LG Electronics has announced third-quarter consolidated revenues of KRW14.92 trillion (US$14.54 billion), an increase of 7.4% on year, and operating profit of KRW461.3 billion (US$449.61 million), more than double the figure from the same period a year ago. LG said its earnings reflected strong performance from its mobile business which saw record smartphone sales in the third quarter at 16.8 million units.
NEW DELHI: Korean electronics major LG today expanded its smartphone portfolio with the launch of its new ‘G3 Beat’, priced at Rs 25,000 in India. “The consumer today wants the best of the features at an affordable price and with G3 beat, LG is offering one of the best device with premium features in this price range. After the successful launch of LG G3, we are now offering its sibling to our customers,” LG Mobiles India Marketing Head Amit Gujral said.
South Korean consumer electronics giants, Samsung and LG officially unveiled two new smartwatches on Thursday (28 August) – S Gear and G Watch R respectively. Samsung’s new S Gear wristwatch flaunts a big 2.0-inch super AMOLED screen and run on the company’s proprietary wearable platform Tizen. One striking feature of the S Gear is that it can act as a standalone calling device without being paired to a smartphone.
SEOUL, July 30 — It’s essentially an 11.6-inch Android tablet, but one that seems to think it’s a Chromebook or a laptop. For a start, it has a slide-out keyboard and behind the IPS display is a very potent Intel Haswell Core i5 processor. This is the sort of chipset usually reserved for notebooks like the 13-inch MacBook Pro, meaning that, from a performance aspect seeing as it’s just running Android, it’s like using a sledgehammer to tap in a nail.
LG’s 2014 marquee phone G3 can now be pre-booked at an online store in the sub-continent. Before the company could officially announce the release date of its flagship phone, a local e-commerce site, Infibeam has begun taking orders for LG G3 in India. The retailer has also disclosed the price of the 16GB and 32GB models – ₹46,990 (MRP: ₹49,990) and ₹49,990 (MRP: ₹54,990) respectively and adds that the delivery of the device would begin from 25 July.
SAP has inked a deal in Korea that will see local IT consulting firm, LG CNS, drive deployments of the German software vendor’s cloud platform HANA in the Asian market. Both companies said they are targeting to tap in-memory computing capabilities to offer processes that require batch processing in real-time, reported The Korea Times on Monday. The new partnership will see SAP HANA Enterprise Cloud Center (HEC) set up in LG’s cloud data center located in Busan. The IT consulting vendor is the services subsidiary of LG Group.
LG Electronics is expected to see its smartphone shipments grow 20-30% sequentially to 15-16 million units in the second quarter of 2014, buoyed by the brisk sales of its latest flagship model, the LG G3, according to sources at the handset supply chain in Taiwan. Sales of the LG G3 reached 100,000 units in the first five days in Korea since its launch at the end of May, the sources noted. The LG G3 sports a 5.5-inch QHD display, Qualcomm 2.5GHz quad-core Snapdragon 801 processor and 13-megapixel camera.
TAIPEI — LG Electronics Inc., the world’s fourth-largest smartphone maker, launched a downsized version of its G2 flagship model on Monday to extend its product portfolio in Taiwan to mid-tier 4G LTE smartphones. The G2 mini runs a 4.7-inch q-HD display, a Qualcomm Snapdragon 1.2GHz quad-core processor, an 8-megapixel main camera and the “Knock Code” feature that allows owners to power on and unlock their phones in one step by tapping their screens.