Tech giant’s products to ‘come out strong’ despite legal challenges with Apple, analysts saySamsung Electronics, the world’s largest tech company by revenue, saw record sales of its flagship Galaxy S3 in a short period of time, despite recent difficulties over legal issues with its rival Apple.The company said Thursday that it sold more than 20 million Galaxy S3 smartphones globally in 100 days since its introduction in late May.In the first 50 days, Samsung sold 10 million Galaxy S3 smartphones

Technology Sept. 6, 2012

IFA needs reinvigoration to meet increasing expectations: expertsJam-packed with visitors on its opening day, the Internationale Funkausstellung appears to be a success largely thanks to the three Asian tech giants of Samsung Electronics, LG Electronics and Sony showcasing their smart and mobile devices and appliances with unique designs and features.Samsung highlighted its all-new Galaxy Note 2 at an unveiling event, where it also featured Windows 8 phones that stole Nokia’s thunder as the Finn

Technology Sept. 5, 2012

CEO says integration of mobile and social networking inevitable requirements for growthFlexibility and speed are key to innovation in the mobile technology market.These management traits are essential to keep Kakao creative and responsive to the unpredictable and rapidly changing mobile market, Lee Jae-beom, CEO of the mobile communication venture tech firm, told The Korea Herald.The company’s Kakao Talk is one example that became a worldwide hit with over 50 million users through fast decision-

Technology Sept. 5, 2012

Local unit chief: LG aims to edge over Samsung to become top TV brand in 2013BERLIN ― LG Electronics has been seeing fast growth in Germany’s television market over the past year, despite the economic slowdown in the region stemming from the eurozone crisis.The Korean tech company saw its share in Germany, which accounts for 25 percent of EU demand, rise to 10 percent from 7 percent last year.With Japanese TV makers such as Sony, Sharp and Panasonic having gone through restructuring and lacklust

Technology Sept. 3, 2012

BERLIN ― LG Electronics may be behind Samsung Electronics in the global television market at the moment.But this will all change over the next two to three years as LG bets that its premium 84-inch ultra-definition and 55-inch organic light-emitting diode TVs will be its new growth drivers and give the company a competitive edge over its rival.Kwon Hee-won, CEO of LG’s home entertainment business, said he is positive that the market is ready for big ultra-definition TVs, and that there will soon

Technology Sept. 2, 2012

BERLIN ― Stepping into an LG Electronics’ exhibition booth at Internationale Funkausstellung, visitors will notice that it is all about the latest high-tech television, especially with more than 120 LED 3-D displays put together into one giant TV at the entrance.With the theme “Above and Beyond,” featuring countless consumer TVs filling its 2,657 square meter booth, Lee Ssang-soo, vice president of TV product planning for LG began the media tour by saying that its main focus of this event is OLE

Industry Aug. 31, 2012

BERLIN ― Samsung Electronics, Korea’s largest consumer electronics company, plans to begin mass producing next-generation organic light-emitting diode televisions in the fourth quarter of this year.This is part of its plan to maintain the top position in the global TV industry, Yoon Boo-keun, president of the company’s consumer electronics division, said during a dinner with the Korean press Thursday.The Korean tech giant has been the top TV producer over the past seven years. OLEDs are expected

Industry Aug. 31, 2012

Global No. 1 industrial camera maker eyes growth in OLED, X-ray markets Liquid crystal display manufacturing involves sophisticated technology.It also involves high-end inspection equipment and systems to make sure manufacturers such as Samsung Electronics can produce the world’s top quality LCDs.High-performance industrial cameras such as those made by Vieworks are crucial parts of such equipment that can detect even the tiniest flaws, unnoticeable to the human eye, before products are shipped

Technology Aug. 29, 2012

Corporate advertisers are rushing to sign Korean rapper and singer Psy to do his bizarre and comical horseback-riding dance in their commercials from his latest hit music video “Gangnam Style.”Psy is in talks with six companies to appear in their ads, said an official with YG Entertainment, a music talent agency with which the singer is affiliated.The official, however, said the company cannot yet disclose the names of the brands Psy will be promoting possibly over the next six months to one yea

Aug. 28, 2012

Internationale Funkausstellung, one of the world’s largest consumer electronics exhibitions, will open in Berlin, Germany this Friday.Bringing together some 1,300 tech companies from 50 countries, IFA will be the stage for global firms such a Samsung Electronics, LG Electronics and Sony to feature about 200 high-tech consumer products ranging from smart TVs to computers and mobile devices.Samsung Electronics will showcase its products in the exhibition’s biggest booth at 8,628 square meters, whe

Industry Aug. 26, 2012