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Friday 8 September 2023
New Chinese TV products take over IFA; Samsung and LG hold firm and embrace "future home"
Chinese TV makers like TCL and Hisense showcased several new ultra-large Micro LED and Mini LED TV products at IFA Berlin 2023. It appears that they are setting Samsung Electronics...
Tuesday 5 September 2023
LG Magna e-Powertrain to build first European production facility in Hungary
LG Magna e-Powertrain, a joint venture between LG Electronics and tier-1 automotive supplier Magna International, announced on September 4 that it will build a new production facility...
Monday 4 September 2023
Competition in high-end TV market heats up as China joins the fray
As China's TV market share continues to rise, it has intensified its targeting of South Korean brands. Despite Samsung Electronics and LG Electronics still dominating a significant...
Friday 1 September 2023
Samsung and LG still dominate global TV market in first half of 2023
In the first half of 2023, the two major South Korean brands, Samsung Electronics and LG Electronics, continued their dominance of the global TV market. Samsung maintained its spot...
Thursday 31 August 2023
OLED adoption in cars to accelerate
The collaboration between LG Display (LGD) and Mercedes-Benz on automotive OLED panels is expected to help accelerate adoption of OLED technology in the automotive industry, according...
Tuesday 29 August 2023
Skyworth reportedly to take over LGD Guangzhou plant
LG Display's 8.5G LCD fab in Guangzhou, China is reportedly up for sale and may be acquired by Chinese firm Skyworth, according to industry sources.
Monday 28 August 2023
Samsung, LG launch ultra-large microLED TVs with different marketing directions
Samsung Electronics and LG Electronics recently have both launched ultra-high-end, oversized TVs that are priced at over KRW 100 million (US$75,000) and feature next-generation microLED...
Monday 24 July 2023
Samsung, LG pushing investments in graphene for semiconductors and home appliances, says paper
Samsung Electronics and LG Electronics are gearing up for the development of graphene-based components to improve the durability and energy efficiency of their products such as semiconductors...
Thursday 20 July 2023
South Korea's LG unveils AI software for use across its units
South Korea's LG Group introduced an upgraded version of its artificial intelligence software, and demonstrated how it can be used across its businesses ranging from electronics to...
Friday 14 July 2023
FPD equipment market to bottom out in 2023 and recover with 153% rise in 2024
After peaking near US$21 billion of revenue in 2017, the market for capital equipment used to manufacture OLEDs and LCD panels has suffered from continuous annual declines as the...
Thursday 13 July 2023
LG Electronics targets KRW20 trillion in automotive component sales by 2030
Automotive electronics will drive LG Electronics' growth in the coming years. The company announced on July 12 that it aims to reach KRW20 trillion in car component segment revenue...
Monday 3 July 2023
LG executives gather in Silicon Valley to discuss open innovation
Korea's LG Group has been actively investing in startups related to battery, bio-med, clean technology, and IT components. Its venture capital subsidiary, LG Technology Ventures (LGTV)...
Tuesday 30 May 2023
LG teams up with Korean peers to work on 3D AR glasses
South Korean companies including LG Electronics are moving to collectively roll out augmented reality (AR) glasses with 3D images in cooperation with Qualcomm, and are expected to...
Friday 26 May 2023
LG Electronics commences EV charger production, aiming to expand in global market
LG Electronics has reached a milestone in its charging business. Its majority-owned company, HiEV Charger, started producing EV chargers on May 24. Besides serving the domestic market,...
Tuesday 16 May 2023
LG, Stellantis project hangs in balance as Canada politicians fight over money
Canada's industry minister says the Ontario government hasn't committed to paying its "fair share" to help advance negotiations with automaker Stellantis NV over an electric-vehicle...
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