SEOUL, July 2 (Korea Bizwire) — LG Electronics Inc. is likely to report strong second-quarter earnings, analysts said Friday, as its mainstay home appliance business continued to rack up solid results. The South Korean tech company was projected to log 17.6 trillion won (US$15.5 billion) in sales in the April-June period, up 37 percent from [...]
SEOUL, July 1 (Korea Bizwire) — LG Electronics Inc.’s electric vehicle (EV) powertrain joint venture with Canadian auto parts maker Magna International Inc. was launched Thursday as the tech giant eyes to expand its presence in the future mobility industry. LG Magna e-Powertrain Co. was established after LG spun off its EV parts business covering [...]
SEOUL, June 30 (Korea Bizwire) — LG Electronics Inc. said Tuesday its Mini LED TVs will hit the shelves this week as the South Korean tech giant eyes to expand its presence in the premium TV market. Starting with North America, LG’s QNED Mini LED TVs will be available in major markets, including Europe, South [...]
SEOUL, June 29 (Korea Bizwire) — LG Electronics Inc. said Tuesday its OLED TVs now support an advanced video processing technology for gamers at 4K resolution with 120Hz refresh rate as the South Korean tech giant tries to beef up its presence in the gaming community. Through a software update, LG said its 2021 OLED [...]
SEOUL, June 22 (Korea Bizwire) — LG Electronics Inc. on Tuesday unveiled a digital X-ray detector (DXD) with artificial intelligence (AI) solutions as the South Korean tech giant eyes to expand its presence in the medical equipment field. LG’s latest DXD was introduced at Arab Health 2021, the largest medical equipment expo in the Middle [...]
SEOUL, June 21 (Korea Bizwire) — LG Electronics Inc. and Canadian auto parts maker Magna International Inc. are in the final phase of launching their electric vehicle (EV) powertrain joint venture next month, industry insiders here said Monday, as they review board member appointment plans for the new company. The South Korean tech giant is [...]
SEOUL, June 20 (Korea Bizwire) — LG Electronics Inc. said Sunday it has launched an 83-inch OLED TV as the South Korean tech giant tries to beef up its presence in the premium TV market. LG’s 83-inch OLED TV, the 83C1, will be first available in South Korea and the United States this month. In [...]
SEOUL, June 10 (Korea Bizwire) — LG Electronics Inc. on Thursday unveiled a mobile application for pedestrian safety as the South Korean tech giant eyes to beef up its presence in the software sector despite its planned departure from the smartphone business. The Soft V2X, with V2X standing for “vehicle to everything,” is LG’s smartphone [...]
SEOUL, June 3 (Korea Bizwire) — LG Electronics Inc. on Thursday said its open source software management tool is now available to outside developers as the South Korean tech giant eyes to bolster its presence in the software community. LG said the FOSSLight (Free and Open Source Software Light) system, which it has been using [...]
SEOUL, June 2 (Korea Bizwire) — As part of its sustainable management efforts, LG Electronics Inc. has decided to implement ‘plastic-free’ management in collaboration with the government and civil society. On Tuesday, the South Korean tech giant signed a cooperation agreement with the Ministry of Environment and the Korea Zero Waste Movement Network, a nongovernmental [...]