SEOUL, Jan. 3 (Korea Bizwire) — South Korea’s top two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — will lock horns in the field of artificial intelligence at the upcoming tech expo in the United States, industry observers said Friday, as they pin high hopes on the products powered by human-like algorithms. [...]
SEOUL, Jan. 2 (Korea Bizwire) — LG Electronics Inc., South Korea’s major home appliances maker, is set to face a probe from the country’s antitrust watchdog, industry insiders said Thursday, as local consumers plan to submit a collective complaint against the company over its clothes dryers. A Seoul-based law firm representing 560 local consumers said [...]
SEOUL, Jan. 2 (Korea Bizwire) — South Korea’s top two electronics giants — Samsung Electronics Co. and LG Electronics Inc. — are set to introduce TVs with new form factors at the world’s biggest tech expo next week as they continue to up the ante to lead the global TV market, industry sources said Thursday. [...]
SEOUL, Dec. 29 (Korea Bizwire) — Major South Korean tech giants, including Samsung Electronics Co. and LG Electronics, are ready to boast their latest technologies in the field of artificial intelligence and displays at the upcoming U.S. consumer electronics show, industry watchers said Sunday. The annual four-day Consumer Electronics Show (CES) will kick off in [...]
SEOUL, Dec. 24 (Korea Bizwire) — LG Electronics Inc. will showcase its new flagship smartphone with a dual screen and 5G connectivity at the upcoming Mobile World Congress (MWC) in February, industry sources said Tuesday. The Korean electronics giant is scheduled to unveil the new 5G phone, V60 ThinQ, at MWC Barcelona 2020, under the [...]
SEOUL, Nov. 18 (Korea Bizwire) — LG Electronics Inc. held its first robot vacuum cleaner racing competition in South Korea. A total of 55 people, including 28 participants who applied in advance and 27 who applied on the spot, took part in the race at the 2019 LG Code Zero R9 Grand Prix at Seoul’s [...]
SEOUL, Nov. 7 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are lowering the price of LTE flagship smartphones released this year while offering higher subsidies to empty out remaining stocks. South Korean telecom giant KT Corp. raised the official subsidy for the LG G8 ThinQ to a maximum of 655,000 won (US$564) [...]
SEOUL, Nov. 1 (Korea Bizwire) — South Korea’s LG Electronics Inc. said Friday it recently purchased a stake in U.S. laundry startup Washlava and supplied it with washing machines and dryers. LG Electronics, however, didn’t disclose the level of its interest in the Tampa-based company, which operates smartphone-exclusive laundromats, or the amount invested. The electronics [...]
SEOUL, Oct. 30 (Korea Bizwire) — LG Electronics Inc. said Wednesday its third-quarter net profit dropped 30.5 percent from a year earlier due to its lackluster mobile business. The South Korean electronics maker said its net earnings stood at 345.7 billion won (US$296 million) in the July-September period, compared with 497.1 billion won a year [...]
SEOUL, Oct. 30 (Korea Bizwire) — South Korean electronics maker LG Electronics Inc. and U.S. chipmaker Qualcomm Inc. will join hands to develop an in-vehicle infotainment platform for connected cars, the companies said Wednesday. LG Electronics and Qualcomm have signed a strategic partnership to develop the automotive platform, which combines entertainment and information delivery for [...]