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(CES) LG CEO Vows to Drive Growth with Diversified Business Portfolio

(CES) LG CEO Vows to Drive Growth with Diversified Business Portfolio

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, [...]

LG Unveils Vision for More Personalized, Smarter TV Ahead of CES 2023

LG Unveils Vision for More Personalized, Smarter TV Ahead of CES 2023

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 [...]

LG Electronics Holds Completion Ceremony for Peak Shaving ESS

LG Electronics Holds Completion Ceremony for Peak Shaving ESS

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 [...]

LG Developing Smart Home Appliances Using Sleep Analytics Technology

LG Developing Smart Home Appliances Using Sleep Analytics Technology

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. [...]

LG Distributes Common-use Braille Stickers for Free

LG Distributes Common-use Braille Stickers for Free

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 [...]

LG Accelerates Entry into Logistics Robot Market

LG Accelerates Entry into Logistics Robot Market

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 [...]

LG Develops Technology that Prevents Fire Caused by Home Appliances

LG Develops Technology that Prevents Fire Caused by Home Appliances

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 [...]