LG Stories
LG Display posts Q1 loss, sees brighter Q2
South Korea's LG Display Co Ltd posted on Thursday a steeper-than-expected quarterly operating loss due to weak LCD panel prices, but forecast improvements in prices and shipments as the sector slowly recovers.
LG Display posts Q1 loss on weak panel prices
South Korean flat-screen maker LG Display Co Ltd , posted on Thursday a second straight quarter of losses due to weak panel prices and depressed demand for electronics.
LG Display, Taiwan LCD makers set to narrow losses
South Korean flat screen maker LG Display and two Taiwanese rivals are expected to report another quarter in the red, but losses in January-March likely narrowed from the previous quarter, driven by booming sales in China.
Samsung Elec, LG Display expect difficult year
Samsung Electronics and LG Display, two of South Korea's top technology companies, are bracing for a very difficult year and remain cautious on any near-term recovery in the battered sector.
LG, Verizon unwrap LG Versa
Verizon Wireless and LG Electronics unwrap the LG Versa that features a three-inch touch screen and attachable QWERTY keypad this coming month.
Microsoft revamps mobile push, signs LG deal
Microsoft said on Monday it had signed a deal with LG Electronics, under which the world's third-largest cellphone maker will use Windows software in most of its smartphones.
LG to grow market share with cheaper phones
SEOUL - LG Electronics Inc, the world's No.3 mobile phone maker, aims to increase its global market share to at least 10 percent this year and boost low-cost phone sales, the head of its handset business said.
As shrinking consumer demand hits the mobile industry, LG expects deteriorating profits this year, but still targets a high single-digit percent profit margin on mobiles, against 11 perce...
LG to grow mkt share with cheaper phones
SEOUL - LG Electronics Inc, the world's No.3 mobile phone maker, aims to increase its global market share to at least 10 percent this year and boost low-cost phone sales, the head of its handset business said.
As shrinking consumer demand hits the mobile industry, LG expects deteriorating profits this year, but still targets a high single-digit percent profit margin on mobiles, against 11 perce...
LG to grow market share on low-cost phones
SEOUL - LG Electronics Inc , the world's No. 3 mobile phone maker, aims to increase its global market share to 10 percent or higher this year and boost low-cost phone sales, the head of its handset business said.
As shrinking consumer demand hits the cellphone industry, LG expects deteriorating profits this year but is still targeting a high-single-digit percent profit margin o...
Google's Android Phones Unveiled
The first phones to be loaded with Google's Android mobile software have been unveiled at the annual Mobile World Congress in Barcelona.
Google's Android software debuts in Barcelona
The first mobile phones fitted with Google's Android software platform made their debut at an industry trade show on Monday, a key advance in the struggle to bring the power of desktop computing to handsets.
Netflix, LG Offers Downloaded Movies on TV
In a move that could put more pressure on an already declining DVD market, Netflix, the online DVD rental company said Thursday they will allow users to stream movies and other programming to high definition TVs through a set top box.
LG.Philips surges amid stake sale talk
Shares in LG.Philips LCD Co Ltd surged on Friday on market talk Japan's Matsushita Electric Industrial was buying a stake in the South Korean flat screen maker, but both firms poured cold water on the talk.
LG.Philips hunts for stake sale to TV makers
South Korean flat-screen maker LG.Philips LCD is in talks with several major TV makers about taking a stake in the firm and does not rule out Japanese companies, a company executive said on Wednesday.
LG Elec Q3 net jumps on LCD venture, handsets
Appliance and handset maker LG Electronics Inc posted a better-than-expected 15-fold rise in quarterly profit on Tuesday, boosted by rising demand for displays and mobile phones.
Philips cuts stake in Korean firm in $2.2 billion deal
Philips Electronics is selling about $2.2 billion worth of shares in flat screen maker LG Philips LCD Co Ltd, reducing its stake to about 20 percent, a term sheet said on Wednesday.
LG.Philips LCD posts strong Q3, '08 outlook bright
South Korean flat-screen maker LG.Philips LCD Co. Ltd. posted its strongest profit in 13 quarters on Tuesday, helped by tight supplies and growing demand that is expected to keep the sector healthy through 2008.
LG.Philips LCD and Taiwan rivals to post strong Q3 profit
Flat screen maker LG.Philips LCD Co. Ltd. and two Taiwan rivals are set to post strong quarterly profits, and growing demand for flat screens and tight supply are likely to ensure a healthy market through 2008.
LG Elec shares gain on outlook, Qualcomm ruling
LG Electronics' shares surged 4 percent on Thursday, boosted in part by a U.S. court decision to stay an import ban on mobile phones containing Qualcomm chips, but analysts warned the impact would be limited.
LG cuts price of dual HD DVD player
South Korea's LG Electronics Inc introduced on Wednesday an updated version of its high-definition DVD player that supports both Blu-ray and HD DVD, offering a possible solution to the format war.
LG Electronics launches first premium camera phone
LG Electronics announced its first premium camera mobile phone on Thursday and an executive told Reuters the company aimed for 10-15 percent of this market segment within about a year.
Coke to buy stake in S.Korea bottling unit: source
Coca-Cola Co. has agreed to take part in LG Household & Health Care's acquisition of the South Korean bottling arm of Australia's Coca-Cola Amatil Ltd., a source familiar with the deal said on Wednesday.
LG Elec shares surge on strong earnings
Shares in handset and appliance maker LG Electronics surged as much as 7.6 percent on Friday, after the South Korean firm reported strong profits while bigger rival Motorola posted another quarterly loss.
LG.Philips swings to Q2 profit, outlook better
Flat screen maker LG.Philips LCD Co. Ltd. swung to a quarterly profit after demand began to pick up, ending a run of four straight losing quarters, and forecast further price gains for the third quarter.
LG.Philips faces hefty Q3 loss, turnaround in doubt
Flat-screen maker LG.Philips LCD. Co. Ltd. is expected to report a loss for the second quarter in a row, as it struggles with weak prices and high costs for its mainstay TV panels.
LG, Samsung Dominate TV Shipments
A new report reveals that Korean television manufacturers have supplanted other manufacturers, taking the number one and two spots in unit-shipment rankings for the second quarter this year.
Sharp visits LG.Philips as Philips seeks buyer: report
High-level executives from Japan's Sharp Corp. traveled to South Korea last week to visit LG.Philips LCD Co. Ltd., as Philips seeks a buyer for its 32.9 percent stake in the Korean LCD firm, Taiwan media reported on Friday.
Daewoo Electronics play hard to get, Videocon edgy
India's leading consumer goods manufacturer, Videocon, is within an arm's length to acquiring South Korea's third largest electronics company, Daewoo Electronics, but certain riders attached by the ailing company relating to its takeover may persuade the Indian company to give it a second thought.
Samsung Elec to post weak Q2, but recovery ahead
Samsung Electronics Co. Ltd. is set to report a 7 percent fall in quarterly profit on Friday on shrinking margins in mobile phones and flat screens, but analysts forecast a recovery in the second half.