Hi-end tellies and mobile demand
LG Display has seen an 80 percent surge in quarterly profits just ahead of expectations, helped by strong demand for its screens used in high end TV sets as well as mobile devices.
Will get a one off payment
Nokia will start to book additional revenue from the current quarter after a ruling by an arbitration court on payments from South Korea’s LG Electronics (066570.KS) for using its smartphone patents.
LG V30 is a faster and closer to Samsung and Apple
LG announced its newest flagship smartphone, the LG V30, at a special event in the picturesque hamlet of Berlin.
Trying to buy Austrian car headlight maker ZKW
Troubled LG Electronics participated in a main bidding round to buy Austrian automotive light maker ZKW Group in a deal that could potentially fetch $1.2 billion.
Mobile losses climb
LG Electronics - formerly known as Lucky Goldstar -said continued losses in its mobile unit limited growth in second-quarter profit to 13.6 percent, as the firm prepares to release a handset in the third quarter which will sort out the mess.
A leaked snap of the ruggised Samsung Galaxy S8 Active shows it to look rather similar to LG's G6.
On home appliances and tellies, not the phones
LG Electronics said its first-quarter operating profit rose to its highest in nearly eight years on strong sales of home appliances and televisions, with revenue likely to increase in the current quarter.
Coming to 24 countries
LG has announced that its latest flagship, the LG G6, will be launching in Europe on April 24th.
G4 and V10 case started
Someone has started a class action for those affected by LG's bootloop problem with the G4 and V10.
Should pair up well
While there is still no precise date for LG G6 availability in the US, the company has a sweet deal for those that pre-order the new flagship smartphone as it will bundle it with the Google Home smart speaker.