LAS VEGAS, Jan. 4 (Korea Bizwire) — LG Electronics Inc. will continue to diversify its business portfolio well beyond home appliances and seek new ways to drive growth, its top executive said Wednesday. “While continuing to invest in its core business technologies like artificial intelligence and 6G, LG is expanding its business into electric vehicle charging, [...]
LAS VEGAS, Jan. 2 (Korea Bizwire) — LG Electronics Inc. unveiled a vision for its TV business on Monday ahead of the opening of CES 2023, emphasizing connectivity and customization. The consumer electronics giant will dedicate itself to fulfilling the vision of Sync to You, Open to All, it said, based on its advanced organic light-emitting [...]
SEOUL, Dec. 28 (Korea Bizwire) — LG Electronics Inc. on Tuesday held a completion ceremony for a peak shaving energy storage system (ESS) at its home appliances factory LG Smart Park in Changwon, South Gyeongsang Province. The system is designed to contribute to lowering the burden of electricity charges as well as to reducing greenhouse [...]
SEOUL, Dec. 27 (Korea Bizwire) — LG Electronics Inc. has teamed up with a local firm to develop smart home appliances that utilize sleep analytics technology. The home appliance maker said Monday it has signed a memorandum of understanding with Asleep, a sleep tracking software startup, to work together in the field of sleep technology. [...]
SEOUL, Dec. 23 (Korea Bizwire) — LG Electronics Inc. said Thursday it had selected Viva Magenta as a new color option for its Dios Objet Collection MoodUp, a refrigerator that enables users to change the color of the appliance via a smartphone app. Customers will be able to add Viva Magenta to color options for [...]
SEOUL, Dec. 8 (Korea Bizwire) — LG Electronics Inc.’ OLED evo TV was named as the best TV of the year by many renowned overseas media. According to the global home appliance giant, the Britain’s Tech Advisor selected the LG OLED evo (C2 series) as this year’s best TV. Another British media outlet, TechRadar, also [...]
SEOUL, Nov. 4 (Korea Bizwire) — LG Electronics Inc. said Thursday it is distributing common-use braille stickers to customers for free as a way to enhance home appliance accessibility. Starting last year, the company has developed and distributed dedicated braille stickers for about 20 products for free. This time, it developed a common braille sticker [...]
SEOUL, Oct. 28 (Korea Bizwire) — LG Electronics Inc. on Friday reported record high sales backed by its electric vehicle (EV) components business but also experienced a big drop in net income in the third quarter on sluggish demand for consumer electronics amid high inflation and recession fears. The South Korean tech company reported in [...]
SEOUL, Oct. 18 (Korea Bizwire) — LG Electronics Inc. is speeding up efforts to gain a stronger foothold in the logistics robot market on the back of its next-generation self-driving logistics robot, CLOi CarryBot. The tech giant recently announced that it had signed a memorandum of understanding with artificial intelligence (AI) startup FASSTO to promote [...]
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 [...]