SEOUL, March 17 (Korea Bizwire) — LG Electronics set a new record for research and development (R&D) spending in 2024, investing heavily in AI-driven smart home technology, automotive electronics, and heating, ventilation, and air conditioning (HVAC) systems. According to LG’s latest business report, the company spent ₩4.76 trillion ($3.28 billion) on R&D in 2024, marking a [...]
SEOUL, March 17 (Korea Bizwire) — A pilot program implementing artificial intelligence monitoring on LG Electronics’ employee shuttle buses has led to significant improvements in driver safety, according to findings released today by the Korea Transportation Safety Authority. The three-month trial, conducted from September to November last year on 14 long-distance shuttle buses serving LG Electronics’ Changwon [...]
SEOUL, March 11 (Korea Bizwire) — LG Electronics Inc. said Tuesday its new advanced organic light-emitting diode (OLED) and quantum nanocell-emitting diode (QNED) TVs will soon hit the market, with their user-friendly artificial intelligence (AI) and upgraded image quality. The 2025 OLED evo incorporates brightness booster technology, which optimizes the display algorithm and organic compound [...]
SEOUL, Feb. 21 (Korea Bizwire) — LG Electronics Inc. has invested in Silicon Valley-based mobility software startup Apex.AI as part of its broader plans to expand collaborations with software providers in the artificial intelligence (AI) era, the U.S. company said Friday. “LG Electronics, a global innovator in technology and consumer electronics, including vehicle solutions, has [...]
SEOUL, Feb. 20 (Korea Bizwire) — LG Electronics announced on February 20 that it has rebranded its ultra-premium built-in kitchen appliance line, ‘Signature Kitchen Suite’ (SKS), as part of a strategic effort to expand its presence in the global luxury appliance market. Launched in 2016, the Signature Kitchen Suite brand marks its 10th anniversary this year, [...]
SEOUL, Feb. 10 (Korea Bizwire) — LG Electronics is presenting its latest customized heating, ventilation, and air conditioning (HVAC) solutions at the AHR Expo 2025, North America’s largest HVAC industry exhibition, taking place in Orlando, Florida, through February 12. This marks LG’s first major exhibition since establishing the ES Business Unit late last year as part [...]
BARCELONA, Feb. 2 (Korea Bizwire) — South Korea’s tech giants Samsung Electronics and LG Electronics are showcasing their latest commercial display technologies at ISE 2025, Europe’s largest display exhibition, held from February 4 to 7 in Barcelona. Samsung has set up a 1,728-square-meter exhibition space, featuring a massive 462-inch ‘The Wall’ media façade at the entrance. The [...]
SEOUL, Jan. 24 (Korea Bizwire) — LG Electronics Inc. said Friday it has decided to secure management rights to a California-based artificial intelligence (AI) robotics startup as part of its push to expand its robotics business. At its board of directors meeting, LG Electronics decided to increase its stake in Bear Robotics to 51 percent [...]
SEOUL, Jan. 20 (Korea Bizwire) — LG Electronics is set to release its latest massage chair, the LG Healing Me Objet Collection ArteUP, on January 24, incorporating advanced artificial intelligence (AI) features and subscription options. The chair is designed to combine high-tech functionality with furniture aesthetics. The ArteUP features a lounge chair design and utilizes six-directional [...]
LAS VEGAS, Jan. 6 (Korea Bizwire) — LG Electronics Inc. on Monday announced a strategic partnership with Microsoft Corp., aiming to lead artificial intelligence (AI) innovations by combining its customer insights from various devices and spaces with the U.S. tech giant’s advanced AI technologies. Under the partnership, the two companies will collaborate on the development [...]