's LG Electronics said it would start selling its first curved-screen smartphone - seen as a first step to fully flexible products - in Europe next month.

21 Jan 2014 11:43


Samsung's first 'curved' smartphone hits S. Korea market

SEOUL, SOUTH KOREA: Samsung's first smartphone with a curved display screen was available on the South Korean market from Thursday, 10 October, as the electronics company seeks to maintain its lead in the increasingly saturated market.

11 Oct 2013 07:56


Experts debate the smarts of the 'smartwatch'

SEOUL, SOUTH KOREA: News that Samsung will unveil a "smartwatch" next month has sent rumour mills into overdrive within the technology community as it second guesses what the much-hyped gadget will offer.

22 Aug 2013 09:25


Download a movie a second with 5G

SEOUL SOUTH KOREA: Samsung Electronics said Monday it had successfully tested super-fast fifth-generation (5G) wireless technology that would eventually allow users to download an entire movie in one second.

13 May 2013 12:22


Hyundai to build Total's oil platform

SEOUL, SOUTH KOREA: Hyundai Heavy Industries, the world's largest shipbuilder, said on Tuesday (26 March) it had won a US$2bn tender to build two offshore platforms for French energy giant Total.

27 Mar 2013 08:51


Asia-Pacific region drives Aspen's revenue growth

SA's biggest drug manufacturer Aspen Pharmacare expects its Asia-Pacific business to generate the biggest share of the company's revenue by the end of the year‚ its chief executive Stephen Saad said at the release of its interim results for the six months to December.

By Tamar Kahn 8 Mar 2013 08:25


Full-HD smartphone from LG

SEOUL, SOUTH KOREA: LG Electronics on Monday (18 February) unveiled the latest version of its flagship smartphone, boasting a higher resolution screen aimed at gaining a technical edge over bigger rivals like Samsung.

19 Feb 2013 06:50


Samsung sells 100m smartphones

SEOUL, SOUTH KOREA: Samsung Electronics said on Monday (14 January) that global sales of its flagship Galaxy S smartphones had topped 100m since the first model debuted in 2010, cementing its dominant position over US rival Apple.

15 Jan 2013 09:18


LG selling new generation TVs

SEOUL, SOUTH KOREA: South Korea's LG Electronics started selling new generation television sets on Wednesday (2 January) that use organic light-emitting diodes (OLED) that the company hopes will give it an edge of its giant rival Samsung.

3 Jan 2013 08:26


Samsung, Sharp in LCD price-fixing settlement

NEW YORK, US: South Korea's Samsung, Japan's Sharp and five other Asian firms have agreed to a US$553m settlement for illegally fixing liquid crystal display prices, New York state's attorney general said on Tuesday.

28 Dec 2011 14:03


Unemployment, inflation worries hit consumer confidence

NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.

27 Jan 2011 11:00


Asia's 2011 optical industry looking good

SINGAPORE: Over 90% of optical retailers across six Asian markets are optimistic that the industry will continue to do well, if not better next year.

3 Nov 2010 11:19


Hope for full global economic recovery in 2010 diminishes

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index.

27 Oct 2010 06:22

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