SEOUL, Jul. 11 (Korea Bizwire) – LG Electronics is contemplating supporting an employee’s pledge to donate 1,000 won for each new YouTube subscriber, a commitment that could lead to a contribution of approximately 10 million won this month. According to industry sources on July 10, Choi Jung-hyun, a senior employee at LG Electronics who runs the [...]
SEOUL, July 4 (Korea Bizwire) – LG Electronics announced on July 4 that the New York Yankees, one of America’s most prestigious professional baseball teams, have joined its “Protecting Endangered Animals with LG” campaign. The initiative, which aims to raise awareness about biodiversity, features stunning and dynamic images of animals threatened by climate change on electronic [...]
SEOUL, Jul. 3 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has signed a deal to acquire the Netherlands-based home automation company Athom B.V. in a bid to create an open smart home ecosystem and enhance connectivity to home appliances and IoT devices. According to the company, LG Electronics will initially acquire an 80 [...]
SEOUL, June 30 (Korea Bizwire) – LG Electronics Inc., South Korea’s leading consumer electronics maker, said Sunday it has adopted human rights principles to avoid human rights violations within the company and its contracted companies. LG Electronics has integrated existing human rights-related rules and strengthened them in line with the United Nations Guiding Principles on [...]
SEOUL, Jun. 19 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has partnered with ChargePoint Inc., the leading supplier of charging solutions for electric vehicles in North America, to expand its EV charging business on a global basis. Under the memorandum of understanding, LG Electronics will supply its advanced EV charging equipment to ChargePoint, [...]
SEOUL, Jun. 18 (Korea Bizwire) — LG Electronics Inc. said Tuesday it will pay out 90 billion won (US$65.2 million) in dividends to its shareholders for the first half as part of plans to increase shareholder value. Shareholders will receive 500 won per share on June 30, according to the company in a filing. This [...]
SEOUL, Jun. 17 (Korea Bizwire) – LG Electronics has unveiled a premium experience space called “Another Hanok” in Madrid, Spain, designed to showcase its AI-powered appliances and energy-efficient heating, ventilation, and air conditioning (HVAC) solutions, the company announced on June 16. Another Hanok is a traditional Korean-style building outfitted with LG Electronics’ high-efficiency energy products, achieving [...]
SEOUL, Jun. 10 (Korea Bizwire) – In an effort to foster a culture of giving in daily life, LG Electronics announced on June 9 that it will operate Donation Kiosks to enable employees to easily engage in charitable activities. The Donation Kiosks have been installed at the LG Twin Towers, as well as the company’s facilities [...]
Clarksville, Tennessee, Jun. 5 (Korea Bizwire) – LG Electronics is considering producing home appliances beyond just washers and dryers in the United States, bracing for a potential deterioration in the trade environment following the results of the U.S. presidential election in November. The South Korean company began manufacturing washers in the U.S. during Donald Trump’s first [...]
SEOUL, Jun. 3 (Korea Bizwire) – LG Electronics is introducing a new refrigerator brand called STEM that directly connects to a water line to produce purified water and ice. The company plans to expand the STEM lineup to more than half of its premium French-door refrigerator models and position it as a driving force for its [...]