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 [...]
SEOUL, Oct. 7 (Korea Bizwire) — LG Electronics Inc. said Friday its preliminary third-quarter operating profit jumped around 25 percent from a year earlier. The tech company said its profit for the July-September period was predicted to come in at 746.6 billion won (US$529 million), up 25.1 percent from 540.7 billion won from the year-ago [...]
SEOUL, Oct. 5 (Korea Bizwire) – LG Electronics Inc. said Tuesday it will exhibit an artwork made by recycling an OLED TV packaging box at the Nike Art Gallery in Lagos, Nigeria by the end of this year. The artwork was created in collaboration with the African climate change response NGO Solution 17 and a [...]
SEOUL, Oct. 2 (Korea Bizwire) — LG Electronics Inc. said Sunday it has showcased the world’s largest organic light-emitting diode (OLED) TV at the latest trade show in the U.S. in a bid to target the premium TV market in North America. LG Electronics unveiled the lineup of its 97-inch OLED TV, or the OLED [...]
SEOUL, Oct. 2 (Korea Bizwire) — In recent years, LG Electronics Inc., a global leader in traditional home appliances, has striven to become an industry leader that creates hardly-seen-before and innovative devices, ranging from a steam closet to an automated indoor gardening device to a home brewer. Such moves, regardless of how niche of a [...]
SEOUL, Sept. 26 (Korea Bizwire) — LG Electronics Inc. said Sunday it had hosted a series of drone shows at the Han River Park in Yeouido, Seoul last Saturday in celebration of the release of the new MoodUp refrigerator. The shows were held at 7:30 p.m. and 10:30 p.m. for 10 minutes, during which 1,000 [...]
SEOUL, Sept. 23 (Korea Bizwire) — LG Electronics Inc. said Thursday that it will expand its service robot business with the LG CLOi ServeBot in collaboration with mobile carrier LG Uplus Corp. The two affiliates of LG Group agreed to cooperate in the expansion of the service robot business, exploration of new business opportunities, exploration [...]
SEOUL, Sept. 15 (Korea Bizwire) — LG Electronics Inc. said Wednesday it will soon release its 97-inch OLED EVO Gallery Edition, the world’s largest OLED television. The new 97G2 model comes with the largest OLED screen available in the current state of technology with a 4K resolution (3,840 x 2,160). It is also equipped with [...]
SEOUL, Sept. 13 (Korea Bizwire) — LG Electronics Inc. said Tuesday it has chosen nine startups that could lead the tech company’s future growth in digital health, metaverse and electric mobility. LG’s San Francisco-based North American Innovation Center wrapped up its two-day Fall Innovation Festival last week, where it announced nine most-promising startups in the [...]
SEOUL, Sept. 6 (Korea Bizwire) — LG Electronics Inc. has unveiled an non-fungible token (NFT)-based artwork transaction platform in the U.S. market. The company announced on Monday that it had launched the LG Art Lab service in the U.S., enabling users to buy, sell and enjoy high-quality NFT artworks selected by professional curators. The service [...]