lg

Don't Miss:

26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia06/12/2022

South Korean electronics giant LG will invest US$4 billion in Vietnam as it seeks to make the country a future smartphone manufacturing hub. Its chief operating officer Kwon Bong-seok made this commitment at a meeting with visiting Vietnamese President Nguyen Xuan Phuc Monday. LG has invested $5.3 billion in Vietnam since 1995 in sectors such […]

CONTINUE READING

Retail Asia09/02/2022

Battery maker LG Energy Solution Ltd (LGES) said on Tuesday it aims to boost sales by about 8% in 2022, forecasting a pick-up in demand for electric vehicle (EV) batteries as a global chip shortage eases later this year. The newly listed South Korean firm, which accounts for a fifth of the global EV battery […]

CONTINUE READING

Retail Asia06/10/2021

The South Korean battery giants powering many of the world’s electric vehicles face a skills shortage that could drag on the global race towards zero-emissions transport. The country’s three major players, which command a third of the global electric vehicle (EV) battery market, told Reuters they were all grappling with a shortage of research and […]

CONTINUE READING

Retail Asia13/09/2021

Two Korean technology giants are seeking to hire thousands of people in Vietnam, including workers, engineers and IT staff. In September, Samsung announced it is looking to hire 1,000 production staff for its Bac Ninh factory. A month earlier it said it wanted to recruit 3,000 workers for its Thai Nguyen plant. The company plans […]

CONTINUE READING

Retail Asia22/04/2021

South Korean tech giant LG Electronics plans to use its smartphone production line in Hai Phong to make home appliances instead. The company has taken this decision after deciding to withdraw from the smartphone market and failing to find buyers for its production line in the northern port city. The Yonhap news agency reported Tuesday that the […]

CONTINUE READING

Retail Asia07/04/2021

South Korea’s LG Electronics Inc will wind down its loss-making mobile division after failing to find a buyer, a move that is set to make it the first major smartphone brand to completely withdraw from the market. Its decision to pull out will leave its 10% share in North America, where it is the No. […]

CONTINUE READING

Retail Asia16/03/2021

Nokia has today announced that it will conduct a 5G Business-to-Business (B2B) digital platform trial for LG Uplus. Once deployed, the platform will allow LG Uplus to reduce time-to-market for launching 5G-powered services to its enterprise and business vertical customers. The platform will also enable LG Uplus to address new business segments, including Industry 4.0, […]

CONTINUE READING

Retail Asia16/02/2021

LG Display will invest an additional $725 million in its manufacturing facility in the northern port city of Hai Phong to take its total investment to $3.25 billion. The money will be used to expand the factory starting in March. Manufacturing will begin in May. It will create 5,000 new jobs, and contribute around $5 […]

CONTINUE READING

Retail Asia22/01/2021

A new report from Korea’s The Elec says that LG Display will no longer be supplying LCD panels to Apple for the low-priced iPhone SE model. The company will continue to sell a small amount of OLED to Apple for the Apple iPhone 12 series. The factories that LG Display used to manufacture LCD for Apple will now make in-vehicle displays. […]

CONTINUE READING

Retail Asia04/11/2020

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 […]

CONTINUE READING

Retail Asia16/10/2020

South Korean telecom giant LG Uplus Corp. said Thursday it opened a seven-story product showroom in southern Seoul by partnering with local popular establishments as part of its broader efforts to capture young customers. The seven-story building, including its underground floor, in the posh southern district of Gangnam houses a cafe, a bookstore and a […]

CONTINUE READING

Retail Asia01/09/2020

Back in 2014-2015, Japan Display (JDI) was considered to be Apple’s major smartphone display supplier. At that time, the iPhone 6 and the iPhone 6 Plus were bringing larger-sized LCD screens to iPhone users. The original 3.5-inch display found on the first iPhone models rose to 4-inches with the iPhone 5 and to 4.7-inches on the iPhone 6. The iPhone 6 Plus carries a […]

CONTINUE READING

Retail Asia10/02/2020

An LG robotic waiter has made its debut at a local restaurant in Seoul. The LG CLOi ServeBot comes with indoor autonomous driving technology and an obstacle avoidance system so it doesn’t crash into furniture, customers or colleagues. The robot is capable of delivering food to the table where customers are seated as well as […]

CONTINUE READING

Retail Asia15/01/2020

Video commerce firm TheTake has partnered with smart TV manufacturer LG Electronics and a range of media companies to allow viewers to “shop shows” for fashion, accessories, homeware, tech devices and even menu and recipe items. Beginning this spring, owners of LG’s webOS Smart TVs will be able to purchase hundreds of different products identified […]

CONTINUE READING

Retail Asia09/08/2019

Two months after Samsung announced that many of its smart TVs are getting AirPlay 2 support, LG made the same move. If you own one of the newest LG smart TVs, you’ll be happy to know that AirPlay 2 support is now available for you. Alongside AirPlay 2, LG announced that HomeKit is now supported on its […]

CONTINUE READING

Retail Asia06/08/2019

LG is being fast-tracked to become Apple’s second OLED display supplier for the iPhone XII models in 2020, breaking Samsung’s current monopoly. The E6 line in its Korean factory has reportedly been cleared for operation, and Apple hoped to get whatever quality yield LG can muster. Those would increase the average selling price of LG’s displays by […]

CONTINUE READING

Retail Asia15/05/2019

LG Household & Health Care has acquired Avon North America in a US$125 million deal with an affiliate of Cerberus Capital Management. LG H&H holds a strong market position in South Korea’s consumer goods industry, one of the world’s largest beauty markets, with more than $13.1 billion in sales last year. It currently distributes a […]

CONTINUE READING

Retail Asia13/05/2019

LG’s smartphone business has been struggling for quite some time, but the company is still hopeful of turning a profit. At this point, a sudden uptake in smartphone sales seems unlikely so LG has recently focused on cost-cutting measures, one of which seems to be suspending smartphone production in its home country. LG is planning […]

CONTINUE READING

Retail Asia17/04/2019

It’s a little premature to make anything more than educated guesses regarding the key selling points and major new features of an Apple Watch Series 5 expected out sometime in the fall. But it’s certainly not too early for the manufacturer of the world’s most popular smartwatch family to line up its component suppliers and lay out some general production […]

CONTINUE READING

Retail Asia04/04/2019

We shudder to think how expensive a screen replacement is going to get once manufacturers stuff everything they are intent on stuffing in there. In the last few years alone they fused the touch layer into the display itself, increased the resolutions, moved to the more expensive OLED variety, started bending, folding or piercing them to […]

CONTINUE READING

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CALL US ANYTIME

Most read

Retail updates

Stay up to date of the lates updates and retail news from Asia.

X