LG Electronics
- Business
LG launches next-gen AI TVs in different sizes in India
New Delhi: LG Electronics on Wednesday launched the next generation of artificial intelligence (AI) TVs in different sizes starting from 43-inch to 97-inch in India. The 2024 lineup features LG OLED evo…
- Business
LG Electronics reports 11 pc decline in Q1 profit as costs rise
Seoul: LG Electronics said on Friday that its operating profit for the first quarter of this year fell more than 10 per cent from a year earlier, due to rising costs and…
- News
LG Group to invest over $74 billion into future tech by 2028
Seoul: LG Group said on Wednesday it will invest 100 trillion won ($74.4 billion) in South Korea by 2028 to sharpen future technologies and seek new growth drivers. Unveiled at the group’s…
- Business
LG invests $60 million in US startup Bear Robotics
Seoul: LG Electronics said on Tuesday it has made a $60 million strategic investment in Silicon Valley-based startup Bear Robotics in a move to strengthen its business capabilities in the booming market…
- Business
LG Electronics’ operating profit jumps over 33% in Q3
Seoul: LG Electronics said on Friday that its third-quarter operating profit jumped more than 33 per cent on brisk sales of new-platform services and automotive electronics, beating market expectations. The company said…
- Technology
LG unveils latest multimodal AI model for professional use
Seoul: LG AI Research, the artificial intelligence lab under LG Group, unveiled the second generation of its giant, multimodal AI model on Wednesday, accelerating its efforts to become a force to be…
- Technology
LG plans $39.5 bn investment to hit $79 bn in sales by 2030
New Delhi: LG Electronics aims to spend $39.5 billion in research and development, facility and strategic investment as it aims to reach $79 billion in sales by 2030, up from $51.4 billion…
- Business
LG sets up 1st overseas TV R&D lab in Indonesia
Seoul: LG Electronics said on Thursday it has established its first overseas research and development (R&D) lab for home entertainment products in Indonesia as part of its efforts to accelerate its inroads…
- Technology
LG Electronics’ Q1 profit down 23% on sluggish demand
Seoul: LG Electronics on Friday said its operating profit for the January-March period likely declined 23 per cent from a year earlier amid the on-going macroeconomic woes that dampened consumer demand. The…
- Business
LG Electronics Q4 operating profit down 91.2% in Q4
Seoul: LG Electronics estimated its fourth-quarter operating earnings at 65.5 billion won ($51.6 million), down 91.2 per cent from a year earlier. Revenue increased 5.2 percent on-year to 21.85 trillion won, marking…
- Technology
LG Innotek will reveal new camera module at CES 2023
San Francisco: Major supplier of mobile camera modules LG Innotek has announced that it will introduce a new ‘optical telephoto zoom camera module’ at the Consumer Electronics Show (CES) 2023. The module…
- Technology
LG creates world’s 1st high-resolution display that stretches by 20%
Seoul: LG Display on Tuesday unveiled the world’s first 12-inch high-resolution display that can be stretched by 20 per cent, and is equipped with outstanding free-form technology that enables it to be…
- Technology
LG unveils 32-inch 4K Smart Monitor with AirPlay 2 support
Seoul: South Korean technology conglomerate LG Electronics has showcased a new smart monitor that comes with built-in webOS streaming functionality to complement its 32-inch 4K panel with AirPlay 2 support, and USB-C…
- Business
LG Electronics’ Q3 profit estimated to have risen 25% on-year
Seoul: LG Electronics said on Friday that its preliminary third-quarter operating profit jumped around 25 per cent from a year earlier. The tech company said its profit for the July-September period was…
- Business
LG unveils world’s largest OLED TV at US trade show
Seoul: LG Electronics said it has showcased the world’s largest organic light-emitting diode (OLED) TV at the latest trade show in the US in a bid to target the premium TV market…
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