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Global Stories

LG Electronics (LG) stories

LG Electronics posts record Q3 revenue despite challenges

LG Electronics has achieved record third-quarter revenue of AUD $24.23 billion amidst ongoing global economic challenges.

By Shannon Williams • 3 min read • Thu, 31st Oct 2024

Customer Experience

LG Electronics ranks 97th in Best Global Brands 2024

LG Electronics has soared in brand valuation, ranking 97th in Interbrand's Best Global Brands 2024 report, valued at USD$6.5 billion, up 38.7% year-on-year.

By Catherine Knowles • 3 min read • Thu, 17th Oct 2024

Digital Transformation

LG Electronics outlines Future Vision 2030 at investor forum

LG Electronics reveals ambitious Future Vision 2030 strategy, aiming to transform into a Smart Life Solution Company and achieve Triple Seven targets.

By Catherine Knowles • 3 min read • Fri, 23rd Aug 2024

Manufacturing

LG expands smart factory initiative, targets multi-trillion KRW by 2030

LG Electronics aims to grow its smart factory initiative into a multi-trillion KRW enterprise by 2030, blending AI with decades of manufacturing expertise.

By Catherine Knowles • 4 min read • Thu, 25th Jul 2024

Software-as-a-Service

IGEL expands into IoT with LG partnership aimed at healthcare

IGEL partners with LG Electronics to venture into IoT, aiming to revolutionise healthcare with enhanced digital security and large-screen displays.

By Kaleah Salmon • 2 min read • Thu, 6th Jun 2024

Cybersecurity

LG Magna earns cybersecurity certification ahead of new regulations

LG Magna secures Cyber Security Management System certification ahead of new global regulations due July 2024.

By Shannon Williams • 3 min read • Wed, 27th Mar 2024

Clean technologies

Global smart TV shipments expected to drop in 2023, IDC reveals

Global smart TV shipments are expected to decrease by 5.5% in 2023, with zero growth in 2024, according to the IDC, amid economic challenges and consumer demand shifts. However, the Indian market bucks this trend showing robust growth.

By Catherine Knowles • 3 min read • Fri, 29th Dec 2023

Smart Home

LG unveils advanced smart home AI agent for Zero Labour Home

The intelligent home manager, which integrates robotic, AI and multi-modal technologies, marks a step towards the company's vision of a "Zero Labor Home".

By Shannon Williams • 3 min read • Thu, 28th Dec 2023

Data Analytics

Azul appoints Dean Vaughan as VP

Azul appoints Dean Vaughan as VP to drive APAC expansion, investing in people and new product development to drive customer value.

By Zach Thompson • 2 min read • Fri, 19th Aug 2022

Digital Signage

LG to demonstrate new ways of using flexible OLED displays

LG will demonstrate its new flexible OLED technology at CES 2022, showing how it can create new and different experiences in the home.

By Ryan Morris-Reade • 3 min read • Tue, 28th Dec 2021

Financial results

LG Electronics Australia posts $15.8m profit for FY 2020

The company's New Zealand branch also received NZ$203,858 in wage subsidies from the New Zealand government during COVID-19 lockdowns in 2020.

By Staff Writer • 2 min read • Thu, 1st Jul 2021

Stories from Other Regions

LG Electronics (LG) stories

Smart Home

LG enters NZ HVAC market with smart air conditioners

LG Electronics enters the NZ HVAC market with smart split system air conditioners, featuring ThinQ technology and Smart Inverter Compressors, in partnership with Corys Electrical.

By Imee Dequito • 3 min read • Fri, 23rd Aug 2024

Artificial Intelligence

LG invests USD $10 million in SBVA's Alpha Intelligence Fund

LG Electronics pledges USD $10 million to SBVA's Alpha Intelligence Fund, targeting AI and deep-tech startup growth and future business innovation.

By Kaleah Salmon • 3 min read • Thu, 22nd Aug 2024

Robotics

LG Electronics sees record second-quarter revenue & profit

LG Electronics posted record second-quarter revenue of KRW 21.69 trillion (USD $15.82 billion) and operating profit of KRW 1.20 trillion (USD $875 million).

By Melania Watson • 4 min read • Tue, 6th Aug 2024

Gaming

LG unveils state-of-the-art UltraGear OLED gaming monitors in Australia

LG Electronics Australia unveils a trio of award-winning UltraGear OLED 800R curved gaming monitors, offering immersive, panoramic gaming experiences with superior performance to Australian gamers.

By Kaleah Salmon • 2 min read • Thu, 25th Apr 2024

Aged care

LG Electronics Australia partners with Care Messenger to transform elderly care

LG Electronics Australia targets the aged care industry with a new partnership with Care Messenger, aiming to enhance communication for Australia's booming elderly population.

By Kaleah Salmon • 3 min read • Wed, 27th Mar 2024

Digital Signage

LG modernises Sydney Dance Company with innovative tech upgrades

LG Business Solutions partners with Sydney Dance Company to transform historic Walsh Bay Wharf Studios, integrating state-of-the-art display and sound technology to enhance visitor engagement.

By Tom Raynel • 3 min read • Mon, 26th Feb 2024