SEOUL, Jan. 26 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, released a new air conditioner with upgraded design and hygiene features Tuesday as the company aims to increase sales amid the pandemic. The LG Whisen Tower comes with the company’s new design for standing air conditioners that highlights [...]
SEOUL, Jan. 23 (Korea Bizwire) — LG Electronics Inc. can improve its corporate value by restructuring its money-losing mobile business, analysts here said Saturday, as the South Korean tech giant can better focus on its future growth engines for the post-pandemic era. LG Electronics on Wednesday announced that its mobile communications (MC) unit is open [...]
SEOUL, Jan. 22 (Korea Bizwire) — LG Electronics Inc. opened its Signature Kitchen Suite showroom in affluent Cheongdam-dong in southern Seoul on Thursday, marking the company’s second local showroom for its series of luxury built-in kitchen appliances. The showroom has five above-ground floors and one underground floor, consisting of a kitchen pavilion, a café, a [...]
SEOUL, Jan. 20 (Korea Bizwire) — LG Electronics Inc., the country’s major home appliance maker, said Wednesday its mobile business is open to “every possibility” amid rumors that the South Korean tech giant may sell its money-losing unit. LG said the company has come to a point where it needs to make the best decision [...]
SEOUL, Jan. 20 (Korea Bizwire) — LG Electronics Inc. on Wednesday said it plans to promote its smart factory push as the home appliance maker targets improving its productivity. LG announced it will spend 50 billion won (US$45 million) from February to set up a new home appliance product testing facility at its second factory [...]
SEOUL, Jan. 13 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are promoting their latest technologies on home cooking and meal services at the world’s largest tech expo, industry officials said Wednesday, as they highlight connected and personalized experiences amid the pandemic-induced stay-at-home trend. The two South Korean tech firms unveiled food tech [...]
SEOUL, Jan. 12 (Korea Bizwire) — LG Electronics Inc. will seek “open innovation” in cooperation with global partners to lead the era induced by the pandemic, its chief technology officer said, hinting that the South Korean tech giant could forge more partnerships in the future. Park Il-pyung said that firms need to join hands, even [...]
SEOUL, Jan. 12 (Korea Bizwire) — LG Electronics Inc. on Tuesday said Google’s cloud gaming service will be available on its smart TVs as the South Korean tech powerhouse eyes to expand its TV sales with better service offerings. LG said it will be the first TV manufacturer to support Google’s Stadia via its smart [...]
SEOUL, Jan. 12 (Korea Bizwire) – LG Electronics Inc. is “well positioned” to become one of the industry’s leaders in the area of electric and connected vehicles with its agreement to set up a joint venture with Canadian auto parts maker Magna International Inc., the company’s chief executive said. Brian Kwon, the CEO of LG [...]
SEOUL, Jan. 11 (Korea Bizwire) — LG Electronics Inc. on Monday introduced its latest innovations at its press conference for the world’s largest tech expo, including a smartphone with rollable display and a virtual human, as the South Korean tech powerhouse seeks to provide solutions that could improve people’s lives in the new normal era [...]