SEOUL, Feb. 12 (Korea Bizwire) — LG Electronics is continuing its tradition of celebrating employees’ children entering school by providing laptops and school supplies, reinforcing its commitment to work-life balance and family support. Since launching the initiative in 2021, LG Electronics has gifted approximately 22,000 laptops over the past five years. Employees can request a [...]
SEOUL, Feb. 10 (Korea Bizwire) – LG Energy Solution Ltd., South Korea’s leading battery maker, said Monday it has been named the renewable energy bidding service operator for the country’s largest wind farm on the southern island of Jeju. With this appointment, the company will now manage all offshore wind farms in the country that [...]
SEOUL, Jan. 31 (Korea Bizwire) — OLED panels are steadily increasing their market share in the global display industry, potentially boosting LG Display’s performance as the company shifts its focus toward OLED technology. According to market research firm Omdia, OLED panels are projected to capture 43% of the global display market by revenue by 2031, while [...]
SEOUL, Jan. 27 (Korea Bizwire) — South Korea’s LG Electronics and Samsung Electronics reaffirmed their dominance in the U.S. premium appliance market, securing all top spots in Consumer Reports’ 2025 rankings for large-capacity washers. Despite increasing competition from Chinese brands, Korean companies demonstrated superior technology and reliability, solidifying their positions in the world’s largest premium market. [...]
SEOUL, Jan. 20 (Korea Bizwire) — South Korean tech giants Samsung and LG are intensifying their push into artificial intelligence, developing proprietary AI models to boost productivity and streamline operations across their businesses. LG AI Research unveiled its latest AI model, EXAONE 3.5, in December and launched ChatEXAONE, an enterprise AI assistant available to employees within [...]
SEOUL, Jan. 15 (Korea Bizwire) — LG Electronics Inc. said Wednesday it has signed a strategic partnership with Microsoft Corp. to strengthen the content of the gaming platform of its smart TVs. Under the partnership, additional Xbox games from Microsoft, including the Harry Potter game “Hogwarts Legacy,” will be available for subscribers of Xbox Game [...]
SEOUL, Jan. 14 (Korea Bizwire) — LG Electronics announced on January 14, 2025, the launch of its latest air conditioners, the ‘LG Whisen Objet Collection Tower I’ and ‘LG Whisen Objet Collection View I Pro.’ These new models are equipped with advanced artificial intelligence (AI) features designed to create an optimized cooling and air purification environment. [...]
SEOUL, Jan. 3 (Korea Bizwire) — In their New Year’s messages, chief executives of South Korea’s three major telecommunications companies and leading platform and gaming firms highlighted plans to expand artificial intelligence operations and boost revenue generation in 2025. The heads of the telecom companies unanimously identified AI achievements as their primary objective for the coming [...]
SEOUL, Dec. 31 (Korea Bizwire) — LG Electronics is set to strengthen its leadership in the premium gaming market with the introduction of groundbreaking OLED gaming monitors at CES 2025, the world’s largest consumer electronics and IT exhibition, in Las Vegas early next month. The company announced on December 30 that it will showcase two 45-inch [...]
SEOUL, Dec. 26 (Korea Bizwire) – South Korean venture companies collectively achieved over 240 trillion won ($165 billion) in sales last year, ranking third among the nation’s top corporate groups, according to data released on December 25 by the Ministry of SMEs and Startups. This places them behind only Samsung Group (295 trillion won) and [...]