SEOUL, Oct. 3 (Korea Bizwire) – While ‘social distancing’ was the dominant trend during the COVID-19 pandemic, with the pandemic now behind us, there’s a rising interest in ‘on-the-go’ items as more people embark on camping trips and road journeys. During the pandemic, the electronics industry introduced products tailored to the behavioral patterns and routines of [...]
SEOUL, Sept. 27 (Korea Bizwire) – In a groundbreaking test of terahertz (THz) band wireless data transmission within the 6G spectrum, LG Electronics has achieved a remarkable feat, successfully transmitting and receiving data over a distance of 500 meters in an urban environment, setting a new world record. The impressive results of this achievement were announced [...]
SEOUL, Sept. 19 (Korea Bizwire) — LG Electronics Inc. said Tuesday it held a global conference aimed at enhancing its smart TV content and platform business. The South Korean tech company said some 300 content developers and business partners from 30 countries attended the webOS Partner Summit, held at LG Science Park in western Seoul, [...]
SEOUL, Sept. 12 (Korea Bizwire) — An increasing number of companies are taking proactive steps towards establishing resource recycling systems. On Monday, LG Household & Health Care announced a significant initiative in which the company will utilize paper crafted from recycled aseptic drink boxes for its cosmetics and toothpaste packaging. Aseptic boxes are typically employed as [...]
SEOUL, Aug. 11 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. said Friday they will attend IAA Mobility 2023, an annual global mobility show to be held in Germany, for the first time, in a step seen as an attempt to gain a bigger share in the fast-growing electric vehicle (EV) parts market. [...]
SEOUL, Aug. 11 (Korea Bizwire) — South Korean cosmetics and household goods maker LG H&H Co. said Thursday its Toothbrush Diet Project had won the top prize in the packaging design category at the Red Dot Design 2023 awards. Through the incorporation of a lengthened handle and purposeful gaps between the handle and the body [...]
SEOUL, Aug. 8 (Korea Bizwire) — Samsung Electronics Co. and LG Electronics Inc. are poised to introduce a fresh array of offerings at IAA Mobility 2023, slated to take place from Sept. 5-10 in Munich, Germany, aimed at establishing dominance in the automotive electronics market. Samsung’s device solution (DS) division, responsible for the chip business, [...]
SEOUL, July 19 (Korea Bizwire) — LG AI Research, the artificial intelligence lab under LG Group, unveiled the second generation of its giant, multimodal AI model Wednesday, accelerating its efforts to become a force to be reckoned with in the increasingly competitive global AI race. The EXAONE 2.0 operates faster and more efficiently and saves [...]
SEOUL, July 12 (Korea Bizwire) — A dispute over “idea theft” between startup Prinker Korea Inc. and cosmetics giant LG Household & Health Care Ltd. has been resolved through a win-win agreement. The dispute arose when Prinker Korea claimed in February that LG H&H had released a tattoo printer product by stealing the idea of [...]
SEOUL, May 26 (Korea Bizwire) — South Korea’s Hyundai Motor Group and LG Energy Solution Ltd. said Friday they will invest 5.7 trillion won (US$4.3 billion) in a battery cell plant in the United States in the latest move to better deal with the Inflation Reduction Act (IRA) amid growing demand for electric vehicles. The [...]