Samsung unveiled its latest flagship smartphone series Galaxy S22 with upped camera features as well as one model housing the S Pen stylus like the Galaxy Note.Galaxy S22 series comes in three models: Galaxy S22 Ultra, Galaxy S22 Plus and Galaxy S22.Galaxy S22 Ultra comes with a dedicated port for t

Samsung is planning to manufacture components enough to produce 30 million units of its Galaxy S22 series of smartphones which will be unveiled on Wednesday this week, TheElec has learned.This is 20% higher than the initial components it manufactured for the Galaxy S21 series last year.The component

Edison Motors chief executive Kang Young-kwon told TheElec that the company plans to form joint ventures with global automobile companies after the completion of its acquisition of Ssangyong Motor.Last week, Ssangyong Motor was sold to a consortium led by Edison Motors for 304.9 billion won.After th

Samsung manufactured approximately 300 million smartphones in 2021, TheElec has learned.According to sources, it manufactured 238.88 million units on its own. Over 60 million units were manufactured through joint development manufacturers such as Wintech and Huaqin. In total, Samsung made slightly o

Hyundai Motor is reviewing plans to expand electric vehicle production in the US.The company is likely to expand its existing facilities in Alabama and Georgia, built in 2005 and 2010, respectively, but could also build a new factory in Tennessee, people familiar with the matter said.Sunbelt regions

LG Electronics’ TV boss said on Tuesday that the company would “welcome” Samsung joining the OLED TV market.Park Hyoung-sei, head of home entertainment at LG Electronics, said if Samsung Electronics joins the OLED TV market, it will impact the expansion of the ecosystem "positively."Park also stress

Samsung and LG on Monday unveiled new TVs at CES 2022, which will run from January 5 to 7 at Las Vegas.Samsung said its new MicroLED TVs will come in 110-inch, 101-inch and 89-inch sizes.MicroLED TVs are comprised of micrometer-sized LEDs, usually under 100 micrometers individually, that act as pixe

Healthcare firm Answer is planning to expand the availability of its Rora VR virtual reality service to more exercise machines, TheElec has learned.The service was only available for indoor cycling machines but will now be available on running machines and steppers.Rora VR machines were by attaching

Samsung ceded its top spot in Mexico in smartphones to Motorola during the third quarter this year, according to market research firm Counterpoint Research.Motorola, Samsung, Oppo, ZTE and Xiaomi each held a market share of 23.9%, 17.9%, 12.3%, 12.2%, and 11.4%, respectively, in the Latin American c

Auto component firm Cevo Mobility is planning to build a factory at Vietnam next year to expand into ASEAN countries, TheElec has learned.A company spokesperson said the precise timeline has yet to be fixed but it is planning to build a production facility in Vietnam to use it as a bridgehead to for

Augmented reality (AR) startup Twohands Interactive will supply its AR exercise platform Didim to senior welfare center, its CEO Yoo Wang-yun said.Yoo said the company wanted to use its experience in developing casual games to develop contents that seniors can enjoy.Didim is a kiosk comprised of a p

Shipment of smart speakers and smart display __ or smart home hub products __ had increased 10% from a year ago during the third quarter of 2021, according to analyst firm Strategy Analytics.Shipment reached 39.3 million units during the third quarter, the firm said.Shipment of smart displays increa

Laonz said on Monday that it has launched new smart glasses to assist Parkinson’s disease patients in walking.Those with Parkinson’s suffer from freezing of gait, where they suffer sudden episodes of an inability to move their feet forward.Laonz’ smart glasses use augmented reality (AR) to form visi

Two-wheeler maker DNA Motors will build over 200 battery swapping stations across South Korea, the company said on Monday.The company is planning to collaborate with food delivery company Baedal Minjok and oil company GS Caltex to build the stations next year.DNA Motors is planning the move to make

Samsung had overtaken Xiaomi and the second-largest vendor for true wireless speakers (TWS), or wireless earphones, during the third quarter, according to analyst firm Canalys.Apple continued to dominate the sector with a market share of 24.6%, followed by Samsung’s 12% and Xiaomi’s 6.8%, during the

Daechang Motors was aiming to export electric trucks and box trucks next year, TheElec has learned.The company is aiming to launch Danigo-C, a 0.9 tonnes electric truck, and Danigo-T, an electric box truck, during the first half of 2022.It has previously said it plans to sell a total 5,000 units of

Samsung believes the chip shortage will continue to affect its smartphone operation up to the second half of 2022.The issue was discussed by TM Roh, the president of Samsung Mobile, during a meeting on November 10 with senior executives and executives from over 30 of its major smartphone component s

Samsung controlled 85% of the market share of the smartphone market in South Korea during the third quarter, according to analyst firm Counterpoint Research.It is the firm’s highest share points to date __ it had 72% market share a year ago and 71% market share during the second quarter this year.Ac

Apple is expected to overtake Samsung as the world’s largest smartphone vendor during the fourth quarter, according to analyst firm TrendForce.During the third quarter, Samsung took the top spot with 21.2% market share, followed by Apple’s 15.9%. Oppo, Xiaomi, Vivo ranked third from fifth.The South

Samsung is aiming to secure a share of 21.9% in the global smartphone market for the entire year of 2022, TheElec has learned.The tech giant is expecting that a total of 1.52 billion smartphones will be sold in 2022, which will be a 7.6% year-on-year increase, according to Samsung’s smartphone shipm