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LG Bets Big on Robot Business

Earlier May, LG Electronics announced it had made equity investment in Acryl, a local AI startup. (Image courtesy of LG Elecs) SEOUL, May 29 (Korea Bizwire) – LG Electronics Inc. said Tuesday it plans to invest 53.6 billion won (US$49.67 million) in acquiring stakes in Robostar Co., a local robot manufacturing firm, as part of [...]

LG’s G6 Sells over 30,000 in S. Korea in Just 2 Days

SEOUL, March 12 (Korea Bizwire) – LG Electronics Inc. said Sunday that its latest high-end smartphone, the G6, has sold over 30,000 units in just two days since its debut here, heralding better-than-expected sales down the road. LG Electronics began selling the G6 in South Korea on Friday, as it seeks to revive its money-losing [...]