South Korean LG Electronics Renounces Smartphones

TELEPHONY Long ranked among the top ten producers of smartphones in the world, LG Electronics was in the red on its smartphone division for 23 consecutive quarters due, in particular…

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LG And Magna Set up A Joint Company for E-Mobility

South Korea’s technology giant LG Electronics and the Canadian-Austrian automotive supplier Magna are founding a joint venture to build components for electric cars. As LG Electronics announced on Wednesday, the…

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LG Became the World’s No. 1 Consumer Electronics company

LG Earned Three Times more in the first half than Whirlpool… LG Electronics defeated Whirlpool and became the world’s No. 1 consumer electronics company in the first half. Despite the…

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LG Electronics Reduces Wages of Workers

Employees who fall into a Covid-19 risk group will have their contracts suspended. This measure was adopted in the face of the coronavirus pandemic and is valid as of Monday…

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