LG Electronics' strategic transformation efforts are paying off, as evidenced by its record-breaking third quarter 2024 performance, driven by three core pillars: operational efficiency,...
LG Electronics is following Samsung's lead in pursuing the lucrative medical technology field as a key future revenue source. The company plans to develop its medical technology business,...
LG Electronics' Business Solutions (BS) division plans to nearly double its revenue in the B2B market to KRW 10 trillion (US$7.4 billion) by 2030, focusing on commercial displays...
Historically, OLED TVs have lagged behind LCD models in the global market, which ships nearly 200 million units annually. This disparity is largely due to the fewer brands producing...
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,...
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...
Glass Core Substrate (GCS) is becoming a trend that major players in the semiconductor supply chain are avidly pursuing. LG Innotek is reportedly contacting material, components,...
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."...
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...
The recent reports of Apple's delayed launch of the next-generation Vision Pro cast a shadow over the market outlook for OLED on Silicon (OLEDoS) technologies.
At InfoComm 2024, North America's largest display expo, Samsung Electronics, and LG Electronics are set to showcase various commercial display solutions, all featuring AI technology...
With Apple set to introduce Apple Intelligence in its iPhone 16 series, the South Korean industry and securities sector are hopeful that LG Innotek, Apple's camera module supplier,...