SEOUL, Aug. 20 (Korea Bizwire) — LG Electronics Inc. said Monday it plans to penetrate deeper into the global audio business with its XBOOM products made through collaboration with Britain-based Meridian Audio. The South Korean company, which released South Korea’s first radio in 1959, said it aims to become one of the leading audio brands [...]
SEOUL, Aug. 3 (Korea Bizwire) — LG Electronics Inc. profited more for every home appliance sold in the first half of 2018 compared with its bigger rival Samsung Electronics Co., industry data showed Friday. Samsung Electronics posted sales of 20.1 trillion won (US$17.8 billion) over the January-June period for the home appliances segment, above LG [...]
SEOUL, Aug. 1 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has opened its first overseas research center devoted solely to the development of artificial intelligence (AI) technologies. The South Korean tech giant said the Toronto AI Lab in Canada will carry out various research through cooperation with the University of Toronto starting from [...]
SEOUL, Jul. 12 (Korea Bizwire) — South Korean tech giants are expected to showcase new smartwatches within a few months, industry watchers said Thursday, as they seek to catch up with market leader Apple Inc. According to the sources, Samsung Electronics is expected to showcase the successor of the Gear S3 smartwatch around the upcoming [...]
SEOUL, Jul. 2 (Korea Bizwire) — LG Electronics Inc. said Monday it participated in an exhibition in Seoul promoting drawings from the Joseon Dynasty (1392-1910) by utilizing the latest 88-inch Ultra Stretch signage solution. The company said it installed the signage solution at the exhibition hosted by Kansong Art and Culture Foundation and the Seoul [...]
SEOUL, Jun. 26 (Korea Bizwire) — LG Electronics says it will strengthen its communication with customers while expanding after-purchase support for smartphones. Starting June 21, the South Korean electronics giant has decided to call upon its researchers, marketers and other in-house experts to reply to inquiries regarding smartphones posted by their customers on LG’s “Quick [...]
SEOUL, Jun. 12 (Korea Bizwire) — LG Electronics Co., a global leader in consumer electronics and mobile communications, said Tuesday it has adopted around-the-clock chatbot service to enhance customers’ convenience. LG Electronics’ chatbot service was based on its artificial intelligence platform called DeepThinQ and an analysis of about 10 million customer complaints about its products, [...]
Earlier May, LG Electronics announced it had made equity investment in Acryl, a local AI startup. (Image courtesy of LG Elecs) SEOUL, May 29 (Korea Bizwire) – LG Electronics Inc. said Tuesday it plans to invest 53.6 billion won (US$49.67 million) in acquiring stakes in Robostar Co., a local robot manufacturing firm, as part of [...]
SEOUL, May 9 (Korea Bizwire) — LG Electronics Inc., which recently showcased the LG G7 ThinQ smartphone, plans to release a new smartwatch next month, seeking to accelerate efforts to revitalize its struggling mobile communication business, industry watchers said Wednesday. The new smartwatch would become the successor of the LG Watch Style released in March [...]
SEOUL, May 2 (Korea Bizwire) — LG Electronics Inc. said Wednesday that it has invested 1 billion won (US$934,000) in the South Korean startup Acryl, which specializes in the development of artificial intelligence technologies. Under the deal, LG acquired a 10 percent stake, or 336,000 shares in the venture firm. Established in 2011, Acryl focuses [...]