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LG's Profit Falls on Weak TV Demand, Handset Costs

July 24, 2013 9:33 am | by Youkyung Lee,AP Technology Writer | News | Comments

LG Electronics' latest quarterly report underlined challenges facing global electronics makers as weak TV demand and stiffer competition in smartphones undermine profit. The results Wednesday showed an 8 percent decline in April-June net profit to 155.5 billion won...

LG Teases Possible Fingerprint Scanner for G2 Smartphone

July 23, 2013 11:20 am | by Ben Munson | News | Comments

Late yesterday LG sent out invitations for its August 7 event to unveil its new G2 smartphone. The image accompanying the invite certainly looks like it’s hinting at fingerprint scanning technology for the phone. The picture shows the reflection of a finger pressing against a small panel on the back of the phone. Lighted up and down arrows above and below the panel seem to confirm rumors of a rear-mounted volume controls.

LG Exec: Company Not Making Next Nexus Phone

May 28, 2013 10:26 am | by Ben Munson | News | Comments

LG’s European vice president Kim Wong said his company isn’t planning on making the next Google Nexus handset. Speaking with All About Phones, Kim cited LG’s wish to push its own version of the Android operating system as a reason to move away from the Nexus, which runs stock Android.

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LG Electronics Profit Plunges on Slow TV Sales

April 24, 2013 9:54 am | by Youkyung Lee, AP Technology Writer | News | Comments

LG Electronics Inc. said Wednesday its first quarter earnings shrank to less than one tenth of the year-earlier quarter as its TV business languished, masking a recovery in mobile phone sales. It forecast higher profit for the current quarter as new smartphone models and a revamped lineup of TVs hit shelves in global markets.

LG Display Logs Small Profit in Q1

April 22, 2013 10:14 am | by Youkyung Lee, AP Technology Writer | News | Comments

SEOUL, South Korea (AP) — South Korean panel giant LG Display Co. said Monday that it logged a small profit in the first three months of the year, reflecting slackening orders from its key client, Apple Inc., during a typically slow period for consumer electronics.

LG Acquires WebOS From HP

February 26, 2013 10:30 am | by Ben Munson | News | Comments

The Korean electronics company just acquired HP’s now defunct mobile operating system and plans to implement the platform in connected home appliances. With the deal, LG gets the source code and an HP team of engineers who work with WebOS, as well as patents HP acquired when it bought the operating system from Palm.

LG to Release Full HD Smartphone in S. Korea

February 19, 2013 9:22 am | by Youkyung Lee, AP Technology Writer | News | Comments

SEOUL, South Korea (AP) — LG Electronics Inc. said Monday its new smartphone with a full high-definition screen will go on sale in South Korea this week before hitting shelves in Japan in April. The Optimus G Pro smartphone features a 5.5-inch screen that packs over 2 million pixels, or twice as many as smartphones with HD screens.

First News Briefs for January 31, 2013

January 31, 2013 9:21 am | by Wireless Week Staff | News | Comments

MetroPCS Communications, Inc. today announced the launch of the Spirit 4G, a 4.5-inch touchscreen Android smartphone from LG Electronics. The Spirit 4G features  4G LTE connectivity for $199 after mail-in rebate with no annual contract.

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LG Display Posts Profit but iPhone Dims Outlook

January 24, 2013 9:44 am | by Youkyung Lee, AP Technology Writer | News | Comments

LG Display reported a $299 million profit for the fourth quarter Thursday thanks to mobile product launches by key customers including Apple Inc. but warned that earnings will decrease in the current quarter as demand for iPhones wanes...

Report: Apple Edges LG in OEM Market Share

January 3, 2013 2:59 pm | by Ben Munson | News | Comments

Fully 18.5 percent of U.S. mobile subscribers used Apple devices, according  to ComScore's new three-month study, which covers the period from August through November 2012. Apple barely edged out LG, which took 17.5 percent in the same study. Motorola and HTC both saw small share declines, dipping to 10.4 and 5.9 percent, respectively.

First News Briefs for December 13, 2012

December 13, 2012 10:28 am | by Wireless Week Staff | News | Comments

Red Bend Software announced that LG Electronics has chosen Red Bend’s vRapid Mobile firmware over-the-air (FOTA) updating software and vDirect Mobile device management software for its new Optimus G smartphone.

LG Paying Microsoft Patent License Fees for Chrome, Android Devices

January 13, 2012 6:59 am | by Maisie Ramsay | News | Comments

The systemic weaknesses in Google's patents on its Android operating system has forced another handset manufacturer into a licensing agreement...

Report: Apple Tops Customer Satisfaction Rankings

September 9, 2011 8:12 am | by Andrew Berg | News | Comments

Apple and LG devices are tops with consumers according to J.D. Power and Associates...

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LG Continues Slide in Q2

July 27, 2011 8:08 am | by Andrew Berg | News | Comments

LG Electronics today reported disappointing second-quarter earnings, with net profits falling over 87 percent...

LG Slashes Smartphone Sales Target

July 8, 2011 8:08 am | by Andrew Berg | News | Comments

LG Electronics today slashed its smartphone sales target for 2011 from 30 million to 24 million.

LG Narrows Losses, Mobile Shipments Fall

April 27, 2011 8:27 am | by Andrew Berg | News | Comments

LG Electronics, manufacturer of flat panel televisions and mobile phones, today reported losses of $14.6 million in the first quarter.

AT & T Gets Prepaid Smartphone, the LG Thrive

April 13, 2011 8:16 am | by Maisie Ramsay | News | Comments

AT&T made a major move into the prepaid space yesterday when it announced it would begin selling the Android-based LG Thrive to its GoPhone customers.

MWC: LG Unveils 3D Optimus Pad for Germany

February 14, 2011 7:23 am | by Andrew Berg | News | Comments

LG today unveiled the V900 Optimus Pad at Mobile World Congress. The device is similar to the company's G-Slate tablet...

LG Electronics Posts $229 Million Quarterly Loss

January 27, 2011 6:56 am | by Kelly Olsen, AP Business Writer | News | Comments

LG Electronics reported its first quarterly loss in nearly two years as prices for flat screen televisions fell and devices like the iPhone provided stiff competition for its mobile phone business.

T-Mobile In Line for LG Honeycomb Tablet

January 6, 2011 7:28 am | by Andrew Berg | News | Comments

T-Mobile and LG Mobile Phones announced the upcoming availability of the Honeycomb-powered T-Mobile G-Slate, a new tablet device.

Dell, LG, Samsung Join Mobile TV Effort

January 4, 2011 7:32 am | by Maisie Ramsay | News | Comments

Four top consumer electronics manufacturers have joined a new mobile television forum created by the Open Mobile Video Coalition (OMVC).

LG Unveils Dual-Core Smartphone

December 16, 2010 7:17 am | by Andrew Berg | News | Comments

LG Electronics today staked its claim on the first dual-core smartphone, with the unveiling of the LG Optimus 2X.

LG Optimus One Sales Hit 1 Million

November 17, 2010 7:03 am | by Andrew Berg | News | Comments

LG Electronics yesterday announced that worldwide sales of its Optimus One Android smartphone have hit 1 million units...

Android Fuels Lawsuit Against LG, Samsung

November 17, 2010 7:00 am | by Maisie Ramsay | News | Comments

Internet technologies company Vertical Computer Systems has filed a suit against LG and Samsung...

Report: LG CEO Steps Down

September 17, 2010 8:24 am | by Andrew Berg | News | Comments

LG Electronics CEO, Nam Yong, has stepped down amid slumping mobile phones sales...

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