Technology

Samsung, LG grab CES innovation awards

Samsung, LG grab CES innovation awards
Written by Yonhap News

Samsung, LG grab CES innovation awards

SEOUL – South Korean electronics giants Samsung Electronics Co. and LG Electronics Inc. said Wednesday they will likely be recognized for their innovative products at the Consumer Electronics Show (CES), one of the world’s biggest consumer electronics fairs.

A total of 24 Samsung products and 15 LG products are scheduled to receive accolades for their innovativeness at the 2014 CES, which is scheduled to open in Las Vegas on Jan. 7-10, the two companies said in separate press releases.

The list of electronics products selected for the CES innovation awards include released products such as Samsung’s smart TVs and curved OLED TVs.

Samsung, the world’s largest manufacturer of flat TVs, released OLED TVs with curved displays in June this year, joining the race for the next-generation TV market.

Samsung Electronics follows its local rival LG Electronics, which started receiving orders for the same-size OLED TVs in January for the first time in the world.

The two tech behemoths have showcased a variety of new products at the CES. Earlier this year, they displayed large-sized high-definition (HD) TV line-ups.

Both companies welcomed the award nominations.

“The CES innovation awards show that LG’s technology, design and service competitiveness have been acknowledged. We plan to continue to provide differentiated values for consumers through various products,” said an LG official.’

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