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NEWS TAGGED LG
Tuesday 18 February 2025
Samsung, LG expand OLED TV sales to counter China's price war
China-based TV manufacturers, including TCL and Hisense, are aggressively challenging South Korea-based competitors by leveraging their price advantages. In response, Samsung Electronics...
Friday 14 February 2025
Chinese TV brands dominate Japan market as Korean rivals struggle
With Panasonic announcing its exit from the television business in 2025, all eyes are on global TV giants Samsung Electronics and LG Electronics to see how they will navigate the...
Wednesday 12 February 2025
Trump's tariffs could undermine Samsung and LG as Chinese TV makers gain a subsidized edge
Samsung Electronics and LG Electronics face mounting challenges from former US President Donald Trump's tariff policies. South Korean industry insiders warn that if the US imposes...
Friday 24 January 2025
LG eyes IPO for Indian unit as revenue growth targets nearly 10%
LG Electronics' Indian subsidiary experienced a revenue surge of almost 10% in 2024. The company remains on course with its plans to launch an IPO in India, aiming to take advantage...
Tuesday 21 January 2025
LG targets 45% B2B revenue by 2030 through AI-driven expansion
LG Electronics has embarked on a strategic transformation in 2024, shifting its focus toward non-hardware businesses and B2B operations. The company has enhanced investments in automotive...
Monday 13 January 2025
Samsung homes in on AI as LG heats up data center play
The Consumer Electronics Show (CES) 2025 in Las Vegas, US has concluded, revealing distinct strategic paths taken by South Korean tech giants Samsung Electronics (Samsung) and LG...
Wednesday 8 January 2025
LG Electronics reports preliminary financial results: 2024 revenue hits record high, Q4 profits fall short of expectations
LG Electronics (LG) has released its preliminary financial results for 2024, showcasing impressive annual revenue figures. However, the operating profit for the fourth quarter saw...
Wednesday 8 January 2025
CES 2025: Samsung and LG showcase contrasting AI strategies; Chinese smart glasses gain momentum
CES 2025 kicked off in January, with major brands vying for attention in their traditional competition. South Korean companies Samsung Electronics and LG Electronics, Japanese firms...
Friday 27 December 2024
Chinese brands challenge Korean dominance in premium TV market
South Korean TV giants face mounting pressure as Chinese manufacturers gain ground in the premium TV segment. Samsung Electronics' global premium TV market share dropped to 30% in...
Monday 16 December 2024
South Korea's FuriosaAI takes on global AI chip race with 'RNGD'
FuriosaAI, a Seoul-based AI chip startup founded in 2017, is making waves in the AI hardware market with its innovative accelerator chips aimed at hyperscale data centers and enterprises...
Monday 9 December 2024
LG Electronics files for IPO in India
LG Electronics India filed an IPO in India, aiming to capitalize on the country's growing appliances and electronics market. However, concerns arise regarding potential conflicts...
Friday 29 November 2024
China's dominance in LCD market leads to inflated procurement costs for Samsung and LG
China's dominance in the LCD panel and TV manufacturing sectors is driving up procurement costs for South Korean giants Samsung Electronics and LG Electronics. Additionally, China's...
Thursday 28 November 2024
LG Group revamps leadership to drive stability and innovation
LG Group convened a board meeting to finalize senior leadership changes across its subsidiaries. While overall promotions were scaled back, the company emphasized advancing R&D...
Thursday 28 November 2024
LG makes major division overhauls, shifting from products to solutions
LG Electronics has announced a major organizational restructuring aimed at shifting from a product-focused strategy to a solution-driven approach. This strategic realignment seeks...
Wednesday 20 November 2024
LG Group to invest KRW1.8 trillion over five years, aiming for net zero carbon emissions by 2050
LG Group (LG) has set a target to achieve net zero carbon emissions by 2050, making it the only South Korean conglomerate to publicly announce specific carbon neutrality goals and...
Research Report Database
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research