TechDay Australia - Australia's technology news network

LG Electronics (LG) stories

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LG partners with Tenstorrent to enhance AI chip development
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LG Electronics is expanding its partnership with Tenstorrent to enhance AI chip development for home appliances and future mobility applications.
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LG Australia appoints Virender Rana to boost HVAC growth
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LG Electronics Australia has appointed Virender Rana as Head of Business Air Solutions, aiming to double revenue and enhance its HVAC workforce by 33%.
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LG Electronics posts record Q3 revenue despite challenges
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LG Electronics has achieved record third-quarter revenue of AUD $24.23 billion amidst ongoing global economic challenges.
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LG Electronics ranks 97th in Best Global Brands 2024
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LG Electronics has soared in brand valuation, ranking 97th in Interbrand's Best Global Brands 2024 report, valued at USD$6.5 billion, up 38.7% year-on-year.
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LG enters NZ HVAC market with smart air conditioners
Fri, 23rd Aug 2024
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LG Electronics enters the NZ HVAC market with smart split system air conditioners, featuring ThinQ technology and Smart Inverter Compressors, in partnership with Corys Electrical.
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LG Electronics outlines Future Vision 2030 at investor forum
Fri, 23rd Aug 2024
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digital transformation
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power / energy
LG Electronics reveals ambitious Future Vision 2030 strategy, aiming to transform into a Smart Life Solution Company and achieve Triple Seven targets.
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LG invests USD $10 million in SBVA’s Alpha Intelligence Fund
Thu, 22nd Aug 2024
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LG Electronics pledges USD $10 million to SBVA's Alpha Intelligence Fund, targeting AI and deep-tech startup growth and future business innovation.
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LG Electronics sees record second-quarter revenue & profit
Tue, 6th Aug 2024
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LG Electronics posted record second-quarter revenue of KRW 21.69 trillion (USD $15.82 billion) and operating profit of KRW 1.20 trillion (USD $875 million).
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LG expands smart factory initiative, targets multi-trillion KRW by 2030
Thu, 25th Jul 2024
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LG Electronics bolsters its smart factory solutions, integrating AI and digital transformation to enhance efficiency and expand its client base beyond the LG Group. PRI anticipates KRW 200 billion in orders.
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IGEL expands into IoT with LG partnership aimed at healthcare
Thu, 6th Jun 2024
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IGEL partners with LG Electronics to venture into IoT, aiming to revolutionise healthcare with enhanced digital security and large-screen displays.
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LG unveils state-of-the-art UltraGear OLED gaming monitors in Australia
Thu, 25th Apr 2024
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LG Electronics Australia unveils a trio of award-winning UltraGear OLED 800R curved gaming monitors, offering immersive, panoramic gaming experiences with superior performance to Australian gamers.
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LG Magna earns cybersecurity certification ahead of new regulations
Wed, 27th Mar 2024
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LG Magna secures Cyber Security Management System certification ahead of new global regulations due July 2024.
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LG Electronics Australia partners with Care Messenger to transform elderly care
Wed, 27th Mar 2024
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LG Electronics Australia targets the aged care industry with a new partnership with Care Messenger, aiming to enhance communication for Australia's booming elderly population.
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LG modernises Sydney Dance Company with innovative tech upgrades
Mon, 26th Feb 2024
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LG Business Solutions partners with Sydney Dance Company to transform historic Walsh Bay Wharf Studios, integrating state-of-the-art display and sound technology to enhance visitor engagement.
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Global smart TV shipments expected to drop in 2023, IDC reveals
Fri, 29th Dec 2023
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Global smart TV shipments are expected to decrease by 5.5% in 2023, with zero growth in 2024, according to the IDC, amid economic challenges and consumer demand shifts. However, the Indian market bucks this trend showing robust growth.
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LG unveils advanced smart home AI agent for Zero Labour Home
Thu, 28th Dec 2023
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The intelligent home manager, which integrates robotic, AI and multi-modal technologies, marks a step towards the company's vision of a "Zero Labor Home".
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Financial report shows 11% revenue increase for LG Electronics
Fri, 7th Jul 2023
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financial results
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revenue
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The New Zealand branch of LG Electronics Australia has released its latest financial report detailing its finances as of 31st December 2022.
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Azul appoints Dean Vaughan as VP
Fri, 19th Aug 2022
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data analytics
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commerce systems
Azul appoints Dean Vaughan as VP to drive APAC expansion, investing in people and new product development to drive customer value.
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LG Electronics’ revenue in NZ grows by 57% in FY 2021
Mon, 8th Aug 2022
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The New Zealand branch of LG Electronics Australia's total revenue shot up by nearly NZD $45 million reaching a total of $123.7 million for FY 2021.
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LG Electronics brings on Aussie AV distributor Alloys
Thu, 7th Jul 2022
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LG Electronics Australia Business Solutions has appointed Australian AV distributor Alloys as a new distribution partner.