SEOUL, Mar. 27 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. unveiled its test lab to the public for the first time to reassure customers of the safety of its flagship smartphone G6 and its battery, industry watchers said Sunday. The company last week took the press on a tour of its smartphone [...]
SEOUL, March 14 (Korea Bizwire) – LG Electronics has set a new Guinness World Record for the longest line of sticky notes, showing its support for India’s armed forces. An astounding 114,741 handwritten messages from customers in support of Indian Armed Forces snaked across the floor of a gymnasium located in Greater Noida, just outside New [...]
SEOUL, Feb. 14 (Korea Bizwire) – Subcontractors that provided the metal body for LG’s G5 smartphones criticized the electronics company on Monday, arguing that LG’s initial design failure for the products ultimately left them holding the short end of the stick. A temporary committee formed by a dozen secondary subcontractors, who demanded that LG swiftly [...]
SEOUL, Feb. 6 (Korea Bizwire) – LG Electronics announced Monday that it had set a new monthly record by selling more than 10,000 units of its Styler, an ambitious garment care system, for the first time in January – which equates to selling roughly one unit every four minutes. The Styler is a combination of [...]
SEOUL, Feb. 6 (Korea Bizwire) – The home appliance industry has recently upped growth expectations for the laundry dryer market from doubling this year (compared to 2016) to tripling, if not quadrupling, to 300,000 to 400,000 units to be sold. Despite the ubiquity of electric or gas dryers overseas, most Korean households still make use [...]
SEOUL, Jan. 31 (Korea Bizwire) – LG Electronics Inc. was more profitable than Samsung Electronics Co. in the home appliance business in 2016 despite a gap in their overall revenue, industry data showed Tuesday. LG’s home entertainment, home appliance and air solution divisions chalked up an operating profit of 2.57 trillion won (US$2.19 billion) on [...]
SEOUL, Jan. 18 (Korea Bizwire) – The average sales price of LG Electronics Inc.’s smartphones is about one-fifth that of Apple Inc.’s iPhones, industry data showed Wednesday, underlining LG’s difficulty in reviving its loss-making smartphone business. According to a survey of 12 LG smartphones sold at KT Corp.’s online store, the average sales price of [...]
SEOUL, Jan. 6 (Korea Bizwire) – LG Electronics Inc. forecast Friday that it is likely to have returned to the red in the fourth quarter of last year, indicating that its money-losing smartphone business appears to have continued to crumble. LG said it expects an operating loss of 35.3 billion won (US$29.6 million) for the [...]
LAS VEGAS, Jan. 4 (Korea Bizwire) – South Korean home appliance maker LG Electronics Inc. showed its new lineup of flagship organic light-emitting diode (OLED) televisions at an annual U.S. trade show Wednesday, as it seeks to get a bigger slice of the U.S. market for next-generation TVs. The sleek and razor-thin 77-inch TV, displayed [...]
SEOUL, Dec. 21, 2016 (Korea Bizwire) ― To advance the functionality of today’s home appliances to a whole new level, LG Electronics (LG) is set to deliver an unparalleled level of performance and convenience into the home with deep learning technology to be unveiled at CES 2017. LG deep learning will allow home appliances to better understand their users [...]