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LG Electronics sees 80 percent drop in fourth-quarter profit-…

SEOUL (Reuters) – South Korea’s LG Electronics Inc (066570.KS) said on Tuesday its fourth-quarter operating profit likely plummeted 80 percent from the same period a year earlier, falling well below analyst expectations. The world’s second-biggest television s... More »

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South Korea’s LG Display says China approves its OLED factory plan

SEOUL (Reuters) – South Korean LG Display Co Ltd’s plan to build a new organic light-emitting diode (OLED) panel production facility in China has been approved by the Chinese government, the company said on Tuesday. The new China plant will be established thro... More »

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LG Electronics says second-quarter profit likely up 16.1 percent,…

SEOUL (Reuters) – South Korea’s LG Electronics Inc on Friday said operating profit likely rose 16.1 percent in April-June, albeit weighed down by higher marketing expenses for new products in its TV, smartphone and appliance divisions, analysts said. The world... More »

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Nokia says to get sales boost after patent ruling

Nokia (NOKIA.HE) 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. More »

LG Electronics says to invest in robot technology

People walk past a LG Electronics logo during the Mobile World Congress in Barcelona, Spain, February 25, 2016. REUTERS/Albert Gea/File Photo South Korea’s LG Electronics Inc said on Sunday it will aggressively invest in robots, seeking to capitalize on advanc... More »

LG Display sees signs of display market improvement

PAJU, South Korea South Korea’s LG Display Co Ltd is seeing signs of improvement in the display panel industry and expects its business performance to pick up in the second half of the year, the firm’s chief executive said. “There is a sign of things changing ... More »

LG Elec says to boost marketing spend in G5 sales push

SEOUL Smartphone maker LG Electronics Inc plans to boost marketing spend in a bid to lift sales of its new flagship handset, the South Korean firm’s mobile division chief said. LG is trying to establish itself as a top smartphone player with the G5, which was ... More »