LG, Samsung dominate US consumer TV rankings

SEOUL, June 24 (AJU PRESS) - Korean electronics giants LG Electronics and Samsung Electronics have secured top positions in Consumer Reports' annual best TV rankings, with their organic light-emitting diode (OLED) models receiving particular praise. The influential U.S. consumer magazine selected eight models as this year's best TVs, with four from LG and two from Samsung, according to market insiders on Monday. LG's OLED evo (model G4) and Samsung's 65-inch OLED

June 24, 2024

Emart24 enters Cambodian convenience store market

SEOUL, June 24 (AJU PRESS) - Emart24 has opened its first store in Phnom Penh, becoming the first South Korean convenience store chain operating in Cambodia. The company said Sunday that it launched the store in Boeung Keng Kang, one of the busiest districts in the Cambodian capital, in partnership with Saihan Partners, a joint venture between Cambodia's Saisons Brother Holding and Korea’s Hanlim Architecture Group. Emart24 and Saihan aim to operate 100 stores within fi

June 24, 2024

Samsung launches Olympic outdoor campaign in Paris

SEOUL, June 24 (AJU PRESS) - Samsung Electronics has launched its Olympic outdoor advertising in Paris, building anticipation for the 2024 Games one month before their opening. The Korean tech giant announced Monday the campaign, featuring its Olympic message, "Open Always Wins," is on display at iconic Parisian locations such as Opéra Garnier and La Défense. The advertisements also highlight breaking, a new Olympic sport for 2024, along with its Galaxy Z

June 24, 2024

Emart discounts pork belly amid consumer outrage over price hikes

SEOUL, June 21 (AJU PRESS) - Amid consumer outrage over recent spikes in the prices of samgyeopsal (pork belly), Emart, a leading South Korean retailer, announced a promotion involving a sharp price cut on the meat on Friday. The campaign, running until July 7, offers discounts of up to 40 percent on a total of 500 tons of pork products. From Friday to June 30, domestic refrigerated pork belly and neck meat will be available at 1,000 won ($0.77) less than regular prices, bring

June 21, 2024

Game developer vows action against NewJeans character harassment

SEOUL, June 21 (AJU PRESS) - ADOR, the agency behind the K-pop girl group NewJeans, and Krafton, the developer of the video game "PUBG: Battlegrounds," have warned of stern actions in response to incidents of sexual harassment targeting in-game characters based on the band members. Krafton, in collaboration with ADOR, released an update to the popular battle royale game on June 12, featuring NewJeans-themed content and items. While playing the game, some users rece

June 21, 2024

Samsung refrigerator boosts energy efficiency with AI, chip technologies

SEOUL, June 20 (AJU PRESS) - Samsung Electronics said Thursday its new Bespoke AI Hybrid Refrigerator increases energy efficiency by up to 30 percent compared to conventional models, thanks to the adoption of artificial intelligence and semiconductor technologies. The refrigerator, released in March, adopts a hybrid cooling system that integrates a semiconductor device called Peltier with the conventional compressor. Both operate together to improve cooling energy efficiency. T

June 20, 2024

Samsung enhances Tizen OS with AI capabilities to power diverse devices

SEOUL, June 20 (AJU PRESS) - Samsung Electronics is upgrading its Tizen operating system with artificial intelligence (AI) capabilities to expand its application across a wide range of devices. As of late last year, Tizen was installed on around 270 million Samsung smart TVs. The open-source platform, launched in 2015, replaced Samsung's previous closed Orsay TV OS, allowing for greater openness and the ability to simultaneously handle multiple processes. Leveraging Tizen&#

June 20, 2024

LG Electronics expands R&D partnership to develop next-generation heat pump systems

SEOUL, June 20 (AJU PRESS) - LG Electronics is establishing a global R&D network spanning North America, Europe and Asia to develop advanced heat pump technologies as part of efforts to enhance its presence in the fast-growing market for heating, ventilation and air conditioning (HVAC) systems. LG said Thursday it has signed an agreement with three universities in Norway and Italy to form the European Consortium for Advanced Heat Pump Research (ECAHR) to develop heat pumps capa

June 20, 2024

News outlets scramble to combat AI-generated misinformation

The World Association of News Publishers (WAN-IFRA) issued its annual report "Innovation in News Media World Report 2024-25" in late May, highlighting major challenges faced by the global news industry. The following is the fourth and final installment in a four-part series summarizing key insights from the report. This part focuses on fact-checking. – Ed. SEOUL, June 20 (AJU PRESS) - News agencies, media outlets, and publishers worldwide are grappling with the growi

June 20, 2024

Montenegrin leader dogged by past investment in Terraform Labs

SEOUL, June 19 (AJU PRESS) - The prime minister of Montenegro is facing renewed controversy over his questionable prior investment in Terraform Labs, founded by Do Kwon, who is currently detained in the country in connection with the 2022 collapse of the company’s cryptocurrencies. A document recently submitted by the U.S. Securities and Exchange Commission to a New York court includes a list of 81 initial investors in Terraform Labs, with Prime Minister Milojko Spajić named a

June 19, 2024