Tag: LG

LG Showcases Sophisticated TVs in Exhibition at Salone del Mobile,Reaffirms Its Commitment to Embracing and Enhancing Consumer Lifestyles SEOUL, April 11, 2023 — LG Electronics (LG) Lifestyle Screens are set to make a bold statement at a new exhibit at Salone del Mobile during this year’s Milan Design Week from April 17-22. ‘A Life Extraordinary’ is a multi-sensorial exhibition featuring the LG OLED Objet Collection. More than an artistic medium, the Lifestyle Screens are presented as works of art, highlighting the seamless and inspiring integration of technology and evocative design. Through high-profile initiatives, LG seeks to boost awareness of its Lifestyle Screens and ultimately expand the availability of this unique line. A leading lifestyle innovator, LG is continuously exploring...

Second Highest First Quarter Revenue WithSteady Growth Based on Strong Fundamentals SEOUL, April 7, 2023 — LG Electronics Inc. (LG) today announced its preliminary earnings results for the first quarter of 2023. LG reported revenues of KRW 20.4 trillion, the second highest quarterly revenue, with operating profit of KRW 1.5 trillion, the third highest quarterly operating profit, in the first quarter of 2023. Despite the impact of challenging global economic conditions, the record sales reflect the company’s radical improvement on effectively managing the business structure and operational method. Most notably, it is significant that there was substantial increase in profitability this year considering the positive impact of the royalty income compared to the operating profit of first qua...

As a world-leading consumer electronics company, LG not only innovates to make life better for all, but also to invent completely new lifestyles. But for the company to accomplish its ambitious goals, it requires its partners from around the world to help in its pursuit of superior technologies and expanding the accessibility of products and services. Central Advanced Digitech has played its part as a key distributor of LG products in East Africa, giving more people in the region the chance to benefit daily from the most innovative, customer-centered and environment-friendly products. (From left to right) Isra Amin, corporate communications director of CTC Group, Grace Ju, councilor of the embassy of the Republic of Korea in Sudan, Ahmed Amin Abdellatif, president of CTC Group, Dong Won L...