CHINA’S MOBILE GAME AND APPLIANCE SECTOR SAW STEADY EXPANSION

Highlights –

• China’s mobile game and appliance sector saw steady expansion.
• The sales revenue of China's mobile game market stood at around $2.92 billion in May.
• The sales revenue jumped 32.61 percent from a year earlier.

JAPAN’S SUPERMARKET SALES ROSE 6.0% IN APRIL

Highlights –

• Japan’s supermarket sales rose 6.0% in April.
• Strong demand for clothing, with sales jumping 74.3% led to rise in supermarket sales.
• Overall sales of 11,804 supermarkets totaled 1.08 trillion yen.
• Sales o...

SAMSUNG INTRODUCES ‘BESPOKE HOME’ SOLUTIONS FOR CUSTOMIZABLE HOME APPLIANCES

Highlights –

• Samsung introduces ‘Bespoke Home’ solutions for customizable home appliances.
• The new line will help consumers decorate their entire home space with customizable products.
• Samsung has put out 17 ‘Bespoke...

S. KOREA’S RETAIL SALES ROSE BY 6 PERCENT IN JANUARY

Highlights –

• S. Korea’s retail sales rose by 6 percent in January.
• Due to the pandemic more consumers purchased daily necessities from online stores.
• In January, combined sales of 26 major offline and online retailers reached 12...

LG ELECTRONICS ESTIMATES INCREASE IN FOURTH-QUARTER EARNINGS in 2020

Highlights –

• LG Electronics estimates an increase in fourth-quarter earnings in 2020.
• The company estimated an operating profit of 647 billion won.
• LG’s H&A business unit division logged around 400 billion won in the fourth ...

SAMSUNG VICE CHAIRMAN HINTS AT ALL-NEW SMARTPHONE DESIGN TO OVERTAKE CANDYBAR-STYLE SMARTPHONE

• A decade has gone by with bar-style smartphones with broad screens on the front having dominated the smart device market, Samsung Electronics has come perilously close to turning the trend around with all-new form factor phones such as the Galaxy Z Fold or the Galaxy Z Flip phones that fo...

SAMSUNG ELECTRONICS’ EYES TRAINED ON HOME ESSENTIALS FOR EUROPEAN MARKET AT IFA

• Samsung Electronics on Wednesday unveiled an array of home appliances targeting the European market, through a virtual press conference held to commence IFA 2020 this week.
• Entitled “Life Unstoppable,” the online press conference amid the long-drawn COVID-19 pandemi...