LG Electronics

LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment…

Bear Robotics, a robot waiter startup, just picked up $60M from LG

LG Electronics has opened its first electric vehicle (EV) charger facility outside of South Korea — in Fort Worth, Texas — to capture a share of North America’s competitive EV…

LG opens its first US EV charging factory in Texas 

LG Electronics plans to spend $39.5 billion (50 trillion won) in R&D, facility and strategic investment as it aims to reach $79 billion (100 trillion won) in sales by 2030,…

LG Electronics plans $39.5B investment to reach $79B in sales by 2030

LG Electronics said today it has released its non-fungible token (NFT) platform LG Art Lab, which lets users discover, buy, sell and trade NFTs on LG’s smart TVs. The announcement…

LG Electronics launches NFT platform that lets users buy and sell digital artwork

LG Electronics has acquired AppleMango, a South Korean electric vehicle battery charger developer, as the race to produce everything related to EVs ramps up globally. The acquisition, which was made…

LG Electronics is moving into the EV charging business

LG Electronics, the Korean tech giant that once was a leading player in mobile phones but is now winding down that business, is making an acquisition that points to its…

LG is acquiring automotive cybersecurity startup Cybellum in a $240M deal

French startup Molotov is better known for its TV streaming service in France. The company has attracted millions of users that use it to watch live TV, record movies and…

Molotov will provide infrastructure service to other OTT platforms

In case you haven’t heard, TC Sessions: Mobility is back for a second year. This one-day event, which will be held May 14 in San Jose, promises to feature some…

Maniv Mobility General Partner Olaf Sakkers is coming to TC Sessions: Mobility

What started as an accident has turned into a venture firm with a global reach and backing from some of the biggest corporations in the automotive and transportation industries. Maniv…

With global ambitions, VC firm Maniv Mobility raises $100 million from automakers, suppliers

As its once-strong mobile division continues to slide, LG is picking up its focus on emerging tech. The company has pushed automotive, and particularly its self-driving capabilities, and today it…

LG developed its own AI chip to make its smart home products even smarter

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…

Once a major name in smartphones, LG Mobile is now irrelevant — and still losing money

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…

Poor smartphones sales drag LG to first quarterly loss in 2 years

LG remains confident that it can turn the corner for its serially unprofitable mobile business despite the division racking up a loss of over $400 million this year so far. The Korean…

LG retains confidence in its mobile business despite continued losses

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…

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…

LG promises to speed up bringing Android updates to its smartphones

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…

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

LG announced plans for its own mobile payment service way back in November 2015, and today it finally went official with the launch. The LG Pay service is initially limited…

LG launches a mobile payment service in Korea

LG Electronics has posted its Q1 2017 results, which show a nearly 10 per cent year-over-year jump in revenue. The electronics maker is reporting KRW 14.66 trillion ($12.70BN) in revenue,…

LG reports ~10% sales bump in Q1, mobile revenues up 4% QoQ, 2% YoY

There’s less than a week to go until LG’s pre-MWC press conference, where the company is expected to lift the veil on a new flagship smartphone, the LG G5. But…

LG Outs Its Next Phablet, The Slender LG Stylus 2

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…

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

LG Electronics, which lost market share to Huawei and ZTE last year, aims to sell 40 million smartphones this year as part of its strategy to move away from basic…

LG Plans To Sell 40M Smartphones This Year As It Prepares Optimus G Pro Launch

In the electronics industry, it often seems like everyone is pretty much suing everyone over something, somewhere. This morning, I caught that Sony Corporation has apparently filed suit against LG…

Today, Netflix took another step away from its reliance on the U.S. Postal Service by announcing a partnership with LG Electronics.  Netflix wants to stream videos over the Internet right…