LG Electronics



LG was once a stalwart of the smartphone industry — remember its collaboration with Facebook back in the day? — but today the company is swiftly descending into irrelevance. The latest proof is LG’s Q1 financials, released this week, which show that its mobile division grossed just KRW 1.51 trillion ($1.34 billion) in sales for […]

Once a major name in smartphones, LG Mobile is now ...



We’ve written extensively about LG’s struggling mobile business, which has suffered at the hands of aggressive Chinese Android makers, and now that unit has dragged its parent company into posting its first quarterly loss for two years. The Korean electronics giant is generally in good health — it posted a $2.4 billion profit for 2018 […]

Poor smartphones sales drag LG to first quarterly loss in ...




Korean electronics giant LG is soaring to new heights, but its mobile division continues to lag well behind the rest of the company and the signs aren’t promising. LG’s latest financials released today recorded another quarter of success with operating profit jumping 16 percent year-on-year to hit KRW 771 billion ($715.1 million) as overall sales rose […]

LG Mobile’s losses continue but now sales are falling too


LG is making efforts to improve the user experience on its devices after it opened a “Software Upgrade Center” in its native Korea. The new lab will be focused on “providing customers worldwide with faster, timelier, smartphone operating system and software updates,” the company explained in a brief statement. The idea is to help get […]

LG promises to speed up bringing Android updates to its ...



 LG’s mobile business is in a sticky patch after the company admitted its flagship LG G6 smartphone hasn’t sold as well as expected. LG Electronics itself posted a business-wide operating income of KRW 664.1 billion (USD 588.2 million) on overall revenue KRW 14.55 trillion (USD 12.89 billion). While LG’s operating income rose by 14 percent year-on-year to outpace a four… Read More

LG says its flagship G6 smartphone isn’t selling as well ...





2016-culture-BEV-flipper-exterrior1-980x437_1 GM says the Chevrolet Bolt will travel 200 miles on a single charge and will be sold at an affordable price. But GM is not going at it alone. The Detroit automaker today announced a strategic partnership with LG, which will supply many of the systems around the car’s electric drive system. In a press release today GM says this partnership is an unprecedented supplier relationship for… Read More

LG To Supply Key Parts For Chevy’s Affordable Electric Vehicle