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LG Takes the Multimedia Mobile Experience To the next level with V20

LG Takes the Multimedia Mobile Experience To the next level with V20

SEOUL, Sept. 7 (Korea Bizwire) – LG Electronics (LG) today unveiled the V20, the latest in its V series of smartphones, delivering the highest multimedia capabilities available in a mobile device. The V20 boasts new features including Steady Record 2.0, Hi-Fi Quad DAC, HD Audio Recorder and front and rear wide-angle lens cameras to deliver best-in-class performance. It [...]

LG Electronics to Unveil New Smartphone V20 Wednesday

LG Electronics to Unveil New Smartphone V20 Wednesday

SEOUL, Sept. 6 (Korea Bizwire) – LG Electronics Inc. will unveil a new premium smartphone this week as it seeks to revive its struggling handset business.  The V20 smartphone, to be announced on Wednesday in Seoul, is the first smartphone in the world to run on Google’s latest Android mobile operating system called “Nougat.”  Following [...]

LG IoT Ecosystem Expands Capabilities with Amazon Collaboration

LG IoT Ecosystem Expands Capabilities with Amazon Collaboration

BERLIN, Sep. 2 (Korea Bizwire) ― At IFA 2016 in Berlin starting today, LG Electronics (LG) will be demonstrating its expanding smart home ecosystem with more partnerships and collaborations, highlighted by its cooperation with Amazon, the world’s largest e-commerce retailer. With a strategy of Open Partnership, Open Platform, and Open Connectivity in the growing Internet of Things (IoT) field, [...]

Samsung, LG to Unveil Latest Gadgets at Trade Show in Berlin

Samsung, LG to Unveil Latest Gadgets at Trade Show in Berlin

SEOUL, Aug. 26 (Korea Bizwire) – Samsung Electronics Co. and LG Electronics Inc. will showcase their latest developments, gadgets and smart home appliances at next month’s consumer electronics fair in Berlin, according to company officials on Friday.  The annual IFA fair, to be held in Berlin from Sept. 2-7, will bring together about 240,000 participants [...]

Korean Electronics Firms Double Down on Vietnam Investment

Korean Electronics Firms Double Down on Vietnam Investment

HANOI, Vietnam, Aug. 9 (Korea Bizwire) – Vietnam is becoming an increasingly attractive manufacturing location for Korean electronics makers.  “Labor costs in Vietnam are inexpensive, with a labor force more than 54 million strong. The conditions for industrial investment are still good,” said Park Byeong-guk, vice director of the Korea Trade-Investment Promotion Agency’s regional branch [...]

LG Electronics Posts Big Jump in Q2 Profit on Strong Sales of Home Appliances

LG Electronics Posts Big Jump in Q2 Profit on Strong Sales of Home Appliances

SEOUL, July 28 (Korea Bizwire) – LG Electronics Inc. posted its biggest quarterly operating profit in two years for the second quarter of this year, backed by strong sales of its home appliances and televisions.  LG Electronics reported an operating profit of 584.6 billion won (US$519.6 million) in the April-June period, up 139.5 percent from [...]

Kitchen Appliances Gaining Popularity in Korea

Kitchen Appliances Gaining Popularity in Korea

SEOUL, July 19 (Korea Bizwire) — Many companies within the home appliances industry are expanding their product lines to include more kitchen appliances, as family activities and lifestyle patterns have evolved to take place more in the kitchen rather than in the living room. According to an industry official, the kitchen has transformed to become [...]

LG Electronics Shifts Away from Modest Marketing Strategy

LG Electronics Shifts Away from Modest Marketing Strategy

SEOUL, May 31 (Korea Bizwire) – LG Electronics has long been criticized for its ‘humble’ marketing strategies despite launching products with class-leading features. However, the global electronics giant is now challenging the accusations with radical marketing campaigns.  LG recently invited Sierra Blair-Coyle, a professional rock climber, to climb a 33-storey building using only the vacuuming [...]