LG Electronics’ South African plant looted Looters attack a plant of South Korea’s LG Electronics Inc. in Durban, South Africa, on July 12, 2021, as rioting triggered by the imprisonment of the country’s former leader, Jacob Zuma, continues to spread, in this provided photo. (Yonhap)
There is now one less major mobile phone manufacturer:
In this advertisement photo from Dec. 13, 2005, a model shows LG Electronics’ “chocolate phone,” which had become a major hit. Yonhap
LG Electronics said Monday it will withdraw from the mobile business after years of money-losing performance amid intensifying competition with bigger rivals.
The South Korean tech powerhouse said in a regulatory filing that its mobile communications (MC) unit will no longer produce and sell handsets after July 31, citing its long slump and fierce competition in the industry.
This photo shows a concept baby carriage, which the Ulsan National Institute of Science and Technology (UNIST), has made. The stroller won the grand prize at the 2016 SPARK International Design Awards. UNIST provided this photo. (Yonhap)
Using only an LG Electronics cordless vacuum cleaner, two-time U.S. rock climbing champion Sierra Blair-Coyle scales a 33-story skyscraper in Songdo, west of Seoul, on April 27, 2016, in this photo provided on May 23 by the company. LG said the 22-year-old female climber has succeeded in climbing the 140-meter-tall building carrying two LG Cord Zero Cykings on her back and using their suction power. (Yonhap)
A model shows off two new inverter dehumidifiers, manufactured by LG Electronics Inc., during a publicity event in Seoul on May 3, 2015, in this photo released by LG on May 4. The two products have the largest capacity of 17 liters among dehumidifiers available in South Korea. (Yonhap)
Models showcase LG Electronics Inc.’s latest G Flex 2 smartphones with curved display at an event in Seoul on Jan. 22, 2015. The G Flex 2, with a Full HD 5.5-inch display, will become LG’s second smartphone that boasts a display curving inward from top to bottom and slightly from right to left, though slightly smaller than its 6-inch predecessor. (Yonhap)
It looks like Google is serious about pushing for a near term release of their self driving car technology. I can see this probably being a custom option available to customers just like Ford currently has the automatic parking feature in some of their vehicles:
LG Electronics Inc. said Thursday it will supply battery packs to the self-driving cars to be launched by U.S. Google Inc. a move that wil certainly help South Korea’s No. 2 tech giant tap deeper into the automobile industry.
“We have been conducting various projects with Google as a strategic partner. Our automotive technology will now be applied to Google’s self-driving cars,” an LG official said.
A battery pack is a set of any number of individual battery cells.
Google said it will also partner with U.S. automaker General Motors Co., Japan’s Toyota Motor Corp., Germany’s Volkswagen AG and Daimler AG, and join forces with chipmaker Nvidia Corp. and German automotive technology giant Bosch as well.
Earlier this month, LG said its chief has discussed possible business tie-ups with the head of Mercedes-Benz. The company launched the Vehicle Components Division by regrouping its business sectors in 2013 in line with its efforts to tap new sources of profits. [Yonhap]
Shown is the outdoor signboard of LG Electronics Inc. set up at Riyadh International Airport in Saudi Arabia. LG said on Sept. 19, 2014, the 250-meter-long, 12-meter-wide structure has been approved by the Guinness Book of Records as the biggest outdoor signboard. (Yonhap)
This is an example of how absurd the competitive between Korean companies can get when things get this petty:
Samsung washing machine image via Flickr user SamsungTomorrow.
Following recent news that Korean alcohol company execs personally orchestrated a rumor-mongering campaign against the competition on Korean home turf, the bizarre story of an LG executive allegedly vandalizing Samsung-made washing machines in two Berlin appliance shops earlier this month leads one to question whether the country’s highly-competitive industries are taking it all a little too seriously.
On September 3rd, sales staff at the two different appliance shops in Berlin found five display models on the showroom floor with broken doors. The sales staff called local police after CCTV allegedly showed Jo Seong-jin, the president of the Home Appliance Division of LG Electronics, heavily leaning on the door hinges of the Samsung Crystal Blue washing machines so that they would be unable to close properly. The LG team was in town for the 2014 IFA electronics show. [Busan Haps]
