Global CTV platform NEW ID, a subsidiary of media group NEXT ENTERTAINMENT WORLD, has announced a global partnership with leading ad platform Unruly. NEW ID, which distributes premium South Korean entertainment content (K-Content) on connected TV (CTV) and over-the-top (OTT) platforms across Asia, Europe and the US, has chosen Unruly as its preferred global supply-side […]
LG Electronics is closing its mobile business unit to “focus on alternative growth sectors”. LG’s strategic decision to exit what it describes as “the incredibly-competitive” mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well […]
Samsung’s Tizen smart TV streaming platform further extended its lead in 2020 as the number of Tizen devices in use worldwide increased by 21 per cent year-on-year to 162.3 million, according to research from Strategy Analytics’ TV Streaming Platforms service. Strong growth was also seen in Google’s Android TV (+42 per cent), Roku TV OS (+40 […]
LG Electronics UK has shared the results of a new nationwide study which explores the British public’s spending and saving habits during lockdown, revealing the cost-per-use of everyday items. When it comes to quality content, people have more choice than ever before – and it shows. The average UK adult now spends 4.1 hours watching […]
Global sales of connected TV devices soared to a new record in Q4 2020, reaching 109.1 million units, according to research from Strategy Analytics’ TV Streaming Platforms service. According to the report, Amazon became market leader for the first time with sales of 13.2 million devices and a market share of 12.1 per cent. Samsung […]
FITE, the global platform for sports and entertainment, has announced that its OTT app is now live on LG Smart TVs globally (model years 2018-2021), including LG OLED TVs. The FITE app, offers an array of premium Pay Per View events, SVoD package options and free programming including the linear channel, FITE 24/7. Louis Lewow, […]
LG Electronics has announced the availability of its popular webOS TV platform ecosystem to other TV brand partners, disrupting the status quo in an industry known for its proprietary operating systems across different manufacturers. LG is now expanding its expertise beyond TV manufacturing to encompass webOS TV software platform development and adoption by other TV […]
Chinese electronics and TV giant Skyworth has apologised to South Korean LG Electronics for the – seemingly – deliberate misuse of LG’s world-beating ‘rollable’ OLED TV screens. LG complained over Skyworth’s US subsidiary (Skyworth USA Corp) misuse and Skyworth, in its statement, acknowledged its unauthorised use of the LG images during last month’s CES virtual […]
LG Electronics has announced a strong year with 2020 revenues of KRW 63.26 trillion (€46.5bn) and record-setting operating profit of KRW 3.20 trillion, an increase of 31.1 per cent over 2019, driven primarily by higher sales of premium home appliances and OLED TVs as well as strong growth in vehicle component solutions. Sales in the […]
LG Electronics has announced a partnership with Google to bring Stadia to its latest webOS smart TVs in the second half of this year. After Stadia comes to Google TV, LG will be the first TV manufacturer to natively support Stadia gameplay via webOS. Stadia on LG TVs will allow customers to instantly play hit […]