SEOUL, Aug. 27 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, on Thursday unveiled a wearable air purifier as the company seeks to expand sales of health care and hygiene products amid the pandemic. LG PuriCare Wearable Air Purifier will be available in some countries starting in the fourth [...]
SEOUL, Aug. 25 (Korea Bizwire) — LG Electronics Inc., a major South Korean home appliance maker, said Tuesday its latest washer-dryer combo product will be launched in global markets starting next month. LG Wash Tower will hit the shelves in the United States next month and be sold in 10 countries, including China, France and [...]
SEOUL, Aug. 23 (Korea Bizwire) — LG Electronics Inc. on Sunday introduced a new midrange 5G smartphone as the South Korean tech firm seeks to overcome a long slump in its mobile business with price-competitive devices. LG said the Q92 will go on sale in South Korea on Wednesday with a price tag of 499,400 [...]
SEOUL, Aug. 18 (Korea Bizwire) — Samsung Electronics Co. remained the top TV vendor in the second quarter of the year, a report showed Tuesday, while its local rival LG Electronics Inc. fell to the fourth spot in global TV shipments. Samsung shipped 8.5 million TVs in the April-June period, down 6 percent from a [...]
SEOUL, Aug. 12 (Korea Bizwire) — LG Electronics Inc. signed a deal Wednesday with local partners to develop 6G telecommunication technologies, the company said. South Korea’s No. 2 tech firm partnered with the Korea Research Institute of Standards and Science (KRISS), and the Korea Advanced Institute of Science and Technology (KAIST) to develop technologies for [...]
SEOUL, Aug. 3 (Korea Bizwire) — LG Electronics Inc. has increased its smartphone market share in North America in the second quarter of the year amid the novel coronavirus pandemic, a report showed Monday, boding well for the company’s effort to end a slump in its mobile business. South Korea’s No. 2 tech firm accounted [...]
SEOUL, July 31 (Korea Bizwire) — Major home appliance maker LG Electronics Inc. is considering building a new research and development (R&D) center in Vietnam, industry sources said Friday, as it tries to expand its presence in the Southeast Asian market. During a meeting between Vietnamese Prime Minister Nguyen Xuan Phuc and South Korean companies [...]
SEOUL, July 30 (Korea Bizwire) — LG Electronics Inc. on Thursday reported weak second-quarter earnings due to the fallout from the novel coronavirus, but the company said it expects a gradual recovery in its home appliance business during the current quarter. South Korea’s No. 2 electronics company said its net profit stood at 65.6 billion [...]
SEOUL, July 24 (Korea Bizwire) — LG Electronics Inc. said Friday its 48-inch OLED TV will hit store shelves in South Korea following the product’s successful overseas launch. LG’s 48CX OLED TV, which will become available Saturday, is priced at 1.89 million won (US$1,570). The 48-inch TV was released in European countries and Japan last [...]
SEOUL, July 21 (Korea Bizwire) — LG Electronics Inc. on Tuesday announced the global launch of a new gaming monitor that boasts fast response time and high picture quality. The South Korean tech firm said its new UltraGear gaming monitor, the 27GN950, features the world’s first 4K in-plane switching (IPS) display with 1 millisecond response [...]