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The Korea Herald

LG

May 20, 2019
‘Foldable display ready for commercialization': LGD CTO

[ET NEWS] “ LG Display ’s own foldable display technology is mature enough for commercialization, and it is now up to device makers to adopt the tech and grow the market in earnest,” said CTO Kang In-byeong at the SID Display Week 2019. Speaking at one of the world’s largest display confere...
May 16, 2019
LG develops AI chip for home appliances

LG Electronics said on May 16 it has developed an artificial intelligence chip applicable in various household appliances to offer customized services for users. The tech giant said its AI chip is equipped with neural engine processing cores customized to run deep learning algorithms. LG sa...
May 15, 2019
LG to launch 8K OLED, rollable TV in H2

LG Electronics said on May 15 it will launch its 8K OLED TV and rollable TV in South Korea in the latter half of the year to target the premium segment with improved displays and a new form factor. The Korean tech giant released its 4K OLED lineup in three sizes -- 55 inch, 65 inch and 77 inch ...
May 08, 2019
LG to launch V50 ThinQ 5G smartphone this week

LG Electronics said May 8 it will release its first 5G smartphone, the V50 ThinQ, this week, after working for weeks to ensure its performance under the new network standard. The tech giant had initially planned to launch the V50 in South Korea in late April but pushed back the schedule to opti...
May 03, 2019
LG set to launch 5G smartphone next week

LG Electronics is expected to launch its first 5G smartphone, the V50 ThinQ, in South Korea next week after work to ensure its performance on the new network standard, industry sources said on May 3. The company had initially planned to launch the V50 in Korea in late April but pushed back the sch...
May 02, 2019
LG Uplus’ net profit up 15% in Q1

LG Uplus said on May 2 its net profit increased 14.8 percent in the first quarter from a year earlier on the back of strong IPTV and internet business. The nation’s No. 3 mobile carrier said it posted a net profit of 133 billion won ($113.8 million) in the January-March period, compared with 1...
April 11, 2019
LG steps up investment in global startups

South Korean conglomerate LG Group said on April 11 it has been looking for investment opportunities in various fields to keep pace with fast-changing technology trends and find new growth drivers. LG Technology Ventures, its venture capital investment arm, has invested over $19 million in star...
April 10, 2019
LG Display pins high hopes on China’s OLED market for growth

South Korean panel maker LG Display will accelerate its shift from the LCD to OLED business with a new production line in China and expects to get a boost from the country’s demand potential, a senior official said. LGD has been looking for ways to expand its OLED business in the global market...
April 04, 2019
LG Uplus launches unlimited 5G data plan

LG Uplus said on April 4 that it will launch two types of unlimited data plans for 5G smartphones, joining the cutthroat price competition to attract early adopters for the new service. South Korea’s No. 3 mobile carrier, which was the first to unveil its 5G mobile package on last week, offered t...
April 03, 2019
LG Uplus opens Innovation Lab for 5G

LG Uplus on April 3 opened a 5G Innovation Lab for tech startups to facilitate collaboration in development of innovative content and services for the new telecommunication standard. The nation’s No. 3 carrier said the 5G Innovation Lab will offer a new network environment and service platform...
April 03, 2019
LG’s appliance rental sales rise steadily

LG Electronics’ revenue from its home appliance rental service jumped over the last two years, its business report showed on April 3, as more people opt for renting gadgets to save money on purchases, installations and maintenance. The electronics maker posted 292.4 billion won ($257.20) milli...
April 02, 2019
LG Chem acquires DuPont’s tech for soluble OLEDs

LG Chem said on April 2 that it has acquired a key technology and related assets from global high-tech chemical firm DuPont for next-generation soluble OLEDs. Under the deal, LG Chem acquired DuPont’s technologies and patents for soluble OLEDs as well as its R&D and production facilities, it s...
March 31, 2019
LG’s 5G smartphone to cost less than Samsung’s

Samsung Electronics and LG Electronics are going head to head in the fight for 5G smartphone market dominance in South Korea. Not long after Samsung revealed plans to begin sales of the world’s first 5G-compatible Galaxy S10 as of April 5, LG Electronics said on March 31 that it would begin sa...
March 28, 2019
LG tipped to log on-quarter earnings gain

LG Electronics is projected to post a sharp on-quarter rise in first-quarter earnings thanks to strong sales of anti-fine dust products, industry source said on March 28. Analysts predict the South Korean electronics giant will register an operating profit of about 790 billion won ($694 million...
March 26, 2019
LG unveils premium air conditioner

LG Electronics on March 26 unveiled new air conditioners equipped with air purification and other advance features aimed squarely at the premium market. The air conditioners, in particular, provide “all-in-one” air solution features -- cooling, heating, air purification, humidification and de...

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