Recent events
Recent events tied to this brand in public sources.
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2020
LG Electronics reports second-quarter 2020 results
LG Electronics released its second-quarter results, reporting operating profit of 495.4 billion won, down 24.1% year over year and 54.6% quarter over quarter, and sales of 12.8338 trillion won, down 17.9% year over year.
2020
LG announces GX soundbar
LG Electronics announced its GX soundbar. The new soundbar was set to roll out starting in July in Europe, North America, Asia and other key markets.
2020
LG announces planned rollable smartphone
LG Electronics was reported to be planning to launch a rollable smartphone in early 2021.
2020
LG K51 launches on Boost Mobile
LG Electronics launched its LG K51 budget smartphone on Boost Mobile in the United States. The article says it retails for $150 and was on sale for $90.
2020
LG Electronics sues Beko over alleged patent infringement
LG Electronics sued Beko in Germany, alleging infringement of its patented TrueSteam technology for laundry machines. The complaint filed with the Mannheim District Court also claimed that Beko subsidiary Arcelik made unauthorized use of LG’s laundry machine interface.
2020
LG unveils LG Velvet specifications ahead of launch
LG Electronics unveiled specifications for its LG Velvet smartphone ahead of an online launch event scheduled for May 7. The company said the handset would launch in South Korea on May 15.
2020
LG extends shutdowns at television factories in Mexico and Brazil
LG announced extensions to shutdowns at its television factories in Reynosa and Mexicali, Mexico, and at its Manaus factory in Brazil. The article reports that the Reynosa factory's planned restart was postponed to the 26th and the Mexicali shutdown extended by six days; it does not give a restart date for Manaus.
2020
LG announced a new naming strategy for its premium smartphones
LG Electronics announced that its upcoming flagship smartphone would be named LG VELVET and that it would stop using the G and V series alphanumeric names for premium smartphones, instead giving each device a separate brand name.
2020
LG announces temporary closures of two Indian factories
LG Electronics said it would close its Noida and Pune factories until the end of March.
2020
Arçelik files patent lawsuit against LG Electronics
Arçelik filed a patent infringement case against LG Electronics and its subsidiaries in France and Germany. Arçelik alleged that LG used its washing-machine “Direct Drive” technology under the name “6 motion” without a licence; this is an allegation, not a reported court determination.
2020
Viavi reaches patent settlement with LG Electronics
Viavi Solutions announced that it had reached a patent-infringement settlement with LG Electronics and LG Innotek over alleged use of Viavi optical-filter patents. The settlement terms were not disclosed.
2020
LG introduces TONE Free wireless earbuds in the U.S.
LG Electronics USA introduced the LG TONE Free true wireless earbuds; the product was set to be available for purchase beginning Jan. 11.
2020
LG introduces six ATSC 3.0-enabled OLED TV models in the United States
LG introduced six new OLED TV models equipped to receive ATSC 3.0 services in the United States. The models, with screen sizes from 55 to 88 inches, were announced at CES 2020.
2020
LG Electronics and Element AI announce AI research partnership
LG Electronics announced a strategic partnership with Element AI to research and develop advanced AI technologies for its home appliances and services.
2020
Luxoft launches HALO mobility concept with LG Electronics, Amazon and Mapbox
Luxoft, a DXC Technology company, announced that it had partnered with LG Electronics, Amazon and Mapbox to launch Luxoft HALO, a digital in-car consumer experience concept. The concept was scheduled to be formally presented at CES 2020 from January 7 to 10.
2020
Luxoft unveils Luxoft HALO shared mobility concept
Luxoft, in collaboration with LG Electronics, Amazon and Mapbox, unveiled Luxoft HALO, a shared mobility concept featuring an in-vehicle digital experience. The concept was scheduled to be formally debuted at CES 2020 on January 7–10 in Las Vegas.
2019
Luxoft unveils HALO shared-mobility concept
Luxoft, collaborating with LG Electronics, Amazon and Mapbox, unveiled Luxoft HALO, a shared-mobility concept featuring a digital in-vehicle experience. The concept was scheduled to make its formal debut at CES 2020 in Las Vegas from January 7 to 10.
2019
LG launches the G8X ThinQ smartphone in India
LG Electronics launched its G8X smartphone and an advanced ThinQ Dual Screen in India, priced at INR 49,999.
2019
LG announces voluntary clothes-dryer recall in South Korea
LG Electronics announced a voluntary recall of its clothes dryers sold in South Korea after customer complaints about a key component. The complaints included lint and dust accumulating in the condenser. LG said it would expand free repairs and proactively contact consumers to arrange service.
2019
LG Electronics partners with Plug and Play
LG Electronics joined forces with Plug and Play to work with startups in Plug and Play's Internet of Things vertical and identify and address industry trends.