LG Electronics has announced first-quarter 2024 consolidated revenue of KRW21.09 trillion (€0.014tn) and operating profit of KRW1.33 trillion. The company’s home appliance sector achieved record-breaking revenue and double-digit operating profit margins. The EV components sector, a key driver of future growth, continued its steady expansion. Both the TV and business solutions sectors experienced year-on-year sales […]
LG TV owners across European countries can gain access to new free ad-supported streaming television (FAST) channels, including Sony Pictures’ Sony One Channels, and a suite of channels from Lionsgate. With Sony One Channels now available in the UK, France, Italy, Germany, Spain, Sweden, Denmark, Norway and Finland, and Lionsgate channels available in the UK, […]
Brightcove, the streaming technology company, has announced the launch of its new player platforms for Roku, Samsung and LG Smart TVs. The launch of the new Software Development Kits (SDKs) has unlocked advanced features within Brightcove’s player framework, including content protection, monetisation and analytics reporting capabilities. “Brightcove is committed to helping media companies deliver engaging […]
Music streaming company ROXi is launching a range of linear music video channels on FAST (Free Advertising Supported Television). ROXi has selected Frequency to deliver the ROXi TV channels to FAST providers. LG is the first to roll out ROXi music video channels to UK consumers, with 10 already available on LG Channels. ROXi music […]
LG Electronics has announced the global launch of the LG StanbyME Speaker (model XT7S), the company’s latest portable speaker which works in harmony with an LG StanbyME lifestyle screen or as a standalone speaker that can be taken anywhere. LG says its StanbyME Speaker is for design-conscious individuals who relish streaming content and music at […]
LG Electronics is ramping up its strategic collaboration with Meta Platforms, aiming to expedite its extended reality (XR) ventures. The aim is to combine the strengths of both companies across products, content, services and platforms to drive innovation in customer experiences within the burgeoning virtual space. LG’s top management, including CEO William Cho and Park […]
LG Display has reported its Q4 numbers bouncing back into positive territory with its first operating profit in seven quarters, helped by rising shipments of panels for TVs and smartphones. LG Display, a major manufacturer of display panels, reported an operating profit of 131.7 billion won (€90.2 million) for Q4 2023, compared with an operating […]
Both LG and Samsung have showcased their latest ‘See Thru’ transparent displays at CES. LG’s Signature-brand OLED T models comprise a transparent screen with a rollable opaque film behind that LG describes as a “contrast screen” which creates the viewable and conventional OLED images. The appeal of the transparent screen is that with the contrast […]
LG Electronics has unveiled an array of new apps available on the company’s smart TVs to meet users’ individual preferences and interests. LG says its new LG smart TV services recognise unique learning needs and the desire for knowledge and personal growth. A notable addition to the services is Udemy, an online skill development marketplace […]
LG Electronics has announced organisational changes in another step towards achieving its Future Vision 2030 announced in July. The company says the changes “are being implemented to strengthen organisational capabilities and business competitiveness to realise the vision of transforming into a smart life solution company that connects and expands various spaces and experiences of customers […]