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A tweet by a teenager living in Kentucky, the US, made LG Electronics ’ smart refrigerator go viral globally this week, raising the question of whether the fridge could be used to tweet. A fan of singer Ariana Grande, named Dorothy, tweeted Aug. 8 that she was posting via LG’s smart fridge as ...
South Korean display maker LG Display said on July 23 that it posted an operating loss of 368.7 billion won ($312.7 million) in the April-July period, marking two consecutive quarters in the red. It logged 5.35 trillion won in sales, down 5 percent on-year, in the same quarter. The company said t...
LG Electronics said on July 23 it has launched a mobile payment service for G8 smartphone users in the United States and plans to expand the number of smartphone models that can use the service in the coming months. Similar to Samsung Pay, LG Pay is more advanced than Google Pay and Apple Pay, ...
LG Electronics on July 16 launched a home brew machine that makes fresh beer out of capsules with minimum hassle to appeal to a rising number of craft beer lovers. Brewing beer has been considered a hobby with a high barrier to entry because brewers should keep a close eye throughout the proces...
LG Display said on July 9 that operations at its OLED factory in China will be put into full swing next month to ramp up its production capacity of premium panels in the key market. The company has invested about 5 trillion won ($4.2 billion) to build the Guangzhou factory for the production of...
LG Electronics said on July 5 its second-quarter operating profit is expected to have dropped 15.4 percent from a year earlier, mainly due to its sluggish smartphone business. In an earnings guidance, the South Korean electronics maker said it expects to post 652.2 billion won ($557 million) in...
LG Display shipped the most automotive displays in the first quarter, beating Japan Display to take over the top spot in the fast-growing sector, industry data showed on June 20. The display arm of LG Electronics shipped 6.08 million auto displays in the January-March period, up 32.5 percent fr...
LG CNS said on June 16 it has agreed with US tech behemoth Microsoft to collaborate on the development of cloud-based enterprise solutions. The two firms signed a memorandum of understanding on strategic partnership at the American company’s Asian-Pacific regional headquarters in Singapore, wh...
[ETNEWS] Display maker LG Display has temporarily halted the operation of the E6-1 manufacturing line in Paju, Gyeonggi Province, due to technical glitches, according to sources on June 3. The E6-1 is one of the company’s manufacturing facilities anticipated to roll out OLED displays for US te...
LG Uplus said on May 31 it will invest 10 billion won ($8.4 million) to create a wide range of augmented reality content based on its 5G network to attract more premium service users. As 5G networks can handle heavy data volume with little latency, the telecom operator has focused on creating a...
South Korean tech giant LG Electronics said on May 30 that it has completed constructing a new washing machine plant in Tennessee, US, after investing $360 million over the last 15 months. Politicians from both the US and Korea along with LG executives who attended the ribbon-cutting ceremony in...
South Korea’s antitrust regulator said on May 28 it has fined major home appliance maker LG Electronics 50 million won ($42,000) for false advertising for containers in its refrigerators. The Fair Trade Commission said it claimed in catalogues and on its website from June 2011 to June 2016 tha...
[ET NEWS] “ LG Display ’s own foldable display technology is mature enough for commercialization, and it is now up to device makers to adopt the tech and grow the market in earnest,” said CTO Kang In-byeong at the SID Display Week 2019. Speaking at one of the world’s largest display confere...
LG Electronics said on May 16 it has developed an artificial intelligence chip applicable in various household appliances to offer customized services for users. The tech giant said its AI chip is equipped with neural engine processing cores customized to run deep learning algorithms. LG sa...
LG Electronics said on May 15 it will launch its 8K OLED TV and rollable TV in South Korea in the latter half of the year to target the premium segment with improved displays and a new form factor. The Korean tech giant released its 4K OLED lineup in three sizes -- 55 inch, 65 inch and 77 inch ...
Korea Eximbank extends $120m to Cambodia for road development
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