SEOUL, Sept. 5 (Korea Bizwire) — LG Electronics Inc. and German toymaker Playmobil have introduced home appliances and figurines developed in a collaboration project. LG said it will unveil various Playmobil figurines that depict home appliance engineers, influencers and interior designers at IFA 2022 held in Berlin, Germany until Tuesday. Playmobil is famous for its [...]
BERLIN, Sept. 1 (Korea Bizwire) — LG Electronics Inc. said Thursday it will unveil a never-seen-before refrigerator that can change its door colors at a global electronics trade show in Berlin, as part of efforts to lay out a new vision for home appliances. LG’s MoodUp refrigerator can customize the color of its LED door [...]
BERLIN, Sept. 1 (Korea Bizwire) — LG Electronics Inc. eyes to steal the hearts of young, tech-savvy consumers with its latest technological innovations at Europe’s largest consumer electronics show set to open in Berlin on Friday. The South Korean tech company will bring “unique” and “fun” home appliances that steam clean and store limited-edition sneakers. It [...]
SEOUL, Aug. 31 (Korea Bizwire) — LG Electronics Inc. said Tuesday it will unveil the Styler Shoecase and Shoecare at the Internationale Funkausstellung (IFA), the biggest annual electronics fair in Europe, set to open on Sept. 2. The total shoe care solution stores shoes at an optimum humidity and temperature and can also be used to [...]
SEOUL, Aug. 29 (Korea Bizwire) — LG Electronics Inc. said Monday it will showcase the world’s largest organic light-emitting diode (OLED) TV at the upcoming electronics show in Berlin, as it looks to expand its portfolio of large OLED TVs and solidify its leadership in the premium TV segment. LG said it will unveil a [...]
SEOUL, July 29 (Korea Bizwire) – LG Electronics Inc. on Friday said its second-quarter operating profit decreased 12 percent on-year amid rampant inflation that hurt consumer demand for TVs and other home appliances. Its operating income came in at 792 billion won (US$609 million) for the April-June quarter, falling short of analysts’ expectations surveyed by [...]
SEOUL, July 29 (Korea Bizwire) — Austrian automotive light maker ZKW Group, a subsidiary of South Koran tech giant LG Electronics Inc., said Thursday that it will invest US$102 million to expand its Silao plant in Mexico. The plant has been engaged in manufacturing premium lighting systems since 2016. With this investment, the plant’s floor [...]
SEOUL, July 7 (Korea Bizwire) — LG Electronics Inc. on Thursday estimated its second-quarter operating profit decreased 12 percent year-over-year on weaker demand for TV and home appliances amid rising inflation and raw material costs. Its earnings guidance for the April-June period showed the tech company’s operating profit declined 12 percent from a year ago [...]
SEOUL, July 6 (Korea Bizwire) — LG Electronics Inc. announced that one of the company’s OLED TVs had been selected as the Best OLED TV at the 2022 Summer Best Buy Awards hosted by HiVi, one of most powerful HiFi magazines in Japan. HiVi selects the best LCD and OLED televisions from each screen size. The LG OLED [...]
SEOUL, July 5 (Korea Bizwire) — LG Electronics Inc. said Tuesday it has secured 8 trillion won (US$6.1 billion) worth of new orders for electric vehicle (EV) parts and solutions in the first half, a sign that its new growth engine is gaining ground. While the South Korean tech company did not reveal the details [...]