SAMSUNG REINS SUPREME — South Korea’s tech giant Samsung Electronics said Thursday it became the No. 1 TV brand by sales in the U.S and European markets as of May, with its market share standing at 53.5 percent and 50 percent in the respective regions. SamsungSAMSUNG REGINS SUPREME — South Korea’s tech giant Samsung Electronics said Thursday it became the No. 1 TV brand by sales in the U.S and European markets as of May, with its market share standing at 53.5 percent and 50 percent in the respec

YOUTUBE PROMOTION FOR LG G4 — Promotional video clips for LG Electronics’ G4 smartphone filmed by global YouTube celebrities, including the members of sports and comedy entertainment group Dude Perfect and motorcycle adventure rider Alex Chacon, reached 10 million hits as of Wednesday, according to the Korean electronics firm Thursday. LGE

LG SUPPORTS LOCAL COMMUNITY -- LG Foundations, a nonprofit organization run by LG Group, holds a groundbreaking ceremony of a day care center in Incheon on Thursday. The day care center to be opened early next year will be donated to the Seo-gu district in the city, and is in line with the conglomerate’s corporate social responsibility program to build energy-efficient, environmentally friendly day care facilities for local communities. LG　LG SUPPORTS LOCAL COMMUNITY — LG Group officials, lawmak

　Korean game developers are striving to increase their footholds in the global market in the face of fierce domestic competition. 　Netmarble Games, the No.1 mobile game firm by sales, which has so far released more than 100 mobile games, said it would make all-out efforts to win in the mobile game race.　“Cutthroat competition is inevitable in the world’s mobile game industry as major console and PC game developers, such as Sony, Disney and Blizzard, with big cash piles are tapping into the mobil

U.S. cloud-based big data solutions developer Treasure Data launched its services in the South Korean market Thursday.The California-based IT firm, established in 2011, chose to start businesses in Seoul to expand its presence in the Asian market, the company explained in a press release. The U.S. firm also runs a Tokyo office.  The logo of U.S. big data solutions firm Treasure Data. Treasure DataSome of the high-profile investors for the firm include Yahoo! cofounder Jerry Yang, Sierra Ventures

Wireless carriers team up with global partners for faster networks

360 Security Group plans to team up with Samsung and LG

Carmaker searching for Japan, Korea sales chief

South Korea’s two largest Internet giants Naver and Daum Kakao are going head-to-head to take the leadership in the local mobile platform war for consumers who are shifting their time away from PCs and toward smartphones and tablet computers. The nation’s biggest portal Naver, which belatedly made forays into the mobile sector, is ramping up efforts to stay ahead by capitalizing on its knowhow in Internet content services. Daum Kakao, which has long lagged behind Naver in search services, is poi

Two firms to conduct joint projects for next-generation network

Tesla, the U.S. electric sports car maker, is turning its eyes to Korea in its latest push for the all-important Asian market amid lukewarm Chinese sales. According to a job posting on its Japanese website on Tuesday, the carmaker is searching for a vice president who will lead its Japanese and Korean sales teams. “Our Japan-Korea sales vice president will be focused on all of Tesla’s direct sales activities in the Japanese and Korean markets, ensuring the attainment of both short- and long-term

Question remains as to whether early release will help boost sagging smartphone sales