Page 7 - Lg Electronics

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

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

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

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

Samsung Electronics to supply new advanced auto chip to Volkswagen

Demand is rising for "high-tech" automotive chips that can handle more entertainment consumption and increased electrical components in cars, Samsung said

LG Electronics to post solid Q3 earnings on home appliance biz: Analysts

LG Electronics Inc. is likely to report solid third-quarter earnings, analysts said as its mainstay home appliance business is expected to offset a slump from vehicle components and B2B units.

LG Electronics to expand cloud-based call centres amid Covid-19 pandemic

LG Electronics said on Tuesday it will expand cloud-based call centres to offer better customer care services and protect its workers from the novel coronavirus outbreak.

LG Electronics set to post strong Q2 earnings on home appliance biz

LG Electronics is likely to report strong second-quarter earnings, analysts said on Friday, as its mainstay home appliance business continued to rack up solid results

LG Electronics researcher to head alliance for 6G technology in US

LG Electronics said on Tuesday one of its senior researchers will head a working group in a North American mobile technology alliance for 6G technology development

LG Electronics unveils mobile app 'Soft V2X' for pedestrian safety

LG Electronics on Thursday unveiled a mobile application for pedestrian safety as the South Korean tech giant eyes to beef up its presence in the software sector

LG Electronics, Magna International JV gets EU nod, set for July launch

As a result, the official launch of the joint venture, which is scheduled to take place in July this year, is expected to happen smoothly

Global TV market share of Samsung Electronics, LG Electronics crosses 50%

In the first quarter of this year, Korean companies took up more than half of the global TV market and showed off their presence

LG Electronics to step up development of 6G network technology

LG Electronics on Tuesday said it has joined forces with two other partners to develop next-generation 6G network technology.

LG Electronics likely to shut mobile phone business, says report

LG may share its decision on the business' fate with employees as soon as early April, the DongA report said

LG wins mobile technology-related patent infringement suit against TCL

LG Electronics said on Tuesday that it has won a patent infringement suit against Chinese electronics giant TCL over mobile technology-related patent infringement

OLED panel sales help LG Display swing to net profit of $561.2 mn in Q4

LG Display reported a net profit of 621 billion won (US$561.2 million) for the October-December period, swinging from a loss of 1.81 trillion won a year earlier

LG begins trials for indoor robot delivery service Cloi Servebot

LG Electronics has started trials for its indoor robot called Cloi Servebot that can carry up to 15 kgs of items in its three drawers and deliver them to its destination

Diwali cheer for auto, durable makers as need for convenience drives sales

While retailers, manufacturers said that sales growth has been in double-digits for home and kitchen appliances during the Diwali period this year, car dealers say some models have stocked out

LG unveils 2 new devices to tap into premium smartphone market in India

LG Electronics on Wednesday unveiled two new mobile phone models with prices starting from Rs 36,990 onwards, as the company looks to tap into the country's booming premium smartphone market.