LG Group
Consumer confidence jump sends US stocks higher
Feb 26, 2013 16:59 EST
US stocks closed decisively higher Tuesday following strong reports on consumer confidence and the housing market.
HP sells webOS to LG ahead of Android tablet
Feb 25, 2013 13:55 EST
Hewlett-Packard on Monday said it is selling its webOS mobile operating system to South Korean consumer electronics titan LG to use in Internet-connected televisions.
LG aims to sell 40 million smartphones in 2013
Feb 25, 2013 04:38 EST
LG Electronics on Monday set a global sales target of 40 million smartphones for 2013, as the South Korean firm seeks to expand its presence in a market dominated by bigger rivals such as Samsung.
LG unveils new full-HD smartphone
Feb 18, 2013 06:24 EST
LG Electronics unveiled Monday the latest version of its flagship smartphone, boasting a higher resolution screen aimed at gaining a technical edge over bigger rivals like Samsung.
LG Electronics net loss widens in Q4
Jan 30, 2013 02:56 EST
South Korea's LG Electronics said its net loss in the fourth quarter quadrupled from the previous year due to higher marketing costs, a stronger won and a one-off TV cartel fine.
TVs get bigger, bolder, smarter at CES show
Jan 08, 2013 22:36 EST
TV makers showing off their new wares at a huge trade fair will seek to dazzle consumers with bigger, bolder displays, and smarter technologies for consumers who want television to be a "multiscreen" experience.
LG begins sales of next-generation TV
Jan 02, 2013 06:14 EST
South Korea's LG Electronics launched Wednesday sales of its new television using a next-generation display that the company hopes will drive growth against giant rival Samsung.
S. Korea's LG to appeal EU fine for price-fixing
Dec 06, 2012 05:22 EST
LG Electronics vowed on Thursday to appeal against a European Commission fine of nearly 500 million euros ($653 million) for price-fixing, calling the penalty unfair and discriminatory.
S.Korea's LG to appeal European fine for price-fixing
Dec 05, 2012 23:05 EST
LG Electronics vowed on Thursday to appeal against a European Commission fine of nearly 500 million euros ($653 million) for price-fixing, calling the penalty unfair and discriminatory.
EU hits screen makers with record cartel fine
Dec 05, 2012 12:58 EST
The European Commission on Wednesday hit seven top TV and computer screen makers, including LG Electronics and Philips, with a record fine of 1.5 billion euros for running decade-long price-fixing cartels.
Record 1.5-bn-euro EU fine for screen tubes cartel
Dec 05, 2012 08:38 EST
European Union anti-trust authorities announced Wednesday a record fine for running a cartel, ordering seven companies including LG Electronics and Philips to pay nearly 1.5 billion euros ($1.9 billion) for jacking up the prices for TVs and computer screens for a decade.
EU fines screen tubes cartel 1.5bn euros
Dec 05, 2012 07:45 EST
European Union anti-trust authorities announced Wednesday a near-1.5-billion-euro ($1.9 billion) fine for companies in the TV and monitor tubes business found guilty of running a cartel for two decades.
Android extends global smartphone lead: survey
Dec 04, 2012 12:00 EST
Google's Android operating system will power more than two-thirds of smartphones sold worldwide in 2012, and will remain the dominant platform for at least the next four years, a survey showed Tuesday.
New Google smartphone sells out
Nov 13, 2012 15:46 EST
The latest Google smartphone sold out in some countries within an hour of its release on Tuesday.
LG accuses Samsung of infringing patents
Sep 27, 2012 03:25 EDT
South Korea's LG Display, one of the world's top flat-screen TV makers, said Thursday it had filed a patent infringement suit against Samsung Electronics over the use of advanced displays.
Samsung launches new oversized smartphone
Sep 26, 2012 10:14 EDT
Samsung launched Wednesday the newest version of its oversized smartphone Galaxy Note, just a week after Apple's iPhone 5 hit shelves, in an apparent bid to outpace its rival with a wider range of gadgets.
Thousands strike at Singapore firm in China
Sep 19, 2012 12:52 EDT
Thousands of workers at a Singapore-owned plant in China's commercial hub Shanghai staged a third day of strikes on Wednesday to demand more severance pay as the factory plans to move, strikers said.
Workers strike at Singapore firm in China: labour group
Sep 19, 2012 02:18 EDT
Thousands of workers at a Singapore-owned plant in China's commercial hub of Shanghai have gone on strike to protest against a plan to move the factory, a labour rights group said Wednesday.
Motorola unveils new smartphone in London
Sep 18, 2012 11:23 EDT
Motorola Mobility unveiled Tuesday its new Intel-powered RAZR i mobile phone, which it hopes will compete against Apple's iPhone 5 and Samsung's Galaxy S III in the competitive smartphone market.
S.Korea's LG Electronics launches new smartphone
Sep 18, 2012 02:02 EDT
LG Electronics launched on Tuesday its new flagship smartphone which will have to compete against a flurry of new products from rivals Apple and Samsung who currently dominate the global market.
Facts from the Wikipedia page:
| Type | Public (KRX: 003550) |
|---|---|
| Founded | 1947 in Busan, South Korea |
| Headquarters | Seoul, South Korea |
| Area served | Worldwide |
| Key people | Koo Bon-Moo, (Chairman & CEO) Yu Sig Kang, (Vice Chairman & Co-CEO) Juno Cho, (EVP, COO, & Director) |
| Industry | Conglomerate |
| Products | Electronics Chemicals Telecommunications |
| Revenue | ▲ $104.3 billion (115 Trillion KRW) (2008)[1] |
| Employees | 177,000 (2008)[2] |
| Subsidiaries | LG Electronics LG Display LG Chemical LG Telecom LG Powercom LG Twins LG Dacom |
| Website | LG.com |