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LG Electronics on Thursday launched new laptop series -- LG Gram series and LG UltraPC line-ups -- with innovative features in India. According to the company, each model comes equipped with innovative features that cater to diverse preferences and come loaded with innovative features that target a wide range of lifestyles. "With their innovative features and sleek designs, these devices exemplify our commitment to pushing the boundaries of technology and providing the best-in-clas...
LG launches new laptop series with innovative features in India
LG Electronics and Canadian AI computing startup Tenstorrent said on Wednesday they are working together to develop next-generation chips that could potentially power the South Korean tech company's smart consumer appliances and automotive products. Tenstorrent, founded in 2016, builds computers for artificial intelligence (AI). CEO Jim Keller is a microprocessor engineer, best known for his work at AMD and Apple, reports Yonhap news agency. The collaboration is expected to bo...
LG partners Canadian startup to develop Artificial Intelligence chips
India's smart TV shipments grew 28 per cent (on-year) in 2022 and homegrown brands showed the fastest growth, with a market share of 24 per cent in smart TV shipments, a report showed on Tuesday. Smart TV contribution to overall TV shipments was over 90 per cent, the highest ever, according to Counterpoint Research. More than 99 per cent of the TVs are now being assembled locally, with some high-end TVs being imported. Xiaomi continued to lead India's smart TV market with an ...
India smart TV market grows 28%, homegrown brands capture 24% share
New Delhi: Two giant consumer brands, LG and Times Prime today announce their coming together for a strategic partnership for their “Assured Benefits Carnival,” where the electronic giant will gift Times Prime Annual Membership to its customers on purchase of any "Side by Side Refrigerator”. Upon product purchase, customers will receive a voucher code for the Times Prime annual membership with access to a wide range of benefits from premium & popular b...
LG inks a strategic sales partnership with Times Prime for assured benefits for its customerse
LG Electronics has partnered with Asleep, a South Korean sleep-tech AI startup specialising in sleep diagnosis, to develop customised next-generation smart home appliances optimised for customers' sleep conditions. The company signed a memorandum of understanding (MOU) for 'sleep research cooperation' that will work to develop new smart home appliances, including refrigerators, TVs, air conditioners and washing machines that integrate Asleep's AI technology that diagnoses s...
LG to develop next-gen smart home appliances that can track sleep
Major supplier of mobile camera modules LG Innotek has announced that it will introduce a new 'optical telephoto zoom camera module' at the Consumer Electronics Show (CES) 2023. The module is a micro-component created for the smartphones by integrating the telescopic camera functions that were typically applied to the professional camera such as digital single lens reflex (DSLR) and mirrorless cameras, the company said in a blogpost on Monday. It will be mounted on the back side...
LG Innotek will reveal new camera module at CES 2023
Chip major Qualcomm has launched the world's first purpose-built, headworn augmented reality platform for VR/AR devices of the future. Called Snapdragon AR2 Gen 1 which is part of the company's extended reality (XR) portfolio, the multi-chip architecture achieves 50 per cent lower power consumption and 2.5x better AI performance, to enable high-performance, sleek AR glasses. Snapdragon AR2 is in various stages of development with OEMs including Lenovo, LG, Nreal, OPPO, Pico, QON...
Qualcomm unveils Snapdragon AR platform to power headworn devices
LG Electronics on Monday launched its very own non-fungible token (NFT) platform called LG Art Lab compatible with its premium TVs. The new platform, available in the US on the company's TVs running webOS 5.0 or later and accessible directly from the home screen, enables users to buy, sell and enjoy high-quality digital artwork. "When displayed on the cinematic, 16:9 aspect ratio screens of LG's TVs, NFTs come fully to life," the company said in a statement. LG'...
New LG platform lets users buy, sell NFTs via its premium TVs
LG Innotek, a camera module supplier for Apple iPhones, said on Wednesday it will invest $1.07 billion to expand the production capacity of camera modules and other electronic parts. The South Korean electronics parts maker signed a memorandum of understanding with the city of Gumi, North Gyeongsang Province, to make the investment to add production lines in its Gumi manufacturing campus by the end of next year. The envisioned investment will be mainly used to increase production of cam...
iPhone camera supplier LG Innotek to invest $1 bn to boost production
LG Display, a major display panel maker, said on Wednesday its first-quarter net income fell nearly 80 per cent from a year ago, driven by lower demand for IT products and falling TV panel prices. Its net income for the three months ending in March came to $43 million, down 79.6 percent from a year earlier, the company said in a regulatory filing. The company posted 38.3 billion won in operating profit for the January-March period, compared with 523.4 billion won a year ago. Sales fell ...
LG Display's net income falls 80% on sluggish demand in Q1
LG Display has reportedly shared a proposal to LG Electronics to launch a new 55-inch OLED TV with a transparent display panel. According to TheElec, the TV would come under the brand's Home Entertainment Company. The display will be fixed on the TV like a traditional TV, unlike the company's rollable OLED TV or smart bed that had a screen panel that could be pulled out. LG Electronics has already made transparent OLED products. However, these models are only for enterprises rat...
LG to launch a 55-inch transparent OLED TV in 2023: Report
SEOUL -South Korea's LG Display Co Ltd on Wednesday reported a more than three-fold jump in third quarter operating profit from a year earlier, as pandemic-driven demand for television sets boosted prices for large-screen flat-screen panels. The Apple Inc supplier posted an operating profit of 529 billion won ($449.36 million) for the July-September period, versus 164 billion won a year earlier, but it missed an average analyst forecast of 600 billion won compiled by Refinitiv SmartEst...
LG Display Q3 profit rises, buoyed by higher TV panel prices
Short video platform TikTok has launched an app for LG's 2020 and 2021 smart TVs, the TV manufacturer has announced. The app arrived on these recent webOS 5.0 and webOS 6.0 models with a firmware update that started rolling out on October 7, but will also be coming to older 2019 TVs "in the coming months". The app is launching in the UK, France and Germany, citing a TikTok representative The Verge reported on Friday. That's notable since TikTok's smart TV apps f...
TikTok is coming to LG's recent smart TVs
South Korea's two largest display panel makers -- Samsung Display and LG Display -- are extending their liquid crystal display (LCD) production, industry insiders said on Friday, as panel prices continue to rise on robust demand. Samsung Display CEO Choi Joo-sun recently told employees that the company is reviewing the possibility of extending large-size LCD panel production through the end of next year. The company originally planned to withdraw from the LCD business last yea...
Samsung, LG extend LCD production amid panel price hike
Chennai-based technology firm Zoho Corporation on Thursday announced to help hospitals and health care centers across Tamil Nadu with procurement and distribution of essential medical equipment for Covid-19 treatment. The company has also donated Rs 5 crores to the state government's public relief fund towards Covid relief and another Rs 13 crore worth oxygen supplies and medical equipment to various private and public hospitals across the state, the company said in a statement. Oth...
Zoho, Tech Mahindra, LG pledge to support Covid relief efforts in India
Petrol pump owners have urged Lt Governor Anil Baijal and Delhi police to at least open one side of the road at the Singhu border so that fuel retail business could resume after months of closure. In a letter written to LG, the Delhi Petrol Dealers' Association has said that police should open one side of the road particularly Delhi-Panipat side as farmers have agreed to give way in wake of the wide spread of Covid pandemic. This they said, would also help resume fuel stations opera...
Petrol dealers urge LG to open one side of road at Singhu border
South Korean battery maker LG Energy Solution Ltd said on Saturday its joint venture with American automaker General Motors Corp. will build a $2.3 billion electric vehicle (EV) battery factory in Tennessee in the US. Ultium Cells, the joint venture between LG and GM, will build a second US factory with an annual capacity of 35 gigawatt-hours, similar to the first one under construction in Ohio, LG Energy said. "With the joint venture's factory construction, LG Energy Solution ...
LG, GM to build $2.3B EV battery factory in US
LG Wing, a dual-display smartphone featuring a rotatable main screen, has now received a price cut in the country as it will be available at Rs 29,999 on Flipkart. A Flipkart listing with revised pricing suggests the smartphone with 8GB RAM and 128GB internal storage, which was launched in the country at Rs 69,990, will now soon be available at the mentioned discounted price. As the company recently announced to close down its mobile phone business unit, LG is offering discounts on its ...
LG Wing to be available at Rs 29,999 on Flipkart
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