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LG Electronics Launches New Initiative to Engage with Generation Z

LG Electronics Launches New Initiative to Engage with Generation Z

SEOUL, Mar. 15 (Korea Bizwire) – In a move to better understand and incorporate the perspectives of future consumers, LG Electronics has announced the launch of the fourth iteration of its ‘LG Crew’ program. Held in Seoul’s Yeongdeungpo district at the Ground220 venue, the inauguration ceremony of the LG Crew’s fourth cohort took place on March [...]

LG Electronics Introduces AI-Powered Fault Prediction for Commercial Air Conditioning Systems

LG Electronics Introduces AI-Powered Fault Prediction for Commercial Air Conditioning Systems

SEOUL, Feb. 21 (Korea Bizwire) – LG Electronics has announced the launch of an AI-based fault prediction feature in its LG BECON cloud system, marking the introduction of South Korea’s first ICT-based remote maintenance system for commercial air conditioning systems. The feature, set to be implemented by the end of this month, is designed to enhance [...]

LG Electronics to Release User-Friendly Guides for Slow Learners and Children with Developmental Disabilities

LG Electronics to Release User-Friendly Guides for Slow Learners and Children with Developmental Disabilities

SEOUL, Feb. 8 (Korea Bizwire) – LG Electronics announced on February 7 the publication of “Easy-to-Read” booklets for washing machines and microwaves, designed to help slow learners and children with developmental disabilities to use household appliances. These easy-to-read guides comprise storybooks that explain scientific principles and knowledge that can be discovered through appliances, along with supplements [...]

LG Electronics Inaugurates First International Electric Vehicle Charger Plant in the United States

LG Electronics Inaugurates First International Electric Vehicle Charger Plant in the United States

SEOUL, Jan. 13 (Korea Bizwire) – LG Electronics Inc. said Saturday that it has opened its first plant in the U.S. for electric vehicle (EV) charging stations, as part of its strategy to advance into the fast-growing EV charging solutions business. The factory based in Fort Worth, Texas, has an annual capacity of over 10,000 [...]

LG Electronics Plans 10 Trillion Won Investment in 2024 to Bolster Growth Momentum

LG Electronics Plans 10 Trillion Won Investment in 2024 to Bolster Growth Momentum

LAS VEGAS, Jan. 10 (Korea Bizwire) – LG Electronics Inc.’s chief executive said Wednesday the company’s annual investment will reach 10 trillion won (US$7.57 billion) this year in a bid to expand its business boundaries and secure future growth momentum. “Despite protracted macroeconomic uncertainties, we are committed to maximizing future growth by increasing investment based [...]

LG Electronics Unveils AI-Powered Solutions for a Smarter Life

LG Electronics Unveils AI-Powered Solutions for a Smarter Life

LAS VEGAS, Jan. 7 (Korea Bizwire) – LG Electronics Inc. on Sunday announced its upcoming showcase of “Smart Life Solutions,” a cutting-edge lineup centered around artificial intelligence, at the upcoming CES 2024 tech show. With a theme of “Reinvent your future,” the South Korean consumer electronics giant is set to highlight connectivity and customization across [...]

LG Electronics Reports Soaring Q4 Operating Profit Driven by Home Appliances and Vehicle Component Solutions

LG Electronics Reports Soaring Q4 Operating Profit Driven by Home Appliances and Vehicle Component Solutions

SEOUL, Jan. 8 (Korea Bizwire) – LG Electronics Inc., South Korea’s leading home appliance maker, said Monday its operating profit likely more than quadrupled in the fourth quarter from a year earlier, helped by robust sales of home appliances and vehicle component solutions. Operating profit for the three months ended in December soared to an [...]

LG Electronics Launches Ground 220, Customer Experience Space Designed by Gen Z for Gen Z

LG Electronics Launches Ground 220, Customer Experience Space Designed by Gen Z for Gen Z

SEOUL, Dec. 26 (Korea Bizwire) – LG Electronics has recently opened Ground 220, a customer experience space specifically tailored for Generation Z (those born in the mid-1990s to early 2000s). This innovative space, which opened its doors on December 15 with a series of talks and music concerts, is drawing attention for heavily incorporating ideas from [...]

LG Electronics Partners with Saint-Gobain Sekurit to Unveil Next-Generation Transparent Antenna

LG Electronics Partners with Saint-Gobain Sekurit to Unveil Next-Generation Transparent Antenna

SEOUL, Dec. 19 (Korea Bizwire) – LG Electronics has announced a strategic partnership with global automotive glass company Saint-Gobain Sekurit to introduce a cutting-edge transparent antenna for motor vehicles, a move signaling significant advancements in automotive communication technology. This innovative product will be showcased to automotive clients at the Consumer Electronics Show (CES) 2024 in Las [...]