Home appliances made by LG Electronics South Korea’s LG Electronics Inc. on Friday posted record 2020 operating profit and revenue, boosted by robust sales in its home appliance division amid the COVID-19 pandemic.Full-year operating profit surged 31% to an all-time high of 3.2 trillion w
South Korea-based LG Electronics Inc. looks to be considering selling off its struggling smartphone division, which has been in the red for 23 consecutive quarters, reaching a cumulative operating loss of 5 trillion won ($4.5 billion).“We’ve come to a point where we need to make
▲ LG rollable OLED smartphone teaser at CES 2021 The man in the video spreads out a screen rolled up in the back of a smartphone, with the phone display expanding to the size of a tablet PC.LG Electronics Inc.’s rollable smartphone made an appearance at CES 2021, the world’s bigge
Samsung's Micro LED TV Samsung Electronics Co. and LG Electronics Inc., the world’s two largest TV makers, are showcasing a series of new models at the world’s biggest tech expo amid intensified global competition for the high-end TV segment.The two South Korean companies are expect
LG Electronics Inc. and Magna International Inc. will form a $1 billion joint venture to build electric car components as the tech companies tap into the growing global demand for electric vehicles.LG, a unit of South Korea’s fourth-largest conglomerate, said in a regulatory filing on De