LG ELECTRONICS ANNOUNCES TO END ITS NO PROFIT MOBILE BUSINESS

Highlights –

• LG Electronics announces to end its no profit mobile business.
• The company in a regulatory filing announced to no longer produce and sell handsets after July 31.
• LG's mobile business has reportedly been in the red sin...

IMPORT DUTY HIKE CAN INCREASE PRICES OF CONSUMER ELECTRONICS

HIGHLIGHTS

• The import duty on consumer electronics announced in the new budget can increase the prices of consumer electronics.
• Analyst says that the new hike might impact mobile phone prices, increasing them by ? 400 – ? 500 range.

LG UNVEILS NEW G1 OLED EVO TV SERIES FOR 2021 IN THE PREMIUM TV MARKET

Highlights –

• LG unveils new G1 OLED evo TV series for 2021 in the premium TV market.
• LG is considered to be the world’s largest OLED TV maker.
• LG announced to boost its NanoCell TV lineup by releasing large models in 2021.
...

S. KOREAN FIRMS TO SHOWCASE NEW INNOVATIONS AT CES 2021 IN ONLINE EXHIBITION

Highlights –

• S. Korean firms to showcase new innovations at CES 2021 in online exhibition.
• The firms have been sponsored by Samsung Electronics Co. and LG Electronics Inc.
• More than 1,950 firms will be taking part in CES 2021.
...

SAMSUNG ELECTRONICS FLOURISHES AMIDST US LED HUAWEI SANCTIONS

• Samsung Electronics did flourishing business third quarter of the year registering largest operating profit in last 2 years.
• The South Korean tech giant said in its primary earnings report that it would register 66 trillion won ($57.01 billion) in revenue and 12.3 trillion won ...

IFA PARED DOWN EVENT EXULTS IN HYBRID FORMAT PREMIERING TECH BESTSELLERS

• IFA, the grandiose consumer electronics trade show in Europe, kicked off Thursday through a plethora of channels tripping in both the real and virtual worlds for the first time since its inception in 1924.
• In Berlin, a shorter format of the annual trade show is playing out at M...

L’Oréal’s key focus is Customization in their Technology Incubator

Since L'Oréal's Technology Incubator began in 2012 personalization has been the focus of attention. The incubator, designed to function as a start-up within the cosmetics company with a commitment to emerging technology, employs approximately 30 experts in areas such as physics, te...

Samsung demonstrates AI-advanced life companion bot Ballie

While delivering a keynote address titled “Age of Experience” which spoke about future scope of artificial intelligence in personalized care, the CEO of Samsung Electronics introduced the latest technology- a small yellow ball-shaped robot- Ballie, a brand new personal care robot.

Samsung, LG to demonstrate upgraded AI-equipped fridges at CES 2020

LG Electronics and Samsung Electronics will unveil new editions of refrigerators, equipped with advanced artificial intelligence at the upcoming Consumer Electronics Show which will begin Tuesday, next week in Las Vegas, US.

This won’t be the first time the two companies are demon...

ABB and Exeger join hands to speed up the use of Renewable Energy

The product of Exeger is unique on the market, with the proprietary PV system allowing energy to be stored both outside in direct sunlight and inside the home in low or artificial light. User experience is greatly enhanced with a substantial increase in battery life by penetration into consumer e...