SEOUL, Oct. 26 (Korea Bizwire) — LG Display Co. said Wednesday its operating losses widened in the third quarter on slowing demand for its key products and falling prices, while remaining in deficit for the second quarter in a row. The major panel maker reported a third-quarter net loss of 774 billion won (US$542.7 million) [...]
SEOUL, Oct. 13 (Korea Bizwire) — LG Electronics Inc. announced that it has developed new technology that prevents fires caused by electric arcs and signed an agreement with the Korea Electronics Technology Institute on Wednesday to jointly verify and standardize the technology. Arcs can be caused by partial severance of an electric cable, a loose [...]
SEOUL, Oct. 5 (Korea Bizwire) – LG Electronics Inc. said Tuesday it will exhibit an artwork made by recycling an OLED TV packaging box at the Nike Art Gallery in Lagos, Nigeria by the end of this year. The artwork was created in collaboration with the African climate change response NGO Solution 17 and a [...]
SEOUL, Oct. 4 (Korea Bizwire) — South Korea’s home appliance makers are redoubling efforts to improve customer access to their products, aimed at enabling anyone, including physically handicapped people, elderly people and children, to use them more easily and conveniently. In early August, LG Electronics Inc. released a PuriCare Objet Collection water purifier using the [...]
SEOUL, Oct. 2 (Korea Bizwire) — LG Electronics Inc. said Sunday it has showcased the world’s largest organic light-emitting diode (OLED) TV at the latest trade show in the U.S. in a bid to target the premium TV market in North America. LG Electronics unveiled the lineup of its 97-inch OLED TV, or the OLED [...]
SEOUL, Oct. 2 (Korea Bizwire) — In recent years, LG Electronics Inc., a global leader in traditional home appliances, has striven to become an industry leader that creates hardly-seen-before and innovative devices, ranging from a steam closet to an automated indoor gardening device to a home brewer. Such moves, regardless of how niche of a [...]
SEOUL, Sept. 29 (Korea Bizwire) — Samsung Electronics Co. and Apple Inc. are focusing on the promotion of smartphones via offline experiential booths as they begin to concentrate on the high-yield premium smartphone market. Samsung has opened up Galaxy Studios at some 60 locations in the country, offering the public a chance to try out [...]
SEOUL, Sept. 29 (Korea Bizwire) — Samsung Electronics Co. said Wednesday that the number of home electronics devices worldwide connected to its SmartThings platform had exceeded the 10 million milestone as of Sept. 12. SmartThings, released in 2018, is a smart home platform that connects a wide range of Samsung home appliances through Internet of [...]
SEOUL, Sept. 27 (Korea Bizwire) — South Korean mobile carriers SK Telecom Co. and KT Corp. have raised the amount of subsidies for the high-end model of Samsung Electronics Co.’s latest foldable smartphone ahead of next month’s scheduled launch of new iPhone models in the country, according to industry sources Tuesday. SK Telecom, the country’s [...]
SEOUL, Sept. 26 (Korea Bizwire) — LG Electronics Inc. said Sunday it had hosted a series of drone shows at the Han River Park in Yeouido, Seoul last Saturday in celebration of the release of the new MoodUp refrigerator. The shows were held at 7:30 p.m. and 10:30 p.m. for 10 minutes, during which 1,000 [...]