SEOUL, July 10 (Korea Bizwire) — LG Electronics Inc. on Friday launched its latest homebrewing machine at a more affordable price, hoping the product can ride on the pandemic-driven, stay-at-home economy. The 2020 model of LG HomeBrew comes with a price tag of 1.99 million won (US$1,660) in South Korea, which is half of the [...]
SEOUL, July 9 (Korea Bizwire) — LG Electronics Inc. said Thursday its budget smartphones will be launched in more countries this month, hoping that the latest handsets can help its struggling mobile business. The South Korean tech firm said three K series smartphone models — K61, K51S and K41S — will be available in at [...]
SEOUL, July 8 (Korea Bizwire) — South Korea’s two major electronics firms on Wednesday released their new soundbar products as they aim to expand their presences in the home audio market. Samsung Electronics Co. announced the global launch of its two new premium soundbars, the HW-Q950T and the HW-Q900T, which completes its full 2020 Q-series [...]
SEOUL, July 8 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has started sales of its autonomous service robots in South Korea. The South Korean tech giant said the CLOi ServeBot comes in two models — drawer type and shelf type, depending on its design. The company did not disclose the price of the [...]
SEOUL, July 7 (Korea Bizwire) – LG Electronics Inc. on Tuesday delivered market estimate-beating second-quarter earnings as its home appliance business apparently performed better than expected amid the novel coronavirus pandemic. In its earnings guidance, South Korea’s No. 2 electronics firm estimated its operating profit to be 493.1 billion won (US$412 million) for the April-June [...]
SEOUL, July 3 (Korea Bizwire) — LG Electronics Inc., South Korea’s major home appliance maker, said Friday its air purifiers will be launched in more countries as it seeks to expand overseas sales of air cleaning products amid the pandemic. LG said its PuriCare 360 air purifier will be available in more than 30 countries [...]
SEOUL, June 29 (Korea Bizwire) — LG Electronics Inc., a major home appliance maker in South Korea, is likely to suffer a sharp decline in its second-quarter earnings due to the novel coronavirus pandemic, analysts here said Monday, although it is expected to rebound from the third quarter. LG was expected to log 13.19 trillion [...]
SEOUL, June 16 (Korea Bizwire) — LG Electronics Inc. on Tuesday introduced its new smartphone, the Velvet, in Europe as the South Korean tech firm hopes its latest handset can end a long slump in its mobile business amid the virus pandemic. Starting with Germany on Tuesday, LG will release the Velvet in major European [...]
SEOUL, June 12 (Korea Bizwire) — LG Electronics Inc., South Korea’s major home appliance maker, said Friday that it will develop service robot solutions with local partners by November. LG said it will join forces with Woowa Brothers Corp., South Korea’s top food delivery app operator, and Korea Institute for Robot Industry Advancement to develop [...]
SEOUL, June 11 (Korea Bizwire) — LG Electronics Inc. said Thursday its LED theater display made a debut at a Taiwanese movie theater as the South Korean tech firm tries to expand its presence in the LED cinema sector. LG supplied its first LED cinema display at Showtime Cinemas’ movie theater in Taichung, the first [...]