Samsung Electronics and LG Electronics each won the 2014 Energy Star Award in the United States for their power-efficient products, the companies said on Thursday.The award, given by the U.S. Environmental Protection Agency since 1993, cited the companies’ steady contributions in campaigns to save energy and protect the environment.Samsung and LG both received the Sustained Excellence honor from the EPA, the highest prize among the Energy Star Awards, in recognition of their efforts to educate c

Domestic sales of Samsung Electronics’ latest Galaxy S5 smartphone appeared to be robust despite limited availability through carriers amid the government’s crackdown on subsidies for new subscribers. The daily average sales of the Galaxy S5, launched in the home market on March 27, came to around 7,000 units, according to industry sources. However, the figure was slightly below the 8,000 units posted by its predecessor Galaxy S4 and far below the 10,000 units for Galaxy S4 LTE-A.The rollout of

Worldwide sales of TVs with 3-D features rose 8.3 percent on-year in 2013, data showed Wednesday, as the global display market picks up with the boom of ultra HD products.Shipments of 3-D television totaled 44.97 million units last year, the data compiled by DisplaySearch showed, compared with the 41.51 million units posted in 2012.They also accounted for 20.6 percent of the global sales of flat TVs, going over the 20 percent mark for the first time. The figure marks a near 19-fold growth from 2

Naver Corp.’s free messenger application Line has broken the 400-million download mark on growing demand overseas, the company said on Wednesday. The milestone came four months after it had drawn 300 million users as of November 2013. Line was launched in June 2011.Broken down, ten countries have more than 10 million Line users each, with South Korea, the United States, Mexico and Malaysia joining the club this year. The app is serviced in 17 languages.Around 1.7 million first-time users downloa

Samsung Electronics’ 65-inch curved Ultrahigh-definition televisions appeared to have gained favorable feedback from British reviewers, the local tech giant said, citing several London-based reviews. The tech giant’s flagship curved TV was selected as the “editor’s choice” by Trust Review, which cited the model’s unique feature of upscaling standard definition content to fit the UHD screen.“It’s worth adding here that Samsung has introduced a new depth enhancement processing system designed to m

Jurors were selected Monday for a high-stakes patent battle between smartphone rivals Apple and Samsung, setting the stage for attorneys to open fire regarding who copied innovations.The case concerns smartphone and tablet patents and is just the latest in a long-running feud between the two tech giants battling for supremacy in a multibillion-dollar market.Apple and Samsung lawyers will begin opening remarks Tuesday before of the freshly-chosen panel of 10 jurors and US District Court Judge Luc

Samsung SDI Co., the world's top maker of TV displays and smartphone batteries, said Monday it will merge with Cheil Industries Co., a Samsung affiliate that produces electronic chemical materials.The arrangement is for Samsung SDI to absorb Cheil into its fold, with the merger swap ratio set at 1-to-0.44.The deal was slated to be approved at the shareholders' meeting on May 30, and all procedures for the merger will be completed by July 1, the company said. Samsung SDI plans to keep its corpora

SK Hynix said Friday that it held a general meeting with its suppliers at the chipmaker’s headquarters in Icheon, Gyeonggi Province aimed at further strengthening their business relations.SK Hynix CEO Park Sung-wook met with 50 chief executives of its vendors to seek ways to boost mutual benefits and share incentives from brisk earnings.“SK Hynix was able to post record earnings last year due to support from suppliers,” CEO Park said. “We will aim to create value through mutual growth by increas

South Korea rapidly expanded its presence in the global ultra HD industry over the past six months, data showed Friday, narrowing its gap with Taiwan, which garners around half of the market.Asia’s fourth-largest economy took up 33.2 percent of the global UHD market in February, advancing sharply from the 6.2 percent posted in July last year, according to data compiled by industry researcher DisplaySearch.Taiwan, the world’s No. 1 maker of UHD panels, accounted for 85.3 percent of the market in