SEOUL, May 17 (Korea Bizwire) – LG Electronics is experiencing robust growth in its appliance subscription service, with projections indicating the company will reach the 1 trillion won sales mark for the first time this year in this burgeoning sector. In its first-quarter report released on May 16, LG Electronics announced that its appliance subscription business [...]
SAN FRANCISCO, May 13 (Korea Bizwire) – At Ridge Vineyards, a renowned winery in Cupertino offering a distant view of Apple’s headquarters, some 50 Korean AI experts gathered on May 11, lured by an LG Electronics recruiting initiative. The invitees included AI specialists working at major tech companies and startups in Silicon Valley, Seattle and Los [...]
SEOUL, May 3 (Korea Bizwire) – LG Electronics’ wireless, movable LG StanbyME lifestyle screen, a product that has remained in short supply due to high demand, is getting even more convenient. On May 2, LG Electronics began preselling an upgraded version of the LG StanbyME on its domestic website, offering improved convenience and functionality. The upgraded [...]
SEOUL, May 2 (Korea Bizwire) – LG Electronics has announced that its large-scale chillers, designed for cooling industrial facilities, have emerged as a driving force behind the company’s growth in the commercial heating, ventilation, and air conditioning (HVAC) sector, with sales increasing by nearly 40 percent annually over the past three years in overseas markets. The [...]
SEOUL, Apr. 19 (Korea Bizwire) – In an effort to raise awareness about animals facing extinction from rapid climate change, LG Electronics unveiled a video series as part of its Vulnerable and Endangered Species Awareness Campaign on the renowned billboard screens of New York’s Times Square on April 16. The campaign launch in Times Square, featuring [...]
MILAN, Apr. 15 (Korea Bizwire) — LG Electronics has embarked on a ‘two-track’ strategy, unveiling both ultra-premium and volume-tier products, as it aims to strengthen its position in the European built-in kitchen appliance market. The company announced on April 15 that it will participate in the Milan Design Week 2024, the world’s largest design exhibition, taking [...]
SEOUL, Mar. 15 (Korea Bizwire) – In a move to better understand and incorporate the perspectives of future consumers, LG Electronics has announced the launch of the fourth iteration of its ‘LG Crew’ program. Held in Seoul’s Yeongdeungpo district at the Ground220 venue, the inauguration ceremony of the LG Crew’s fourth cohort took place on March [...]
SEOUL, Feb. 21 (Korea Bizwire) – LG Electronics has announced the launch of an AI-based fault prediction feature in its LG BECON cloud system, marking the introduction of South Korea’s first ICT-based remote maintenance system for commercial air conditioning systems. The feature, set to be implemented by the end of this month, is designed to enhance [...]
SEOUL, Feb. 8 (Korea Bizwire) – LG Electronics announced on February 7 the publication of “Easy-to-Read” booklets for washing machines and microwaves, designed to help slow learners and children with developmental disabilities to use household appliances. These easy-to-read guides comprise storybooks that explain scientific principles and knowledge that can be discovered through appliances, along with supplements [...]
SEOUL, Jan. 13 (Korea Bizwire) – LG Electronics Inc. said Saturday that it has opened its first plant in the U.S. for electric vehicle (EV) charging stations, as part of its strategy to advance into the fast-growing EV charging solutions business. The factory based in Fort Worth, Texas, has an annual capacity of over 10,000 [...]