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LG Electronics who have openly admitted that their future is more b2b and enterprise services than consumer retailing, due in part to the business struggling in the TV and appliance market from intense price competition with Chinese manufacturers, is now moving into the TV and appliance leasing market for the simple reason that it's easier…
LG Group appear to be backing away from the consumer market after claiming yesterday that the growth of the Company in the future would come from B2b is facing new OLED competition after it was confirmed that TCL is set to commence the production of OLED panels in China that will be significantly cheaper than…
Streaming platforms including WebOS along with streaming sticks from the likes of Amazon, and Google are putting owners and their families at risk as they lure consumers into their so called home entertainment and smart TV services so they can capture sensitive data about health, children, race and political interests claims a major research study.
Recently…
Samsung Electronics who moved to lay off staff in Australia recently has said that profits would come in below market expectations, despite the fall in the South Korean business still managed to deliver A$10.06 billion in profits for the three months ending in September.
Samsung's third-quarter operating profit is up 274.5 percent from a year ago,…
LG Electronics has reported a third quarter slump in provisional operating profits, compared to the same time in 2023, as they struggle to grow their TV and appliance business with the business admitting they are looking to sell more products directly online while bolstering their advertising and data capture business.
In their latest filings the Company…
LG Electronics who are struggling to grow revenues in the Australian appliance market after reporting a 21% last year is now punting on a new range of appliances being launched at IFA 2024 to turn around their fortunes.
Like what several other European appliance manufacturers along with archrival Samsung are launching, LG is spruiking efficiency as…
It's not only Australia where sales of LG Electronic products are tanking, in the UK sales have fallen over A$194M as consumers ditch their premium sticker prices.
The 14.2% slump is less than the 21% fall that the Australian operation reported.
In the UK it's been revealed that arch rival Samsung is stripping share away from LG…
Not content from making tens of millions flogging data on their customers to third parties, LG Electronics is now getting into the 'cringe reality' TV business with a TV show that spruiks the products they are using to capture data including their own OLED TVs washing machines and refrigerators with a six part TV series…
Adobe is being taken to Court by the US Government because of their questionable terms and conditions, Sonos is back peddling over their T&C's which in Australia allows them to sell to third parties data about the music streaming likes of their customers and LG is making billions flogging data to anyone who wants to…
LG Electronics is set to release new Tone Free buds into the market, despite the South Korean Company after having problems with past models resulting in music not playing properly.
Their latest offering is the T90S model that is now using pure graphene for drivers, which is a departure from their previous use of coated graphene.
Described…
