AC mkt has been stagnant for past 2-3 years: LG officials

Last Updated: Wednesday, January 23, 2013, 15:52

"The market has been almost stagnant for the last 2-3 years due to delayed projects in the real estate sector," Saurabh Baisakhia, Business Head, Air Conditioners, LG India, said.

LG seeks to boost production facilities to bump up market share

Last Updated: Monday, January 7, 2013, 15:33

The firm said it would invest 20tn won in various subsidiaries, including LG Electronics, in 2013.

LG Electronics unveils world's first 55-inch TV

Last Updated: Wednesday, January 2, 2013, 17:47

To lead the next-generation Ultra HD TV market, the company plans to expand sales of the OLED TV to North America, Europe and Asia during the first quarter.

LG bets big on 3D display panels; eyes Rs 1000cr sales in 2012

Last Updated: Sunday, November 4, 2012, 12:38

Consumer electronics major LG India is working on clipping at 25 percent uptick in turnover at Rs 6,000 crore from the television vertical in this calender year, with focus on the 3D segment.

LG Electronics unveils 3D TV priced at Rs 17 lakh

Last Updated: Wednesday, October 24, 2012, 00:44

LG Electronics India Tuesday unveiled an 84-inch 3D TV priced at Rs 17 lakh, which would be available in the country from next month.

LG Electronics posts operating profit

Last Updated: Wednesday, July 25, 2012, 14:54

The quality of assets and earnings of banks in the emerging economies, especially India, is likely to weaken over the next 12-24 months owing to slower growth, global ratings agency Standard & Poor's said Wednesday.

LG to launch smart fridge that can detect stale food

Last Updated: Sunday, June 24, 2012, 17:12

The smart refrigerator will be efficient in terms of power consumption and will be priced at a 10 percent premium compared to other products.

LG Electronics posts first profit in three quarters

Last Updated: Wednesday, April 25, 2012, 13:37

LG Electronics Inc. posted its first profit in three quarters, beating expectations thanks to a revival in its mobile business and demand for high-end TVs.

LG reports handset profit after six-quarter losing streak

Last Updated: Wednesday, February 1, 2012, 12:36

South Korea's LG Electronics Inc, the world's No.2 TV maker, swung to a profit in the fourth quarter as its latest smartphone model helped its ailing handset unit post a small profit after six consecutive quarterly losses.

Microsoft reaches patent deal with LG

Last Updated: Friday, January 13, 2012, 11:44

Microsoft Thursday announced a patent licensing agreement with LG Electronics covering tablets, smartphones and other consumer devices running Google's Android or Chrome operating system.

LG's Q4 handset results improved, in talks on deals

Last Updated: Thursday, January 12, 2012, 14:50

LG Electronics Inc is engaged in talks with various parties on possible deals, the head of LG's mobile business said on Wednesday, as the world's No.3 handset maker seeks to turn around its struggling handset operation.