LG Electronics

Bear Robotics, a robot waiter startup, just picked up $60M from LG

LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment in Bear Robotics, the Cali

LG opens its first US EV charging factory in Texas 

LG Electronics has opened its first electric vehicle (EV) charger facility outside of South Korea — in Fort Worth, Texas — to capture a share of North America’s competitive EV chargi

LG Electronics plans $39.5B investment to reach $79B in sales by 2030

LG Electronics plans to spend $39.5 billion (50 trillion won) in R&D, facility and strategic investment as it aims to reach $79 billion (100 trillion won) in sales by 2030, up from $51.4 billion (

LG Electronics launches NFT platform that lets users buy and sell digital artwork

LG Electronics said today it has released its non-fungible token (NFT) platform LG Art Lab, which lets users discover, buy, sell and trade NFTs on LG’s smart TVs. The announcement comes roughly eigh

LG Electronics is moving into the EV charging business

LG Electronics has acquired AppleMango, a South Korean electric vehicle battery charger developer, as the race to produce everything related to EVs ramps up globally. The acquisition, which was made j

LG is acquiring automotive cybersecurity startup Cybellum in a $240M deal

LG Electronics, the Korean tech giant that once was a leading player in mobile phones but is now winding down that business, is making an acquisition that points to its ambitions in another, emerging

Molotov will provide infrastructure service to other OTT platforms

French startup Molotov is better known for its TV streaming service in France. The company has attracted millions of users that use it to watch live TV, record movies and TV shows in the cloud, play p

Maniv Mobility General Partner Olaf Sakkers is coming to TC Sessions: Mobility

In case you haven’t heard, TC Sessions: Mobility is back for a second year. This one-day event, which will be held May 14 in San Jose, promises to feature some of the best and brightest engineer

With global ambitions, VC firm Maniv Mobility raises $100 million from automakers, suppliers

What started as an accident has turned into a venture firm with a global reach and backing from some of the biggest corporations in the automotive and transportation industries. Maniv Mobility, the Is

LG developed its own AI chip to make its smart home products even smarter

As its once-strong mobile division continues to slide, LG is picking up its focus on emerging tech. The company has pushed automotive, and particularly its self-driving capabilities, and today it doub

Once a major name in smartphones, LG Mobile is now irrelevant — and still losing money

LG was once a stalwart of the smartphone industry — remember its collaboration with Facebook back in the day? — but today the company is swiftly descending into irrelevance. The latest pro

Poor smartphones sales drag LG to first quarterly loss in 2 years

We’ve written extensively about LG’s struggling mobile business, which has suffered at the hands of aggressive Chinese Android makers, and now that unit has dragged its parent company into

LG retains confidence in its mobile business despite continued losses

LG remains confident that it can turn the corner for its serially unprofitable mobile business despite the division racking up a loss of over $400 million this year so far. The Korean company as a w

LG Mobile’s losses continue but now sales are falling too

Korean electronics giant LG is soaring to new heights, but its mobile division continues to lag well behind the rest of the company and the signs aren’t promising. LG’s latest financials r

LG promises to speed up bringing Android updates to its smartphones

LG is making efforts to improve the user experience on its devices after it opened a “Software Upgrade Center” in its native Korea. The new lab will be focused on “providing customer

The top smartphones of MWC 2018

Like CES, this week’s Mobile World Congress feels like a bit of a down year, now that the smoke has cleared. Perhaps its was fact that Samsung’s big news stole the show before it even bega

LG says its flagship G6 smartphone isn’t selling as well as expected

LG’s mobile business is in a sticky patch after the company admitted its flagship LG G6 smartphone hasn’t sold as well as expected. LG Electronics itself posted a business-wide operating i

LG launches a mobile payment service in Korea

LG announced plans for its own mobile payment service way back in November 2015, and today it finally went official with the launch. The LG Pay service is initially limited to the G6, LG’s flags

LG reports ~10% sales bump in Q1, mobile revenues up 4% QoQ, 2% YoY

LG Electronics has posted its Q1 2017 results, which show a nearly 10 per cent year-over-year jump in revenue. The electronics maker is reporting KRW 14.66 trillion ($12.70BN) in revenue, an increase

LG Outs Its Next Phablet, The Slender LG Stylus 2

There's less than a week to go until LG's pre-MWC press conference, where the company is expected to lift the veil on a new flagship smartphone, the LG G5. But the South Korean mobile maker has anothe
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