budget smartphones

Automobiles Hyundai to launch 42 new cars to cope with Trump tariffs, EV slowdown

Hyundai Motor Group, the world’s third-largest automaker, plans to unveil 42 new models, including hybrids of existing cars, next year to cope...

Tech, Media & Telecom Samsung fends off Apple to reclaim global smartphone crown in Q1

Samsung Electronics Co. has regained its position as the world’s top smartphone vendor in the first quarter, outpacing Apple Inc. despite the ...

Central bank BOK stands pat; rate cut likely within 3 months as economic growth slows

The Bank of Korea (BOK) left its benchmark interest rate unchanged at 2.75% on Thursday, with Governor Rhee Chang-yong warning that a surge in globa...

Economy South Korea to boost aid for chipmakers to $23 billion, expanding extra budget

South Korea’s government is planning to increase support for chip makers to around $23 billion, proposing a bigger-than-expected supplementary...

Tech, Media & Telecom Samsung, Google to unveil smart glasses next year in deeper AI alliance

Samsung Electronics Co. and Google LLC are strengthening their long-standing alliance as the artificial intelligence (AI) era redefines the balance ...

Earnings Samsung’s Q1 profit beats expectations; Q2 outlook murky on tariff war

Samsung Electronics Co., the world’s largest memory chipmaker, posted stronger-than-expected first-quarter operating profit on Tuesday, booste...

IPOs LG Electronics set for early-May Indian stock market debut

LG Electronics Inc. is set to list its wholly owned subsidiary in India on the country's stock exchange in early May, aiming to raise up to $1.5 bil...

Airlines Sono Hospitality becomes new owner of Korean budget carrier T’way Air

South Korea’s top resort operator Sono Hospitality Group has emerged as the new owner of budget carrier T’way Air Co. by acquiring ...

Electronics Samsung Electronics' new Galaxy S25 smartphone: 'Perfect AI assistant'

SAN JOSE, Calif. – Last year, Samsung Electronics Co. scored a first-mover advantage with consumers by introducing the Galaxy S24 as an AI sma...

Business & Politics Korea sharply cuts 2025 growth forecast, opens door for extra budget

South Korea sharply lowered its economic growth forecast for this year amid the prolonged political turmoil following President Yoon Suk Yeol’...

Tech, Media & Telecom Google unveils Android XR platform to launch on Samsung headset

SILICON VALLEY/SEOUL -- Global tech giant Google LLC on Thursday introduced a new operating system for extended reality (XR) devices to be installed...

Economy Opposition-controlled Korean Parliament passes slashed $470 bn budget

South Korea's opposition-controlled National Assembly on Tuesday passed a government budget bill for 2025, slashed from the government's proposal am...

Airlines Korean Air-Asiana merger to spur M&A among budget carriers

Korean Air Lines Co.'s anticipated acquisition of Asiana Airlines Inc. is expected to spur domestic budget carriers to seek mergers, with the two do...

Electronics Samsung Electronics, LG Uplus to jointly develop ixi-O AI smartphone

South Korean tech giant Samsung Electronics Co. has joined forces with mobile carrier LG Uplus Corp. to unveil an AI smartphone embedded with a high...

Electronics Samsung Galaxy solidifies dominance in Indian smartphone market

South Korean tech giant Samsung Electronics Co. solidified its dominance in the Indian smartphone market, capturing its largest revenue share in the...

Robotics Hyundai Movex to lead S. Korea’s unmanned robot project

South Korea’s Hyundai Movex Co. was selected to lead the design of a high-precision large autonomous mobile robot (AMR) platform and integra...

Electronics Samsung’s Galaxy S24 FE: Budget smartphone packed with AI functions

Samsung Electronics Co. on Friday unveiled the Galaxy S24 FE, the latest addition to its AI-enabled smartphones series, with which the South Korean ...

Corporate strategy Hyundai's Chung to nurture Czech plant as hub for eco-friendly mobility

Hyundai Motor Co. Executive Chairman Chung Euisun has vowed to turn the South Korean automotive conglomerate’s plant in the Czech Republic int...

Tech, Media & Telecom S.Koreans log most hours on YouTube worldwide

YouTube was the most popular app among South Korean smartphone users, a study found, logging the most hours on the video streaming platform worldwid...

Culture & Trends Korea to launch regular K-content festival in June

South Korea plans to host a regular event showcasing its cultural products such as K-pop and foods in June of next year with the goal of making the ...

Tech, Media & Telecom Samsung tops S.Korean smartphone market with 76% share

In the second quarter of this year,  the market share of Samsung Electronics Co. in the South Korean smartphone market slightly increased, whil...

Electronics Samsung’s Circle to Search available on Galaxy A series to rival Xiaomi

Samsung Electronics Co. has been battling Apple Inc. in the high-end smartphone segment with its premium Galaxy S series packed with advanced featur...

Electronics LG Display to sell its last LCD plant to CSOT for $1.5 bn

South Korea’s LG Display Co. plans to sell its liquid crystal display (LCD) panel plant in Guangzhou, China, to TCL China Star Optoelectronics...

Electronics Slimming wars: Samsung aims to launch 7 mm foldable smartphone

When Samsung Electronics Co. unveiled its latest iteration of foldable smartphones – the Galaxy Z Flip6 and the Z Fold6 – at the Unpacke...

Electronics Samsung Galaxy Z foldable's pre-sales soars 40% rise in India

Samsung Electronics Co.'s latest foldable phones showed strong sales potential in India, the world's most populous country, with pre-sales for the G...

Electronics Samsung Electronics unveils new smartphone image sensors

Samsung Electronics Co. has developed new image sensors -- ISOCELL HP9, ISOCELL JN5 and ISOCELL GNJ -- expected to enable smartphones to take cleare...

Food & Beverage HiteJinro invests in table order service startup

HiteJinro Co., South Korea’s largest soju maker, announced on Monday that it invested in a stake in the table order service startup TMR Founde...

Electronics Samsung becomes No.1 smartphone brand in 38 countries in Q1

Samsung Electronics Co. has become No. 1 smartphone brand in 38 countries in the first quarter of this year.According to Counterpoint Research's Sma...

Electronics Samsung hits highest US smartphone market share in 4 years

Samsung Electronics Co. has achieved its highest market share in the US smartphone market in four years, thanks to its first AI phone the Galaxy S24...

Electronics Samsung returns to top, to up ante against troubled Apple

Samsung Electronics Co. snatched the crown from its archrival Apple Inc. as the top global smartphone seller last month thanks to brisk sales of its...