LG Electronics, which lost market share to Huawei and ZTE last year, aims to sell 40 million smartphones this year as part of its strategy to move away from basic handsets, said Park Jong Seok, the head of its mobile-communications division, before the Mobile World Congress in Barcelona. If the South Korean company hits its goal, this means LG’s shipments will rise 52 percent this year. LG sold… → Read More
In the electronics industry, it often seems like everyone is pretty much suing everyone over something, somewhere.
This morning, I caught that Sony Corporation has apparently filed suit against LG Electronics (right before CES, no less).
LG Electronics is the division of the LG conglomerate that markets and distributes the group’s home entertainment devices (TVs, Blu-ray disc players, DVD… → Read More
Today, Netflix took another step away from its reliance on the U.S. Postal Service by announcing a partnership with LG Electronics. Netflix wants to stream videos over the Internet right to your TV. Already, Netflix customers can stream movies directly to their PC. This partnership extends the service to their TVs. LG will bake Netflix’s video streaming service right into a future LG… → Read More
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