• ELECTRONICS
    LG Electronics India posts ₹1,534-crore profit in FY19

    Total revenues for FY19 stood at ₹15,945.20 crore Consumer durables company LG Electronics India posted a net profit of ₹1,534.50 crore in FY19, clocking 5.52 per cent growth over the previous fiscal. The company, which is a wholly-owned subsidiary of South Korean consumer durables major LG Electronics, had reported a net profit of ₹1,454.20 crore in FY18. Total […]

  • ELECTRONICS
    LG Electronics appoints TV and mobile chief as its new CEO

    Seoul: LG Electronics Inc. has said it has appointed Brian Kwon, head of the firm’s TV and mobile business, as its new chief executive officer (CEO). The board of directors at the Korean tech giant picked Kwon to replace incumbent CEO Jo Seong-jin, who took the top post in 2016. Jo, nicknamed “Legend of the Washing Machine,” has […]

  • ELECTRONICS
    LG Electronics India beefing up B2B business

    Company exploring entry into solar solutions segment LG Electronics India is putting a lot of emphasis in expanding its B2B and enterprises business with new products and offerings, which contributes around 10 per cent to its overall revenues. The company is looking to expand its B2B business to solar power solutions segment by next year. […]

  • ELECTRONICS
    LG Electronics Q2 operating earnings down 15.4%

    Seoul, LG Electronics Inc. said on Friday that its second-quarter (Q2) operating profits are expected to have dropped 15.4 per cent from a year earlier, mainly due to its sluggish smartphone business. In an earnings guidance, the South Korean electronics maker said it expects to post 652.2 billion won ($557 million) in operating profits in […]

  • ELECTRONICS
    LG Electronics India expects 20% rise in sales this year

    In Kerala, the company is targeting a sales of Rs 550 crore during the Onam season. This is 20% higher than the same period in the previous year.  KOCHI: LG Electronics India is expecting a 20% growth in sales in the current year, which will be higher than industry growth of consumer durables. Unveiling the products for the Onam festival, […]

  • ELECTRONICS
    LG Plans its Own Digital Payment Platform, LG Pay

    Cash may be king, but having to deal with it is one of the biggest inconveniences for a small business. It is labor intensive and carries with it a lot of security risks. So the addition of one more smartphone manufacturer – LG – entering the mobile payment segment will be welcomed by businesses and […]

  • NEWS
    New LG Smartphone Added to the G3 Line Has a Stylus Pen

    LG Electronics Mobile Communications Company is getting set to introduce a new smartphone to the G3 line it introduced earlier this year. The latest advent of this series will feature a stylus pen, according to new information from the company. The announcement comes just days ahead of LG’s official unveiling of the aptly-named G3 Stylus […]

  • ELECTRONICS
    Sneak Peek: LG V10 Phone Has “Ticker” Screen

    Smartphone manufacturers are continuously trying to differentiate themselves by introducing features they think customers will like. Taking a look back at what has been a hit and a flop shows it is not an exact science. One of the specs that is currently undergoing a lot of innovation is the screen because it plays such […]