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LG U+, a South Korean telecommunications firm, said on August 11 that the company has commercialized the world‘s first 5G-based augmented reality glass solutions. The wearable device named LG U+ Real Glass is supported by smart glasses provided by mixed-reality product developer Nreal and chipm...
LG Group’s major affiliates LG Electronics and LG Display are unlikely to proceed with the first leg of the semiannual recruitment process in the first half of 2020. As of June 5, the two companies have yet to give notice of any hiring plans. Considering the numerous steps that large conglome...
LG Chem, a leading lithium-ion battery supplier, seems unlikely to push ahead with plans to spin off its battery business this year, a news report suggested on March 9. The report said the company’s task force team responsible for the battery spinoff had concluded last week that it would not be...
LG Electronics said Dec. 10 it has launched its flagship OLED 8K TV in Japan to target consumers ahead of the 2020 Tokyo Summer Olympics. The South Korean tech giant said the LG Signature OLED 88Z9 is available at major electronics retailers in Japan. The 88Z9 boasts 8K resolution with 88 inch...
LG International said Dec. 9 that its joint venture with Oman Oil has been listed on the Omani stock market. Musandam Power debuted on the Muscat Securities Market last week. LG International said it retains an 18 percent stake in Musandam Power after selling a 12 percent stake worth $6.9 m...
The recent announcement for a joint venture between South Korean battery maker LG Chem and US carmaker General Motors has upped the ante in the global competition to secure lithium-ion batteries for electric vehicles, according to industry sources on Dec.8. The 2.7 trillion won ($2.3 billion) join...
South Korean tech giant LG Electronics on Dec. 5 released its upgraded 17-inch laptop that boasts better performance and portability. The 2020 version of the LG Gram 17 is 0.3 centimeter shorter than its previous version, with an improved hinge design, according to the company. The laptop will ...
LG Electronics said Dec. 3 it has supplied solar modules for a rooftop solar panel project in Australia’s largest logistics center. The Korean tech giant said it has provided 7,500 solar modules to Moorebank Logistics Park in Sydney to power the warehouse. The modules were installed on the...
LG Uplus said Nov. 21 it has signed an exclusive deal with mixed reality display developer Nreal to launch augmented reality glasses in South Korea in early 2020. The Korean telecom operator unveiled Nreal Light AR glasses by the Beijing-based startup to show off its AR applications on LG Elect...
LG Electronics has filed a lawsuit with two German courts against China’s phone manufacturer TCL over patent infringement, the South Korean tech giant said Nov. 10. In the suits filed with the district courts in Mannheim and Düsseldorf, LG claimed the Chinese vendor infringed three standard pat...
Australia-based private equity fund Macquarie has been chosen as the preferred bidder to acquire a 35 percent stake in LG CNS, LG Group’s holding company said Nov. 6. LG Corp. didn’t reveal the bidding price from Macquarie, but industry observers estimate the deal could be worth around 1 tril...
LG Electronics said on Nov. 5 that it has filed a patent lawsuit against Hisense, a Chinese electronics maker, in the US for breaching its TV patents. The South Korean tech giant said the Chinese firm has infringed on four types of its TV patents, including a solution to improve user interface, an...
LG Electronics and US chipmaker Qualcomm said Oct. 30 they are joining hands to develop an in-vehicle infotainment platform for connected cars. The companies have signed a strategic partnership to develop the automotive platform, which combines entertainment and information delivery for both dr...
LG Electronics said Sept. 26 it will launch its latest flagship smartphone, the V50S, in South Korea on Oct. 11. The second dual-screen phone V50S will be released as a 5G model in the domestic market for 1.12 million won ($991) via the nation’s three mobile carriers and online shopping malls....
LG Display is considering shutting down its E2 OLED display factory in Paju, Gyeonggi Province in the face of widening losses, according to news reports on Sept. 20. The South Korean display manufacturer rolls out 4.5th generation flexible OLED displays, measuring 730 millimeters by 920 millimete...
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