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LG brings Xbox app cloud gaming to its smart TVs with new Gaming Portal

LG's new Gaming Portal brings native Xbox cloud gaming to 2021-2025 LG smart TVs in India, letting users stream Game Pass titles without a console

South Korean conglomerates pledge $550 billion domestic investment

Hyundai Motor Group pledged 125.2 trillion won over the same period

Ola Electric blames foreign rival for attacking its indigenous battery tech

Ola Electric on Sunday alleged that fear of losing market opportunities prompted foreign rival to attack its indigenous battery innovation of '4680 Bharat Cell', refuting reports of stealing technology from South Korea's LG Energy Solution. Reports from South Korea alleged that an unnamed former LG Energy Solution executive attempted to pass on pouch cell technology IPs to Ola Electric. An LG Energy Solution official was also quoted as confirming that the company had identified the situation early and alerted the country's authorities immediately. Terming the report as "misleading and completely baseless", Ola Electric said, "The old and dated pouch cell technology, which the report claims was leaked, is not even an area of research or commercial interest for Ola Electric. Our 4680 Bharat Cell is based on the most advanced dry electrode technology in a cylindrical form factor and surpasses the pouch cell touted in media leaks." Questioning the timing of the reports, at a time when .

LG Electronics' profit surges 46% to ₹2,203 cr in FY25, revenue up 14%

LG Electronics India's profit surged 45.8 per cent to Rs 2,203.35 crore in FY25, and its revenue from operations was up 14.1 per cent to Rs 24,366.64 crore, according to the latest RoC filing by the appliances and consumer electronics major. The company, which is in the listing process on exchanges, reported a post-tax profit of Rs 1,511.07 crore and revenue from operations of Rs 21,352 crore for the financial year ended March 31, 2024. LG Electronics India (LGEI)'s total income in FY25, including other income, rose 14.25 per cent to Rs 24,630.63 crore, according to the financial data accessed by the business intelligence platform Tofler. The company's pre-tax profit rose 45.5 per cent in FY25. The South Korea-based parent entity LG Electronics is selling a 15 per cent stake through Offer for Sale (OFS) in LGEI's Initial Public Offering (IPO). LGEI's Advertising promotional expenses increased 7.27 per cent to Rs 1,009.12 crore in FY25, from Rs 940.71 crore in FY24. The total tax

South Korea's LG Energy used visa workarounds for staff before US crackdown

Over 300 Koreans, including 250 LG staff and contractors, were detained at LG's car battery venture with Hyundai Motor, in the US Department of Homeland Security's biggest immigration raid ever

LG launches 97-inch OLED Evo G5 Ultra-Large smart TV at Rs 24 lakh: Details

The most premium offering from LG's 2025 OLED Evo lineup will set you back by approximately Rs 25 lakh. It brings a range of AI features and is powered by Alpha AI Processor Gen2

SC allows Delhi govt to withdraw AAP-era cases against Centre, LG

The Supreme Court permits Rekha Gupta-led Delhi government to withdraw multiple petitions filed by previous AAP administration against Centre, LG over control of services and governance issues

LG smart TVs get Xbox app in beta for gaming without console: Details here

The Xbox app in beta is available on 2022 LG OLED TVs and 2023 OLED, QNED, NanoCell and UHD TVs - updated to software version 23.20.01 or higher

LG, Samsung join legal fight against India's e-waste pricing policy

Research firm Redseer said India's recycling rates were still low compared with the U.S., where they are up to five times higher, and China, where they at least 1.5 times higher

LG launches 4K UHD Smart Monitor line-up in India: Check price and details

Starting at Rs 32,000, the 2025 LG 4K UHD smart monitors support 90 per cent DCI-P3 colour range and HDR10 visuals

LG's India IPO may see lower valuation of $10.5-11.5 bn amid market decline

While the valuation figure is potentially lower, LG Electronics India might raise as much as $1.7 billion in the IPO, which is more than originally anticipated

LG Corp Chairman Koo visits India ahead of local subsidiary's IPO

LG Corporation Chairman and CEO Kwang Mo Koo is on a two-day visit to India ahead of the proposed initial public offering of its Indian unit, according to industry insiders. Koo is meeting with the senior leadership of LG Electronics India, including its Managing Director, to review the performance and take stock of the preparations for the local subsidiary's upcoming IPO, they added. He is also expected to discuss investment proposals for the Indian market, one of the largest markets for the South Korean Chaebol. It is unclear whether he is scheduled to meet with any top policymakers here. He is likely to visit the Greater Noida plant of LG Electronics India. An e-mail sent to LG Electronics India remained unanswered. Last week, LG Electronics started roadshows for the upcoming initial public offering of its Indian units, where the South Korean chaebol will sell over 10.18 crore shares amounting to a 15 per cent stake, which, according to some reports, may raise up to USD 1.5 ..

After GM backs out, Toyota aids LG battery plant with $1.5 billion order

GM said in December it would sell its $1 billion stake in the Lansing, Michigan, plant, leaving LG scrambling to find new customers

LG launches premium soundbars with 3D spatial audio: Check price, details

Starting at Rs 69,990, new premium LG soundbars are available on the company's official website, select online platforms and offline retailers

CES 2025: LG brings OLED evo TVs with built-in AI, new lifestyle projectors

LG has unveiled a new concept model with a floor lamp-inspired design that combines a projector with a Bluetooth speaker and LED mood lamp

Tech wrap Jan 2: LG Gram laptops, Samsung Good Lock, Realme 14 Pro series

LG Gram laptops launching at CES 2025. Samsung Good Lock coming to Play Store with One UI 7. Realme 14 Pro series camera. POCO X7 series. Vivo T3x 5G price cut

Jammu University secures A++ grade in NAAC, LG praises management

University of Jammu has achieved a milestone by securing the coveted A++ grade in the National Assessment and Accreditation Council (NAAC) accreditation, attaining an impressive cumulative grade point average (CGPA) of 3.72 on a four-point scale, officials said. Lieutenant Governor Manoj Sinha has extended his heartfelt congratulations to the vice-chancellor, faculty, staff, scholars, and students of the university for this remarkable achievement. "This is a significant improvement from the last accreditation cycle (Cycle III), where the university secured an A+ grade with a CGPA of 3.51. It reflects the institution's dedication to quality sustenance and enhancement," Vice-Chancellor Umesh Rai said, expressing immense pride in the accomplishment. Attributing the success to the collective efforts of the university community, Rai said, "The A++ grade is a testament to the unwavering commitment of our faculty, officers, staff, scholars, students, and alumni. It embodies our shared visi

LG mulls raising India unit valuation to $15 bn from $13 bn ahead of IPO

The company is planning to start a formal roadshow for LG Electronics India Pvt's IPO within the next two months and is targeting a listing in the first half of 2025

Tech recap 2024: Monitors to cameras, check top 5 creator-focused gadgets

From laptops to action cameras, here are five creator-focused gadgets designed to enhance productivity and creativity, reviewed in 2024

LG launches three new XBOOM Series speakers in India: Check price, details

The lineup includes the LG XBOOM XG2T party speaker, the compact GO XG2T, and the XBOOM XO2T with 360-degree sound