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Tag: LG electronics

Retail Asia04/11/2020
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Fashion

LG Electronics starts eco-friendly clothing line with Net-A-Porter

1min0
LG Electronics has unveiled an eco-friendly clothing line in collaboration with British online fashion retailer Net-A-Porter as the South Korean tech giant pushes marketing for its clothing-care appliances. The appliance maker said it joined with the premium online fashion marketplace to launch a limited-edition range named LG X Net-A-Porter Sustainable Collection. The two partners cooperated […]
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Retail Asia19/02/2019
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Electronics

LG Electronics to debut dual display phones

5min0
LG Electronics’ major release of the year will be dual display smartphones, which the company hopes will recover its reputation as consumers flock to next-generation 5G smartphones. “There were internal discussions on releasing foldable phones at the same time but we concluded not to apply the form to early 5G models,” said LG Electronics President […]
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Retail Asia11/01/2019
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Automotive

LG to utilize Azure for autonomous systems

4min0
LG Electronics will be utilizing a Microsoft product in the development of autonomous vehicle systems, LG said Wednesday. Under the agreement between the two companies, LG has gained access to Microsoft’s Azure cloud-computing platform for its self-driving car systems. Apart from storing vast amounts of data, the Azure platform also offers immense computing power for data-based […]
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Retail Asia10/01/2019
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Electronics

LG profit plunges, missing forecasts by a mile

2min0
LG Electronics’ operating profit fell nearly 80 percent in the fourth-quarter of 2018 year-on-year, according to preliminary figures disclosed in a Financial Supervisory Service regulatory filing Tuesday.  The smartphone and household appliances manufacturer estimated 75.3 billion won ($67.0 million) in operating profit for the final quarter of last year compared to 366.8 billion won in […]
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Retail Asia10/01/2019
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Electronics

LG unveils TV that rolls up for storage

4min0
LG Electronics unveiled the world’s first “rollable” television at the Consumer Electronics Show (CES) 2019 that launched in Las Vegas, United States, on Tuesday. Last year, its affiliate LG Display unveiled a prototype of a 65-inch rollable OLED display panel at the same event. Dubbed the LG Signature OLED TV R9, it uses the same technology, […]
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Retail Asia20/12/2018
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Electronics

LG sets up lab to conduct appliance technology research

3min0
LG has established a new research laboratory committed to advances in fridge, oven and other home-appliance technologies. LG Electronics opened the 6,760-square-foot Food Research Institute on Monday at Changwon, South Gyeongsang. At the center, researchers will develop technologies that can be applied to the company’s home appliances, such as refrigerators, kimchi and other specialty food fridges, […]
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Retail Asia03/12/2018
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General

LG Electronics supports Ethiopian entrepreneurs

2min0
LG Electronics announced on Thursday that it has opened an entrepreneurship center for young people at an existing technical and vocational education center run jointly by LG and the Korea International Cooperation Agency (Koica) in Addis Ababa, Ethiopia. The existing job training center, the LG-Koica Hope TVET (Technical and Vocational Education and Training) College, was […]
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Retail Asia07/11/2018
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Electronics

LG, E-mart develops smart-cart robot

2min0
LG Electronics has signed an agreement with E-mart to develop a new type of service robot that can assist shoppers at its South Korean supermarkets. Under the agreement, the two companies will develop what they call a smart-cart robot that can automatically identify obstacles and follow shoppers as they walk through aisles. LG said the […]
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Retail Asia05/11/2018
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Electronics

LG Electronics launches new design

4min0
LG Electronics has introduced a premium brand that combines furniture design with home electronics. The company rolled out four products under the LG Objet name at a press conference held Thursday in Gangnam District, southern Seoul: a mini refrigerator, an air purifier, a speaker and a television. “The thing about home electronics is that they are […]
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Retail Asia29/10/2018
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Electronics

LG Electronics starts venture to make in-cabin electronics

1min0
LG Electronics said Thursday it will establish a joint venture with Germany’s Lufthansa Technik, which will be devoted to developing in-cabin electronics systems. The new venture, whose name has not yet been decided, will focus on developing in-cabin solutions utilizing LG Electronics’ technologies, including its OLED displays. Lufthansa Technik is a subsidiary of Deutsche Lufthansa […]
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Retail Asia26/10/2018
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Electronics

Fair to screen startup hosted by LG

3min0
Technology-related subsidiaries of LG hosted a fair on Monday in which 20 local start-ups presented their cutting-edge developments in areas such as autopilot technologies, artificial intelligence and big data. The small firms are seeking partnerships with and support from the fourth-largest conglomerate in Korea. LG picked the start-ups jointly with the Korea International Trade Association (KITA), […]
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Retail Asia23/10/2018
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Startups

LG hosts fair to identify promising start-ups

3min0
Technology-related subsidiaries of LG hosted a fair on Monday in which 20 local start-ups presented their cutting-edge developments in areas such as autopilot technologies, artificial intelligence and big data. The small firms are seeking partnerships with and support from the fourth-largest conglomerate in Korea. LG picked the start-ups jointly with the Korea International Trade Association (KITA), […]
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Retail Asia19/03/2018
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Electronics

LG opens first premium brand shop in Kuwait

1min0
LG Electronics has opened a premium home appliance store in Kuwait to retail its upmarket  Signature range of products. The two-storey store, located in Rozana Mall, features 433sqm of display space showcasing high-resolution televisions, and household appliances such as washing machines and refrigerators. LG Electronics has a growing commitment to the Middle Eastern market where […]
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Retail Asia25/08/2015
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Electronics

LG Electronics opens Middle East stores

2min
South Korea’s LG Electronics is making a strong push into the Middle East, opening premium brand shops in the area. The company is deliberately positioning its brand at the higher end of the market to differentiate it from lower cost brands. LG says it has opened a premium brand shop in Jordan on Mecca Street, […]
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Retail Asia06/08/2015
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Electronics

Cellphone makers switch to budget handsets after law change

3min
South Korea’s mobile phone makers are breaking away from their premium-oriented smartphone lineups to churn out cheaper phones as consumers are more price-conscious due to tougher subsidy rules, industry watchers said Wednesday. Samsung Electronics Co. recently rolled out its latest mid-end phone, the Galaxy A8, at an about 20 percent discounted price compared with the […]
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