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[THE INVESTOR] LG Display may switch to a loss in the first quarter of 2019 due mainly to falling LCD panel prices, industry sources said on Jan. 24. The firm’s operating profit tumbled about 76 percent on-year to 140 billion won (US$124 million) in the third quarter of last year, though it w...
[THE INVESTOR] LG Electronics said on Jan. 23 it will unwrap its latest flagship smartphone with a new user interface on the eve of the Mobile World Congress in Spain. The Korean electronics maker will host a media event in Barcelona on Feb. 24 that is expected to generate attention from atten...
[THE INVESTOR] LG Uplus said on Jan. 22 it will establish its 5G infrastructure in major cities by end-2019. Following the launch of the world’s first 5G network with SK Telecom and KT, LG Uplus CEO Ha Hyun-hoi vowed to speed up the 5G network and create content on the new platform. “We ...
[THE INVESTOR] Owners of electric vehicles will be able to charge their cars and get repair services at select gas stations operated by GS Caltex, under an agreement with LG Electronics, the companies said on Jan. 22. GS Caltex, Korea’s No. 2 gas station operator, signed a memorandum of under...
[THE INVESTOR] Amid rumors about whether LG Electronics intends to join the upcoming foldable smartphone competition, a source confirmed to The Korea Herald on Jan. 20 that the company will showcase a foldable smartphone exclusively to its business-to-business customers at Mobile World Congress ...
[THE INVESTOR] LG Electronics Inc., one of the leading home appliance manufacturers in the world, said Sunday that it received a total of 132 awards at this year‘s Consumer Electronics Show (CES) in Las Vegas. It said that its products received the much coveted CES top innovation title annou...
[THE INVESTOR] LAS VEGAS -- LG Electronics is striving to push its robotics business with the goal of reaching break-even point in two years, a top executive said on Jan. 9. The Korean tech giant is preparing to debut new robots with different functions and some of them will be released soon d...
[THE INVESTOR] Korean home appliance maker LG Electronics said Jan. 8 that its fourth-quarter operating profit plunged 79.5 percent compared with a year earlier, far below market estimates. The company’s operating profit reached 75.3 billion won (US$67 million) in the October-December period,...
[THE INVESTOR] LAS VEGAS -- LG Electronics unveiled the world’s first rollable OLED TV, with plans to commercialize it in the second half of the year, ahead of the Consumer Electronics Show 2019 on Jan. 7. The Korean tech giant showcased its flexible 65-inch LG Signature OLED TV R with the sc...
[THE INVESTOR] LAS VEGAS -- Kicking off on Jan. 1 in Las Vegas, the world’s biggest information technology tradeshow, Consumer Electronics Show 2019, is to showcase significant advancements in consumer electronics technologies led by “smarter” artificial intelligence that will be supported by a...
[THE INVESTOR] LG Electronics said on Jan. 6 it will release its Q9 smartphone, featuring key elements from flagship models such as an AI camera and the LG Pay mobile payment system, this week. The 6.1-inch LG Q9 comes with 16-megapixel main camera and an 8-megapixel front camera. Its battery cap...
[THE INVESTOR] LG Electronics announced on Dec. 27 that it will launch a new sound bar lineup that delivers superior sound quality with AI functions at CES 2019, the world’s biggest electronics exhibition, in Las Vegas next month. The SL9 sound bar that has received an award for innovation from...
[THE INVESTOR] LG Electronics on Dec. 27 unveiled a new exoskeleton work suit that can help physical laborers by supporting their backs, enabling them to work with less effort as well as preventing injuries. The Korean tech giant claimed the new LG CLOi SuitBot, which is worn around the waist,...
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