LG Electronics has been asked to reconsider its plan to move some of its TV productions in South Korea to Indonesia by the city that hosts them.In a statement published Monday by Jang Seyong, the mayor of Gumi City, North Gyeongsang Province, the move was described as a "pity for the people of South

LG Electronics has launched Q61 smartphone in South Korea, the company said.It is a low-budget model, costing 369,600 won. It packs a16-megapixel (mp) punch-hole front camera. The smartphone has a quad camera on its rear __ a 48mp main camera, a 8mp wide-angle camera, a 5mp depth camera and 2mp macr

LG Electronics will shift some of its TV production in South Korea to Indonesia, the company announced Wednesday.Two of the six production line in Gumi, South Korea will be shifted to the company’s Cibitung plant to the Southeast Asian country.LG said the shift will boost efficiency of its global TV

A senior LG Electronics executive talked up the design of the company’s latest flagship smartphone, LG Velvet, claiming the handset offered something different than the “uniform design” currently offered by rivals. Kim Young Ho, an executive at LG’s design lab for its mobile business, especially hig

LG Electronics’ Mobile Communication division appears to be pondering for a solution amid sluggish smartphone sales at its key market, North America. Its ODM strategy in China is also facing setbacks, triggering speculation that the company may be further cutting down the workforce.The LG affiliate’

LG Electronics forecast a decline in OLED TV production in the second quarter of this year due to foreseeable declines in demand due to the coronavirus pandemic.During an earnings report on April 29, Ha Jin-ho of LG’s Home Entertainment business said such adjustments were “inevitable” given the curr

LG Innotek is going to discontinue BLU(Backlight Unit) LED business, with Wooree E&L and Seoul Semiconductor grabbing the BLU LED sales opportunities, according to industry sources on April 21.BLU LED are necessary light sources for LCD panels. They are used in LCD TVs, laptops, monitors and others.

5G-enabled smartphones are expected to account for up to half of the smartphones sold in South Korea in2020, according to market research firm Counterpoint on April 9.The firm said up to 8.4 million 5G smartphones will be sold this year, which is around 48% of the projected smartphone sales for 2020

LG Group’s fabless chipmaking unit Silicon Works will be commercializing the ARM Cortex-M3 based microcontroller unit (MCU) it developed in 2019 in a move marking its venture into the digital semiconductor markets, according to industry sources on Mar. 19.The chips will be produced by Taiwan’s TSMC,

LG Chem Vice Chairman Shin Hak-cheol stressed the importance of merit-based R&D and the protection of corporate intellectual property at a regular shareholder’s meeting on Mar. 20.“Economic uncertainties are expected to snowball as the coronavirus continues to spread,” Shin said. “But we won’t be de

Samsung Electronics is planning to ship up to 8 million QLED TVs this year, up nearly 50% from last year’s 5.3 million in a bid to widen its gap with key rival LG Electronics in the high-end TV market, according to industry sources on Feb. 27.Samsung’s market share in the global QLED market was arou

LG Electronics will be releasing different tiers of 5G smartphones this year depending on the region and demographics, according to the company on Jan. 30. The high-end LG V60 ThinQ will be sold only in the North American and European markets.“We plan on focusing on different strategies for differen

Chinese smartphone parts maker JNTC is to supply curved cover glass to Huawei’s premium smartphone P40 Pro, according to industry sources on Jan. 28. Back at home, JNTC is preparing to get listed on the tech-heavy Kosdaq market in March this year.The OLED panels for the P40 Pro will come from LG Dis

In 2020, the domestic PCB market is expected to shrink by 1.5%, indicating that less smartphone boards would be sold than semiconductor boards.The Korea Printed Circuit Association (KPCA) said on Jan. 14 that local PCB market would fall 1.5% to KRW 9.75 trillion. In terms of production, the total vo

More Chinese battery makers are being added to the supplier portfolio of Korean smartphone makers such as Samsung Electronics and LG Electronics that are increasingly pursuing ODM smartphones.Industry sources said on Jan. 6 that companies like ATL and BYD are mass producing the batteries they plan t

Samsung Electronics plans to ship 45 million or more 5G-enabled smartphones this year in a move that would trigger heated competition between the South Korean tech giant and China’s Huawei, according to industry watchers on Jan. 7.The 45 million-plus figure is nearly 7 times that of the 5G smartphon

The first Samsung smartphone created via ODM by Chinese company Huaqin was unveiled on Dec. 18. The Galaxy A01 was applied with the Qualcomm Snap Dragon 439 and 2GB RAM.It runs on the Android 9.0, weighs 168g and costs under $200. Specs include a 5.7-inch Infinity-V display, a rear, dual-camera of a

From 2017 to 2019, revenues from Japanese display equipment makers took up half of the market, according to market research firm IHS Markit on Dec. 13. South Korean equipment makers, on the other hand, accounted for just 25%.During these three years, the display equipment market was worth KRW 63.6 t

LG Electronics on Nov. 28 underwent a reshuffling for the new year that included naming Kwon Bong-suk as CEO and promoting a total of 49 employees.The key point was replacing the current chief executive with Kwon based on the conviction that it was time for a change to make fast, strategic decisions

LG Innotek on Nov. 28 said in a regulatory filing that it was shutting down its PCB business as of Dec. 31 this year on account of declining sales. It also said that parts of the PCB business would be strategically reinvested into the semiconductor board business.These measures are to streamline its