LG Display Invests a Billion into new Flexible OLED Display Plant


LG Display announced today that it will invest KRW1.05 trillion ($890 million) in a 6th Generation flexible OLED display production line as part of its efforts to take the lead the flexible OLED...

Samsung reports Financial Results of Q4, 2014


Samsung’s financial year ended on 31st December 2014 and they have just announced their financial results. In the last quarter, they earned KRW 52.73 trillion. This was an 11 percent increase when...

Samsung Electronics Continues to Struggle as Third Quarter Earnings Drop


The world's number one smartphone manufacturer by shipments has revealed its earnings guidance for the third quarter of 2014. The numbers aren't good. In the previous quarter which ended September,...

Samsung’s 4Q profit hit by slowing mobile growth


Samsung's profit falls for first time in 2 years, highlights smartphone challenges. SEOUL, South Korea (AP) — Quarterly earnings at Samsung Electronics Co. fell for the first time in...
    






Handset Competition Badly Affected LG Electronics’ Third Quarter’s Profit


In its Thursday announcement, LG Electronics reported that its net income for third-quarter dropped by 34 percent. The reasons for the drop were price cuts as well as marketing costs of the launch of...

LG Sold Record 12.1M Smartphones in Q2 2013


LG has released its second quarter financial results. The Korean tech giant is proud to announce that it sold record 12.1 million smartphones during April-June 2013. LG has not sold such a huge...