Samsung Electronics, LG Electronics and Mustek have been heavily impacted by the ongoing lawlessness in KwaZulu-Natal, with Samsung’s distribution centre in Cato Ridge attacked by looters.
Samsung Electronics on Wednesday said first quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs.
LG Electronics will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market.
LG Electronics may shut down its mobile communication business rather than sell it, DongA Ilbo reports, citing an unidentified person in the electronics industry.
LG Electronics has reorganised its mobile phone division to increase outsourcing of its low-end to mid-tier smartphones, which analysts said represented an attempt to cut costs and compete with Chinese rivals.
LG Electronics has unveiled a new face mask that includes built-in fans and filters to create what the company is calling a “wearable air purifier”.
Qualcomm on Tuesday said it is putting 5G technology into chips for smartphones that will sell for as little as R5 000 and that will come to market in the second half of this year.
Vodacom has yet to launch its commercial 5G network – based on a recently signed national roaming agreement with Liquid Telecom – but TechCentral this week was able to put it through its paces.
Samsung Electronics, LG Electronics and other companies in South Korea are taking precautions against the coronavirus after a rising number of cases in the country.
Chinese gadget manufacturer TCL Communication has become the latest company to scale back its presence at upcoming tech show Mobile World Congress over concerns about coronavirus.