Samsung Electronics said Tuesday a new order prevails in the global consumer electronics industry with the Internet of Things (IoT) leading the way, prompting it to search for new business opportunities in the field. “There’s no question that IoT is the next key driver for Samsung,” Samsung Electronics co-CEO Yoon Boo-keun said at a news conference in Seoul. Yoon said Samsung wants IoT to be totally open. “By 2020, every single product that Samsung sells will be connected,” he said. He said IoT will significantly change everyone’s life and Samsung is positioned to become a leader in a more connected era.”Samsung aims to closely collaborate with industries to really make IoT happen. We will continue pursuing a human-centric business philosophy,” he said.
He made the remarks at an event to unveil new home appliances at the company’s Secho Tower in southern Seoul. Yoon said consumes are embracing IoT, which will be relevant across all segments from industry to wearables, smart homes, cars and more, with multiple devices from different parts of people’s lives being connected.
LG Electronics has provided four high-speed battery chargers for Google’s electric vehicle plug-in charging stations in a bid to make headway in the automotive industry while strengthening its relationship with Google, industry sources said on Sunday. LG said it did not manufacture the chargers, and that they were made by another domestic firm.
The deal appeared to have been discussed in detail in October 2013 when Google chairman Eric Schmidt visited LG Electronics’ Incheon campus, where LG’s automobile parts and components division is located. For months prior, the two firms reportedly met on several occasions to talk about cooperating on Google’s smart cars. The deal may now help the two IT giants, which already enjoy a partnership with the Nexus phones, to expand their partnership in the auto industry despite LG’s still-weak performance in the vehicle component areas.
LG Electronics (LG) today took the cover off the world’s first Flexible OLED TV at the 2014 International Consumer Electronics Show (CES) in Las Vegas. With this groundbreaking TV unit, viewers can control the angle of curvature for the ultimate viewing experience that was only available in the realm of science fiction.
“LG’s Flexible OLED TV is a product that has to be seen to be believed because it defies description,” said H. H. (Hyun-hwoi) Ha President and CEO of LG’s Home Entertainment Company. “What curved is to flat, flexible is to curved. LG continues to lead the evolution of televisions into the next generation.”
What separates LG’s Flexible OLED TV from every other TV set in the world is that the curvature of the display can be altered using the TV remote to suit the viewer’s preference. The range of curvature was determined by taking into account key factors that affect the viewing experience such as screen size and viewing distance. Since the viewer can adjust the curvature, they can enjoy the best TV viewing experience, tailored to their tastes, every time.
Samsung and LG will unveil prototypes of remote-controlled flexible OLED TVs ㅡ considered the next big thing in the industry ㅡ at the International Consumer Electronics (ICES) next month. The ICES is scheduled for Jan. 7 to 10 at the Las Vegas Convention Center.
Because the annual exhibition has long been considered as the place to see new trends and devices in the industry, attention is focused on which new technologies will stun the world. The Korean electronics giants, which gained attention last year with 55-inch curved OLED TVs, are preparing to wow participants and dealers again this year by unveiling the flexible OLED TVs.
“Samsung will unveil a prototype of the flexible OLED TV at next month’s ICES,” said an industry official, who is familiar with the issue, Sunday. He declined to unveil specific details about the new TV ㅡ only saying that the display size will be “huge.” The basic concept of the remote-controlled flexible TV is that users can use a control to bend the screen, enabling viewers to get a better viewing angle. Existing OLED TVs are just curved, not flexible and the viewing angle is fixed. Samsung said the latest technology will use plastic-based OLED displays and a back panel that can deform the display.
In 1981, the Electronics and Telecommunications Research Institute, then a little-known 4-year-old publicly funded think tank, won a 24 billion won ($22.6 million) government project to develop a telephone transmitting and receiving system called time-division exchange (TDX). Most state initiatives at the time – except those to augment the defense against North Korea – were less than 1 billion won, so the institute researchers in charge of the pricey project had to sign a resolution.
“We will do our best to develop TDX, and if we fail, we will brace for any punishment,” read the document, still kept at the Daejeon-based institute. Partly inspired by ambition to succeed, but possibly driven by fear under the military regime of President Chun Doo Hwan, the efforts bore fruit, making Korea the 10th country to develop the system.
“Few believed a nation that lacked experience with large R&D projects could succeed in developing a technology possessed by only a handful of advanced countries,” says Chong Kil-ho, director of ETRI, speaking of the system that allowed calls to be made simultaneously. “We got a lot of confidence from it.”
Building on that confidence, the institute went on to develop several other state-of-the-art technologies, including code division multiple access, which later became a standard of global wireless telecommunication. The institute was the first in the world to develop it and received 350 billion won in royalties from Qualcomm over several years.
LG Chem said Tuesday that it’s been producing curved batteries since July this year at its plant in the Chinese city of Nanjing. “We’ve successfully developed batteries that haven’t existed before with our own patents, and that advancement is going to help us take the lead over our rivals in the race for next-generation digital devices,” said Kwon Young-soo, president of the company’s battery division.
The executive continued, “This is one of the greatest achievements for us. LG Chem will expand our leadership in small-sized batteries as well as continue our expansion in being the ongoing leader in car batteries and those for energy storage solutions.”
The firm said these curved batteries are already being used to power G2 smartphones manufactured by LG Electronics, the group’s consumer electronics affiliate. LG Electronics isn’t the only one that has shown interest in adopting curved batteries for upcoming flagship models as LG Chem is preparing to sell the products to other smartphone vendors, said a company spokesman Owen Sung.
LG Electronics released on August 12 “Classic TV” that has an old-fashioned design that arouses the feel of the 1970s-1980s. The model has a retro design that features a rotary-type channel dial and wood frames, while having the simplicity of North European look. The Classic TV is actually a 32-inch LED TV that has a full HD (1920 x 1080) resolution, offering bright and clear images. With an IPS panel that has a viewing angle of 178 degrees, the Classic TV realizes natural color in any viewing angle.
If connected with an external hard drive or a USB memory stick, it enables users to enjoy videos, photos, and music stored. LG Electronics expects the Classic TV to be loved by both the middle aged and the young people who still remember Gumsung TV, a TV brand used by LG in the past. The Classic TV will be sold at a price of 840,000 won. The company plans to provide a coffee machine as a gift to those who purchase the Classic TV.
LG Display will expand its advanced display business by entering the small-sized organic light-emitting diode (OLED) market currently dominated by Samsung Display, according to LG officials Thursday.
The expansion came as the display-making affiliate of LG Group has experienced falling profit margins in the liquid crystal display (LCD) market. The firm also aims to capitalize on brisk sales of LG Optimus smartphones manufactured by LG Electronics. According to LG officials and market analysts, LG Display plans to make new investments in developing the small-sized OLED display business to produce flexible OLED displays from the latter half of this year.
LG Electronics said on Monday that it will begin accepting pre-orders for its 55-inch curved OLED TVs in Korea to once again show that it intends to stay ahead of Samsung Electronics in terms of OLED technology. The announcement marks the first time that a Korean company, including Samsung, has commercialized both flat screen and curved OLED TVs. The flat screen OLED TVs have started to ship to local customers in February.
Over 1,400 LG retail stores here have started to take orders on this day, the Seoul-based company said, adding that deliveries will begin next month for this flagship size model. The premium TVs are priced at around 15 million won. OLED is cited as a next generation panel technology that’s designed to be more energy-efficient and offer better picture quality.
“Our Curved OLED TV is not only the proof of LG’s unmatched leadership in next-generation displays but also a testament to LG’s commitment to bringing to market the most exciting TV technology available today,” said Kwon Hee-won, President and CEO of LG’s Home Entertainment Company.
Samsung Electronics will further diversify its ultra high-definition (UHD) TV lineup in response to upbeat forecasts for the segment. Its executive in charge of the European market said on Saturday the world’s No. 1 TV producer will introduce several models on top of the currently available 85-inch and 110-inch sets at the IFA consumer electronics fair in September.
“Samsung is going to increase significantly its UHD line,” said Michael Zoeller, the company’s European director for TV/AV, at the IFA Global Press Conference. While declining to reveal details of the new models, he said they will have screens both larger and smaller than 85 inches.
UHD boasts four times the resolution of ordinary HD. The UHD screen is a TV equivalent of the iPhone’s Retina screen, meaning its pixels are so small as to be nearly invisible. Samsung launched sales of its first UHD television – the 85-inch S9 – on Jan. 14 in Korea at 40 million won ($35,730). In Europe, the S9 will be released in London in four weeks with a price tag of more than 40,000 euros ($52,248), according to Zoeller.
The Korean tech titan showcased its 110-inch UHD TV – the world’s largest – at the Consumer Electronics Show in Las Vegas in January, but has yet to announce its release schedule or target countries. LG Electronics, Samsung’s major rival, has unveiled 55-, 65- and 84-inch UHD TVs.