2024-10-15
LG Electronics announced a strategic plan to focus on its Business Solutions division, with an aim to double its sales to $7.5 billion by 2030. The division is in charge of businss-to-business (B2B) and signage displays, commercial TVs, IT devices such as laptops and monitors, robots and EV chargers.
LG says that for its commercial and signage displays, it will focus on premium fine-pitch LED displays, which include its microLED Magnit models. Indeed LG says that "MAGNIT Micro LED display will be at the forefront of this expansion". The com...
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2024-09-18
On the 8th (local time) at ‘IFA 2024,’ attendees are seen playing games on a Samsung screen. [Courtesy of Samsung Electronics Co.] South Korea’s top two electronics makers, Samsung Electronics Co. and LG Electronics Inc., attracted large numbers of visitors throughout the opening day of IFA 2024. Europe‘s largest consumer electronics trade show kicked off on Friday local time in Berlin, Germany. Samsung Electronics had prepared the largest exhibition space of 6,017 square meters in the industry, but there were barely any room to move,...
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2012-11-21
Samsung has filed a patent invalidation lawsuit against LG in an intellectual property (IP) tribunal in their homeland.The former now asks the tribunal to invalidate several LG OLED patents and consequently drop the patent infringement case. In early September, Samsung claimed LG stole its company secrets by luring former Samsung employees to join LG. Later that month, LG claimed in a lawsuit that five Samsung devices, including the Galaxy S and the Galaxy Tab, infringed its OLED patents. Additionally, Samsung and LG have been bitter rivals even befo...
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2012-07-10
LG Electronics has failed in the first round of a trade dispute brought by Siemens unit Osram unit over patents covering LED lighting technology. According to U.S. International Trade Commission Judge David Shaw said in a notice posted on the agency’s website, LG and LG Innotek Co. infringed one Osram patent for LEDs while a second patent wasn’t infringed. The reasons behind the judge’s determination will be made public after both sides get a chance to redact confidential information. The patent found to be infringed relates to a semicondu...
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2011-06-20
Currently, LG Electronics has launched five new models of LED-backlit LCD televisions in Japan, two featuring the company’s proprietary “Nano Lighting Technology”; and three “Cinema 3D” models based on its FPR (film-type patterned retarder) passive 3D technology. With the moniker “Nano Full LED”, the LG LZ9600 series offers an ultra-slim design with a thickness of just 8.8mm which gives the HDTVs a sleek and minimalistic appearance. Two screen sizes are available: the 47-inch LG 47LZ9600 and the 55-i...
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2011-06-20
LG Electronics has installed its LED lights and a dedicated lighting control system in its Twin Towers headquarters buildings in Seoul, which is considered as one of the world's largest LED lighting installation. According to LG, in a year, the lighting systems on both buildings will save a total of 1,717 MWh of electricity, for a 53% saving over equivalent buildings using conventional fluorescent lighting technology. LG also estimated that its lineup of lighting solutions provides energy savings ranging from 20-80%, and can last five to ten times lon...
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