SEOUL, July 30 (Korea Bizwire) – The second quarter report from LG’s MC headquarters (in charge of smartphones) has been revealed. MC headquarters were said to be responsible for bringing down the stock price of LG Electronics. Cutting to the chase, it was a broke trade, where they sold a lot but didn’t get much [...]
SEOUL, July 29 (Korea Bizwire) – LG Electronics Inc., South Korea’s No. 2 tech giant, said Wednesday its second-quarter net profit tumbled 45 percent on-year due to lackluster sales of its flagship G4 smartphone and unfavorable currency rates. Net profit came to 226.4 billion won (US$195.7 million) in the April-June period, compared with 411.8 billion [...]
SEOUL, Apr. 17 (Korea Bizwire) — The Korean government has finally had enough of the three major mobile carriers’ habitual practice of collecting fingerprint information by scanning the back of customers’ ID cards as an identity verification measure. Fingerprint information is found on the back of all Korean ID cards, and the total number of [...]
SEOUL, Apr. 7 (Korea Bizwire) — South Korea’s No. 2 tech giant LG Electronics Inc. said Tuesday its upcoming flagship smartphone, the G4, will have a high-powered camera that enables users to take clear and vivid photos in dark conditions. The company, which earlier said the new smartphone will be showcased on April 29 in [...]
SEOUL, Mar. 31 (Korea Bizwire) — South Korean tech giants Samsung Electronics Co. and LG Electronics Inc. announced Tuesday they have agreed to halt ongoing legal disputes, ending a years-long court battle over alleged technology theft and vandalism. “(Samsung and LG) agreed to end all ongoing disputes to end tension,” the two companies said in [...]
SEOUL, Mar. 30 (Korea Bizwire) ― LG Electronics (LG) kicks off the global rollout of its new mid-range smartphone lineup starting in South America to be followed closely by Europe, Asia, Middle East Africa and North America. This premium but affordable series comprised of Magna, Spirit, Leon and Joy was first unveiled at Mobile World [...]
SEOUL, Mar. 4 (Korea Bizwire) — South Korea’s No. 2 tech giant LG Electronics Inc., which recently has been making efforts to tap deeper into the automobile sector, said Wednesday it has provided electronic parts to a concept car made by Italdesign Giugiaro, a design arm of Germany’s Volkswagen Group. LG said the concept car [...]
Barcelona, Spain, March 1 (Korea Bizwire) – Models pose with new LG Electronics products at Fira Gran Via in Barcelona, Spain, on March 1, 2015, on the eve of the opening of the 2015 Mobile World Congress. According to market watchers, LG Elecs might reveal the LG G4, along with mid-range Android smartphones called the [...]
SEOUL, Feb. 26 (Korea Bizwire) – South Korea’s top tech firm Samsung Electronics Co. said Thursday it has decided to freeze pay for its employees for 2015, as the world’s No.1 handset maker struggles to bounce back from a slump in its mainstay mobile business that ate into overall profits. A Samsung official earlier told [...]
SEOUL, Feb. 25 (Korea Bizwire) ― With the world’s largest mobile industry event, Mobile World Congress (MWC), set to begin next week in Barcelona, LG Electronics (LG) today announced the global rollout of its eagerly anticipated curved smartphone, G Flex2. Major carriers in the United States, Hong Kong, Singapore, France, Germany and the U.K. will be [...]