Connect to share and comment

Samsung, LG win U.S. Energy Star award

By Kang Yoon-seung SEOUL, April 3 (Yonhap) -- Samsung Electronics Co. and LG Electronics Inc., the two dominant tech giants in South Korea, said Thursday they each won the 2014 Energy Star Award in the United States for its power-efficient products. The award, given by the U.S. Environmental Protection Agency (EPA) since 1993, cited the companies' steady contributions in campaigns to save energy and protect the environment.

LG's smartphone sales projected at all-time high in Q2: analysts

SEOUL, April 3 (Yonhap) -- LG Electronics Inc.'s quarterly smartphone sales are likely to reach an all-time high in the April-June period, analysts said Thursday, due mainly to improved sales of its low-end lineup. The South Korea's No. 2 smartphone maker is expected to sell 15 million units in the second quarter, the data released by Mirae Asset Securities Co. showed.

LG to update 'Knock Code' on previous models

By Kang Yoon-seung SEOUL, March 25 (Yonhap) -- South Korea's No. 2 tech player, LG Electronics Inc., said Tuesday it plans to apply its latest "Knock Code" feature to its earlier devices, further promoting its new unlocking technology. The company said the feature, first introduced in February with the launch of the 5.9-inch phablet G Pro 2, will also be available for the G2 and the G Flex models through updates, and will gradually expand to other previous lineup as well.

LG rolls out latest UHD lineup in S. Korea

By Kang Yoon-seung SEOUL, March 11 (Yonhap) -- LG Electronics Inc., South Korea's No. 2 tech giant, launched its latest Ultra HD TV lineup featuring various sizes and shapes here Tuesday, in a move aimed at narrowing its gap with global rivals. The firm said it will release 16 UHD TV models this year, including those featured at the U.S. Consumer Electronics Show in January, which will also come in various sizes to meet different needs of customers.

LG rolls out latest UHD lineup in S. Korea

By Kang Yoon-seung SEOUL, March 11 (Yonhap) -- LG Electronics Inc., South Korea's No. 2 tech giant, launched its latest Ultra HD TV lineup of different sizes and shapes at home Tuesday, taking a step forward to narrow its gap with global rivals. The firm said it will release 16 UHD TV models this year, including those featured at the U.S. Consumer Electronics Show in January, which will also come in various sizes to meet different needs of customers.

LG to roll out 34-inch split-screen monitor for multitasking, movies

SEOUL, Feb. 5 (Yonhap) -- South Korea's No. 2 tech giant, LG Electronics Inc., said Wednesday it plans to launch a new monitor equipped with in-plane switching (IPS) panels, optimized for watching movies and multitasking. The new model, named "34-inch UM95," features a 21:9 screen with wide QHD resolution of 3440×1440, offering a 238 percent wider screen compared with the previous full HD displays, it said. The company said the product's wide screen makes it suitable for watching movies or online lectures.

LG beats its rivals in Q4 smartphone sales

SEOUL, Jan. 29 (Yonhap) -- South Korea's handset maker LG Electronics Inc. surpassed its global rivals such as Samsung Electronics Co. in terms of smartphone sales in the fourth quarter of last year, data showed Wednesday. LG Electronics saw its smartphone sales advance 53 percent in the October-December period from a year earlier by shipping 13.2 million units, according to the data compiled by market researcher Strategy Analytics.

LG beats its rivals in Q4 smartphone sales

SEOUL, Jan. 29 (Yonhap) -- South Korea's handset maker LG Electronics Inc. surpassed its global rivals such as Samsung Electronics Co. in terms of smartphone sales in the fourth quarter of last year, data showed Wednesday. LG Electronics saw its smartphone sales advance 53 percent in the October-December period from a year earlier by shipping 13.2 million units, according to the data compiled by market researcher Strategy Analytics.

After unexpected loss, LG Electronics forecasts lower operating profit, currency risks

SEOUL, South Korea - LG Electronics Inc. is forecasting lower earnings from its mobile business this quarter and risks from swings in Latin American currencies after posting an unexpected loss in the final three months of 2013. The latest results from LG Electronics, the world's second-largest TV maker and a major device supplier, underline how it is being squeezed between Japanese competitors and its bigger South Korean rival Samsung Electronics Co.

LG Electronics' net loss narrows in Q4

By Kang Yoon-seung SEOUL, Jan. 27 (Yonhap) -- South Korea's tech giant LG Electronics Inc. said Monday its net loss narrowed in the fourth quarter of 2013 from a year earlier on improved smartphone sales. Net loss came to 63.4 billion won (US$58.76 million) in the October-December period, improving from the net loss of 478.1 billion won posted a year earlier, LG Electronics said in a regulatory filing. Revenue edged up 0.8 percent on-year to 13.9 trillion won, and operating profit surged 103.8 percent to 238.1 billion won, it said.
Syndicate content