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Samsung and LG Sweep 2025 Ergonomic Design Awards with Smart Home Innovations

Samsung and LG Sweep 2025 Ergonomic Design Awards with Smart Home Innovations

SEOUL, July 31 (Korea Bizwire) — South Korea’s tech giants Samsung Electronics and LG Electronics swept top honors at the 2025 Ergonomic Design Awards, hosted by the Ergonomics Society of Korea, with a series of smart home appliances praised for their user-centric design, usability, and innovation. Samsung’s Bespoke AI Dishwasher was named Best of the [...]

LG AI Research Unveils Vision to Expand EXAONE AI Ecosystem

LG AI Research Unveils Vision to Expand EXAONE AI Ecosystem

SEOUL, July 22 (Korea Bizwire) — LG AI Research, the artificial intelligence (AI) lab under South Korea’s LG Group, on Tuesday unveiled its vision to expand the EXAONE AI ecosystem, encompassing every level from foundation models to enterprise-level AI application services. “We will secure global competitiveness based on our proprietary foundation model and apply it [...]

LG Electronics CEO Cho Gifts First Korean-Made Radio to Qualcomm CEO to Mark Partnership

LG Electronics CEO Cho Gifts First Korean-Made Radio to Qualcomm CEO to Mark Partnership

SEOUL, July 22 (Korea Bizwire) — LG Electronics Inc. Chief Executive Officer (CEO) Cho Joo-wan has presented a replica of the company’s first radio to Qualcomm Inc. CEO Cristiano Amon as a symbol of appreciation for the long-standing partnership between the two companies. Amon shared a photo on Tuesday on his LinkedIn account of himself [...]

LG Partners with Chinese Firms to Launch Budget Home Appliances in Europe

LG Partners with Chinese Firms to Launch Budget Home Appliances in Europe

SEOUL, July 14 (Korea Bizwire) — LG Electronics is making a strategic push into Europe’s mid- to low-end appliance market by collaborating with Chinese manufacturers from the product design stage — a first for the South Korean tech giant. According to industry sources on July 14, LG plans to launch a new front-load washing machine [...]

Samsung, LG To Showcase Automotive Tech At IAA Mobility In Munich

Samsung, LG To Showcase Automotive Tech At IAA Mobility In Munich

SEOUL, July 14 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. plan to participate in an international motor show in Munich in September as part of their ongoing push into the automotive components business, industry sources said Monday. At IAA Mobility 2025, slated for Sept. 9-14 in Munich, Germany, Samsung Electronics’ semiconductor division [...]

LG Electronics Acquires Norwegian Firm To Tackle Europe’s HVAC Market

LG Electronics Acquires Norwegian Firm To Tackle Europe’s HVAC Market

SEOUL, June 30 (Korea Bizwire) — LG Electronics Inc., South Korea’s leading home appliance maker, said Monday it has acquired a Norwegian hot water storage company to strengthen its foothold in the European air and water heating markets. The company said it acquired a 100 percent stake in OSO Group AS, a firm known for [...]

LG Electronics Nears 2030 Emissions Target In 2024

LG Electronics Nears 2030 Emissions Target In 2024

SEOUL, June 30 (Korea Bizwire) — LG Electronics Inc., South Korea’s leading home appliance maker, said Monday it came close to meeting its 2030 greenhouse gas emissions target in 2024, driven by the adoption of high-efficiency equipment and expanded use of renewable energy. In its 2024-2025 Sustainability Report, the company said its combined Scope 1 [...]

LG Energy Solution Joins Hand With Toyota Tsusho To Set Up Battery Recycling JV

LG Energy Solution Joins Hand With Toyota Tsusho To Set Up Battery Recycling JV

SEOUL, June 19 (Korea Bizwire) – LG Energy Solution, South Korea’s leading battery manufacturer, said Thursday it has signed a deal with Toyota Tsusho Corp., a trading company under Japan’s Toyota Group, to set up a battery recycling joint venture (JV) in the United States. The new company, Green Metals Battery Innovations LLC, will be [...]