LG

    • Hyundai, LG invest over $1bn in joint EV plant

      Hyundai, LG invest over $1bn in joint EV plant

      The South Korean car maker Hyundai and LG Energy Solutions announced massive investments in a brand new plant, focused on making electric vehicles. The total envisaged investment accounts for 1.1 billion dollars and each partner will cover half of that cost, Reuters elaborated. The new joint venture will be locted in Indonesia and will establish a battery cell plant for electric vehicles.

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    • South Korean EV battery makers agree to end a $1.8bn row

      South Korean EV battery makers agree to end a $1.8bn row

      The leading South Korean producers of batteries for electric vehicles SK Innovation and LG Chem announced they had reached an agreement to end a $1.8bn worth painful dispute, Reuters reported. The deal will facilitate the efforts of the two firms t stay on top of battery developments. LG Energy Solution, a wholly owned subsidiary of LG Chem, and SK Innovation also agreed to drop all litigation in the United States and South Korea and not to sue each other for 10 years, after the core dispute had threatened the EV plans of Ford and Volkswagen.

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    • LG officially shutting down worldwide mobile phone business

      LG officially shutting down worldwide mobile phone business

      As widely rumored for the past few weeks, the South Korean electronics manufacturer LG is closing its loss-making mobile phone business. The board of directors approved officially the move on Monday, LG Electronics said in a statement released in Seoul. The shutdown of LG's mobile phone sector - the smallest of its five divisions, accounting for about 7% of revenue - is now expected to be wound down by 31 July.

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    • LG may shut down its smartphone business

      LG may shut down its smartphone business

      The history of LG’s smartphone division has been one of constant ups and downs, but in the last few years, failure and tragedy have prevailed. Their constant attempts to innovate and shake things up with super weird, but also cool concepts like the LG Wing or the LG Rollable have fascinated fans, tech geeks and made headlines, but it seems that they have failed to really make a profit.

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    • CES 2021: Wilder, weirder, bolder than ever 

      CES 2021: Wilder, weirder, bolder than ever 

      The dust has settled after the conclusion of CES 2021, the world’s largest event for consumer technologies and a deserved candidate for one of the year’s most exciting events. Still hyped about it, we decided to share with you the technologies that struck us the most and continue to occupy our thoughts! 

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    • CES 2021: Rollable smartphones? Shut the front door!

      CES 2021: Rollable smartphones? Shut the front door!

      Yes, we know - the title says it all! First, lets turn the clock back two years to 2019, when the foldable hype was at a fever pitch. Samsung kicked things off with an early look at its Galaxy Fold, followed a few days later by Huawei's Mate X. Motorola capped off the year with the Razr. Things were supposed to ramp up in 2020, with more foldables coming, and this forecast turned out to be true. But the early activity at this year's weirdest CES suggests we may be notice far more breakthroughs and mind-blowing concepts in the smartphone industry.

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    • Qualcomm strikes new licensing deal with LG

      Qualcomm strikes new licensing deal with LG

      After extended negotiations and a lawsuit that threatened to “impact the entire 5G market,” Qualcomm, the world's largest seller of smartphone chips, said it had entered into a licensing deal with LG Electronics that will continue the South Korean company’s access to the US chipmaker’s 3G, 4G, and 5G cellular modem technologies.

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    • The eye-popping gems of CES2019

      The eye-popping gems of CES2019

      The largest technology conference in the world - Consumer Electronics Show CES 2019, kicked off the year with a mouthwatering look at all the juicy cutting edge tech we can expect to follow. Covering over 2.9m square feet, the show presented to over 190, 000 attendees many evolutionary gadgets and technologies with the potential to change the lives of billions of people. With the nearly 1,200 new startups debuting products at the show, CES also became the largest incubator in the world.

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    • Sprint, LG deliver together first 5G smartphone in the US

      Sprint, LG deliver together first 5G smartphone in the US

      One of the biggest US wireless carriers Sprint has announced intentions to work with tech giant LG to release a 5G smartphone for Sprint’s nascent next-generation network sometime in the first half of 2019. Currently, there are no concrete details for the device other than the vague release date of the first 5G smartphone in the US and the fact that LG will be making it, but the companies said they would have more information on device specifications and exact timing of the launch at a later date.

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