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Tag: lg

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 Asia13/02/2019
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Living

LG U+ expected to acquire CJ Hello this week

4min0
LG U+’s plan to acquire cable TV company CJ Hello could be finalized as early as this week. Progress with the deal has been slow since Korea’s smallest mobile carrier first began considering the acquisition early last year. Industry sources said Monday that the deal is mostly finalized and, with a board meeting scheduled on […]
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Retail Asia01/02/2019
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Living

LG and Naver agree to work together on guide robot

2min0
LG Electronics and portal operator Naver Wednesday agreed to jointly develop an advanced guidance robot based on the high-tech mobility platform. LG Electronics and Naver’s R&D subsidiary signed a memorandum of understanding (MOU) to collaborate on research and development of robot technology, expanding on their discussions made during the recent Consumer Electronics Show (CES) in […]
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Retail Asia15/01/2019
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Electronics

LG teams up with Google to develop VR offerings

4min0
LG U+ is partnering with Google to produce three-dimensional (3-D) virtual reality (VR) video, the company said Friday. Ha Hyun-hwoi, CEO of the mobile carrier, said augmented reality (AR) and virtual reality offerings demonstrate to customers the potential of next-generation 5G networks. He made the comments during a press briefing Wednesday at the Consumer Electronics Show […]
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Retail Asia14/01/2019
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Electronics

LG and Naver are teaming up to make robots better

2min0
LG Electronics and Naver are cooperating on the development of robotic capabilities. Their first project will use Naver’s mapping and navigation technology to improve the functionality of LG’s CLOi GuideBot. LG’s guiding robot is currently in operation at Incheon International Airport. It escorts travelers to certain destinations within the facility. Naver Labs, the research and […]
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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 Asia09/01/2019
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Electronics

Wavy waterfall by LG

1min0
Models showcase LG Electronics’ 260 flexible OLED signage displays put together to form a waterfall at the company’s Consumer Electronics Show 2019 exhibition entrance in Las Vegas on Monday. The annual event, which will host over 4,000 companies this year, began yesterday.
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Retail Asia28/12/2018
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Fashion

LG Household’s History of Whoo makes history

4min0
LG Household & Health Care’s skin care brand The History of Whoo generated 2 trillion won ($1.79 billion) in sales this year as of Thursday. This is the first time a Korean beauty brand has reached that threshold. The 2018 record is also a 40.8 percent increase from last year’s annual sales. “For us, the […]
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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 Asia13/12/2018
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Telecom

Huawei’s woes in U.S. give pause to Korea, too

6min0
The arrest of Huawei’s Chief Financial Officer Meng Wanzhou in Canada has triggered alarms in the Korean telecommunications industry, especially after LG U+ moved onto a fifth-generation (5G) network this month that uses Huawei network devices. The Chinese telecommunications giant has maintained a sizeable influence since it first entered the Korean market in 2002. While […]
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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 Asia12/11/2018
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Telecom

Korea’s KT skips Huawei for 5G

4min0
KT has chosen Samsung Electronics, Ericsson and Nokia as suppliers of 5G network equipment. As expected, Huawei was excluded from the list.  “In choosing 5G equipment providers, the company considered a wide range of factors: the level of technology, investment costs and management stability based on the compatibility with the existing LTE network,” KT said […]
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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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