LG Electronics has announced third-quarter 2020 consolidated revenue of KRW 16.92 trillion (€12.18bn) and operating profit of KRW 959 billion. Both sales and profits were the highest for a third quarter in 62-year history of LG Electronics. Led by strong growth in home appliances and home entertainment, overall sales increased 7.8 per cent and operating […]
LG Display has moved into the black and its first operating profit for some time having reported 7 previous quarters of losses. LG said it could report an operating profit of 164.4 billion WOn (€122.6 million), on the back of its heavy expense control efforts, increased OLED sales and price increases in its LCDs. Revenues […]
South Korea’s electronics giant LG has begun selling its much-praised rollable OLED TVs. Available as part of its top-of-the-range Signature series the displays are now selling in South Korea, at 100 million Won (€73,600). The OLED-R screens measure 67” and come with a brushed aluminium plinth that can be engraved with the customers name. LG […]
LG Electronics has announced that Six-Time Formula One World Champion Lewis Hamilton has been signed to be the global ambassador for its LG Signature, the company’s premium home solutions brand. Hamilton will initially star in a new campaign to communicate the brand’s philosophy, ‘Art Inspires Technology, Technology Completes Art.’ “LG Signature is a brand that […]
LG Electronics (LG) is expanding its free content streaming service, LG Channels, to provide owners of its smart TVs in key markets with even more premium entertainment to enjoy at home. The expanded service will offer an impressive selection of viewing options to choose from, including a wealth of new, free content covering all things […]
LG Electronics (LG) is launching an integrated Amazon Music app for its OLED, NanoCell and smart LCD TVs produced between 2016 and 2020 for LG TV owners in key countries of Asia, Europe and the Americas. With Amazon Music, Prime members have access to two million songs and over one thousand playlists and stations at […]
The global population of TV and video streaming devices has now exceeded 1.1 billion, according to the latest analysis from Strategy Analytics’ TV Streaming Platforms service. The research, which tracks quarterly deployments of TV and video streaming devices across 27 major countries, finds that Samsung is the leading brand, with 14 per cent of devices […]
Samsung continued to dominate TV shipments globally during Q2 even though actual volumes shipped declined slightly compared with the same period in 2019. In the same period, Chinese multinational electronics brand TCL leapfrogged LG Electronics into the Number 2 spot. The latest update of the DiScien Monthly Global TV Shipment Report covers quarterly TV shipments […]
Watch4, the ad-supported TV on demand platform featuring movies, TV series, documentaries, news and sports available in Germany, Austria and Switzerland, and its sister UK service W4free, have launched in their respective territories on the XUMO-Powered service LG Channels, an ad-supported streaming TV service. The launches follow an aggressive content acquisitions strategy that has added […]
Sling TV, the US live streaming service, has added a feature that integrates free, local over-the-air (OTA) broadcast channels into the Sling TV guide on 2020 LG Smart televisions with webOS 5.0, without the need to switch inputs or applications. The channel tuning feature, available on all 2020 LG OLED and LG NanoCell TVs, allows […]