Korean media is reporting that Samsung Electronics has re-prioritized its product development plans – now setting its sights on the Internet-Of-Things (IoT) and drone product categories as its targeted growth categories. The company had also been considering pursuing 3D printing, but has put that initiative on the back-burner as it is believed to have a longer horizon to achieve profitability.
Samsung
LG Relents, Will Reduce Height of New HQ to Preserve Historic Palisades
It took the involvement of one of the oldest and most powerful families in the United States, but when Laurance Rockefeller reached out to LG Group Chairman Bon-Moo Koo, talks ensued that resulted in the global electronics powerhouse agreeing to alter construction plans for their new headquarters building in Englewood Cliffs, New Jersey, resolving a long-running dispute. The issue, not well-known in other parts of the country, has been the center of a firestorm here in the New York metropolitan market, with its almost pulp fiction-like storyline of greedy developers cutting backroom deals to despoil a pristine environment in a raw display of corporate hubris. But a story with a happy ending.
See more on LG’s decision to finally become a responsible corporate citizen… [Read more…] about LG Relents, Will Reduce Height of New HQ to Preserve Historic Palisades
Hot Time in the City, It’s CE Week Again
New York City in June sees temperatures rise in response to the onset of summer and also, hopefully, in response to the launch of the hottest new technologies being shown at CE Week at the Metropolitan Pavilion and Altman Building exposition spaces in Manhattan. We awaited this year’s edition with great anticipation as it occurs in the wake of a major change in the show’s backers – and is the follow-up to the surprisingly meaningful show last year.
What were the changes, and how did the show go? You’ll have to read on… [Read more…] about Hot Time in the City, It’s CE Week Again
Samsung Display Launches New Transparent & Mirror OLED Displays
Samsung Display Co. Ltd, announced on Tuesday that it has developed Mirror and Transparent OLED display panels, targeted for the digital signage market. Although Samsung calls this development a “world’s first,” we told you back in February about Planar introducing a transparent OLED display that they showed at ISE 2015 earlier this year.
See more on Samsung’s new mirror and transparent digital signage displays… [Read more…] about Samsung Display Launches New Transparent & Mirror OLED Displays
Samsung Removes Its Brand Name From Smartphones Sold in Japan
Samsung Electronics has taken the unusual step of selling smartphones in Japan that do not bear the Samsung brand name. We’ve never heard of this before, but if you want a Samsung smartphone in Japan, you have to purchase a “Galaxy” smartphone.
Why has Samsung removed their brand name from smartphones sold in Japan? See more… [Read more…] about Samsung Removes Its Brand Name From Smartphones Sold in Japan
Sony’s Tightened Partnership with Best Buy Credited for Biz Turnaround
Newly Spun-Off TV Division May Show a Profit for 1st Time in 10 Years
In a new report out of Japan, Sony’s TV business is said to be expected to report an operating profit this fiscal year – its first after ten years of losing money. Due to an improved situation in the U.S. market, the report credits the turnaround in Sony’s U.S. results largely as a function of its tightened partnership with retailer Best Buy.
But the report featured the subheading ‘Outlook Remains Unclear’… [Read more…] about Sony’s Tightened Partnership with Best Buy Credited for Biz Turnaround
S. Korea Stakes Claim as World’s #1 TV Supplier
New market data confirms what you probably already suspected, South Korea is the #1 supplier of TV products to the world. Home to both Samsung Electronics and LG Electronics, S. Korean media is calling itself the ‘Country of TV.’
See some surprising new global TV market data… [Read more…] about S. Korea Stakes Claim as World’s #1 TV Supplier
Samsung Launches New SUHD TVs
Samsung Electronics Co., Ltd., the undisputed global leader in TVs and other key products, launched its CES 2015 press conference in a pattern familiar to those of us who have attended them over the years. But there was one moment in this carefully scripted presentation this year that caught our attention…a moment unlike any other we’ve experienced before at a Samsung presentation. It was a moment when the company actually sounded a touch…defensive.
See what happened during the Samsung presentation that surprised us… [Read more…] about Samsung Launches New SUHD TVs
CES 2015 Opens with Great Fanfare, But No Real Surprises
Like a carefully scripted political debate, Day 0 of CES (Day 1 for most of the press) opened with great fanfare…but offered no real surprises. Day 0 – officially known as Press Day – is an endless series of press conferences in which major manufacturers make their significant announcements and present their plans for 2015. And this year these press conferences, for the most part, followed their expected path – not even a Michael Bay meltdown emerged to spice it up a bit like last year!
See the major themes emerging from the Press Day presentations… [Read more…] about CES 2015 Opens with Great Fanfare, But No Real Surprises
You Knew It Was Dying, But LG Makes It Official – Plasma is Dead
Yesterday in South Korea, LG Electronics made formal what we all knew was coming – they are ending production of all plasma display panel products. Even though we knew it was coming, somehow…it still hurts. We’ve had many an engineer tell us the plasma was the most accurate picture available – many saying they own it themselves. Certainly, they are sure to be ruing this day.