SEOUL, Aug. 20 (Korea Bizwire) — LG Electronics Inc. said Friday it has joined hands with Hyundai Elevator Co. to seek business opportunities in smart home and building solutions. LG will work with the country’s largest elevator manufacturer to develop robot logistics services in which autonomous bots deliver parcels and food at apartments, office buildings [...]
SEOUL, Aug. 19 (Korea Bizwire) — LG Electronics Inc. on Thursday said it has successfully demonstrated 6G data transmission using the terahertz spectrum as the South Korean tech giant tries to move ahead in the next-generation communication technology. LG succeeded in sending 6G terahertz wireless communication signals 100 meters in an outdoor environment in collaboration [...]
SEOUL, Aug. 12 (Korea Bizwire) — LG Electronics Inc. on Thursday released new ultrasonic cleansing devices for body and facial care as the tech giant tries to expand its presence in the beauty appliance market. LG Pra. L Bodyspa for body care will be sold at 499,000 won (US$430), while LG Pra. L Washpop for [...]
SEOUL, Aug. 10 (Korea Bizwire) — LG Electronics Inc. on Tuesday said it will expand its streaming service on smart TVs as the tech giant tries to increase its presence amid the pandemic-driven stay-at-home trend. The South Korean company said LG Channels will be launched in an additional 11 European countries, including Switzerland and the [...]
SEOUL, July 30 (Korea Bizwire) — LG Electronics Inc. has teamed up with the state-run utility Korea Electric Power Corp. (KEPCO) to develop an energy-saving service for households. The two parties signed a memorandum of understanding (MOU) on Thursday to develop an “electricity data and artificial intelligence (AI)-based customer experience-type home energy service.” The South [...]
SEOUL, July 29 (Korea Bizwire) — LG Electronics Inc. on Thursday said it expected a solid third-quarter performance with growth in its auto parts business after delivering strong second-quarter results on the back of its home appliance unit amid the pandemic. The South Korean tech giant said its operating profit spiked 65.5 percent to 1.11 [...]
SEOUL, July 28 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has completed its stock sales deal with Canadian auto parts maker Magna International Inc. over their electric vehicle (EV) powertrain joint venture. The South Korean tech giant announced that Magna has acquired a 49 percent stake in LG Magna e-Powertrain Co. for US$453 [...]
SEOUL, July 26 (Korea Bizwire) — LG Electronics Inc. on Monday unveiled its upgraded wireless earbuds with enhanced sound and hygiene features as the tech giant eyes to increase wearable sales. Three new models of the LG TONE Free — TONE-TFP9, TONE-TFP8 and TONE-TFP5 — were launched in South Korea with prices ranging from 169,000 [...]
SEOUL, July 21 (Korea Bizwire) — LG Electronics Inc. said Wednesday it plans to switch all of its company cars to environmentally friendly vehicles by 2030, joining South Korea’s efforts to reduce emissions of greenhouse gases largely responsible for global warming. The home appliances maker said it would change 90 percent of its company cars [...]
SEOUL, July 19 (Korea Bizwire) — LG Electronics Inc. said Monday its new compact sound bar will be available in the market as the South Korean tech giant eyes to beef up its presence in the home audio market. LG Eclair will be launched in North America later this month and will hit the shelves [...]