Company News \ LG News (rss feed)

Founded Jan 1947
Headquarters Seoul, Korea
Website www.lg.com

Latest stock prices

Symbol Name Time Trade Change % Chg Volume P/E Ratio EPS Mkt Cap
003550.KS LG 07:00 GMT 53900 +900 +1.70% 433864 9.34 5672.7402 9.296T

Latest LG news

  • God of couch potatoes dies

    Flash-Matic system had a few bugs. Direct sunlight shining on the receiver's photo cells could also trigger the remote control functions A better device was developed just a year later by Robert Adler, who also worked at Zenith, which is now owned by LG Electronics.
  • Sony and Panasonic to team up on OLED

    RumourAccording to Reuters, the cunning plan will take on a similar alliance between Samsung and LG to sell 55-inch OLED televisions, which can be as slim as 4 millimetres, consume less power and offer sharper images.
  • LG makes product cuts and management changes

    LG's Display arm has decided to try and patch up its failing business, promising to reform "everything to the bone.
  • Over half of US smartphone subscribers use Android

    Samsung was the top handset manufacturer overall, with 26.0 percent market share, which is an increase of 0.7 percentage points. LG was next with a 19.3 percent share.
  • Hitachi exec pays up for price fixing

    An executive who worked for the company which sounds like a sneeze, with Hitachi-LG Data Storage, has agreed to plead guilty and serve a prison sentence for price fixing.
  • Ballmer to have a quiet word with LG

    The shy and retiring Microsoft CEO Steve "There's a kind of hush" Ballmer is to visit Seoul to have a quiet word with LG.
  • Samsung family inheritance row becomes more bitter, twisted

    And he also had a few choice words for his sister Lee Sook-hee, who is also suing the chairman for her claimed inheritance, claiming she was a loved member of the family before she married a member of the Gumsung clan, which controls rival LG.
  • Korean majors cross fingers for Sony recovery

    Samsung and LG areshowing mixed feelings over the current business troubles of Sony - as it is a top partner for the Korean pair that sell it billions of dollars worth of components.
  • Android rules US smartphone market

    Other figures will be disappointing to Apple. Its former partner and now sworn enemy Samsung captured 25.6 percent of the market, with LG coming in second at 20.5 percent.
  • LG comes up with flexible e-ink display

    LG has announced that it has begun mass production of the world's first commercial flexible, plastic e-ink display.
  • "Silicon Graphics" rises from the dead to troll six big mobile outfits

    Graphics Properties Holdings claims that by selling mobile telephones Apple, Sony, Samsung, RIM, HTC and LG were using ideas that it invented
  • HP Romania under investigation for market position abuse

    Of course, the company is not the only one which has been fingered for abusing trust. Over in South Korea Samsung, LG and a cartel of telecoms companies are being investigated for consumer fraud, while AUO has been under the watchful eye of watchdogs for fixing panel screen pricing.
  • LG is the comeback kid

    LG, which has had apretty poor  couple of years, claims that it has turned the corner.
  • Korean lawyers slap Samsung with fine for obstructing justice

    The building raid was in relation to an investigation that Samsung, LG, Pantech and mobile operators SK Telecom, KT Corp and LG Uplus had got all way too cosy and plotted together to mark up the prices of mobile phone handsets.
  • Samsung and its mobile mates hit with price fixing fines

    South Korea's Fair Trade Commission (FTC) gave Samsung, LG, Pantech and mobile operators SK Telecom, KT Corp and LG Uplus a combined fine of $40.1 million (45.3 billion won) claiming the cosy little group plotted together to mark up the prices of mobile phone handsets.
  • AUO to contest price-fixing guilty verdict

    A number of firms have been reprimanded over alleged price fixing between 2001 and 2006, with Samsung, LG and others in hot water with US authorities.
  • Sony dismisses quad-core smartphones

    The announcement is a slap in the face with a wet fish for Nvidia's Tegra 3 and LG Optimus 4X HD, then came the HTC One X, the ZTE Era and Huawei's Ascend D Quad. Everyone expects Samsung's quad-core Samsung Galaxy S III to be out soon too.
  • Gyroscopes are the new boom market

    He said that of the $655 million total revenue generated by the gyroscope space, the 3-axis segment accounted for $462 million, or 71 percent. Apple was the main consumer, accounting for 62 percent consumption of 3-axis gyroscopes, with other manufacturers like Samsung and LG also beginning to use t

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