SEOUL, Sept. 27 (Korea Bizwire) — LG Electronics Inc. said Wednesday it plans to spend 600 billion won (US$527 million) on renovating its aged kitchen appliances production lines in South Korea. First built in 1976, the factory located in Changwon, about 300 kilometers southeast of Seoul, currently produces small products, while demand for larger appliances [...]
SEOUL, Sept. 22 (Korea Bizwire) – LG Electronics Inc. said Friday it will expand into the beauty appliance market in line with its strategy to diversify its business portfolio. The South Korean tech giant said it decided to move into the household business area as the industry is set to expand sharply down the road. [...]
SEOUL, Sept. 20 (Korea Bizwire) — LG Electronics Co. said Wednesday that it will begin sales of its latest high-end smartphone, the V30, this week in South Korea, to compete with the Galaxy S8 series and the Galaxy Note 8 by Samsung Electronics Co., and other rival models. Customers who made preorders through the country’s [...]
SEOUL, Sept. 18 (Korea Bizwire) — LG Electronics’ new refrigerator commercial with an interesting twist has been proven a success on social media, according to the electronics giant on Sunday. The South Korean consumer electronics company teamed up with the London Vegetable Orchestra for its latest commercial targeting social media, which has been watched over [...]
SEOUL, Sept. 11 (Korea Bizwire) — LG Electronics Inc.’s high-end organic light-emitting diode (OLED) TV products have won positive responses from American and European consumer magazines, industry sources said Monday. The LG OLEDB7V model, a 65-inch OLED UHD TV, made by the South Korean home appliance giant has topped evaluations conducted by leading consumer magazines [...]
SEOUL, Sept. 4 (Korea Bizwire) — Global tech giants are set to release flagship smartphones equipped with high-end cameras in the second half, industry watchers said Monday, with the technological focus switching to dual lenses instead of megapixels. Industry watchers said key giants are set to release smartphones with dual-lens cameras, helping users take quality [...]
SEOUL, Aug. 31 (Korea Bizwire) – LG Electronics Inc. on Thursday showcased the much-awaited LG V30 smartphone in Germany ahead of the official kick off the Internationale Funkausstellung, featuring the V series’ first organic light-emitting diode (OLED) display and top-notch camera features. Compared to the previous V smartphones, the tech giant focused on enhancing the [...]
SEOUL, Aug. 25 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. said Friday it will invest US$250 million to build a washer factory in the U.S. The construction of the factory in Tennessee is expected to be completed in the first quarter of 2019, with an annual production capacity of 1 million units. [...]
SEOUL, Aug. 23 (Korea Bizwire) – LG Electronics Inc.’s upcoming flagship smartphone, the LG V30, is expected to support the Korean-language edition of Google Assistant, a voice recognition program created by U.S. tech giant Google Inc., industry sources said Wednesday. Google earlier said it will complete the development of the Korean edition of Google Assistant [...]
SEOUL, Aug. 23 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. said Wednesday it will build a factory for the production of electric-vehicle (EV) parts in the United States with an estimated US$25 million, tapping deeper into the vehicle-components business. The construction of the plant in Hazel Park, near the industrial city of [...]