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FIRST UNMANNED ELECTRONICS STORE OPENS IN JAPAN
HIGHLIGHTS
- The first unmanned electronics store in Japan has opened in Tokyo.
- The new store called GO12 is completely unmanned.
- In Tokyo, GO12 is located in the Kamata neighborhood.
- GO12 will soon have a security system to preven...
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...
JAPAN REPORTS RISE IN DOMESTIC SHIPMENTS OF HOUSEHOLD ELECTRICAL APPLIANCES IN 2020
Highlights –
- Japan reports a rise in domestic shipments of household electrical appliances in 2020.
- The shipments were reported to be worth 2.5 trillion yen, up by 1.0 percent.
- Air conditioner shipments sales volume gained 0.6 percent...
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 AND LG PROFITS TO RESURGE AS COVID-19 FAILS TO NORMALIZE
- After several months of sales anomalies due to the COVID-19 pandemic, Samsung and LG Electronics are now seeing healthy increase in the demand for appliances.
- This goes so far as some analysts predicted Sunday that the fourth quarter could also be good for the two tech giants a...
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...
Samsung re-imagines its clothing care line with an air-dresser, an innovative appliance that not just refreshes but also sanitizes the clothes without a wash
Samsung Electronics just announced the launch of its brand new innovative Air-Dresser in the global markets all around the world, including in United Kingdom and even Russia. The latest home innovation by Samsung uses powerful steam and air to remove both, the dust particles and the germs from th...