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 [...]
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 [...]