SEOUL, Jul. 10 (Korea Bizwire) — South Korean tech giants are engaging in a fierce competition with mid-end smartphones to grab budget-conscious customers ahead of the launch of their major flagships slated for later this year, industry watchers said Monday. According to industry sources, LG Electronics Inc. is planning to showcase its mid-end smartphone, the [...]
SEOUL, Jul. 9 (Korea Bizwire) — LG Electronics Inc. said Sunday that it will adopt its energy efficient and quiet compressors on all new refrigerators this year. The global home appliance manufacturer said its top-of-the-line inverter linear compressor will be used in refrigerators with the exception of one-door units and larger volume machines used commercially. [...]
SEOUL, July 7 (Korea Bizwire) – LG Electronics Inc. said Friday its second-quarter operating profit is estimated at 664.1 billion won (US$574.5 million), posting a weaker-than-expected performance apparently on sluggish smartphone sales despite a robust performance of its home appliance business. The operating profit for the April-June period marks a 13.6-percent jump from the 584.6 [...]
SEOUL, Jul. 3 (Korea Bizwire) — LG Electronics Inc. said Monday it released a new tablet PC with improved portability, which supports the long-term evolution (LTE) network connectivity. The South Korean tech giant said the 290-gram G Pad IV 8.0 FHD LTE can be considered “as light as a can of soda,” making the device [...]
SEOUL, Jun. 29 (Korea Bizwire) — LG Electronics Inc. said Thursday it will supply its advanced driver-assistance system (ADAS) cameras to a premium German carmaker, tapping deeper into the vehicle components business. Through the deal, the South Korean company will supply camera modules and software to its German counterpart. LG did not reveal the name [...]
SEOUL, Jun. 28 (Korea Bizwire) — South Korean electronics firm LG Electronics Inc. said Wednesday it plans to tap deeper into the global chiller market currently dominated by U.S. rivals. The South Korean tech giant said the chiller market could become a new growth engine for its air-conditioning business, claiming that its sales will grow [...]
SAN JOSE, CALIFORNIA, Jun. 27 (Korea Bizwire) - Integrated Device Technology, Inc. (IDT) (NASDAQ:IDTI) today announced that it has again teamed with LG to enable wireless charging in the electronics giant’s flagship smartphones. The IDT® market-leading wireless power chips are integrated into the sleek new LG G6 state-of-the-art feature-rich models. IDT’s advanced wireless power technology includes all of the hardware and [...]
SEOUL, June 20 (Yonhap) – Incheon International Airport is introducing robots next month which could soon help customers find check-in counters and move luggage, and will also be capable of serving food at restaurants. According to Incheon Airport officials on Monday, five guide robots and another five for cleaning will be trialed from next month, [...]
SEOUL, Jun. 12 (Korea Bizwire) — Sony Corp.’s resurgence in the premium TV market is starting to threaten the lead enjoyed by South Korea’s Samsung Electronics Co. and LG Electronics Inc., industry data showed Sunday. Data provided by the global market tracker IHS showed that in the first half of this year, Sony accounted for [...]
SEOUL, May 30 (Korea Bizwire) ― Proving that a washing machines can be the star of a viral video, LG Electronics’ House of Cards video was the recipient of an AME Award in the category of branded entertainment. One of the most prestigious industry honors, the AME (Advertising & Marketing Effectiveness) Awards recognize a marketing [...]