SEOUL, April 26 (Korea Bizwire) — LG Electronics Inc. on Monday said its new 27-inch gaming monitor will be launched in South Korea next month as the company eyes to expand sales of IT products amid the pandemic-driven stay-at-home trend. LG’s new 27-inch UltraGear 4K monitor, named the 27GP950, will hit the local shelves next [...]
SEOUL, April 20 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. said Tuesday it plans to produce home appliances from its smartphone manufacturing line in northern Vietnam, as the company earlier decided to fully withdraw from the mobile business. Under the plan, the company will complete the transformation within this year while reallocating [...]
SEOUL, April 19 (Korea Bizwire) — LG Electronics Inc., the maker of the Tromm Styler steam closet, will be introducing a next-generation shoe styler. The South Korean home appliances giant recently submitted patents for a so-called ‘shoe styler’ to the Korean Intellectual Property Office, and unveiled new information about the shoe styler on Sunday. The [...]
SEOUL, April 19 (Korea Bizwire) — LG Electronics Inc. on Monday said it has joined hands with Italian jewelry and luxury goods brand Bvlgari to promote its rollable TV to European customers. The world’s second-largest TV maker said it recently held events for high-end customers at Bvlgari shops in Switzerland to introduce the SIGNATURE OLED [...]
SEOUL, April 15 (Korea Bizwire) — LG Electronics Inc. said Thursday it will invest US$20.5 million to expand its washing machine factory in the United States in a move to meet growing demand in the country. The home appliance maker said the investment will create 334 new jobs at the plant in Clarksville, Tennessee, bringing [...]
SEOUL, April 15 (Korea Bizwire) — LG Electronics Inc. said Thursday it has formed ties with Dutch quantum algorithm developer Qu & Co to conduct joint research on quantum computing technology in a move to boost competitiveness in future technologies. Under the research agreement, the two companies will develop quantum computing technology for multiphysic simulations [...]
SEOUL, April 13 (Korea Bizwire) — South Korea’s two major electronics firms — Samsung Electronics Co. and LG Electronics Inc. — were among the top five players in the European smart home market in the fourth quarter of last year, a report showed Tuesday, as they push to increase connected devices amid the pandemic-induced stay-at-home [...]
SEOUL, April 8 (Korea Bizwire) — LG Electronics Inc. said Thursday it will offer extended software upgrades for its smartphones as the company is set to depart from the mobile business. LG’s mobile operating system (OS) update guarantee will be extended by one year. LG’s premium smartphone users can now get OS updates for three [...]
SEOUL, April 7 (Korea Bizwire) — LG Electronics Inc. on Wednesday expected its best-ever quarterly performance in the first quarter as its home appliance and TV sales apparently basked in pent-up demand amid the pandemic. In its earnings guidance, the South Korean tech firm projected its operating profit at 1.51 trillion won (US$1.3 billion) for [...]
SEOUL, April 7 (Korea Bizwire) — LG Electronics Inc. on Wednesday introduced its new solar modules that boast high efficiency as the South Korean tech giant aims to expand its presence in the clean energy sector. LG said its NeON H series solar modules will hit the shelves later this month starting in countries like [...]