SEOUL, Dec. 4 (Korea Bizwire) — LG Electronics convened a workshop in Seoul on Thursday with the Eclipse Foundation and major global automakers to accelerate the development of open-source software for software-defined vehicles (SDVs), part of the company’s broader push to expand its automotive solutions business. The event — the Eclipse SDV Community Meetup — brought [...]
SEOUL, Nov. 28 (Korea Bizwire) — LG Electronics Co. on Friday unveiled a new 200 billion-won (US$136.5 million) shareholder return program for the next two years, with detailed plans to be announced in the near future. The company also plans to retire its remaining treasury stock of 1,748 common shares and 4,693 preferred shares after [...]
SEOUL, Nov. 20 (Korea Bizwire) — LG Electronics said on Nov. 20 that it has signed a patent licensing agreement with Amazon covering the use of LG’s Wi-Fi standard-essential patents (SEPs) in the U.S. tech giant’s consumer devices, marking a significant step in the Korean company’s push to monetize its intellectual property portfolio. Under the agreement, [...]
SEOUL, Nov. 19 (Korea Bizwire) – LG Electronics Inc. said Wednesday it has opened a showroom for its new luxury brand SKS in Chicago as part of efforts to expand its presence in the high-end built-in appliance market in the United States. Designed by Italian architect Piero Lissoni, the showroom is located at Merchandise Mart, [...]
GYEONGJU, Oct. 28 (Korea Bizwire) — South Korea’s LG Electronics is showcasing its latest display technologies at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju this week, transforming its transparent, wireless OLED television into an enormous chandelier-like installation. The company said Tuesday it is participating in the four-day “K-Tech Showcase,” an official event alongside the [...]
SEOUL, Oct. 23 (Korea Bizwire) — LG Electronics Inc. said Thursday it ranked first in four categories in the 2025 U.S. Appliance Satisfaction Study released by market research firm J.D. Power, marking the highest number of wins among all brands evaluated. The South Korean tech giant took the top spot in the French-door refrigerator, side-by-side refrigerator, [...]
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, Oct. 7 (Korea Bizwire) — As South Korea’s population rapidly ages, LG Electronics is ramping up its efforts to capture the growing senior consumer market through customized products and accessible services, from simplified televisions to tailored AI home training programs. The company announced Wednesday that it will host AI Home usage workshops for seniors [...]
SEOUL, Oct. 2 (Korea Bizwire) – LG Electronics Inc. on Thursday unveiled new modular housing models featuring the latest home appliances in response to the growing demand for second houses. The South Korean tech giant launched two new models of the LG Smart Cottage, which refers to the company’s prefabricated home equipped with its heating, [...]