The interior of a car equipped with LG's infotainment system LG Group is accelerating its efforts to build a partnership with Honda Motor Co. as South Korea's fourth-largest conglomerate beefs up its automotive electronics portfolio in line with the automobile industry’s shift toward soft
Samsung is set to release its latest foldable phone models – Galaxy Z Fold and Z Flip 7 – on July 8 Samsung Electronics Co. is likely to deliver weaker-than-expected results for the second quarter, with operating profit estimated to decline by more than 15% from the first quarter, w
(Courtesy of LG Electronics) LG Electronics Inc., South Korea’s leading electronics company, is doubling down on its bid to lead the burgeoning global heating, ventilation and air conditioning (HVAC) market with OSO Hotwater, one of Europe’s top providers of water heating solu
LG OLED TV (Courtesy of LG Electronics) LG Electronics Inc. is on track to retain its lead in the organic light-emitting diode (OLED) TV market for the 13th consecutive year, bolstered by strong first-quarter sales and rising demand for ultra-large-sized OLED TVs. The South Korean electro
A rendered image of LG Electronics’ envisioned new home appliance plant in Sri City, India (Courtesy of LG) South Korea’s LG Electronics Inc. has broken ground on its third home appliance manufacturing plant in India with a $600 million investment to expand its production footprint
Cars lined up for loading onto ships at a port in Pyeongtaek, Gyeonggi Provice (Courtesy of Yonhap) The US has eased tariffs on automotive parts that took effect on May 3, offering a sigh of relief to South Korean suppliers, who said a worst-case scenario under the US tariff policy has been avo
LG Electronics India's call center staff consultants (Courtesy of LG Electronics) LG Electronics Inc. is mulling putting off an initial public offering of its wholly owned subsidiary in India amid growing volatility in the global financial market due to concerns over US tariff-triggered e
LG Electronics' built-in home appliance product line-up LG Electronics Inc. has resumed operations at its home appliance plant in Russia amid prospects of a ceasefire between Russia and Ukraine, signaling a return of South Korea’s companies to the market after nearly three years.Its
Bear Robotics' delivery robots Servi Plus LG Electronics Inc. has secured control of Bear Robotics Inc., a service robot developer, by raising its stake to 51% from 21% as it aims to expand its robotics business across commercial, industrial and home services.The South Korean home appliance mak
AI agent Q9 on display during the LG Electronics media day press conference at CES 2025 (Courtesy of Yonhap) LAS VEGAS – South Korea’s top home appliance maker LG Electronics Inc. has thrown down the gauntlet to frontrunners in the AI robot race by developing its original huma
Cho Joo-wan will stay on as CEO in 2025 after LG Group's year-end reshuffle LG Electronics Inc. will retire 761,000 shares in 2025, or around 0.5% of its outstanding shares, to increase shareholder returns, the South Korean company said on Wednesday. The treasury stock to be canceled is worth 7
LG Electronics' air conditioning system LG Electronics Inc., a leading South Korean home appliance maker, has emerged as one of the world’s top five players in the heating, ventilation and air conditioning (HVAC) market, driven by its focus on large-size chillers.According to industry sou
Automated guided vehicles run on LG Electronics' private 5G network (Courtesy of LG Electronics) LG Electronics Inc.'s push to expand its presence in the burgeoning private 5G network market is poised to gain traction. The South Korean electronics giant announced on Sunday that it will bu
A food waste disposer that LG Electronics is set to launch in 2025 LG Electronics Inc., the world's largest home appliance maker, will foray into the food waste disposer market in the first quarter of 2025, heralding a shake-up in the sector led by small electronics companies, according to indu
Jaguar EV equipped with LG Electronics' in-vehicle infotainment system LG Electronics Inc. is aggressively expanding its automobile components business in the North American market – a move that is expected to help turn around the loss-making business in the third quarter at the earliest.