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LG Electronics Reports 3.7 Pct Decline in Q3 Profit on Smartphone Losses

LG Electronics Reports 3.7 Pct Decline in Q3 Profit on Smartphone Losses

SEOUL, Oct. 27 (Korea Bizwire) – LG Electronics Inc. said Thursday its third-quarter operating profit fell 3.7 percent from a year earlier, hit by sluggish sales in its money-losing smartphone business.  LG said in a regulatory filing that the operating profit for the July-September quarter stood at 283.2 billion won (US$250.9 million), compared with a [...]

With Little Innovation, Technology in Premium Smartphones Converging

With Little Innovation, Technology in Premium Smartphones Converging

SEOUL, Sept. 7 (Korea Bizwire) – Samsung has impressed consumers with iris-scanning technology and dust and water-proof enclosures in its premium phones, and LG, with its dual camera and improved audio capabilities (in the new V20). But how long will these latest technologies remain as signature features exclusive to individual models of premium smartphones?  Thinking [...]

LG Takes the Multimedia Mobile Experience To the next level with V20

LG Takes the Multimedia Mobile Experience To the next level with V20

SEOUL, Sept. 7 (Korea Bizwire) – LG Electronics (LG) today unveiled the V20, the latest in its V series of smartphones, delivering the highest multimedia capabilities available in a mobile device. The V20 boasts new features including Steady Record 2.0, Hi-Fi Quad DAC, HD Audio Recorder and front and rear wide-angle lens cameras to deliver best-in-class performance. It [...]

LG Electronics to Unveil New Smartphone V20 Wednesday

LG Electronics to Unveil New Smartphone V20 Wednesday

SEOUL, Sept. 6 (Korea Bizwire) – LG Electronics Inc. will unveil a new premium smartphone this week as it seeks to revive its struggling handset business.  The V20 smartphone, to be announced on Wednesday in Seoul, is the first smartphone in the world to run on Google’s latest Android mobile operating system called “Nougat.”  Following [...]