SEOUL, Nov. 10 (Korea Bizwire) — LG Electronics Inc. said Tuesday it has received a supplier award from French automaker Renault S.A. as the South Korean tech powerhouse eyes to expand its presence in the vehicle component business. LG was honored with an Innovation award at this year’s Renault Supplier Awards for its vehicle display [...]
SEOUL, Nov. 5 (Korea Bizwire) — LG Electronics Inc. said Thursday it will launch a new 5G-running budget smartphone in North America this week as it looks to compete for the growing market for the latest generation network there. The K92 5G — LG’s first budget K Series phone to support the high-speed network — [...]
SEOUL, Nov. 3 (Korea Bizwire) — LG Electronics Inc. on Tuesday unveiled an eco-friendly clothing line in collaboration with a British online shopping mall as the South Korean tech giant pushes marketing for its clothing care appliances. LG said it has joined hands with online premium fashion retailer Net-A-Porter to launch a limited-edition clothing line [...]
SEOUL, Nov. 2 (Korea Bizwire) – LG Electronics Inc., a major home appliance maker in South Korea, on Monday reaffirmed a plan to build its second research and development (R&D) center in Vietnam as it tries to expand its presence in the Southeast Asian market. LG recently signed an agreement with Vietnamese real estate developer [...]
SEOUL, Oct. 30 (Korea Bizwire) — LG Electronics Inc. said Friday its net profit nearly doubled in the third quarter from a year earlier on the back of strong global demand for its TVs and home appliances amid the coronavirus pandemic. The South Korean tech giant said its net income reached 649.2 billion won (US$573.6 [...]
SEOUL, Oct. 30 (Korea Bizwire) — LG Electronics Inc. on Friday signed a partnership with a local food firm to expand the use of its artificial intelligence-powered services in kitchen appliances amid the pandemic-driven stay-at-home trend. The South Korean tech powerhouse joined hands with Dongwon F&B Co. so that more LG DIOS light wave oven [...]
SEOUL, Oct. 26 (Korea Bizwire) — LG Electronics Inc. said Monday it has signed a patent licensing deal with Sweden-based home appliance maker Electrolux AB that covers ice-making technologies for French-door refrigerators. Under the agreement, Electrolux will be able to produce and sell French-door refrigerators using patented technologies developed by LG. The value of the [...]
SEOUL, Oct. 26 (Korea Bizwire) — LG Electronics Inc. on Monday released premium wireless earbuds with an active noise cancellation (ANC) system in South Korea as the company seeks to expand its presence in the wearables market. The high-end model of the LG TONE Free wireless earbuds, the HBS-TFN7, was launched here for 219,000 won [...]
SEOUL, Oct. 25 (Korea Bizwire) — LG Electronics Inc. on Sunday introduced a new budget smartphone as the South Korean tech firm seeks to boost its presence in the mobile market with price-competitive devices. LG said the Q52 will go on sale in South Korea on Wednesday with a price tag of 333,000 won (US$290). [...]
SEOUL, Oct. 23 (Korea Bizwire) — LG Electronics Inc. said Friday it has opened a showroom for its luxury built-in kitchen appliance brand in Europe to better expand its presence there. The first European showroom of LG’s Signature Kitchen Suite was opened in Milan, Italy, according to the company. The 1,100-square-meter facility is near the [...]