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LG Electronics

LG Electronics India gears up for IPO: Key details, strengths, and challenges

LG Electronics India gears up for IPO: Key details, strengths, and challenges

Tue, Dec 10, 2024

LG Electronics India has filed its Draft Red Herring Prospectus with SEBI, setting the stage for its much-anticipated IPO. The company, a subsidiary of South Korea’s LG Electronics, is expected to raise funds through an offer for sale, with details on the listing date and pricing still to be revealed.

Scorching heat lifts air conditioner sales to 6 million in first half of 2022

Scorching heat lifts air conditioner sales to 6 million in first half of 2022

Mon, Jul 18, 2022

According to Haier Appliances India, President Satish NS "We have achieved 70 per cent YoY growth in value; attaining a 60 per cent YoY growth in units sold in H1 '22," he said.

PLI scheme for white goods: 19 companies, including LG. Wipro, file applications with proposed investments of Rs 1,548 crore to avail benefits

PLI scheme for white goods: 19 companies, including LG. Wipro, file applications with proposed investments of Rs 1,548 crore to avail benefits

Tue, Apr 26, 2022

As many as 19 companies, including LG Electronics and Wipro, have filed applications with proposed investments of Rs 1,548 crore to avail benefits under the production linked incentive scheme for white goods in the second round, the commerce and industry ministry said on Tuesday.

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LG Electronics to unveil life-size self-driving concept car next month

LG Electronics to unveil life-size self-driving concept car next month

Mon, Jan 24, 2022

LG Electronics said on Monday that it will show off the real-life version of its futuristic self-driving vehicle next month.

LG can boost its corporate value by restructuring mobile biz

LG can boost its corporate value by restructuring mobile biz

Sat, Jan 23, 2021

LG Electronics can improve its corporate value by restructuring its money-losing mobile business, analysts here said on Saturday, as the South Korean tech giant can better focus on its future growth engines for the post-pandemic era

LG to launch rotating-screen phone in S Korea on Oct 6

LG to launch rotating-screen phone in S Korea on Oct 6

Fri, Sep 25, 2020

The new dual-screen smartphone from LG Electronics is expected to go on sale in South Korea on October 6, industry insiders have said, as the tech firm aims to boost its handset sales in the domestic market.

LG may revive tablet business with 'G Pad 5'

LG may revive tablet business with 'G Pad 5'

Sun, Sep 15, 2019

With what could purportedly be called the "G Pad 5", South Korean tech major LG might be looking to revive its tablet business, two years after getting out of the game.

LG launches ultraportable laptops 'Gram' in India: Check price, features, specs and more

LG launches ultraportable laptops 'Gram' in India: Check price, features, specs and more

Fri, Aug 23, 2019

LG Electronics, a consumer durable major in India, today announced the launch of its new range of innovative ultraportable laptops called “Gram”

LG launches 5-star rated washing machines in India - Check features, price

LG launches 5-star rated washing machines in India - Check features, price

Wed, Aug 14, 2019

New LG washing machines are equipped with Smart Inverter, Jet Spray, TurboWash, Turbodrum & Roller Jet Pulsator, which help in water saving up to 40 percent and power saving up to 30 percent.

LG Electronics to shut South Korea phone plant, move production to Vietnam

LG Electronics to shut South Korea phone plant, move production to Vietnam

Thu, Apr 25, 2019

LG Electronics Inc said on Thursday it would stop producing smartphones in South Korea and move manufacturing to Vietnam, joining global rivals in reorganising production as they battle a slump in global demand.

LG aims 40 per cent market share in home AC segment in India

LG aims 40 per cent market share in home AC segment in India

Mon, Mar 11, 2019

The Indian room AC market is expected to be around 5 million units, with over 20 companies competing in the segment. Commenting on the company's new products for this season, Babu said, "We have improved the lineup with wi-fi and other features such as good designs with good aesthetic sense and colours."

LG introduces its first 5G-enabled smartphone, unveils G and V series

LG introduces its first 5G-enabled smartphone, unveils G and V series

Mon, Feb 25, 2019

LG Electronics on Monday introduced its V and G series flagship smartphones - "V50 ThinQ 5G", the company`s first 5G-enabled smartphone with dual screen, and the "G8 ThinQ", the world`s first smartphone with advanced palm vein authentication or Hand ID.

LG G8 ThinQ to come with 3D selfie camera for face unlock

LG G8 ThinQ to come with 3D selfie camera for face unlock

Thu, Feb 07, 2019

The new sensor supports better face recognition used in phone unlocking and payment authentication, as well as augmented reality and virtual reality applications, it added.

LG joins Microsoft to accelerate autonomous vehicles business

LG joins Microsoft to accelerate autonomous vehicles business

Thu, Jan 10, 2019

Microsoft Azure will drastically reduce the time required for LG AI self-driving software to learn and evolve.

LG's $1,830 smartphone to hit the shelves next month

LG's $1,830 smartphone to hit the shelves next month

Sun, Jul 29, 2018

LG Electronics on Sunday said it will sell the super-premium version of the V35 smartphone, priced at a $1,830, from August 20

Qualcomm warns of customer losses, legal hazards to Broadcom buyout

Qualcomm warns of customer losses, legal hazards to Broadcom buyout

Sat, Feb 10, 2018

It said two customers who provide more than $1 billion in chip revenue had said they would likely move designs away from Qualcomm if the deal went through

Qualcomm warns of customer losses, legal hazards to Broadcom buyout

Qualcomm warns of customer losses, legal hazards to Broadcom buyout

Sat, Feb 10, 2018

It said two customers who provide more than $1 billion in chip revenue had said they would likely move designs away from Qualcomm if the deal went through

Google teams with Sony, Lenovo for smart speakers with touchscreens

Google teams with Sony, Lenovo for smart speakers with touchscreens

Tue, Jan 09, 2018

Dubbed smart displays by Google, the new devices introduce tablet-like screens to speakers that can obey oral commands to perform tasks like playing music, dimming lights, locking doors and setting alarms. JBL and Lenovo Group Ltd also are developing smart displays, Google said.

LG Electronics estimates quarterly loss of nearly $30 million; first in six years

LG Electronics estimates quarterly loss of nearly $30 million; first in six years

Fri, Jan 06, 2017

This is the first loss for the company since a bigger loss in the fourth quarter of 2010.

LG Electronics launches V20 flagship smartphone in India priced at Rs 54,999

LG Electronics launches V20 flagship smartphone in India priced at Rs 54,999

Mon, Dec 05, 2016

LG collaborated with European audio brand B&O under which the new V20 comes with B&O Play headsets.

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