Last €11.21 EUR
Change Today -0.178 / -1.56%
Volume 1.1K
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Korea SE
Korea SE
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lg electronics inc-regs gdr (LGLG) Details

LG Electronics Inc., together with its subsidiaries, is engaged in the manufacture and sale of consumer electronics under the LG name worldwide. Its Home Entertainment division offers a range of televisions, monitors, PCs, security devices, home theatre systems, Blu ray players, DVD players, music systems, Blu ray and DVD burners, and other products. The company’s Mobile Communications division provides various mobile phones, smartphones, and feature phones, as well as pocket photo printers. Its Home Appliance division offers refrigerators, microwave ovens, dishwashers, washing machines, washer dryers, vacuum cleaners, water purifiers, and healthcare and other products. The company’s Air Conditioning & Energy Solution division provides residential air conditioning, system air conditioning, commercial air conditioners, and other products. LG Electronics Inc. also offers commercial products, including display and security solutions, projectors, and refrigerator compressors; and automotive products and services comprising infotainment devices, safety and convenience devices, and vehicle engineering, as well as powertrain, cooling systems, and battery packs to electric vehicle manufacturers. It also offers LED, display and network, substrate and material, optic, and other products. The company was formerly known as GoldStar and changed its name to LG Electronics Inc. in 1995. LG Electronics Inc. was founded in 1958 and is headquartered in Seoul, South Korea.

85,905 Employees
Last Reported Date: 04/18/14
Founded in 1958

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lg electronics inc-regs gdr (LGLG) Key Developments

LG Electronics, Inc. Announces Licensing Agreement with Google, Inc

LG Electronics Inc. and Google Inc. have entered into a long-term patent cross-licensing agreement covering a range of products and technologies. The agreement covers both the companies' existing patents as well as those filed over the next 10 years.

LG Electronics Launches New Digital Cinema 4K Monitor

LG Electronics has launched its new 'Digital Cinema 4K Monitor' a professional-grade yet affordable desktop display that delivers the intense detail and color accuracy demanded by Ppresent photo, video and graphic design professionals. The LG Digital Cinema 4K Monitor (model 31MU97) debuts at the PDN PhotoPlus International Conference + Expo at the Javits Center in New York (LG Booth #1261). The new 4K model, available nationwide this week, expands LG's premium monitor portfolio, which includes innovative new curved and flat 21:9 'UltraWide' models -- all presenting a host of versatile options for imaging professionals of all types and levels. Digital Cinema 4K Monitor (31MU97): The 31MU97 meets the Digital Cinemas Initiatives' (DCI) standard for 4K resolution displays for rich detail and clarity with 4096 x 2160 pixels in a 31-inch class (31.0-inch diagonal) screen. This 16:9 monitor is capable of displaying over 99.5 % of the Adobe RGB standard (and meets DCI-PE 97 %). It is designed to deliver a richer and wider color range due to its 10-bit color depth that supports more than 1 billion colors for more accurate, detailed and natural-looking images, allowing photographers and video and graphic design professionals to work with images in more detail. The Digital Cinema 4K Monitor is hardware-calibration-ready and also features Dual Color Space, LG's exclusive True Color Pro calibration software. The 31MU97 employs LG's IPS panel, which provides accurate color without washout at wide viewing angles. With two HDMI ports, DisplayPort and MiniDP as well as three USB 3.0 ports, it has all the connectivity a professional requires. Curved UltraWide Monitor (34UC97): Available since earlier October, LG's 34-inch class (34.0-inch diagonal) IPS 21:9 Curved UltraWide Monitor is a complete monitor solution, equally suited to the needs of photographers and video and graphic design professionals. The extra screen real estate helps users accomplish more in less time and, by adding a gentle curve to a 21:9 aspect ratio monitor, LG has created a unique display that delivers a more immersive experience. This Quad HD resolution display (with 3440 x 1440 pixels) provides creative and design professionals with the level of detail and accuracy their work demands. Compatible with both PCs and Macs, the LG 34UC97 monitor handles heavy graphics and videos with ease on either system and supports Thunderbolt(TM) 2 for high-speed data transfers -- up to four times faster than USB 3.0 -- and allows multiple devices to be daisy chained together. The monitor also features MAXX AUDIO(R) and 7W stereo speaker system guaranteed to deliver peak audio performance across all frequencies. Flat UltraWide Monitor (34UM95): LG's award-winning 34-inch class (33.7-inch diagonal) flat UltraWide "WQHD" monitor features multitasking and multimedia capabilities that suit the needs of photographers and graphic design professionals. The monitor boasts a 3440 x 1440 screen resolution, providing an eye-popping level of visual detail and a 21:9 aspect ratio that expands overall screen real estate. LG's 4-Screen Split feature allows users to divide the screen into four sections at eight different screen ratios. Adding even more versatility, LG's Dual-Link Up allows the monitor to connect to two source devices and display each on a single screen simultaneously. It also comes with True Color Finder -- a color calibration software, which ensures color accuracy for source material -- a must for photographers and graphic designer professionals. The 34UM95 is compatible with both Mac and PCs, and possesses two HDMI ports, DisplayPort and two ThunderBolt 2 connections.

LG Electronics Inc. Reports Earnings Results for the Third Quarter Ended September 2014

LG Electronics Inc. reported earnings results for the third quarter ended September 2014. The company reported its July-September net income reached KRW 202.6 billion ($193 million) on sales of KRW 14.9 trillion. Operating income more than doubled from a year earlier to KRW 461.3 billion. The solid earnings stemmed from the recovery of its handset business. Its profit exceeded that from televisions, LG's other mainstay business.


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