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[ETNEWS] Display maker LG Display has temporarily halted the operation of the E6-1 manufacturing line in Paju, Gyeonggi Province, due to technical glitches, according to sources on June 3. The E6-1 is one of the company’s manufacturing facilities anticipated to roll out OLED displays for US te...
LG Uplus said on May 31 it will invest 10 billion won ($8.4 million) to create a wide range of augmented reality content based on its 5G network to attract more premium service users. As 5G networks can handle heavy data volume with little latency, the telecom operator has focused on creating augm...
South Korean tech giant LG Electronics said on May 30 that it has completed constructing a new washing machine plant in Tennessee, US, after investing $360 million over the last 15 months. Politicians from both the US and Korea along with LG executives who attended the ribbon-cutting ceremony includ...
South Korea’s antitrust regulator said on May 28 it has fined major home appliance maker LG Electronics 50 million won ($42,000) for false advertising for containers in its refrigerators. The Fair Trade Commission said it claimed in catalogues and on its website from June 2011 to June 2016 th...
[ET NEWS] “LG Display’s own foldable display technology is mature enough for commercialization, and it is now up to device makers to adopt the tech and grow the market in earnest,” said CTO Kang In-byeong at the SID Display Week 2019.Speaking at one of the world’s largest display conferences May...
LG Electronics said on May 16 it has developed an artificial intelligence chip applicable in various household appliances to offer customized services for users. The tech giant said its AI chip is equipped with neural engine processing cores customized to run deep learning algorithms. LG said the ...
LG Electronics said on May 15 it will launch its 8K OLED TV and rollable TV in South Korea in the latter half of the year to target the premium segment with improved displays and a new form factor. The Korean tech giant released its 4K OLED lineup in three sizes -- 55 inch, 65 inch and 77 inch -- w...
LG Electronics said May 8 it will release its first 5G smartphone, the V50 ThinQ, this week, after working for weeks to ensure its performance under the new network standard. The tech giant had initially planned to launch the V50 in South Korea in late April but pushed back the schedule to optimiz...
LG Electronics is expected to launch its first 5G smartphone, the V50 ThinQ, in South Korea next week after work to ensure its performance on the new network standard, industry sources said on May 3.The company had initially planned to launch the V50 in Korea in late April but pushed back the schedu...
LG Uplus said on May 2 its net profit increased 14.8 percent in the first quarter from a year earlier on the back of strong IPTV and internet business. The nation’s No. 3 mobile carrier said it posted a net profit of 133 billion won ($113.8 million) in the January-March period, compared with 119 b...
South Korean conglomerate LG Group said on April 11 it has been looking for investment opportunities in various fields to keep pace with fast-changing technology trends and find new growth drivers. LG Technology Ventures, its venture capital investment arm, has invested over $19 million in startups...
South Korean panel maker LG Display will accelerate its shift from the LCD to OLED business with a new production line in China and expects to get a boost from the country’s demand potential, a senior official said. LGD has been looking for ways to expand its OLED business in the global market am...
LG Uplus said on April 4 that it will launch two types of unlimited data plans for 5G smartphones, joining the cutthroat price competition to attract early adopters for the new service.South Korea’s No. 3 mobile carrier, which was the first to unveil its 5G mobile package on last week, offered the ...
LG Uplus on April 3 opened a 5G Innovation Lab for tech startups to facilitate collaboration in development of innovative content and services for the new telecommunication standard. The nation’s No. 3 carrier said the 5G Innovation Lab will offer a new network environment and service platform as...
LG Electronics’ revenue from its home appliance rental service jumped over the last two years, its business report showed on April 3, as more people opt for renting gadgets to save money on purchases, installations and maintenance. The electronics maker posted 292.4 billion won ($257.20) million) ...
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