SEOUL, Oct. 15 (Korea Bizwire) – LG Electronics Inc. said Wednesday it has opened a showroom for its new luxury brand SKS in southern Seoul to strengthen its presence in the high-end built-in appliance market. Located in the Gangnam district, the showroom displays SKS appliances designed to enhance luxury kitchen aesthetics and functionality, alongside furniture [...]
SEOUL, Oct. 9 (Korea Bizwire) — More than a decade after introducing the world’s first mass-produced OLED TV, LG Electronics continues to lead the global market thanks to what analysts call a “compounding advantage” born from years of steady innovation and refinement. According to a recent analysis by the U.S. technology outlet PCMag, LG’s long-term investment [...]
SEOUL, Sept. 5 (Korea Bizwire) –Demand for organic light-emitting diode (OLED) panels among major television and monitor makers is expected to see a boost throughout the remainder of 2025, industry data showed Friday, a trend likely to benefit LG Display Co., a leading OLED supplier. According to global market research firm Omdia, LG Electronics Co. [...]
SEOUL, Sept. 4 (Korea Bizwire) –The world’s leading electronics makers are converging on Berlin this week for IFA 2025, Europe’s largest consumer technology fair, where artificial intelligence and energy efficiency are expected to dominate the conversation as competition intensifies in the premium appliance market. The five-day event, which begins September 5 under the theme “Imagine [...]
SEOUL, Aug. 28 (Korea Bizwire) — Samsung Electronics plans to unveil its latest lineup of Bespoke AI appliances at IFA 2025 in Berlin next month, pitching an upgraded vision of the “AI Home” that the company says will turn futuristic living into an everyday reality. Under the theme “AI Home – Future Living, Now,” Samsung [...]
SEOUL, July 14 (Korea Bizwire) — LG Electronics is making a strategic push into Europe’s mid- to low-end appliance market by collaborating with Chinese manufacturers from the product design stage — a first for the South Korean tech giant. According to industry sources on July 14, LG plans to launch a new front-load washing machine [...]
SEOUL, June 30 (Korea Bizwire) — LG Electronics Inc., South Korea’s leading home appliance maker, said Monday it came close to meeting its 2030 greenhouse gas emissions target in 2024, driven by the adoption of high-efficiency equipment and expanded use of renewable energy. In its 2024-2025 Sustainability Report, the company said its combined Scope 1 [...]
SEOUL, June 13 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are scrambling to assess the impact of Washington’s decision to add home appliances to a list of derivatives subject to a 50 percent steel tariff, according to industry sources Friday. The U.S. commerce department has published a notice on the Federal Register, [...]
SEOUL, May 8 (Korea Bizwire) — LG Electronics Inc. said Thursday it will break ground on a new home appliance factory in India, reinforcing its commitment to the fast-growing South Asian market. A groundbreaking ceremony of the plant in Sri City, an industrial hub in the eastern state of Andhra Pradesh, will be attended by [...]
SEOUL, March 20 (Korea Bizwire) — Samsung Electronics Co. will showcase its latest home appliances driven by artificial intelligence (AI) and unveil its vision for hyper-personalized smart living next week, industry sources said Thursday. At the “Welcome to Bespoke AI” event scheduled for Wednesday, Samsung Electronics will introduce Home AI, an advanced ecosystem that integrates [...]