LG Electronics has reported revenues of 12.83 trillion won (US$ 10.51 billion) for the second quarter that ended June 30, 2020, which is down 17.9% compared to the same quarter last year. It posted profits of 495.4 billion won (US$ 405.65 million), down 24.1% YoY. “The resilient company managed its supply chain and cost structure to weather the storm of the global public health and economic crises,” said the company. Continue reading “LG’s Q2 2020 profits down 24.1% YoY, Mobile losses continue”
LG unveiled its LG VELVET smartphone back in May in an online event and it started rolling out in South Korea from May 15th. Now it has announced the roll out of the phone in the US at $599 (Rs. 44,660 approx.) from AT&T beginning today, July 22. It will be available from T-Mobile and Verizon later this summer. LG VELVET 5G UW with access to its 5G Ultra Wideband network and 5G low-band network will be available from Verizon later this year. Continue reading “LG VELVET with 6.8-inch FHD+ OLED display, Snapdragon 765 5G starts rolling out in the US”
LG has announced their new GX sound bar that is designed to be a perfect companion to their GX Gallery OLED Series TVs. It features support for Dolby Atmos, AI Sound Pro, Hi-Res Audio certification, DTX:S and more.
Continue reading “LG GX soundbar with support for Dolby Atmos and DTX:S announced”
Update: July 7, 2020 – LG will start taking orders for TONE Free (HBS-TFN6) wireless earphone in South Korea from 10th to 16th July priced at 199,000 won (US$ 166 / Rs. 12,435 approx.) with sale starting from 17th. Pre-orders get concept accessory case (one from 5 colours such as mint, pistachio, lemon, strawberry, and raspberry) and Starbucks key ring.
Over the past few years, LG has been really struggling in the smartphone space, unable to compete with the likes of Samsung and Apple. However, that may change early next year as LG is reportedly working on releasing the world’s first rollable smartphone, codenamed Project B.
LG unveiled its VELVET (LM-G900) smartphone Snapdragon 765 5G last month starting from the Korean market. Now the 4G version of the VELVET (LM-G910) has surfaced online revealing Snapdragon 845 SoC for the phone. The company recently introduced Style3 smartphone with Snapdragon 845 in Japan. Continue reading “LG VELVET 4G specs, live images surface — Snapdragon 845, 6GB RAM, Android 10”
LG launched the G8x ThinQ in India late last year and just weeks after the launch, the company offered a free 24-inch LED TV on purchase of the smartphone. Following that, now LG has come up with another offer where it will let users try the G8x ThinQ for 7 days before making the purchase. Continue reading “LG offers 7 days free trial of G8x ThinQ in India”
Traditionally, LG has only offered large sizes for their OLED TV lineup, however that is changing as they have announced the launch of a 48-inch variant of their CX series OLED TVs in select European and Asian markets. The TV supports many technologies like NVIDIA G-SYNC, HDMI VRR, Dolby Atmos and more.
Continue reading “LG rolls out 48-inch CX 4K OLED TV in select Asian and European countries”
LG has announced Q61, the company’s latest smartphone in the Q series in Korea. It was introduced for the global markets as K61 back in February this year. The phone features a 6.5 FHD+ Hole-In LCD screen with a 16-megapixel front camera, is powered by octa-core MediaTek Helio P35 processor, features quad-camera array consisting of a 48-megapixel main camera, 8-megapixel ultra-wide, 5-megapixel depth and 2-megapixel depth sensor. Continue reading “LG Q61 with 6.5-inch FHD+ Display, 48MP quad rear cameras, military-level durability announced”
Amidst COVID-19 pandemic, LG Electronics has announced that it is expanding its TV business with an eye on further diversifying its production footprint and stepping up capacity. Continue reading “LG to relocate TV production lines to Indonesia amid COVID-19 pandemic”
LG has announced Stylo 6, the company’s latest mid-range line up of smartphones with built-in styus and the successor of last year’s Stylo 5. The stylus designed for precision and accuracy lets you write, edit, doodle, sketch, color, and jot down notes on-the-go. It has a 6.8-inch FHD+ FullVision edge-to-edge display, triple rear camera system, Dual speakers and DTS:X 3D Surround for a rich audio experience. Continue reading “LG Stylo 6 with 6.8-inch FHD+ FullVision Display, Stylus pen, triple rear cameras announced”
LG already confirmed that LG VELVET on May 7th in an online event and also confirmed the specifications of the smartphone. Today the company has confirmed that the phone will be sold in South Korea 899,800 won (US$ 734 / Rs. 55,780 approx.) starting from May 15th and will start pre-orders from 8th to 14th May. Continue reading “LG VELVET with 6.8-inch FHD+ OLED display, Snapdragon 765 5G, 48MP triple rear cameras price revealed”
LG Electronics has reported revenues of 14.73 trillion won (US$ 12.45 billion) for the fourth quarter that ended March 31, 2020, which is down 1.25% compared to the same quarter last year. It posted profits of 1.09 billion won (US$ 921.47 million), up 21% YoY, making this only the second time in history when quarterly operating profit exceeded KRW 1 trillion, while net profit was up 88% YoY to 1086.7 billion won (US$ 717 billion). The 7.4 percent operating margin was the highest in LG’s history for a first quarter. This is due to strong performance in home appliance and TV businesses. Continue reading “LG Mobile losses continue in Q1 2020 despite 88% jump in overall profits; expects sales decline in Q2 due to COVID-19”
LG already confirmed that it will introduce its first mid-range 5G smartphone – LG VELVET on May 7th in an online event. Today the company has revealed the specifications of the smartphone that includes a 6.8-inch 20.5: 9 aspect ratio Cinema FullVision FHD+ OLED display with Waterdrop Camera that houses a 16-megapixel camera, Snapdragon 765G with support for 5G, 8GB of RAM and a Waterdrop Camera that is a design in which 48MP main + 8MP ultra-wide + 5MP depth triple rear cameras and a flash are arranged in a vertical direction as if water droplets are falling. Continue reading “LG VELVET specs confirmed — 6.8-inch FHD+ OLED Cinema FullVision display, Snapdragon 765 5G, 48MP triple rear cameras”
LG has finally confirmed its VELVET smartphone in an online event in Korea on May 7th before it goes on sale mid-May. The company posted a 15-second video invitation that visually shows the colours of the phone using four colour drops highlighting the ‘waterdrop camera’. Continue reading “LG VELVET with Snapdragon 765, curved design, Raindrop triple rear cameras to be announced on May 7”
