Samsung’s “Galaxy S4” Sells over 10mn in One Month

July 12, 2013 by Leave a Comment

The “Galaxy S4,” an ambitious smartphone developed by South Korea-based Samsung Electronics, sold over 10 million units in one month since its launch, in line with the market expectation. Samsung Electronics recently said the Galaxy S4, which arrived in its home market on April 26, broke the sales mark of 10 million units in the shortest time, one month, on a shipment basis. That means four Galaxy S4 phones have sold per second. It took 50 days shorter than its predecessor “Galaxy S3,” five months shorter than the “Galaxy S2,” and seven months shorter than the “Galaxy S” to reach the 10 million mark.

 
Samsung Electronics unveiled the latest smartphone in 60 countries on April 27 simultaneously, and will be offering the model to 327 operators in 155 countries in total within the first half(H1) this year.
The Galaxy S4 is enjoying the sweeping success, backed by 20 years of Samsung’s cumulative knowhow in innovation, technological competence, marketing focused on user experience and emotion and consistent customer support in the mobile phone segment, said the tech giant.

 
For every year since its launch in 2010, the Galaxy S series has redefined the smartphone landscape by embedding leading, cutting-edge technologies and setting the latest trend worldwide. “The sales feat was achieved in large part thanks to support from our customers around the world,” said Samsung Electronics’ mobile chief Shin Jong-kyun. “We will intensify our commitment to innovation and technology to provide unmatched value to consumers worldwide.”

 

By Kim Min-su : Here

Filed Under: Trade news

Samsung, LG Bolster Presence in N. American Smartphone Market

July 11, 2013 by Leave a Comment

South Korea’s smartphone makers Samsung Electronics and LG Electronics’ combined smartphone sales surpassed Apple’s in the North American market, data showed.
Combined smartphone sales of Samsung and LG overtook Apple’s 11.9 million units to reach 12.2 million units in the first quarter(Q1) of this year in North America, recently said US-based market research firm Strategy Analytics(SA) .

 
Combined market share of South Korea’s top two smartphone makers stood at 38.4percent, one percentage point higher than that of Apple. This came as Apple’s Q1 sales fell an amazing 6.8 million units quarter on quarter(qoq), whereas LG’s sales climbed 600,000units.

 
LG, the only company to enjoy higher sales among those ranking from first to third spot, saw its market share up from 5.7percent to 9.4percent. In other words, one out of 10 smartphones sold in North America in Q1 was LG smartphones. During the same period, Samsung saw its sales down 2.4 million units but its market share grew 1.3 percentage points as the North American market downsized. Meanwhile, Apple’s market share shrank 7.1 percentage points.

 

 

By Kim Min-su : Here

Filed Under: Trade news

S. Korea’s Exporters Seek High Return at High Risk

April 19, 2013 by Leave a Comment

South Korea has an export portfolio that seeks a high return at a high risk, suggesting the nation’s exporters are vulnerable to cyclical movements of the global economy. This has raised the need to reduce the nation’s dependence on exports of petroleum products that are sensitive to economic cycles and diversify export markets that are currently heavily concentrated on Asia.

Korea’s exports have grown at a rapid pace with a portfolio that comprises several highly profitable products and export markets at the expense of bearing a proportionately high risk, according to a report released by the Korea International Trade Association(KITA). In the portfolio, the share of petroleum products, optical devices, cars and steel out of total exports has increased since mid-2000s, leading to a larger profitability and risk.

Korea was expected to have the highest profitability among the world’s top seven exporters, and carried the second-largest fluctuation risk following that of the Netherlands. The nation carries a high risk because its major  exports are sensitive to global cyclical movements. The risk heightened especially because petroleum products have accounted for an increasingly larger share of the nation’s overall exports since 2003.

Korea was expected to have the highest profitability among the world’s top seven exporters, and carried the second-largest fluctuation risk following that of the Netherlands. The nation carries a high risk because its major exports are sensitive to global cyclical movements. The risk heightened especially because petroleum products have accounted for an increasingly larger share of the nation’s overall exports since 2003. Among the world’s seven largest exporters, Korea demonstrated the highest profitability expectation and risk. East Asia(37 percent) and Northeast Asia(13 percent), which account for over half of Korea’s exports, see rising demands for imports from the nation but the demands are highly likely to fluctuate.

If you want more information, please contact us.
Korean-electronics.com | Blog Magazine of Korean electronics, brands, and goods
Filed Under: Trade news Tagged With: , , , , ,

23rd Korean International Broadcast, Audio&Lighting Equipment Show

April 16, 2013 by Leave a Comment

ddaaaaaa

The 23rd Korean International Broadcast, Audio&Lighting Equipment Show has been co-hosted by Korea E&EX and the
Korea Broadcasting Engineers & Technicians Association (KOBETA) since 1991 for the improvement of the technology and culture of the domestic broadcasting and the development of the nation’s video, sound, and lighting industry. KOBA2013 will be held with a total scale of 25,405sqm. For the Show, an unprecedented 830 companies from 35 countries including 170 domestic enterprises will present the promising future of the industry of the next-generation broadcasting service, video, sound, and lighting. During this period, in particular, the Show will enable visitors to take advantage of invaluable opportunities to obtain broadcasting and acoustic-related professional information through the various KOBETA-organized “International Broadcasting Technology Conferences”, etc. For attendees, various types of concurrent events including “8th Dynamic Blaster(acoustic demonstration), etc. are also available. The Exhibition will not only allow end-users attended to access practical technical information regarding equipment of broadcasting, video, acoustic, and lighting across the globe, but also help exhibitors to accomplish their business aims including enhancing their company images. Given that the global trend of “Convergence” contributes to creating of dynamic markets through the technology innovation beyond boundaries among technology, service, and business and the creative consumers’ participation, the upcoming Show will ensure that participants grasp the overall trend of the new-generation industry of broadcasting, video, acoustic, and lighting, all of which play a pivotal role in the development of the culture industry, and thus consequently it will allow them to be armed with competitiveness and visions – to cope with the sharply changing trends in the sectors.

 

 

• Korea E & EX Inc. (KOBA 2013 Secretariat)
Rm. 2001, KWTC, Samsung-dong, Gangnam-gu, Seoul, 135-729 Korea
Tel: (82-2)551-0102 Fax: (82-2)881-0103
E-mail : ashley@eandex.co.kr / koba@kobashow.com

Filed Under: Trade news Tagged With: , ,

LG Elec. Grabs 3rd Highest Market Share in N. America

April 1, 2013 by Leave a Comment

201303e_3

South Korea’s electronics giant LG Electronics jumped to third spot in the ranking of North American market share, the first-time ever since its entry into the smartphone business.

LG Electronics came in third in terms of smarphone market share in North America with a 7.1 percent market share followed by Apple(37.6 percent) and Samsung
Electronics(26.6 percent), according to a recent report of US-based market researching firm Strategy Analytics(SA).

LG saw its ranking up by one notch every year from seventh in 2009, sixth in 2010 and fifth in 2011 and overtook both HTC and Blackberry last year.

The result came from the recent rollout of high-end LTE(long-term evolution) smartphones and 3G(third generation) smartphone L-series including the Optimus G and Optimus View(named Intuition in the US) in the North American market. Its improved brand awareness through the launch of VoLTE(Voice over LTE)-capable smartphone Connect 4G and 4G handsets on Metro PCS, all of which was the first-ever achievement in the world, also led to the rise in the Korean-based company’s ranking.

 

If you want more information about ‘Digital Breathalyzers’, please contact us.
Korean-electronics.com | Blog Magazine of Korean electronics, brands, and goods

Filed Under: Trade news Tagged With: , , ,

Number of S. Korean leading export products falls in global market

March 25, 2013 by Leave a Comment

A whopping 10 South Korean leading export products lose its ground to Chinese comparable products in a year, reported a local news agency.

The number of Korea’s export items each of which took the largest share in the global export market declined from 71 in 2010 to 61 in 2011. 16 products emerged as leading export items, while 26 products lost No. 1 title in their respective export markets. The total value of the nation’s leading export products also shrank 17.7 percent from $125.6 billion in 2010 to $103.4 billion in 2011, posting a negative growth in four years since 2007.

Out of the total 26 leading export items that failed to grab the world’s No.1 spot, half of them lost out to Chinese products. Those items include IT products like liquid crystal devices, flat-rolled products of iron or non-alloy steel and filament yarn and other petrochemical and steel products.

The number of leading export items that China has outperformed Korea is growing from two in 2009, seven in 2010 and 12 in 2011. China is also closely following Korea’s lead by grabbing second spot in 13 items among 61 ones that Korean ones enjoyed the highest market share. 45 Korean products topped the list in the ranking of leading export items for two consecutive years from 2010 and 16 items newly emerged as leading export items

If you want more information, please contact us.
Korean-electronics.com | Blog Magazine of Korean electronics, brands, and goods
Filed Under: Trade news Tagged With: ,

Q3 export sentiment hits record-low since Q1, 2009

September 17, 2012 by Leave a Comment

Q3 export sentiment hits record-low since Q1
Business conditions for South Korea’s exports will continue to stagnate in the third quarter (Q3) of this year due to euro-zone financial problems and China’s economic slowdown, a poll recently showed.

The export business survey index(EBSI) came at 87.5 for the July- September period, the lowest level since it record 66.1 in Q2 of 2009, based upon a survey of 964 local companies by the Korea International Trade Association (KITA).

The latest number shows that the EBSI has fallen below the 100 mark for Q4 in a row, meaning that pessimists outnumber optimists. The survey also showed that shipbuilding and petrochemical exporters have the gloomiest outlooks for the quarter with their index numbers reaching 57.1 and 66.7, respectively.

Of the companies surveyed, 22.7 percent said decreasing demand in Europe and China would pose difficulties for them, while 19.6 percent said a rise in raw material prices will likely pose the biggest problem for them in the coming months.

 

Container cargo volume climbs 4.7 pct in June

 

Container CargoThe volume of container cargoes handled by South Korean seaports in June this year will rise 4.7 percent on-year to log 1.87 million TEU(twenty-foot equivalent unit), revealed the Ministry of Land, Transport, and Maritime Affairs(MLTM) Import and export cargoes are estimated to climb 4.1 percent to reach 1.15 million TEU, while transshipment cargos will climb 7.2 percent to 0.69 million TEU.

Transshipment cargoes, which have been recording a double-digit growth for 14 straight months since February last year, are believed to slow to post a single-digit growth for the first time in 15 months this June. Europe’s debt crisis has caused China’s cargo volume to shrink drastically, the explanation goes.

Busan Port, the largest port in Korea, saw its container cargo volume rise 5.3 percent on-year to 1.43 million TEU, while transshipment cargo grew 7.0 percent to 0.66 million TEU. The fall in cargo volume at the northern Chinese seaports such as Tianjin and Dalian caused transshipment figures to dip, say experts.

Gwangyang Port posted a cargo volume of 172,000 TEU, up 8.8 percent, on increasing exports and imports to and from China, the U.S. and Russia. The cargo volume at Incheon Port declined 0.5 percent to 162,000 TEU, said the MLTM.

If you want more information, please contact us.
Korean-electronics.com | Blog Magazine of Korean electronics, brands, and goods
Filed Under: Trade news Tagged With: ,
«Previous Page