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The Korea Herald

LG

January 13, 2019
LG Electronics sweeps 132 awards at 2019 CES

[THE INVESTOR] LG Electronics Inc., one of the leading home appliance manufacturers in the world, said Sunday that it received a total of 132 awards at this year‘s Consumer Electronics Show (CES) in Las Vegas. It said that its products received the much coveted CES top innovation title annou...
January 10, 2019
[CES 2019] LG chief puts greater focus on robotics

[THE INVESTOR] LAS VEGAS -- LG Electronics is striving to push its robotics business with the goal of reaching break-even point in two years, a top executive said on Jan. 9. The Korean tech giant is preparing to debut new robots with different functions and some of them will be released soon d...
January 08, 2019
LG’s operating profit dips 79.5% in Q4

[THE INVESTOR] Korean home appliance maker LG Electronics said Jan. 8 that its fourth-quarter operating profit plunged 79.5 percent compared with a year earlier, far below market estimates. The company’s operating profit reached 75.3 billion won (US$67 million) in the October-December period,...
January 08, 2019
[CES 2019] LG rolls out world’s first rollable OLED TV

[THE INVESTOR] LAS VEGAS -- LG Electronics unveiled the world’s first rollable OLED TV, with plans to commercialize it in the second half of the year, ahead of the Consumer Electronics Show 2019 on Jan. 7. The Korean tech giant showcased its flexible 65-inch LG Signature OLED TV R with the sc...
January 06, 2019
CES 2019 to showcase advanced AI power in consumer electronics with 5G

[THE INVESTOR] LAS VEGAS -- Kicking off on Jan. 1 in Las Vegas, the world’s biggest information technology tradeshow, Consumer Electronics Show 2019, is to showcase significant advancements in consumer electronics technologies led by “smarter” artificial intelligence that will be supported by a...
January 06, 2019
LG Electronics to launch budget Q9 this week

[THE INVESTOR] LG Electronics said on Jan. 6 it will release its Q9 smartphone, featuring key elements from flagship models such as an AI camera and the LG Pay mobile payment system, this week. The 6.1-inch LG Q9 comes with 16-megapixel main camera and an 8-megapixel front camera. Its battery cap...
December 27, 2018
LG to unveil new AI sound bars at CES 2019

[THE INVESTOR] LG Electronics announced on Dec. 27 that it will launch a new sound bar lineup that delivers superior sound quality with AI functions at CES 2019, the world’s biggest electronics exhibition, in Las Vegas next month. The SL9 sound bar that has received an award for innovation from...
December 27, 2018
LG unveils exoskeleton work suit for physical labor

[THE INVESTOR] LG Electronics on Dec. 27 unveiled a new exoskeleton work suit that can help physical laborers by supporting their backs, enabling them to work with less effort as well as preventing injuries. The Korean tech giant claimed the new LG CLOi SuitBot, which is worn around the waist,...
December 13, 2018
LG unveils ESS for small solar plants

[THE INVESTOR] LG Electronics on Dec. 13 unveiled a new energy storage system designed especially for solar power plants with smaller capacities. LG said it will release what it calls the all-in-one ESS for 100 kilowatt solar power plants. The comprehensive package brings together power condit...
December 07, 2018
LG OLED TV named best of 2018

[THE INVESTOR] LG Electronics’ 65-inch OLED TV was named the best OLED TV of 2018, US industry tracker Consumer Reports said on Dec. 7. According to the research conducted by Consumer Reports, LG’s 65-inch TV with a model number of OLED65B8PUA received the top mark among OLED TVs in terms of...
December 06, 2018
LG Display raises 20b yuan in syndicated loans

[THE INVESTOR] LG Display said on Dec. 6 it has raised 20 billion yuan (US$2.91 billion) in syndicated loans with Chinese banks to finance its local affiliate, LG Display High-Tech. The display maker said the deal was reached with China Construction Bank, the Bank of Communication, the Agricul...
November 30, 2018
LG monitors named best of 2018

[THE INVESTOR] Korean tech giant LG Electronics’ products were named among the best 4K monitors of 2018, a report released by Forbes and Rtings.com showed on Nov. 30. According to the report, LG took up four of the top five best 4K monitors of 2018. “It is a very good 4K monitor for most...
November 28, 2018
LG opens new robot, self-driving centers

[THE INVESTOR] LG Electronics said on Nov. 28 it has opened two new organizations under the direct control of its CEO that will focus on bolstering its robot and self-driving solution businesses. The two were created as part of a regular reshuffle which promoted 56 executives. LG said it decid...
November 26, 2018
LG Innotek develops ultra-slim lighting module

[THE INVESTOR] LG Innotek, an electronics parts maker under LG Group, on Nov. 26y showcased an ultra-slim vehicle lighting module, Nexlide-L, paving the way for carmakers to develop automobiles with unique designs. Nexlide is the brand name for LG Innotek’s automotive LED lighting. LG said t...
November 22, 2018
LG, Samsung gear up for year-end restructuring, reshuffle

[THE INVESTOR] With less than two months left for the New Year, Korea’s large conglomerates, including LG Group and Samsung Group, are preparing to carry out their annual organizational restructuring and reshuffle of top executives. LG will likely start off by announcing some changes in its busi...

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