LG Electronics (LG) announced that Brian Kwon, currently head of LG’s Mobile Communications and Home Entertainment companies, has been named to take the helm as Chief Executive Officer effective December 1. Other changes announced for 2020 include: Park Hyoung-sei as president of the Home Entertainment Company, new Mobile Communications Company president Morris Lee, William Cho […]
LG Electronics, Unity Technologies Collaborate On Autonomous Vehicle Simulation
Engineers at the LG Electronics America R&D Center in Silicon Valley are working with machine learning experts at Unity Technologies to develop advanced simulation software that will enable autonomous vehicle developers to accelerate system development for safer self-driving cars. The collaboration of LG SVL Simulator on Unity Simulation leverages LG’s AI leadership and expertise as […]
LG Electronics Announces Third-Quarter 2018 Financial Results
LG Electronics Inc. (LG) reported consolidated sales of KRW 15.43 trillion (USD 13.76 billion) and operating profit of KRW 748.8 billion (USD 667.7 million) for the third quarter of 2018. Revenues were the highest among the three quarters this year, increasing 2.7 percent from the second quarter with operating income up 45 percent from the […]
LG Electronics Centum System™ Refrigerator Raises the Bar on Energy Efficiency
LG Electronics (LG) breaks new ground again with the unveiling of its new bottom-freezer refrigerator. The innovative bottom-freezer refrigerator stands out from the competition with market-leading energy efficiency as well as durability and an array of convenience-enhancing features. The refrigerator is also the first in the industry to come with a 20-year warranty for its […]
LG Electronics Captures Attention of BTS Fansfrom Coast to Coast During BTS World Tour
LG Electronics (LG) is bringing its own unique take on style and innovation to the BTS World Tour across the United States this fall. The BTS Studio Presented by LG kicks off this week with more than 10,000 passionate K-Pop fans experiencing the best of BTS alongside some of LG’s most forward-thinking products. The BTS […]
LG Electronics Ai-Enabled ThinQ Devices Take Top Honors
LG Electronics (LG) innovations in AI technology and designhave earned the companyrecognition from the European Imaging and Sound Association (EISA). LG’s AI ThinQ-enabled products including LG OLED TV, LG SUPER UHD TV and LG XBOOM were honored for their high competitiveness in categories assessing premium picture quality, artificial intelligence performance and sound excellence. The LG […]
LG Electronics Continues With More Software Updates for Smartphones Across Entire Range
LG Electronics(LG)announced that the LG G5, LG K11, LG K10 and LG X power2* will be updated to Android 8.0 Oreo OS, in line with the company’s renewed commitment to deliver long-lasting and reliable smartphones with consistent updates. Details of the update will be announced locally at the time of availability. Oreo OS With Oreo […]
LG ELECTRONICS EXPANDS INVESTMENTS IN ROBOT INNOVATORS
LG Electronics’ recent investment in US-based Bossa Nova Robotics marks the first overseas investment in a robotics partner by LG following a number of deals with Korean startups over the past year. In total, LG has committed over USD 90 million to robotics startups in the first 12 months of its investment initiative. Bossa Nova […]