Tag: Home appliances

Home appliances

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LG Electronics posts record Q2 earnings on premium appliances, U.S. tariff refund

The company's total operating profit now stands at 3.25 trillion won ($2.1 billion) for the first half of the year, surpassing last year's entire 2.48 trillion won operating profit.

2026.7.7

Police search for LG store manager who allegedly took payments for appliances and disappeared

Police are searching for an LG Electronics store manager who vanished after allegedly taking large payments from customers for home appliances that were never delivered.

2025.11.6

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U.S. President Donald Trump, left, shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at Gimhae International Airport, on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit, in Busan on Oct. 30. [REUTERS/YONHAP]

Tentative U.S.-China rare earths deal allows manufacturers, markets to breathe sigh of relief

The United States and China reached a fragile truce over rare earth supplies on Thursday, easing a dispute that had threatened to upend global technology production and rattled markets from Seoul to Silicon Valley.

2025.10.31

LG Electronics' headquarters in Yeongdeungpo District, western Seoul, is pictured on April 7. [ YONHAP]

Sluggish TV sales cut LG Electronics profit in half

LG Electronics’ second quarter results fell short due to TV division losses, while other sectors like appliances and auto parts performed well.

2025.7.25

Samsung Electronics Executive Chairman Lee Jae-yong returns to Gimpo Airport on Aug. 7 from a business trip to the Paris Olympics. [NEWS1]

Samsung chairman presses for breakthrough in AI home appliances as competition stiffens

Samsung Electronics Executive Chairman Lee Jae-yong visited the offices of the home appliance division to be briefed in the state of the market with the return of executives from IFA 2024.

2024.9.11

LG Electronics CEO William Cho speaks to reporters at IFA, Europe's largest home appliances trade show, in Berlin on Sept. 6. [LG ELECTRONICS]

LG CEO lays out strategy to keep China at bay in home appliances

Speaking at IFA Berlin, LG Electronics CEO William Cho said China is catching up to Korea in home appliances, and outlined the company's strategy to stay ahead.

2024.9.9

Visitors wait for the door to open for the 2024 Seoul Living Design Fair, which kicks off today. The fair runs through Mar. 3 at Coex, southern Seoul. [DESIGN HOUSE]

Seoul Living Design Fair puts latest trends on display

The 29th edition of the showcase featuring furniture and homeware will run through Sunday.

2024.2.28

Pictured is Busan Port and Busan Harbor Bridge on Dec. 29. [NEWS1]

U.S. overtakes China as top destination for Korea's exports in December

Korea's exports to the US surpassed those to China in 2023. Total exports fell 7.4 percent due to chip performance and global economic uncertainties, while solid automobile exports and semiconductor recovery countered some losses.

2024.1.1

Damon Ekstam, a retail management manager at Samsung Electronics America, poses with a new Bespoke refrigerator. It features a Family Hub panel, which offers a 32-inch touchscreen that allows people to watch TVs, cue YouTube videos, or search for recipes. [SAMSUNG ELECTRONICS]

Samsung's Bespoke brand to showcase dozens of premium home appliances at CES 2023

Samsung Electronics showcased dozens of premium home appliances under its Bespoke customizable appliance brand Tuesday, ahead of the upcoming CES trade show.

2023.1.4

Samsung Electronics' Bespoke refrigerator. Aesthetically pleasing home appliances are popular among Koreans. [NEWS1]

White goods so trendy they're not called that anymore

With the pandemic forcing people to spend more time at home, demand for luxury home appliances has been surging.

2021.5.6