SEOUL, May 21 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has signed a deal with CSC ServiceWorks Inc., a leading U.S. laundry service company, to supply commercial washers as part of its broader strategy to expand its business-to-business (B2B) operation. Through the agreement, LG Electronics aims to strengthen its presence in the North [...]
SEOUL, May 14 (Korea Bizwire) — LG Electronics is strengthening its global brand identity through a series of community and environmental initiatives under its signature slogan, “Life’s Good,” aiming to amplify its social impact and promote sustainable values. According to the company on Wednesday, LG’s U.S. division recently installed more than 150 hand-built birdhouses in both [...]
SEOUL, May 8 (Korea Bizwire) — LG Electronics Inc. said Thursday it will break ground on a new home appliance factory in India, reinforcing its commitment to the fast-growing South Asian market. A groundbreaking ceremony of the plant in Sri City, an industrial hub in the eastern state of Andhra Pradesh, will be attended by [...]
SEOUL, May 8 (Korea Bizwire) — In a strategic move underscoring its long-term commitment to one of the world’s fastest-growing consumer markets, LG Electronics is set to break ground on a sprawling new home appliance factory in eastern India. The South Korean electronics giant announced Thursday that it will invest $600 million to build the [...]
SEOUL, May 1 (Korea Bizwire) — LG Electronics has introduced a new cordless vacuum cleaner that uses artificial intelligence to analyze user behavior and automatically adjust suction power for optimal battery efficiency and cleaning performance, the company announced Wednesday. The latest model, LG CordZero Objet Collection A9 AI, marks a significant step in integrating smart home [...]
SEOUL, April 29 (Korea Bizwire) — LG Electronics Inc. said Tuesday it has showcased a next-generation in-vehicle infotainment system in collaboration with Taiwan’s semiconductor company MediaTek Inc. The system, unveiled at the ongoing Auto Shanghai 2025, allows customers to enjoy different content on multiple displays in a vehicle using only one chip and operating system [...]
SEOUL, April 28 (Korea Bizwire) — LG Electronics announced on April 28 that it will begin the global rollout of its 2025 QNED TV lineup in early May, starting with markets in South Korea and North America. This year’s lineup offers a broader range of models, from mid-sized to ultra-large screens, including the new 100-inch QNED [...]
SEOUL, April 23 (Korea Bizwire) — LG Electronics is taking a cautious approach to the initial public offering (IPO) of its Indian subsidiary, pushing back earlier expectations of a May 2025 listing in light of ongoing global market instability. According to industry sources on April 23, LG Electronics recently completed a revised version of its Updated [...]
SEOUL, April 22, (Korea Bizwire) — LG Electronics is pulling out of the electric vehicle (EV) charging solutions market just three years after entering the sector, citing prolonged demand stagnation and intensified price competition. The move comes as part of a broader strategic restructuring aimed at concentrating on more resilient and scalable businesses. In a [...]
LG Electronics Co. said Monday it has been named the most creative supplier of the year by General Motors Co. (GM) for its outstanding innovation and collaboration. At GM’s 33rd Supplier of the Year Awards held last week, LG Electronics received the Creativity Team Award in recognition of its role in redefining in-vehicle entertainment and [...]