SEOUL, Sept. 17 (Korea Bizwire) — South Korea’s two electronics giant once again clashed over 8K television technology Tuesday in attempt to get an early lead in the premium segment still in a nascent stage. 8K refers to the highest-resolution standard for content creation, which offers four times the number of pixels of a 4K [...]
BERLIN, Sept. 11 (Korea Bizwire) — While IFA is Europe’s largest consumer electronics show, this year’s event had an interesting twist with unusual scene stealers form the mobile industry to give much-needed hype for the foldable phones and 5G. IFA closed Wednesday after a six-day run, hosting over 1,900 exhibitors that showcased the latest televisions, [...]
BERLIN, Sept. 8 (Korea Bizwire) — LG Electronics Inc. is ramping up investment to expand businesses in the built-in home appliance market to capitalize on the fast growing segment, its president said on Sunday. Song Dae-hyun, the head of LG’s home appliance and air solution division, said the company aims to become a “top-tier” player [...]
SEOUL, Sept. 2 (Korea Bizwire) — LG Electronics Inc. said Monday it will launch front-loading washers equipped with artificial intelligence (AI) in 30 nations within this year to target the premium segment. The smart home appliance, which has been launched in eight European nations, will come into other markets, including the Netherlands, Switzerland and Finland, [...]
SEOUL, Aug. 19 (Korea Bizwire) — LG Electronics Inc.’s Smart Fridge has gained worldwide attention after a desperate young American girl used the refrigerator to post a tweet. Dorothy, a big fan of Arianna Grande, used to post pictures of her everyday life on social networks using her smartphone until her concerned mother took away [...]
SEOUL, Jul. 23 (Korea Bizwire) — LG Electronics Inc. said Tuesday it has launched a mobile payment service for G8 smartphone users in the United States and plans to expand the number of smartphone models that can use the service in the coming months. Similar to Samsung Pay, LG Pay is more advanced than Google [...]
SEOUL, Jul. 16 (Korea Bizwire) — LG Electronics Inc. on Tuesday launched a home brew machine that makes fresh beer out of capsules with minimum hassle to appeal to a rising number of craft beer lovers. Brewing beer has been considered a hobby with a high barrier to entry because brewers should keep a close [...]
SEOUL, Jul. 5 (Korea Bizwire) — LG Electronics Inc. said Friday its second-quarter operating profits are expected to have dropped 15.4 percent from a year earlier, mainly due to its sluggish smartphone business. In an earnings guidance, the South Korean electronics maker said it expects to post 652.2 billion won (US$557 million) in operating profits [...]
SEOUL, May 16 (Korea Bizwire) — LG Electronics Inc. is swinging its home appliance business into high gear to focus on what it is good at and provide a buffer against its sluggish mobile business amid toughening global competition, market watchers said Thursday. When it comes to brand image, South Korea’s No. 2 electronics maker [...]
SEOUL, May 16 (Korea Bizwire) — LG Electronics Inc. said Thursday it has developed an artificial intelligence (AI) chip applicable in various household appliances to offer customized services for users. The electronics maker said its AI chip is equipped with neural engine processing cores customized to run deep learning algorithms. LG said the AI chip [...]