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NEWS TAGGED LG ELECTRONICS
Thursday 26 September 2024
GenAI driving home appliance innovation and expansions
As Generative AI (GenAI) technology matures and its functions improve, businesses are exploring new applications beyond traditional devices. While GenAI has already made inroads into...
Monday 2 September 2024
LG Electronics to move beyond home appliances, eyes growth potential in B2B business
LG Electronics CEO William Cho has announced that by 2030, 52% of the company's revenue and 76% of its profits will come from the business-to-business (B2B) sector. Subscription services,...
Wednesday 28 August 2024
LG Electronics reportedly advances plans for Indian IPO
Rumors have circulated about LG Electronics considering an IPO for its Indian unit, with reports indicating that the company is actively consulting investment banks for the potential...
Friday 23 August 2024
Rising production costs test Samsung, LG's profitability
South Korea's top TV manufacturers, Samsung Electronics and LG Electronics, are grappling with rising production costs as Chinese firms tighten their grip on the LCD...
Friday 26 July 2024
32-inch dual-mode gaming OLED faces supply shortage despite LG production lines operating at full capacity
The gaming OLED monitor recently launched by LG Electronics has reportedly sold out globally. Despite continuous production increases for said product, it remains "out of stock."...
Tuesday 25 June 2024
LG and Hyundai team up for automotive electronics
Hyundai Motor Group and LG Electronics are teaming up as they shift from home appliances to automotive electronics.
Friday 21 June 2024
LG Electronics, ChargePoint form partnership for commercial EV charging
LG Electronics took another step forward to grow its EV charging business. The South Korean company has become a strategic partner of ChargePoint, a US-based EV charging solution...
Thursday 6 June 2024
LG Electronics cracks US data center cooling market amid AI boom
As the AI boom fuels a surge in US data center investments, the demand for efficient cooling systems is becoming increasingly critical. LG Electronics, seizing the opportunity, has...
Wednesday 17 April 2024
LG affiliates engage with Hyundai, aiming further automotive collaboration
LG Innotek and the automotive electronics division of LG Electronics recently visited Hyundai Motor Group's R&D hub. The industry has been wondering whether the two sides will...
Tuesday 16 January 2024
LGE steps up biz transformation in 2024
Having initiated its transformation plans in 2023, LG Electronics has vowed recently to invest US$40 billion by 2030 in R&D, investments, and business expansion to turn itself...
Wednesday 10 January 2024
LG Electronics shares 'Affectionate Intelligence' vision ahead of CES 2024
Under the leadership of CEO William (Joo-wan) Cho, LG Electronics has initiated a series of corporate reforms, transforming its previously hardware-sales-focused core business to...
Wednesday 10 January 2024
Samsung, LG, Sony take different approaches to fulfill EV ambitions
The EV market continues to grow. Besides carmakers, Samsung Electronics, LG Electronics, and Sony have all invested in the segment. They are scaling the business in different ways...
Tuesday 9 January 2024
Graphene semiconductor: the brainchild of US-China collaboration
Graphene, which was thought to be an unsuitable material for semiconductors, has made a breakthrough.
Friday 5 January 2024
AI set to take center stage at CES 2024
The annual Consumer Electronics Show (CES) in the United States is set to kick off on January 9th in Las Vegas and run through till the 15th.
Tuesday 19 December 2023
LG Electronics fast-tracks 'Triple 7' goals for 2028 amid 2023 record-breaking year
Amid LG Electronics' anticipation of setting new performance records in 2023, President Cho Joo-wan has expedited the South Korea-based company's "Triple 7" target by two years. As...
Next-Gen Retail Revolution: The Power of Edge AI and Cloud Surveillance
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