SEOUL, Jul. 30 (Korea Bizwire) — LG Electronics Inc. said Sunday it will start sales of the LG Q6 budget smartphone this week, which adopts a “full-vision” display with an 18:9 screen aspect ratio. The South Korean tech giant said the sales of the 5.5-inch smartphone will kick off Wednesday with a price tag of [...]
SEOUL, July 27 (Korea Bizwire) – LG Electronics Inc., South Korea’s No.2 electronics firm, said Thursday its second-quarter net profit nearly doubled from a year earlier on the back of a steady rise in home appliance goods, but its mobile phone business continued to suffer losses due to weaker than expected sales of flagship smartphones. [...]
SEOUL, Jul. 24 (Korea Bizwire) — LG Electronics Inc. on Monday showcased five different Internet-of-Things (IoT) sensors that can be utilized at homes, in line with the company’s push to build up its latest technology. IoT is a concept in which objects are connected to the Internet and can identify themselves to other devices in [...]
SEOUL, Jul. 21 (Korea Bizwire) — LG Electronics Inc. said Friday it introduced commercial robots to Incheon International Airport, announcing the move will work as a stepping stone for the company to tap deeper into the industry. The South Korean tech giant said it deployed five cleaning and information robots, respectively, to South Korea’s main [...]
SEOUL, Jul. 17 (Korea Bizwire) — LG Electronics Inc. said Monday that independent studies showed its robot vacuum cleaner released earlier this year were as intelligent as a 6-to-7-year-old child. Citing a research conducted by Robotics & Intelligent Systems Lab under Seoul National University, the South Korean consumer electronics giant said the vacuum cleaner, named [...]
SEOUL, Jul. 13 (Korea Bizwire) — LG Electronics Inc. said Thursday it plans to reveal a new flagship smartphone in Berlin next month ahead of an international tech convention. The South Korean tech giant said it will showcase the presumed V30 smartphone on Aug. 31, ahead of the opening of the Internationale Funkausstellung Berlin (IFA) [...]
SEOUL, July 12 (Korea Bizwire) – LG Electronics’ smartphone business has been struggling to extricate itself from a quagmire caused by stubborn losses and a weak brand image, but local market watchers said Wednesday they remain optimistic the company can pull off a rebound going forward. The tech giant’s slump is all the more stark [...]
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 [...]