Page 6 - Latest Updates on LG Electronics
LG Electronics Q4 profit collapses on slumping demand, rising cost
But LG's electric vehicle (EV) parts business made a turnaround 10 years after it entered the market
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LG invests Rs 200 cr at Pune facility; starts local mfg of refrigerators
LG Electronics India has invested around Rs 200 crore at its Ranjangaon, Pune-based facility to set up a new line for manufacturing the premium range of side-by-side refrigerators
LG Electronics December-quarter operating profit down 91.2% y-o-y
Revenue increased 5.2 percent on-year to 21.85 trillion won, marking a quarterly high, according to the earnings guidance released by the company
CES 2023: LG Signature OLED M3 TV with 'Zero Connect Technology' unveiled
The LG Signature OLED M3 TV comes with a separate 'Zero Connect box', which is a wireless solution capable of real-time video and audio transmission at up to 4K resolution at 120Hz refresh rate
 "CES 2023: LG Signature OLED M3 TV with 'Zero Connect Technology' unveiled")
LG Electronics announces appointment Hong Ju Jeon as MD for India business
South Korean consumer electronics major LG on Wednesday announced the appointment of Hong Ju Jeon as the Managing Director of its India business
LG Innotek to reveal new camera module at 'Consumer Electronics Show 2023'
Digital zoom magnifies the size of the image to have serious quality degradation, whereas the optical zoom camera moves the lens directly to zoom the subject which maintains high image quality
 "LG Innotek to reveal new camera module at 'Consumer Electronics Show 2023'")
LG Electronics India FY22 PAT falls 23% to Rs 1,175 cr; total income up 10%
LG Electronics India's profit after tax for FY22 declined 23.17 per cent to Rs 1,174.7 crore, according to financial data accessed by the business intelligence platform Tofler
After Android certificate leak, Samsung, LG phones at malware attacks risk
Samsung and LG phones are reportedly at risk of malware attacks because of a leaked Android certificate.
 "After Android certificate leak, Samsung, LG phones at malware attacks risk")
LG develops 'Invisible' Thin Actuator Sound Solution for automobiles
LG Display has announced that it has developed the "Thin Actuator Sound Solution", a new sound technology for automobiles.
 "LG develops 'Invisible' Thin Actuator Sound Solution for automobiles")
Apple to use LG-supplied OLED screens for iPhone 14 Pro, iPhone 14 Pro Max
For the past two years, Samsung Display has supplied its LTPO OLED to Apple for use in mobile devices
 "Apple to use LG-supplied OLED screens for iPhone 14 Pro, iPhone 14 Pro Max")
LG unveils 32-inch 4K Smart Monitor with AirPlay 2 support, built-in webOS
The new monitor comes in a white finish instead of the usual black plastic bezels. Its 32-inch 4K panel is supported by a pair of HDMI ports as well as single USB-A input and Gigabit Ethernet
LG Electronics unveils world's largest 97-inch OLED TV at US trade show
LG Electronics said it has showcased the world's largest organic light-emitting diode (OLED) TV at the latest trade show in the US in a bid to target the premium TV market in North America
 "LG Electronics unveils world's largest 97-inch OLED TV at US trade show")
LG launches wearable air purifier to ensure clean air for the user
The Puricare wearable air purifier's face guard uses medical grade silicon that has been thoroughly checked for safety
New LG platform Art Lab lets users buy, sell NFTs through its premium TVs
LG Electronics on Monday launched its very own non-fungible token (NFT) platform called LG Art Lab compatible with its premium TVs
LG Electronics posts 12% drop in profit on weaker demand in 2nd qtr
LG Electronics said its second-quarter operating profit decreased 12 per cent (on-year) amid rampant inflation that hurt consumer demand for TVs and other home appliances
Adani, LG among 15 firms chosen by DPIIT for round-2 of white goods PLI
Rs 1,368 cr committed for manufacturing ACs and LED light components; Total production pegged at Rs 25,583 crore over five years, with 4,000 direct job opportunities
 "Adani, LG among 15 firms chosen by DPIIT for round-2 of white goods PLI")
LG TONE Free FP9 wireless earbuds review: Good for most part, but expensive
Successor to the LG TONE Free FN7, the TONE Free FP9 bring incremental but meaningful upgrades with regard to design, acoustics, connectivity, features, and battery life
 "LG TONE Free FP9 wireless earbuds review: Good for most part, but expensive")
19 firms file applications under PLI scheme for white goods in 2nd round
The ministry said that among the 19 applicants, eight are for AC components and 11 for LED Lights
 "19 firms file applications under PLI scheme for white goods in 2nd round")
Buying a fridge? Pick one snazzy on looks that keeps your food fresh longer
Refrigerators today come in a wide range of finishes, sizes and tech features. See what works best for your family, kitchen space and budget
 "Buying a fridge? Pick one snazzy on looks that keeps your food fresh longer")
LG forecast to see record sales in Q4 on strong home appliance biz
LG Electronics has estimated that its fourth-quarter sales reached a record quarterly high, apparently backed by its strong home appliance business, but the operating profit is likely to sink
