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[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,...
[THE INVESTOR] LG Electronics on Dec. 13 unveiled a new energy storage system designed especially for solar power plants with smaller capacities. LG said it will release what it calls the all-in-one ESS for 100 kilowatt solar power plants. The comprehensive package brings together power condit...
[THE INVESTOR] LG Electronics’ 65-inch OLED TV was named the best OLED TV of 2018, US industry tracker Consumer Reports said on Dec. 7. According to the research conducted by Consumer Reports, LG’s 65-inch TV with a model number of OLED65B8PUA received the top mark among OLED TVs in terms of...
[THE INVESTOR] LG Display said on Dec. 6 it has raised 20 billion yuan (US$2.91 billion) in syndicated loans with Chinese banks to finance its local affiliate, LG Display High-Tech. The display maker said the deal was reached with China Construction Bank, the Bank of Communication, the Agricul...
[THE INVESTOR] Korean tech giant LG Electronics’ products were named among the best 4K monitors of 2018, a report released by Forbes and Rtings.com showed on Nov. 30. According to the report, LG took up four of the top five best 4K monitors of 2018. “It is a very good 4K monitor for most...
[THE INVESTOR] LG Electronics said on Nov. 28 it has opened two new organizations under the direct control of its CEO that will focus on bolstering its robot and self-driving solution businesses. The two were created as part of a regular reshuffle which promoted 56 executives. LG said it decid...
[THE INVESTOR] LG Innotek, an electronics parts maker under LG Group, on Nov. 26y showcased an ultra-slim vehicle lighting module, Nexlide-L, paving the way for carmakers to develop automobiles with unique designs. Nexlide is the brand name for LG Innotek’s automotive LED lighting. LG said t...
[THE INVESTOR] With less than two months left for the New Year, Korea’s large conglomerates, including LG Group and Samsung Group, are preparing to carry out their annual organizational restructuring and reshuffle of top executives. LG will likely start off by announcing some changes in its busi...
[THE INVESTOR] LG Electronics said on Nov. 19 it took part in an e-sports competition that kicked off in the United States last week and promoted the company’s high-end desktop monitor, the LG UltraGear, which is optimized for gaming. The Korean tech giant, which participated in DreamHack Atl...
[THE INVESTOR] LG Electronics said on Nov. 13 its chief executive officer plans to hold meetings with IT experts in the United States this week as part of the company‘s efforts to recruit overseas professionals. CEO Jo Seong-jin plans to meet experienced experts in the fields of emerging indu...
[THE INVESTOR] LG Electronics on Nov. 7 started selling its new high-end products based on the concept of combining home appliances with furniture, seeking to penetrate deeper into the premium segment. Last week, the Korean tech giant unveiled the LG Objet brand for the first time. The line of...
[THE INVESTOR] LG Electronics said on Nov. 5 it has inked an agreement with E-mart to develop a new type of service robot that can assist shoppers at supermarkets. Under the agreement, the two companies will develop what they call a smart-cart robot that can automatically identify obstacles an...
[THE INVESTOR] LG Electronics rolled out a new premium lineup of home appliances, called LG Objet, on Nov. 1 in Seoul. Objet, meaning an object with artistic worth or curiosity in French, consists of an audio system, a TV fitted with a hidden cabinet, a mini-refrigerator that can be used as a wi...
[THE INVESTOR] LG Electronics said on Oct. 31 it has applied what it calls the robotic process automation to daily office work, seeking to save employee’s time on simple tasks, such as organizing data. The tech giant said it already uses the technology in 120 tasks from different divisions, i...
[THE INVESTOR] LG Electronics said on Oct. 29 that overseas consumer electronics guides have praised its OLED TVs, claiming such assessments prove that its products are well regarded in the global market. What Hi-Fi?, a tech review magazine based in Britain, named the 55-inch and 65-inch versi...
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